DERIVATIVES (Tables) |
12 Months Ended |
|---|---|
Dec. 31, 2022 | |
| 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, 2022
Other Assets
$
30,000
$
6,195
7.5
December 31, 2021
Other Assets
$
30,000
$
2,050
8.5
|
| 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, 2022
Interest Expense
$
4,625
$
337
December 31, 2021
Interest Expense
$
1,530
$
(151)
December 31, 2020
Interest Expense
$
428
$
(64)
|
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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.
|