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Derivative Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2024
Derivative Financial Instruments |
Summary of notional amount and fair value of derivative assets and liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Notional | ​ | ​ | ​ | ​ | ​ | Fair Value
​ | ​ | Amount |  | ​ | Balance Sheet Location |  | ​ | Asset |  | ​ | Liability
March 31, 2024 | ​ | (In thousands) | ​ | ​ | ​ | ​ | ​ | (In thousands)
Interest rate lock commitments | $ | 31,888 | ​ | ​ | Other assets/liabilities | ​ | $ | 174 | ​ | $ | 22
Forward contracts | ​ | 33,375 | ​ | ​ | Other assets/liabilities | ​ | ​ | 9 | ​ | ​ | 110
Interest rate swaps | ​ | 57,531 | ​ | ​ | Other assets/liabilities | ​ | ​ | 3,985 | ​ | ​ | —
Put options | ​ | 734,130 | ​ | ​ | Other assets | ​ | ​ | 33,490 | ​ | ​ | —
Interest rate floors | ​ | 1,229,918 | ​ | ​ | Other assets | ​ |  | 8,910 | ​ | ​ | —
Credit derivatives | ​ | 76,092 | ​ | ​ | Other liabilities | ​ | ​ | — | ​ | ​ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 46,568 | ​ | $ | 132
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Notional | ​ | ​ | ​ | ​ | ​ | Fair Value
​ | ​ | Amount |  | ​ | Balance Sheet Location |  | ​ | Asset |  | ​ | Liability
December 31, 2023 | ​ | (In thousands) | ​ | ​ | ​ | ​ | ​ | (In thousands)
Interest rate lock commitments | $ | 16,526 | ​ | ​ | Other assets/liabilities | ​ | $ | 140 | ​ | $ | 4
Forward contracts | ​ | 25,500 | ​ | ​ | Other assets/liabilities | ​ | ​ | 4 | ​ | ​ | 391
Interest rate swaps | ​ | 57,540 | ​ | ​ | Other assets/liabilities | ​ | ​ | 2,610 | ​ | ​ | —
Put options | ​ | 748,374 | ​ | ​ | Other assets | ​ | ​ | 25,877 | ​ | ​ | —
Interest rate floors | ​ | 748,374 | ​ | ​ | Other assets | ​ | ​ | 6,576 | ​ | ​ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 35,207 | ​ | $ | 395
Summarizes the periodic changes in the fair value of the derivative financial instruments on the consolidated statements of income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | March 31,
​ |  | 2024 |  | 2023
​ | ​ | (In thousands)
Derivative gain (loss) included in gain on sale of loans: | ​ | ​ | ​ | ​ | ​ | ​
Interest rate lock commitments | ​ | $ | 16 | ​ | $ | 209
Forward contracts (includes pair-off settlements) | ​ | ​ | 94 | ​ | ​ | (96)
Interest rates swaps | ​ | ​ | 1,375 | ​ | ​ | (1,336)
Net gain (loss) | ​ | $ | 1,485 | ​ | $ | (1,223)
​ | ​ | ​ | ​ | ​ | ​ | ​
Derivative gain (loss) included in other income: | ​ | ​ | ​ | ​ | ​ | ​
Put options | ​ | ​ | 7,613 | ​ | ​ | —
Interest rate floors | ​ | ​ | 2,334 | ​ | ​ | —
Net gain (loss) | ​ | $ | 9,947 | ​ | $ | —
​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate swaps |
Derivative Financial Instruments |
Summary of notional amount and fair value of derivative assets and liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Notional | ​ | ​ | ​ | ​ | ​ | Fair Value
​ | ​ | Amount |  | ​ | Balance Sheet Location |  | ​ | Asset |  | ​ | Liability
​ | ​ | (In thousands) | ​ | ​ | ​ | ​ | ​ | (In thousands)
March 31, 2024 | $ | 657,572 | ​ | ​ | Other assets/liabilities | ​ | $ | 15,259 | ​ | $ | 15,259
December 31, 2023 | $ | 607,169 | ​ | ​ | Other assets/liabilities | ​ | $ | 12,426 | ​ | $ | 12,426
Summarizes the periodic changes in the fair value of the derivative financial instruments on the consolidated statements of income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | March 31,
​ |  | 2024 |  | 2023
​ | ​ | (In thousands)
Gross swap gains | ​ | $ | 2,833 | ​ | $ | 580
Gross swap losses | ​ | ​ | 2,833 | ​ | ​ | 580
Net swap gains (losses) | ​ | $ | — | ​ | $ | —
​ | ​ | ​ | ​ | ​ | ​ | ​

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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480237/815-40-50-5 + Details
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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 815 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1A Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1B Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-8 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-5 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C + Details
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