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Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value and Notional Amount of Derivative Financial Instruments
The following table presents the fair value and notional amount of our derivative financial instruments at June 30, 2022 and December 31, 2021.
Table 11.1 – Fair Value and Notional Amount of Derivative Financial Instruments
June 30, 2022December 31, 2021
Fair
Value		Notional
Amount		Fair
Value		Notional
Amount
(In Thousands)
Assets - Risk Management Derivatives
Interest rate swaps$19,113 $644,000 $611 $161,500 
TBAs3,104 455,000 2,880 2,440,000 
Interest rate futures1,875 273,600 25 9,000 
Swaptions10,488 620,000 18,318 1,660,000 
Assets - Other Derivatives
Loan purchase and interest rate lock commitments2,007 235,723 4,633 971,631 
Total Assets$36,587 $2,228,323 $26,467 $5,242,131 
Liabilities - Risk Management Derivatives
Interest rate swaps$(2,445)$226,000 $(1,251)$283,100 
TBAs(2,004)405,000 (658)870,000 
Interest rate futures(1,615)115,000 (905)62,500 
Liabilities - Other Derivatives
Loan purchase and interest rate lock commitments(527)50,947 (503)404,190 
Total Liabilities$(6,591)$796,947 $(3,317)$1,619,790 
Total Derivative Financial Instruments, Net$29,996 $3,025,270 $23,150 $6,861,921 
Impact on Interest Expense of Interest Rate Agreements Accounted for as Cash Flow Hedges
The following table illustrates the impact on interest expense of our interest rate agreements accounted for as cash flow hedges for the three and six months ended June 30, 2022 and 2021.
Table 11.2 – Impact on Interest Expense of Interest Rate Agreements Accounted for as Cash Flow Hedges
Three Months Ended June 30,Six Months Ended June 30,
(In Thousands)2022202120222021
Net interest expense on cash flows hedges$— $— $— $— 
Realized net losses reclassified from other comprehensive income(1,029)(1,028)(2,047)(2,046)
Total Interest Expense$(1,029)$(1,028)$(2,047)$(2,046)