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Derivative Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Fair Value of Derivative Financial Instruments | The table below presents the fair value of the Company’s derivative financial instruments as of December 31, 2025 and December 31, 2024:
| Derivative Assets |  |  | Derivative Liabilities
(In thousands) |  | December 31, 2025 |  | December 31, 2024 |  |  | December 31, 2025 |  | December 31, 2024
Derivatives designated as hedging instruments under ASC 815: |  |  |  |  |  |  |  |  |
Interest rate derivatives designated as Cash Flow Hedges |  | $ | 53,622 |  |  | $ | 7,329 |  |  |  | $ | 3,363 |  |  | $ | 56,084 |
Interest rate derivatives designated as Fair Value Hedges |  | 5,350 |  |  | 10,001 |  |  |  | 496 |  |  | 87 |
Total derivatives designated as hedging instruments under ASC 815 |  | $ | 58,972 |  |  | $ | 17,330 |  |  |  | $ | 3,859 |  |  | $ | 56,171 |
Derivatives not designated as hedging instruments under ASC 815: |  |  |  |  |  |  |  |  |
Interest rate derivatives |  | $ | 116,562 |  |  | $ | 177,553 |  |  |  | $ | 116,745 |  |  | $ | 183,799 |
Interest rate lock commitments |  | 3,416 |  |  | 1,950 |  |  |  | — |  |  | 18 |
Forward commitments to sell mortgage loans |  | 104 |  |  | 1,297 |  |  |  | 2,729 |  |  | 88 |
Commodity forward contracts |  | 448 |  |  | 766 |  |  |  | 288 |  |  | 583 |
Foreign exchange contracts |  | 165 |  |  | 1,131 |  |  |  | 153 |  |  | 1,091 |
Total derivatives not designated as hedging instruments under ASC 815 |  | $ | 120,695 |  |  | $ | 182,697 |  |  |  | $ | 119,915 |  |  | $ | 185,579 |
Total Derivatives |  | $ | 179,667 |  |  | $ | 200,027 |  |  |  | $ | 123,774 |  |  | $ | 241,750 |
Schedule of Cash Flow Hedging Instruments | The table below provides details on these cash flow hedges, summarized by derivative type and maturity, as of December 31, 2025:
|  | December 31, 2025
(In thousands) |  | Range of Maturities |  | Notional Amount |  | Fair Value Asset (Liability)
Floor at 1-month CME Term SOFR |  | September 2028 - December 2029 |  | $ | 450,000 |  |  | $ | 2,095 |
Interest rate collars at 1-month CME term SOFR |  | October 2026 - September 2027 |  | 1,750,000 |  |  | (2,208) |
Interest rate swaps at 1-month CME term SOFR (1) |  | February 2026 - October 2031 |  | 4,650,000 |  |  | 50,372 |
Total Cash Flow Hedges |  |  |  | $ | 6,850,000 |  |  | $ | 50,259 |
(1)The notional amount includes forward-starting swaps that are not yet effective.
Schedule of Amounts in Accumulated Other Comprehensive Income Related to Interest Rate Swaps Designated as Cash Flow Hedges | A rollforward of the amounts in accumulated other comprehensive income or loss related to interest rate derivatives designated as cash flow hedges, including such derivative contracts terminated during the period, follows:
|  | Years Ended December 31,
(In thousands) |  | 2025 |  | 2024
Unrealized (loss) gain at beginning of period |  | $ | (15,508) |  |  | $ | 43,538 |
Amount reclassified from accumulated other comprehensive income or loss to interest income or expense on deposits, loans and other borrowings |  | 16,311 |  |  | 72,674 |
Amount of gain (loss) recognized in other comprehensive income or loss |  | 66,309 |  |  | (131,720) |
Unrealized gain (loss) at end of period |  | $ | 67,112 |  |  | $ | (15,508) |
Schedule of Carrying Amount of Hedged Assets/(Liabilities) | The following table presents the carrying amount of the hedged assets/(liabilities) and the cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged assets/(liabilities) that are designated as a fair value hedge accounting relationship as of December 31, 2025:
|  |  | December 31, 2025
