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DERIVATIVES AND HEDGING (Tables)
3 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives Designated in Hedge Relationships
Asset DerivativesLiability Derivatives
March 31, 2025December 31, 2024March 31, 2025December 31, 2024
Notional/ Contract AmountFair ValueNotional/ Contract AmountFair ValueNotional/ Contract AmountFair ValueNotional/ Contract AmountFair Value
Interest rate swaps $386,502 $24,371 $386,995 $30,134 $386,502 $24,393 $386,995 $30,184 
Master netting agreements(12,595)(15,627)— — 
Cash offset/(settlement)— — — — 
Net interest rate swaps11,776 14,507 24,393 30,184 
Risk participation agreements758 — 817 — 42,637 10 43,097 
Mortgage loan commitments42,213 388 30,085 108 — — 5,427 
Forward sales contracts9,667 — 49,628 223 42,080 144 — — 
Total$439,140 $12,164 $467,525 $14,838 $471,219 $24,547 $435,519 $30,192 
Schedule of Fair Value, Measured on Nonrecurring Basis, Gains (Losses) From Fair Value Adjustments [Table Text Block]
Gains (losses) recognized in income within mortgage banking operations on non-designated hedging instruments for the three months ended March 31, 2025 and 2024, were as follows (in thousands):
Three Months Ended March 31,
20252024
Mortgage loan commitments$281 $33 
Forward sales contracts(457)70 
$(176)$103 
Offsetting Assets and Liabilities as of March 31, 2025 and December 31, 2024 (in thousands):
March 31, 2025
Gross Amounts of Financial Instruments Not Offset in the Consolidated Statement of Financial Condition
Gross Amounts RecognizedAmounts offset in the Statement of Financial ConditionNet Amounts in the Statement of Financial ConditionNetting Adjustment Per Applicable Master Netting AgreementsFair Value of Financial Collateral in the Statement of Financial ConditionNet Amount
Derivative assets
Interest rate swaps$24,371 $(12,595)$11,776 $— $— $11,776 
$24,371 $(12,595)$11,776 $— $— $11,776 
Derivative liabilities
Interest rate swaps$24,393 $— $24,393 $— $(16,208)$8,185 
$24,393 $— $24,393 $— $(16,208)$8,185 
December 31, 2024
Gross Amounts of Financial Instruments Not Offset in the Consolidated Statement of Financial Condition
Gross Amounts RecognizedAmounts offset
in the Statement
of Financial Condition
Net Amounts in the Statement of Financial ConditionNetting Adjustment Per Applicable Master Netting AgreementsFair Value of Financial Collateral in the Statement of Financial ConditionNet Amount
Derivative assets
Interest rate swaps$30,134 $(15,627)$14,507 $— $— $14,507 
$30,134 $(15,627)$14,507 $— $— $14,507 
Derivative liabilities
Interest rate swaps$30,184 $— $30,184 $— $(18,228)$11,956 
$30,184 $— $30,184 $— $(18,228)$11,956