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
Value
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)
|
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- References No definition available.
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- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure of derivative liabilities at fair value. No definition available.
|