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Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Financial Instruments with Off-Balance Sheet Risk
Financial instruments with off-balance-sheet risk at the dates indicated follow:
 At September 30, 2025At December 31, 2024
 (In Thousands)
Financial instruments whose contract amounts represent credit risk:  
Commitments to originate loans and leases:  
Commercial real estate$92,170 $11,126 
Commercial148,835 144,721 
Residential mortgage51,413 14,607 
Home equity6,793 — 
Unadvanced portion of loans and leases2,512,536 1,076,783 
Unused lines of credit:  
Home equity1,151,832 780,214 
Other consumer135,404 113,838 
Other commercial— 398 
Unused letters of credit: 
     Financial standby letters of credit11,038 12,702 
Performance standby letters of credit25,388 24,325 
Commercial and similar letters of credit46,232 2,330 
Interest rate derivatives216,667 225,000 
Loan level derivatives (Notional principal amounts):
Receive fixed, pay variable3,539,080 1,672,948 
Pay fixed, receive variable3,543,667 1,672,948 
Risk participation-out agreements648,328 539,731 
Risk participation-in agreements169,155 102,198 
Foreign exchange contracts (Notional amounts):
Buys foreign currency, sells U.S. currency3,385 5,849 
Sells foreign currency, buys U.S. currency3,701 5,408 
Schedule of Lease Cost, Supplemental Cash Flow and Supplemental Balance Sheet Information
The Company considered the following criteria when determining whether a contract contains a lease, the existence of an identifiable asset and the right to obtain substantially all of the economic benefits from use of the asset through the period. The Company uses the FHLB classic advance rates available as of the lease's start dates as the discount rate to determine the net present value of the remaining lease payments.
Total lease commitments increased from $44.8 million as of December 31, 2024 to $92.2 million as of September 30, 2025. The increase is due to the addition of leases from legacy Berkshire branch locations.
Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024
(In Thousands)
The components of lease expense was as follows:
Operating lease cost$6,712 $6,779 
Supplemental cash flow information related to leases was as follows:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$7,685 $6,862 
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases assets $45,516 $16,089 
Operating leases liabilities51,838 16,089 
At September 30, 2025At December 31, 2024
(In Thousands)
Supplemental balance sheet information related to leases was as follows:
Operating Leases
Operating lease right-of-use assets$84,238 $43,527 
Operating lease liabilities92,211 44,785 
Weighted Average Remaining Lease Term
Operating leases8.148.90
Weighted Average Discount Rate
Operating leases4.2%4.1%
Schedule of Maturities of Operating Leases
A summary of future minimum rental payments under such leases at the dates indicated follows:
Minimum Rental Payments
September 30, 2025
 (In Thousands)
Remainder of 2025$4,575 
Year ending:
202618,532 
202716,891 
202814,296 
202911,399 
Thereafter42,253 
Total$107,946 
Less imputed interest(15,735)
Present value of lease liability$92,211