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Derivative Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2023
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, 2023 and December 31, 2022:

Derivative AssetsDerivative Liabilities
(In thousands)December 31, 2023December 31, 2022December 31, 2023December 31, 2022
Derivatives designated as hedging instruments under ASC 815:
Interest rate derivatives designated as Cash Flow Hedges$40,116 $— $44,456 $58,198 
Interest rate derivatives designated as Fair Value Hedges12,349 16,768 273 — 
Total derivatives designated as hedging instruments under ASC 815$52,465 $16,768 $44,729 $58,198 
Derivatives not designated as hedging instruments under ASC 815:
Interest rate derivatives$211,490 $269,670 $210,397 $271,109 
Interest rate lock commitments4,511 1,711 — 58 
Forward commitments to sell mortgage loans— 220 5,212 414 
Commodity forward contracts888 257 609 162 
Foreign exchange contracts6,372 8,222 6,308 8,137 
Total derivatives not designated as hedging instruments under ASC 815$223,261 $280,080 $222,526 $279,880 
Total Derivatives$275,726 $296,848 $267,255 $338,078 
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, 2023:

December 31, 2023
(In thousands)Notional
Amount		Fair Value
Asset (Liability)
Interest Rate Collars at 1-month CME term SOFR:
Buy 2.250% floor, sell 3.743% cap; matures September 2025
$1,250,000 $(13,498)
Buy 2.750% floor, sell 4.320% cap; matures October 2026
500,000 (395)
Buy 2.000% floor, sell 3.450% cap; matures September 2027
1,250,000 (23,415)
Interest Rate Swaps at 1-month CME term SOFR:
Fixed 3.748%; matures December 2025
250,000 (945)
Fixed 3.759%; matures December 2025
250,000 (894)
Fixed 3.680%; matures February 2026
250,000 (1,493)
Fixed 4.176%; matures March 2026
250,000 1,211 
Fixed 3.915%; matures March 2026
250,000 (150)
Fixed 4.450%; matures July 2026
250,000 3,750 
Fixed 3.512%, matures December 2026
250,000 (951)
Fixed 3.515%; matures December 2026
250,000 (930)
Fixed 3.453%; matures February 2027
250,000 (1,678)
Fixed 4.150%; matures July 2027
250,000 4,436 
Fixed 3.748%; matures March 2028
250,000 2,054 
Fixed 3.526%; matures March 2028
250,000 (108)
Fixed 3.993%; matures October 2029
100,000 3,496 
Fixed 3.993%; matures October 2029
250,000 8,740 
Fixed 4.245%; matures November 2029
175,000 8,215 
Fixed 4.245%; matures November 2029
175,000 8,215 
     Total Cash Flow Hedges$6,700,000 $(4,340)
Schedule 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)20232022
Unrealized gain at beginning of period$10,026 $36,908 
Amount reclassified from accumulated other comprehensive income or loss to interest income or expense on deposits, loans and other borrowings55,846 (3,319)
Amount of loss recognized in other comprehensive income or loss(22,334)(23,563)
Unrealized gain at end of period$43,538 $10,026 
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, 2023:
December 31, 2023
(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$207,137 $(12,143)$(81)
Available-for-sale debt securities758 (14)— 

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)Location of Gain or (Loss) Recognized in Income on DerivativeYear Ended
December 31,
Derivatives in Fair Value
Hedging Relationships		2023
Interest rate swapsInterest and fees on loans$12 
Interest income - investment securities— 
Schedule of 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 statement20232022
Interest rate swaps and capsTrading gains (losses), net$765 $3,603 
Mortgage banking derivativesMortgage banking revenue12,285 (23,470)
Commodity contractsTrading gains (losses), net279 95 
Foreign exchange contractsTrading gains (losses), net— 85 
Covered call optionsFees from covered call options21,863 14,133 
Derivative contract held as economic hedge on MSRsMortgage banking revenue1,280 (2,165)
Schedule of 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, 2023December 31, 2022December 31, 2023December 31, 2022
Gross Amounts Recognized$263,955 $286,438 $255,126 $329,307 
Less: Amounts offset in the Statements of Condition— — — — 
Net amount presented in the Statements of Condition$263,955 $286,438 $255,126 $329,307 
Gross amounts not offset in the Statements of Condition
Offsetting Derivative Positions$(76,514)$(64,100)$(76,514)$(64,100)
Collateral Posted (144,899)(194,666)— — 
Net Credit Exposure$42,542 $27,672 $178,612 $265,207 
Schedule of 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, 2023December 31, 2022December 31, 2023December 31, 2022
Gross Amounts Recognized$263,955 $286,438 $255,126 $329,307 
Less: Amounts offset in the Statements of Condition— — — — 
Net amount presented in the Statements of Condition$263,955 $286,438 $255,126 $329,307 
Gross amounts not offset in the Statements of Condition
Offsetting Derivative Positions$(76,514)$(64,100)$(76,514)$(64,100)
Collateral Posted (144,899)(194,666)— — 
Net Credit Exposure$42,542 $27,672 $178,612 $265,207