v3.26.1
INTEREST RATE DERIVATIVES (Tables)
6 Months Ended
Jun. 30, 2026
INTEREST RATE DERIVATIVES  
Summary information for the interest rate swaps designated as cash flow hedges

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As of or for the

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As of or for the

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Six Months Ended

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Year Ended

(Dollars in thousands)

 

June 30, 2026

 

December 31, 2025

Notional amounts

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$

300,000

 

$

575,000

Weighted-average pay rate

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1.71%

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1.98%

Weighted-average receive rate

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3.12%

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4.21%

Weighted-average maturity

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5.0 years

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4.5 years

Weighted-average remaining maturity

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0.8 years

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0.6 years

Net interest income

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$

3,748

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$

14,776

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As of or for the

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As of or for the

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Six Months Ended

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Year Ended

(Dollars in thousands)

 

June 30, 2026

 

December 31, 2025

Notional amounts

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$

450,000

 

$

250,000

Rate cap premiums

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1,503

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819

Weighted-average cap rate

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4.06%

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4.10%

Weighted-average maturity

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2.1 years

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2.8 years

Weighted-average remaining maturity

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1.5 year

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1.2 years

Net interest income

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$

(57)

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$

345

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