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Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following table presents the fair value of the Corporation’s derivative financial instruments as well as their classification on the Consolidated Statements of Condition as of March 31, 2025 and December 31, 2024:

			March 31, 2025																		December 31, 2024
(In thousands)			Notional Amount						Asset (Liability) Fair Value						Statements of Condition Location						Notional Amount						Asset (Liability) Fair Value
Interest rate lock commitments:
Assets			$	67,226					$	1,472					Other Assets						$	—					$	—
Liabilities			—						—						Other Liabilities						—						—
Forward commitments:
Assets			4,079						—						Other Assets						—						—
Liabilities			26,750						88						Other Liabilities						—						—
Interest rate derivatives with customers:
Assets			—						—						Other Assets						—						—
Liabilities			56,119						4,894						Other Liabilities						—						—
Interest rate derivatives with dealer counterparties:
Assets			56,119						4,894						Other Assets						—						—
Liabilities			—						—						Other Liabilities						—						—

Derivative Instruments, Gain (Loss)

The following presents a summary of the fair value gains and losses on derivative financial instruments for the three months ended March 31, 2025 and 2024:

(In thousands)			Three months ended March 31, 2025						Three months ended March 31, 2024						Consolidated Statements of (Loss) Income Classification
Interest Rate Lock Commitments			$	260					$	—					Gain from mortgage loans held for sale
Forward Commitments			(15)						—						Gain from mortgage loans held for sale

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- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E

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-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C

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-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B

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