Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVES (Tables)

v3.24.3
DERIVATIVES (Tables)
 9 Months Ended
Sep. 30, 2024
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)
September 30, 2024
Interest rate swaps related to subordinated debt
Other Assets
$
30,000
$
4,444
5.8
December 31, 2023
Interest rate swaps related to subordinated debt
Other Assets
$
30,000
$
5,317
6.5
Net gains (losses) recorded in accumulated other comprehensive income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Change in Gain
 
Amount of Gain
(Loss) Recognized
(Loss) Reclassified
(Dollars in Thousands)
Category
in AOCI
from AOCI to Income
Three months ended September 30, 2024
Interest expense
$
(941)
$
377
 
Three months ended September 30, 2023
Interest expense
574
 
375
 
Nine months ended September 30, 2024
Interest expense
$
(652)
$
1,128
 
Nine months ended September 30, 2023
Interest expense
413
 
1,016