(In thousands) Derivatives in Fair Value Hedging Relationships | Location in the Statement of Condition |  | Carrying Amount of the Hedged Assets/(Liabilities) |  | Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets/(Liabilities) |  |  | Cumulative Amount of Fair Value Hedging Adjustment Remaining for any Hedged Assets/(Liabilities) for which Hedge Accounting has been Discontinued
Interest rate swaps | Loans, net of unearned income |  | $ | 113,117 |  |  | $ | (4,810) |  |  |  | $ | (31) |
| Available-for-sale debt securities |  | 456 |  |  | (2) |  |  |  | — |
The following table presents the gain or loss recognized related to derivative instruments that are designated as fair value hedges for the respective period:
(In thousands) | Location of Gain or (Loss) Recognized in Income on Derivative |  |  |  |  |  | Year Ended December 31,
Derivatives in Fair Value Hedging Relationships |  |  |  |  |  |  |  |  | 2025 |  |
Interest rate swaps | Interest and fees on loans |  |  |  |  |  |  |  |  |  | $ | (7) |  |  |
Schedule of Consolidated Statement of Income Related to Derivatives | Amounts included in the Consolidated Statements of Income related to derivative instruments not designated in hedge relationships were as follows:
(In thousands) |  |  |  | Years Ended December 31,
Derivative |  | Location in income statement |  | 2025 |  | 2024
Interest rate swaps and caps |  | Trading gains, net |  | $ | (250) |  |  | $ | 59 |
Mortgage banking derivatives |  | Mortgage banking |  | (2,004) |  |  | 952 |
Commodity contracts |  | Trading gains, net |  | (24) |  |  | 184 |
Foreign exchange contracts |  | Trading gains, net |  | 204 |  |  | (84) |
Covered call options |  | Fees from covered call options |  | 20,681 |  |  | 10,196 |
Derivative contract held as economic hedge on MSRs |  | Mortgage banking |  | 5,272 |  |  | (7,909) |
Schedule of Offsetting Assets | The table below summarizes the Company’s interest rate derivatives and offsetting positions as of the dates shown.
| Derivative Assets |  | Derivative Liabilities
| Fair Value |  | Fair Value
(In thousands) | December 31, 2025 |  | December 31, 2024 |  | December 31, 2025 |  | December 31, 2024
Gross Amounts Recognized | $ | 175,534 |  |  | $ | 194,883 |  |  | $ | 120,604 |  |  | $ | 239,970 |
Less: Amounts offset in the Statements of Condition | — |  |  | — |  |  | — |  |  | — |
Net amount presented in the Statements of Condition | $ | 175,534 |  |  | $ | 194,883 |  |  | $ | 120,604 |  |  | $ | 239,970 |
Gross amounts not offset in the Statements of Condition |  |  |  |  |  |  |
Offsetting Derivative Positions | $ | (60,108) |  |  | $ | (74,656) |  |  | $ | (60,108) |  |  | $ | (74,656) |
Collateral Posted | (46,894) |  |  | (78,550) |  |  | (1,963) |  |  | — |
Net Credit Exposure | $ | 68,532 |  |  | $ | 41,677 |  |  | $ | 58,533 |  |  | $ | 165,314 |
Schedule of Offsetting Liabilities | The table below summarizes the Company’s interest rate derivatives and offsetting positions as of the dates shown.
| Derivative Assets |  | Derivative Liabilities
| Fair Value |  | Fair Value
(In thousands) | December 31, 2025 |  | December 31, 2024 |  | December 31, 2025 |  | December 31, 2024
Gross Amounts Recognized | $ | 175,534 |  |  | $ | 194,883 |  |  | $ | 120,604 |  |  | $ | 239,970 |
Less: Amounts offset in the Statements of Condition | — |  |  | — |  |  | — |  |  | — |
Net amount presented in the Statements of Condition | $ | 175,534 |  |  | $ | 194,883 |  |  | $ | 120,604 |  |  | $ | 239,970 |
Gross amounts not offset in the Statements of Condition |  |  |  |  |  |  |
Offsetting Derivative Positions | $ | (60,108) |  |  | $ | (74,656) |  |  | $ | (60,108) |  |  | $ | (74,656) |
Collateral Posted | (46,894) |  |  | (78,550) |  |  | (1,963) |  |  | — |
Net Credit Exposure | $ | 68,532 |  |  | $ | 41,677 |  |  | $ | 58,533 |  |  | $ | 165,314 |

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