Annual report pursuant to Section 13 and 15(d)

DERIVATIVES (Tables)

v3.24.0.1
DERIVATIVES (Tables)
12 Months Ended
Dec. 31, 2023
Derivatives [Abstract]  
Cash Flow Hedges Included in the Consolidated Statement of Financial Condition
 
 
 
 
 
 
 
 
 
 
Statement of Financial
Notional
Fair
 
Weighted Average
(Dollars in Thousands)
Condition Location
 
Amount
Value
 
Maturity (Years)
Interest rate swaps related to subordinated debt:
December 31, 2023
Other Assets
$
30,000
$
5,317
 
6.5
December 31, 2022
Other Assets
$
30,000
$
6,195
 
7.5
Net Gains (Losses) Recorded in Accumulated Other Comprehensive Income
 
 
 
 
 
 
 
 
 
Amount of Gain
Amount of Gain
(Loss) Recognized
(Loss) Reclassified
(Dollars in Thousands)
Category
in AOCI
from AOCI to Income
December 31, 2023
Interest Expense
$
3,969
 
$
1,395
 
December 31, 2022
Interest Expense
$
4,625
 
$
337
 
December 31, 2021
Interest Expense
$
1,530
 
$
(151)