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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 9 Months Ended
Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Swap Agreements and Non-Hedging Derivative Assets and Liabilities
Information about derivative assets and liabilities at September 30, 2022, follows:
  WeightedWeighted Average RateEstimated
 NotionalAverage ContractFair Value
 AmountMaturityReceivedpay rateAsset (Liability)
 (In thousands)(In years)  (In thousands)
Cash flow hedges:     
Interest rate swaps on commercial loans$225,000 2.92.50 %3.25 %$(4,740)
Forward-starting interest rate swaps on commercial loans175,000 3.0— %3.84 %$(815)
Total cash flow hedges400,000    (5,555)
Economic hedges:     
Interest rate swap on tax advantaged economic development bond$7,270 7.45.09 %4.25 %$(205)
Interest rate swaps on loans with commercial loan customers (1)
1,653,839 5.83.98 %4.26 %(95,836)
Offsetting interest rate swaps on loans with commercial loan customers (1)
1,653,839 5.84.26 %3.98 %52,834 
Risk participation agreements with dealer banks325,063 6.9  13 
Forward sale commitments 539 0.2  7 
Total economic hedges3,640,550    (43,187)
Non-hedging derivatives:     
Commitments to lend 3,132 0.2  16 
Total non-hedging derivatives3,132    16 
Total$4,043,682    $(48,726)
(1) Fair value estimates include the impact of $43.0 million settled to market contract agreements.

Information about derivative assets and liabilities at December 31, 2021, follows:
  WeightedWeighted Average RateEstimated
 NotionalAverage ContractFair Value
 AmountMaturityReceivedpay rateAsset (Liability)
 (In thousands)(In years)  (In thousands)
Economic hedges:     
Interest rate swap on tax advantaged economic development bond$7,879 7.90.47 %5.09 %$(1,158)
Interest rate swaps on loans with commercial loan customers1,684,238 5.83.99 %1.91 %74,348 
Offsetting interest rate swaps on loans with commercial loan customers (1)
1,684,238 5.81.91 %3.99 %(30,454)
Risk participation agreements with dealer banks320,981 5.8  432 
Forward sale commitments 6,377 0.2  134 
Total economic hedges3,703,713    43,302 
Non-hedging derivatives:     
Commitments to lend 8,192 0.2  124 
Total non-hedging derivatives 8,192    124 
Total$3,711,905    $43,426 
(1) Fair value estimates include the impact of $45.7 million settled to market contract agreements.
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) Amounts included in the Consolidated Statements of Income and in the other comprehensive income section of the Consolidated Statements of Comprehensive Income (related to interest rate derivatives designated as hedges of cash flows), were as follows:
Three Months Ended September 30,Nine Months Ended
September 30,
(In thousands)2022202120222021
Interest rate swaps on commercial loans:
Unrealized (loss) recognized in accumulated other comprehensive loss$(5,555)$— $(5,555)$— 
Less: Reclassification of unrealized (loss) from accumulated other comprehensive loss to interest expense— — — — 
Net tax benefit on items recognized in accumulated other comprehensive income1,494 — 1,494 — 
Other comprehensive loss recorded in accumulated other comprehensive income, net of reclassification adjustments and tax effects$(4,061)$— $(4,061)$— 
Net interest expense recognized in interest expense on hedged commercial loans$(136)$— $(136)$— 
Schedule of Amounts Included in the Consolidated Statements of Income Related to Economic Hedges and Non-Hedging Derivatives
Amounts included in the Consolidated Statements of Income related to economic hedges and non-hedging derivatives were as follows:
 Three Months Ended September 30,Nine Months Ended September 30,
(In thousands)2022202120222021
Economic hedges    
Interest rate swap on industrial revenue bond:    
Unrealized gain recognized in other non-interest income$304 $106 $953 $462 
Interest rate swaps on loans with commercial loan customers:    
Unrealized (loss) recognized in other non-interest income(53,788)(17,164)(177,413)(66,949)
Favorable change in credit valuation adjustment recognized in other non-interest income— 874 1,809 2,394 
Offsetting interest rate swaps on loans with commercial loan customers:    
Unrealized gain recognized in other non-interest income53,788 17,164 177,413 66,949 
Risk participation agreements:    
Unrealized (loss) recognized in other non-interest income(19)(103)(419)(282)
Forward commitments:    
Unrealized (loss)/gain recognized in other non-interest income(11)10 (127)(218)
Non-hedging derivatives    
Commitments to lend    
Unrealized (loss) recognized in other non-interest income$(100)$(39)$(108)$(513)
Realized gain in other non-interest income78 500 420 2,310 
Schedule of Assets Subject to an Enforceable Master Netting Arrangement
Offsetting of Financial Assets and Derivative Assets
Gross
Amounts of		Gross Amounts
Offset in the		Net Amounts
of Assets
Presented in the		Gross Amounts Not Offset in
the Statements of Condition
 RecognizedStatements ofStatements ofFinancialCash 
(In thousands)AssetsConditionConditionInstrumentsCollateral ReceivedNet Amount
September 30, 2022      
Interest Rate Swap Agreements:      
Institutional counterparties$101,474 $(48,639)$52,835 $— $— $52,835 
Commercial counterparties98 — 98 — — 98 
Total$101,572 $(48,639)$52,933 $— $— $52,933 
Offsetting of Financial Assets and Derivative Assets
Gross
Amounts of		Gross Amounts
Offset in the		Net Amounts
of Assets
Presented in the		Gross Amounts Not Offset in
the Statements of Condition
 RecognizedStatements ofStatements ofFinancialCash 
(In thousands)AssetsConditionConditionInstrumentsCollateral ReceivedNet Amount
December 31, 2021      
Interest Rate Swap Agreements:      
Institutional counterparties$2,223 $(75)$2,148 $— $— $2,148 
Commercial counterparties76,809 — 76,809 — — 76,809 
Total$79,032 $(75)$78,957 $— $— $78,957 
Schedule of Liabilities Subject to an Enforceable Master Netting Arrangement
Offsetting of Financial Liabilities and Derivative Liabilities
Gross
Amounts of		Gross Amounts
Offset in the		Net Amounts
of Liabilities
Presented in the		Gross Amounts Not Offset in
the Statements of Condition
 RecognizedStatements ofStatements ofFinancialCash 
(In thousands)LiabilitiesConditionConditionInstrumentsCollateral PledgedNet Amount
September 30, 2022      
Interest Rate Swap Agreements:      
Institutional counterparties$(232)$42 $(190)$22,273 $14,863 $36,946 
Commercial counterparties(101,353)5,419 (95,934)— — (95,934)
Total$(101,585)$5,461 $(96,124)$22,273 $14,863 $(58,988)
Offsetting of Financial Liabilities and Derivative Liabilities
Gross
Amounts of		Gross Amounts
Offset in the		Net Amounts
of Liabilities
Presented in the		Gross Amounts Not Offset in
the Statements of Condition
 RecognizedStatements ofStatements ofFinancialCash 
(In thousands)LiabilitiesConditionConditionInstrumentsCollateral PledgedNet Amount
December 31, 2021      
Interest Rate Swap Agreements:      
Institutional counterparties$(78,146)$44,814 $(33,332)$34,896 $43,694 $45,258 
Commercial counterparties(2,461)— (2,461)— — (2,461)
Total$(80,607)$44,814 $(35,793)$34,896 $43,694 $42,797