Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2023

Derivative Instruments

Schedule of amounts recorded in the Company's consolidated balance sheets for derivatives not designated as hedging instruments

		March 31, 2023				December 31, 2022
		Fair		Notional		Fair		Notional
(dollars in thousands)		Value		Amount		Value		Amount
Designated as hedging instruments:	Consolidated Balance Sheet Location
Fair value hedges:
Interest rate swaps	Accrued expenses and other liabilities	$	1,725	$	200,000	$	—	$	—
Total derivatives designated as hedging instruments		$	1,725	$	200,000	$	—	$	—
Not designated as hedging instruments:
Asset Derivatives
Interest rate swaps	Other assets	$	5,346	$	43,073	$	6,277	$	43,430
Interest rate lock commitments	Other assets		358		19,180		121		10,462
Forward loan sales commitments	Other assets		1		280		7		351
Total asset derivatives not designated as hedging instruments		$	5,705	$	62,533	$	6,405	$	54,243
Liability Derivatives
Interest rate swaps	Accrued expenses and other liabilities	$	5,346	$	43,073	$	6,277	$	43,430
To-be-announced mortgage backed securities	Accrued expenses and other liabilities		105		38,000		26		25,750
Total liability derivatives not designated as hedging instruments		$	5,451	$	81,073	$	6,303	$	69,180

Schedule of hedge accounting included in the carrying amount of hedged assets and liabilities in fair value hedging relationships:

	March 31, 2023
			Cumulative Fair
			Value Hedging
			Adjustment in the
	Carrying Amount		Carrying Amount of
	of Hedge Assets/		Hedged Assets/
	Liabilities		Liabilities
(dollars in thousands)
Mortgage-backed securities
Residential agency	$	297,038	$	1,723
Total	$	297,038	$	1,723

Schedule of gain (loss) recognized on derivatives instruments

(dollars in thousands)	Consolidated Statements	Three months ended March 31,
Derivatives designated as hedging instruments	of Income Location	2023		2022
Interest rate swaps	Interest income	$	(2)	$	—
Total gain (loss) from derivatives designated as hedging instruments		$	(2)	$	—
Derivatives not designated as hedging instruments
Interest rate swaps	Other noninterest income	$	—	$	—
Interest rate lock commitments	Mortgage banking		340		(710)
Forward loan sales commitments	Mortgage banking		(6)		(490)
To-be-announced mortgage backed securities	Mortgage banking		(173)		2,503
Total gain (loss) from derivatives not designated as hedging instruments		$	161	$	1,303