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Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amount and Fair Value of Mortgage Banking Derivative Financial Instruments

The notional amount and fair value of derivative financial instruments as of December 31:

			2022												2021
(In thousands)			Notional Amount						Asset (Liability) Fair Value						Notional Amount						Asset (Liability) Fair Value
Interest Rate Lock Commitments
Positive Fair Values			$	274					$	3					$	13,437					$	65
Negative Fair Values			5,252						(40)						2,670						(9)
Forward Commitments
Positive Fair Values			4,750						43						5,750						10
Negative Fair Values			—						—						6,500						(13)
Interest Rate Swaps with Customers
Positive Fair Values			16,650						164						79,814						853
Negative Fair Values			107,145						(11,533)						29,763						(955)
Interest Rate Swaps with Counterparties
Positive Fair Values			107,145						11,533						29,763						955
Negative Fair Values			16,650						(164)						79,814						(853)

Schedule of Mortgage Banking Derivative Financial Instruments Net, Gains or Losses Recognized Within Other Noninterest Income

The following table presents derivative financial instruments and the amount of the net gains or losses recognized within other noninterest income on the Consolidated Statements of Income for the years ended December 31:

(In thousands)			2022						2021
Interest Rate Lock Commitments			$	(93)					$	56
Forward Commitments			46						32
Total			$	(47)					$	88

Schedule of Gross Amounts of Commercial Loan Swap Derivatives, Amounts Offset and Carrying Values

The gross amounts of commercial loan swap derivatives, the amounts offset and the carrying values in the Consolidated Balance Sheets, and the collateral pledged to support such agreements are presented below as of December 31:

(In thousands)			2022						2021
Interest Rate Swap Contracts - Commercial Loans:
Gross amounts recognized			$	11,697					$	102
Gross amounts offset			11,697						102
Net Amounts Presented in the Consolidated Balance Sheets			—						—
Gross amounts not offset:
Cash collateral (1)			1,600						1,600
Net Amounts			$	1,600					$	1,600

(1)Included in cash and due from banks on the Consolidated Balance Sheet

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Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements.

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Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position.

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