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Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule Of Fair Value Of Derivative Financial Instruments
The table below presents the fair value of the Company’s derivative financial instruments as of September 30, 2021, December 31, 2020 and September 30, 2020:
Derivative AssetsDerivative Liabilities
(In thousands)September 30,
2021		December 31,
2020		September 30,
2020		September 30,
2021		December 31,
2020		September 30,
2020
Derivatives designated as hedging instruments under ASC 815:
Interest rate derivatives designated as Cash Flow Hedges$37,529 $8,182 $— $18,054 $39,715 $49,110 
Interest rate derivatives designated as Fair Value Hedges839 — — 8,427 14,520 16,213 
Total derivatives designated as hedging instruments under ASC 815$38,368 $8,182 $— $26,481 $54,235 $65,323 
Derivatives not designated as hedging instruments under ASC 815:
Interest rate derivatives$130,947 $221,205 $253,238 $131,097 $221,608 $253,530 
Interest rate lock commitments16,795 48,925 68,201 753 — — 
Forward commitments to sell mortgage loans5,260 — — 2,740 12,510 8,088 
Foreign exchange contracts242 111 49 243 112 49 
Total derivatives not designated as hedging instruments under ASC 815$153,244 $270,241 $321,488 $134,833 $234,230 $261,667 
Total Derivatives$191,612 $278,423 $321,488 $161,314 $288,465 $326,990 
Schedule Of Cash Flow Hedging Instruments
The table below provides details on these cash flow hedges, summarized by derivative type and maturity, as of September 30, 2021:
September 30, 2021
(In thousands)NotionalFair Value
Maturity DateAmountAsset (Liability)
Interest Rate Swaps:
October 2021$25,000 $(9)
November 202120,000 (65)
December 2021165,000 (812)
March 2022500,000 (110)
May 2022370,000 (4,335)
June 2022160,000 (2,156)
July 2022230,000 (3,218)
August 2022235,000 (3,795)
March 2023250,000 (133)
April 2024250,000 784 
July 2027 (1)
1,000,000 36,745 
Interest Rate Collars:
September 202385,714 (3,421)
Total Cash Flow Hedges$3,290,714 $19,475 
(1)Interest rate swaps effective starting in July 2022.
Rollforward Of Amounts In Accumulated Other Comprehensive Income Related To Interest Rate Swaps Designated As Cash Flow Hedges
A rollforward of the amounts in accumulated other comprehensive income or loss related to interest rate derivatives designated as cash flow hedges follows:
Three Months EndedNine Months Ended
(In thousands)September 30,
2021		September 30,
2020		September 30,
2021		September 30,
2020
Unrealized gain (loss) at beginning of period$10,471 $(59,503)$(31,533)$(17,943)
Amount reclassified from accumulated other comprehensive income to interest expense on deposits, other borrowings and junior subordinated debentures6,780 5,667 20,342 12,208 
Amount of income (loss) recognized in other comprehensive income2,224 4,726 30,666 (43,375)
Unrealized gain (loss) at end of period$19,475 $(49,110)$19,475 $(49,110)
Schedule of Carrying Amount of Hedged Assets/(Liabilities) The following table presents the carrying amount of the hedged assets/(liabilities) and the cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged assets/(liabilities) that are designated as a fair value hedge accounting relationship as of September 30, 2021:
September 30, 2021
(In thousands)

Derivatives in Fair Value
Hedging Relationships
Location in the Statement of ConditionCarrying Amount of the Hedged Assets/(Liabilities)Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets/(Liabilities) Cumulative Amount of Fair Value Hedging Adjustment Remaining for any Hedged Assets (Liabilities) for which Hedge Accounting has been Discontinued
Interest rate swapsLoans, net of unearned income$162,775 $7,815 $(138)
Available-for-sale debt securities1,229 84 — 

The following table presents the loss or gain recognized related to derivative instruments that are designated as fair value hedges for the respective period:
(In thousands)
Derivatives in Fair Value Hedging Relationships
Location of (Loss)/Gain Recognized
in Income on Derivative		Three Months EndedNine Months Ended
September 30, 2021September 30, 2021
Interest rate swapsInterest and fees on loans$31 $61 
Interest income - investment securities— — 
Summary Amounts Included In Consolidated Statement Of Income Related To Derivatives
Amounts included in the Consolidated Statements of Income related to derivative instruments not designated in hedge relationships were as follows:
(In thousands)Three Months EndedNine Months Ended
DerivativeLocation in income statementSeptember 30,
2021		September 30,
2020		September 30,
2021		September 30,
2020
Interest rate swaps and capsTrading gains (losses), net$55 $135 $(56)$(996)
Mortgage banking derivativesMortgage banking revenue(4,201)11,202 (32,160)71,761 
Foreign exchange contractsTrading (losses) gains, net(1)5 (9)(8)
Covered call optionsFees from covered call options1,157 — 2,545 2,292 
Derivative contract held as economic hedge on MSRsMortgage banking revenue— — — 4,749 
Offsetting Assets The tables below summarize the Company's interest rate derivatives and offsetting positions as of the dates shown.
Derivative AssetsDerivative Liabilities
Fair ValueFair Value
(In thousands)September 30,
2021		December 31,
2020		September 30,
2020		September 30,
2021		December 31,
2020		September 30,
2020
Gross Amounts Recognized$169,315 $229,387 $253,238 $157,578 $275,843 $318,853 
Less: Amounts offset in the Statements of Financial Condition— — — — — — 
Net amount presented in the Statements of Financial Condition$169,315 $229,387 $253,238 $157,578 $275,843 $318,853 
Gross amounts not offset in the Statements of Financial Condition
Offsetting Derivative Positions(42,645)(8,647)(353)(42,645)(8,647)(353)
Collateral Posted— — — (110,440)(266,832)(318,071)
Net Credit Exposure$126,670 $220,740 $252,885 $4,493 $364 $429 
Offsetting Liabilities The tables below summarize the Company's interest rate derivatives and offsetting positions as of the dates shown.
Derivative AssetsDerivative Liabilities
Fair ValueFair Value
(In thousands)September 30,
2021		December 31,
2020		September 30,
2020		September 30,
2021		December 31,
2020		September 30,
2020
Gross Amounts Recognized$169,315 $229,387 $253,238 $157,578 $275,843 $318,853 
Less: Amounts offset in the Statements of Financial Condition— — — — — — 
Net amount presented in the Statements of Financial Condition$169,315 $229,387 $253,238 $157,578 $275,843 $318,853 
Gross amounts not offset in the Statements of Financial Condition
Offsetting Derivative Positions(42,645)(8,647)(353)(42,645)(8,647)(353)
Collateral Posted— — — (110,440)(266,832)(318,071)
Net Credit Exposure$126,670 $220,740 $252,885 $4,493 $364 $429