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Derivative Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2022
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 December 31, 2022 and December 31, 2021:

Derivative AssetsDerivative Liabilities
(In thousands)December 31, 2022December 31, 2021December 31, 2022December 31, 2021
Derivatives designated as hedging instruments under ASC 815:
Interest rate derivatives designated as Cash Flow Hedges$— $47,309 $58,198 $10,401 
Interest rate derivatives designated as Fair Value Hedges16,768 1,474 — 5,841 
Total derivatives designated as hedging instruments under ASC 815$16,768 $48,783 $58,198 $16,242 
Derivatives not designated as hedging instruments under ASC 815:
Interest rate derivatives$269,670 $103,710 $271,109 $103,665 
Interest rate lock commitments1,711 10,560 58 885 
Forward commitments to sell mortgage loans220 1,625 414 1,878 
Commodity forward contracts257 — 162 — 
Foreign exchange contracts8,222 330 8,137 330 
Total derivatives not designated as hedging instruments under ASC 815$280,080 $116,225 $279,880 $106,758 
Total Derivatives$296,848 $165,008 $338,078 $123,000 
Schedule of Cash Flow Hedging Instruments
The table below provides details on these cash flow hedges, summarized by derivative type and maturity, as of December 31, 2022:

(In thousands)December 31, 2022
Notional
Amount		Fair Value
Asset (Liability)
Interest Rate Collars:
1-month CME term SOFR; buy 2.250% floor, sell 3.743% cap; matures September 2025
$1,250,000 $(20,446)
1-month CME term SOFR; buy 2.750% floor, sell 4.320% cap; matures October 2026
500,000 (1,473)
1-month CME term SOFR; buy 2.000% floor, sell 3.450% cap; matures September 2027
1,250,000 (36,279)
     Total Cash Flow Hedges$3,000,000 $(58,198)
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, including such derivative contracts terminated during the period, follows:

 Years Ended December 31,
(In thousands)20222021
Unrealized gain (loss) at beginning of period$36,908 $(31,533)
Amount reclassified from accumulated other comprehensive income or loss to interest expense on deposits, loans, other borrowings and junior subordinated debentures(3,319)26,883 
Amount of (loss) gain recognized in other comprehensive income or loss(23,563)41,558 
Unrealized gain at end of period$10,026 $36,908 
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 December 31, 2022:
December 31, 2022
(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$189,587 $(16,719)$(107)
Available-for-sale debt securities923 (23)— 

The following table presents the gain or loss 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 Gain or (Loss) Recognized in Income on DerivativeYear Ended
December 31,
2022
Interest rate swapsInterest and fees on loans$10 
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) Years Ended
December 31,
DerivativeLocation in income statement20222021
Interest rate swaps and capsTrading gains (losses), net$3,603 $139 
Mortgage banking derivativesMortgage banking revenue(23,470)(42,652)
Commodity contractsTrading gains (losses), net95 — 
Foreign exchange contractsTrading gains (losses), net85 (10)
Covered call optionsFees from covered call options14,133 3,673 
Derivative contract held as economic hedge on MSRsMortgage banking revenue(2,165)— 
Offsetting Assets The table below summarizes the Company’s interest rate derivatives and offsetting positions as of the dates shown.
Derivative AssetsDerivative Liabilities
Fair ValueFair Value
(In thousands)December 31, 2022December 31, 2021December 31, 2022December 31, 2021
Gross Amounts Recognized$286,438 $152,493 $329,307 $119,907 
Less: Amounts offset in the Statements of Condition— — — — 
Net amount presented in the Statements of Condition$286,438 $152,493 $329,307 $119,907 
Gross amounts not offset in the Statements of Condition
Offsetting Derivative Positions$(64,100)$(52,832)$(64,100)$(52,832)
Collateral Posted (194,666)(3,530)— (55,201)
Net Credit Exposure$27,672 $96,131 $265,207 $11,874 
Offsetting Liabilities The table below summarizes the Company’s interest rate derivatives and offsetting positions as of the dates shown.
Derivative AssetsDerivative Liabilities
Fair ValueFair Value
(In thousands)December 31, 2022December 31, 2021December 31, 2022December 31, 2021
Gross Amounts Recognized$286,438 $152,493 $329,307 $119,907 
Less: Amounts offset in the Statements of Condition— — — — 
Net amount presented in the Statements of Condition$286,438 $152,493 $329,307 $119,907 
Gross amounts not offset in the Statements of Condition
Offsetting Derivative Positions$(64,100)$(52,832)$(64,100)$(52,832)
Collateral Posted (194,666)(3,530)— (55,201)
Net Credit Exposure$27,672 $96,131 $265,207 $11,874