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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of 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 March 31, 2024 and December 31, 2023.
Table 12.1 – Fair Value and Notional Amount of Derivative Financial Instruments
March 31, 2024December 31, 2023
Fair
Value
Notional
Amount
Fair
Value
Notional
Amount
(In Thousands)
Assets - Risk Management Derivatives
Interest rate swaps$— $— $1,742 $50,000 
TBAs— — 952 385,000 
Interest rate futures1,840 782,000 — — 
Assets - Other Derivatives
Loan purchase commitments1,315 284,460 11,518 216,194 
Total Assets$3,155 $1,066,460 $14,212 $651,194 
Liabilities - Risk Management Derivatives
TBAs$(5)$7,000 $(27,020)$1,405,000 
Interest rate futures(2,422)445,000 (3,394)141,500 
Liabilities - Other Derivatives
Loan purchase commitments(3,422)717,175 (3,414)430,983 
Total Liabilities$(5,849)$1,169,175 $(33,828)$1,977,483 
Total Derivative Financial Instruments, Net$(2,694)$2,235,635 $(19,616)$2,628,677