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Derivative Financial Instruments | 12 Months Ended
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Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Derivative Financial Instruments | Derivative Financial Instruments The following table presents the notional amounts and estimated fair values of derivatives at the dates indicated:
| December 31, 2022 |  | December 31, 2021
| Notional Amounts |  | Estimated Fair Value |  | Notional Amounts |  | Estimated Fair Value
| (In thousands)
Non-hedging interest rate derivatives: |  |  |  |  |  |  |
Interest rate swap asset (1) | 288,785 |  |  | $ | 30,107 |  |  | $ | 322,726 |  |  | $ | 15,219 |
Interest rate swap liability (1) | 288,785 |  |  | (30,107) |  |  | 322,726 |  |  | (15,286) |
(1) The estimated fair value of derivatives with customers was $(30.1) million and $9.8 million as of December 31, 2022 and December 31, 2021, respectively. The estimated fair value of derivatives with third-parties was $30.1 million and $(9.8) million as of December 31, 2022 and December 31, 2021, respectively. Generally, the gains and losses of the interest rate derivatives offset due to the back-to-back nature of the contracts. However, the settlement values of the Bank's net derivative assets with customers were increased by $66,000 and $355,000, and reduced by $422,000 as of December 31, 2022, December 31, 2021, and December 31, 2020, respectively, due to the change in the credit valuation adjustment.

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- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -URI https://asc.fasb.org/topic&trid=2229140 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 5 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126731327&loc=d3e90205-114008 + Details
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