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Derivatives and Hedging Activities (Tables)
 3 Months Ended
Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value The Company began entering into derivative transactions in the second quarter of 2022.
 Derivative Liabilities
March 31, 2023December 31, 2022
NotionalBalance SheetFairBalance SheetFair
(In thousands)AmountLocationValueLocationValue
Derivatives not designated as hedging instruments
Interest Rate Products$0  Other Liabilities $0  Other Liabilities $0 
Risk Participation Agreement7,499  Other Liabilities 26  Other Liabilities 21 
Total derivatives not designated as hedging instruments $26 $21 
Schedule of Derivative Instruments in Statement of Income The table below presents the effect of the Company’s derivative financial instruments that are not designated as hedging instruments on the consolidated statements of income for the three months ended March 31, 2023:
Effect of Derivatives Not Designated as Hedging Instruments on the Statement of Financial Performance
Derivatives Not Designated as Hedging Instruments under Subtopic 815-20 Location of Gain or (Loss) Recognized in Income on DerivativeAmount of Gain or (Loss) Recognized in Income on Derivative
(In thousands)Three Months Ended March 31, 2023
Interest Rate ProductsOther income / (expense)$0 
Risk Participation AgreementOther income / (expense)(6)
Total$(6)