|
The notional and fair value of derivative instruments as of March 31, 2023 and December 31, 2022 are reflected in the following
table (dollars in thousands):
| |
|
Notional Amount
|
|
Balance Sheet Location
|
|
Fair Value
|
|
|
March 31, 2023
|
|
|
|
|
|
|
|
|
Derivative assets
|
|
|
|
|
|
|
|
|
Interest rate swaps
|
|
$
|
57,560
|
|
Other Assets
|
|
$
|
5,294
|
|
| |
|
|
|
|
|
|
|
|
|
|
Derivative liabilities
|
|
|
|
|
|
|
|
|
|
|
Interest rate swaps
|
|
|
57,560
|
|
Other Liabilities
|
|
|
5,294
|
|
| |
|
Notional Amount
|
|
Balance Sheet Location
|
|
Fair Value
|
|
|
December 31, 2022
|
|
|
|
|
|
|
|
|
|
|
Derivative assets
|
|
|
|
|
|
|
|
|
|
|
Interest rate swaps
|
|
$
|
62,661
|
|
Other Assets
|
|
$
|
6,463
|
|
| |
|
|
|
|
|
|
|
|
|
|
Derivative liabilities
|
|
|
|
|
|
|
|
|
|
|
Interest rate swaps
|
|
|
62,661
|
|
Other Liabilities
|
|
|
6,463
|
|
|