Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVES (Tables)

v3.24.2
DERIVATIVES (Tables)
3 Months Ended
Mar. 31, 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)
March 31, 2024
Interest rate swaps related to subordinated debt
Other Assets
$
30,000
$
5,755
6.3
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
 
 
 
 
 
 
Amount of (Loss)
Amount of Gain
Gain Recognized
(Loss) Reclassified
(Dollars in Thousands)
Category
in AOCI
from AOCI to Income
Three months ended March 31, 2024
Interest expense
$
326
 
$
375
 
Three months ended March 31, 2023
Interest expense
(598)
309