DERIVATIVES (Tables) |
9 Months Ended |
|---|---|
Sep. 30, 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
September 30, 2023
Interest rate swaps related to subordinated debt
Other Assets
$
30,000
$
6,748
6.8
December 31, 2022
Interest rate swaps related to subordinated debt
Other Assets
$
30,000
$
6,195
7.5
|
| Net gains (losses) recorded in accumulated other comprehensive income |
Amount of (Loss)
Amount of Gain
Gain Recognized
(Loss) Reclassified
(Dollars in Thousands)
Category
in AOCI
from AOCI to Income
Three months ended September 30, 2023
Interest expense
$
574
$
375
Three months ended September 30, 2022
Interest expense
1,050
113
Nine months ended September 30, 2023
Interest expense
$
413
$
1,016
Nine months ended September 30, 2022
Interest expense
3,287
112
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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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- Definition Tabular disclosure of derivative liabilities at fair value. No definition available.
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