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Derivatives and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value The Company began entering into derivative transactions in the second quarter of 2022.
Derivative Liabilities
December 31, 2022
NotionalBalance SheetFair
(In thousands)AmountLocationValue
Derivatives not designated as hedging instruments
Risk Participation Agreement7,499  Other Liabilities $21 
Total derivatives not designated as hedging instruments $21 
Schedule of Derivative Instruments in Statement of Income
The table below presents the effect of the Company's derivative financial instruments that are not designated as hedging instruments on the consolidated statements of income for the year-ended December 31, 2022.

Effect of Derivatives Not Designated as Hedging Instruments on the Statement of Financial Performance
Derivatives Not Designated as Hedging Instruments under Subtopic 815-20 Location of Gain or (Loss) Recognized in Income on DerivativeAmount of Gain or (Loss) Recognized in Income on DerivativeAmount of Gain or (Loss) Recognized in Income on Derivative
(In thousands)Three Months Ended December 31, 2022Year Ended December 31, 2022
Risk Participation AgreementOther income / (expense)$13 $57 
Total$13 $57