Derivative Financial Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2025

Derivative Financial Instruments and Hedging Activities

Summary of Interest Rate Swaps

(Dollars in thousands)	March 31, 2025			December 31, 2024
Notional amount	$	20,000		$	20,000
Fair value	$	408		$	139
Weighted average pay rate		2.89	%		0.83	%
Weighted average receive rate		4.30	%		5.12	%
Weighted average maturity in years		2.95			0.19
Number of contracts		1			1

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

	For the three months ended March 31,
(In thousands)	2025		2024
Loss recognized in OCI
Gross of tax	$	(333)	$	(113)
Net of tax		(242)		(81)
Gain reclassified from AOCI into net income
Gross of tax		156		238
Net of tax		113		170