XML 48 R35.htm IDEA: XBRL DOCUMENT
v3.25.3

Derivative Financial Instruments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 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 September 30, 2025 and December 31, 2024:
| September 30, 2025 |  | Consolidated Statements of Condition Location |  | December 31, 2024
(In thousands) | Notional Amount |  | Asset (Liability) Fair Value |  |  | Notional Amount |  | Asset (Liability) Fair Value
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |
Interest rate lock commitments: |  |  |  |  |  |  |  |  |
Assets | $ | 63,386 |  |  | $ | 1,616 |  |  | Other Assets |  | $ | — |  |  | $ | — |
Liabilities | — |  |  | — |  |  | Other Liabilities |  | — |  |  | — |
Forward commitments: |  |  |  |  |  |  |  |  |
Assets | 11,481 |  |  | 19 |  |  | Other Assets |  | — |  |  | — |
Liabilities | 11,710 |  |  | (55) |  |  | Other Liabilities |  | — |  |  | — |
Interest rate derivatives with customers: |  |  |  |  |  |  |  |  |
Assets | 5,472 |  |  | 23 |  |  | Other Assets |  | — |  |  | — |
Liabilities | 44,912 |  |  | (3,548) |  |  | Other Liabilities |  | — |  |  | — |
Interest rate derivatives with dealer counterparties: |  |  |  |  |  |  |  |  |
Assets | 44,912 |  |  | 3,548 |  |  | Other Assets |  | — |  |  | — |
Liabilities | 5,472 |  |  | (23) |  |  | Other Liabilities |  | — |  |  | — |
Derivatives designated as hedging instruments: |  |  |  |  |  |  |  |  |
Interest rate derivatives used in cash flow hedges: |  |  |  |  |  |  |  |  |
Assets | — |  |  | — |  |  | Other Assets |  | — |  |  | — |
Liabilities | 25,000 |  |  | (125) |  |  | 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 and nine months ended September 30, 2025 and 2024:
| Three Months Ended September 30, |  | Nine Months Ended September 30, |  | Consolidated Statements of Income Classification
(In thousands) | 2025 |  | 2024 |  | 2025 |  | 2024 |
Interest Rate Lock Commitments | $ | (139) |  |  | $ | — |  |  | $ | 404 |  |  | $ | — |  |  | Gain from mortgage loans held for sale
Forward Commitments | 126 |  |  | — |  |  | 37 |  |  | — |  |  | Gain from mortgage loans held for sale
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) | The following table presents the effect of fair value and cash flow hedge accounting on AOCI for the periods presented:
(In thousands) | Amount of Gain (Loss) Recognized in OCI on Derivative |  | Amount of Gain (Loss) Recognized in OCI Included Component |  | Amount of Gain (Loss) Recognized in OCI Excluded Component |  | Location of Gain (Loss) Recognized from AOCI into Income |  | Amount of Gain (Loss) Reclassified from OCI into Income |  | Amount of Gain (Loss) Reclassified from AOCI into Income Included Component |  | Amount of Gain (Loss) Reclassified from AOCI into Income Excluded Component
Three Months Ended September 30, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate derivatives | $ | (125) |  |  | $ | (125) |  |  | $ | — |  |  | Interest Expense |  | $ | (38) |  |  | $ | (38) |  |  | $ | — |
Three Months Ended September 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate derivatives | — |  |  | — |  |  | — |  |  | Interest Expense |  | — |  |  | — |  |  | — |
Nine Months Ended September 30, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate derivatives | (125) |  |  | (125) |  |  | — |  |  | Interest Expense |  | (38) |  |  | (38) |  |  | — |
Nine Months Ended September 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate derivatives | — |  |  | — |  |  | — |  |  | Interest Expense |  | — |  |  | — |  |  | — |
The following table presents the effect of fair value and cash flow hedge accounting on the Consolidated Statements of Income for the periods presented:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Total amounts of expense line items presented in the consolidated statements of income in which the effects of fair value or cash flow hedges are recorded | $ | (38) |  |  | $ | — |  |  | $ | (38) |  |  | $ | — |
The effects of fair value or cash flow hedging: |  |  |  |  |  |  |
Amount of loss reclassified from AOCI into income | (38) |  |  | — |  |  | (38) |  |  | — |
Amount of loss reclassified from AOCI into income - included component | (38) |  |  | — |  |  | (38) |  |  | — |
Amount of loss reclassified from AOCI into income - excluded component | — |  |  | — |  |  | — |  |  | — |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effective portion of the gains and losses on derivative instruments designated (and non-derivative instruments) designated and qualifying in cash flow hedges and net investment hedges that was recognized in other comprehensive income (loss) during the current period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -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 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsEffectOnOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 4CC -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4CC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 5: 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 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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://www.xbrl.org/2003/role/exampleRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 182 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480401/815-10-55-182 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 3: 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 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration