XML 66 R56.htm IDEA: XBRL DOCUMENT v3.23.2
Derivative Instruments and Hedging Activities (Details) - Derivatives Not Designated as Hedging Instruments [Member]
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
Agreement
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
Agreement
Jun. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Agreement
Derivative Asset [Abstract]          
Derivatives, fair value $ 114,248   $ 114,248   $ 117,294
Netting adjustments, fair value [1] 23,960   23,960   24,109
Net derivatives in the balance sheet, fair value 90,288   90,288   93,185
Derivatives not offset on the balance sheet, fair value 456   456   352
Cash collateral, fair value [2] 0   0   0
Net derivative amounts, fair value 89,832   89,832   92,833
Derivative Liability [Abstract]          
Derivatives, fair value 114,211   114,211   117,257
Netting adjustments, fair value [1] 0   0   0
Net derivatives in the balance sheet, fair value 114,211   114,211   117,257
Derivatives not offset on the balance sheet, fair value 456   456   352
Cash collateral, fair value [2] 0   0   0
Net derivative amounts, fair value 113,755   113,755   $ 116,905
Other Income [Member]          
Gain or loss recognized in income on derivatives not designating as a hedging relationship [Abstract]          
Increase (decrease) in other income $ (7) $ (67) $ 0 $ (119)  
Interest Rate Swaps [Member]          
Interest rate derivatives [Abstract]          
Number of risk participation agreements held | Agreement 12   12   15
Interest Rate Swaps [Member] | Other Assets [Member]          
Derivative Asset [Abstract]          
Derivatives, notional amount $ 1,293,103   $ 1,293,103   $ 1,275,708
Derivatives, fair value 114,212   114,212   117,247
Interest Rate Swaps [Member] | Other Liabilities [Member]          
Derivative Liability [Abstract]          
Derivatives, notional amount 1,293,103   1,293,103   1,275,708
Derivatives, fair value 114,203   114,203   117,247
Risk Participation Agreements [Member] | Other Assets [Member]          
Derivative Asset [Abstract]          
Derivatives, notional amount 62,813   62,813   88,963
Derivatives, fair value 36   36   47
Risk Participation Agreements [Member] | Other Liabilities [Member]          
Derivative Liability [Abstract]          
Derivatives, notional amount 17,285   17,285   18,421
Derivatives, fair value $ 8   $ 8   $ 10
[1] Netting adjustments represents the amounts recorded to convert derivatives assets and liabilities from a gross basis to a net basis in accordance with the applicable accounting guidance on the settle to market rules for cleared derivatives. The CME legally characterizes the variation margin posted between counterparties as settlements of the outstanding derivative contracts instead of cash collateral.
[2] Cash collateral represents the amount that cannot be used to offset our derivative assets and liabilities from a gross basis to a net basis in accordance with the applicable accounting guidance. The other collateral consists of securities and is exchanged under bilateral collateral and master netting agreements that allow us to offset the net derivative position with the related collateral. The application of the other collateral cannot reduce the net derivative position below zero. Therefore, excess other collateral, if any, is not reflected above.