Derivatives and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

The table below presents the notional amount and fair value of derivatives designated and not designated as hedging instruments, as well as their location on the Consolidated Statements of Financial Condition (in thousands):

	Notional		Fair Value
			Other assets		Other liabilities
As of December 31, 2022
Derivatives Not Designated as Hedging Instruments
Interest rate swaps and cap contracts	$	1,368,245	$	113,420	$	113,440
Derivatives Designated as Cash Flow Hedge
Interest rate swap contract	100,000		—		33
Total Derivatives	$	1,468,245	$	113,420	$	113,473
As of December 31, 2021
Derivatives Not Designated as Hedging Instruments
Interest rate swaps and cap contracts	$	938,727	$	22,787	$	22,855