Derivatives (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The following table presents the fair value of derivatives not designated as hedging instruments as of the dates noted:

(In Thousands)	Asset Derivatives
		December 21, 2022	December 31, 2021
	Balance Sheet Location	Fair Value	Fair Value
Interest rate swaps	Other assets	$12,725	$6,030
Interest rate lock commitments	Other assets	440	1,387
Retail interest rate contracts	Other assets	—	166
Total		$13,165	$7,583

(In Thousands)	Liability Derivatives
		December 31, 2022	December 31, 2021
	Balance Sheet Location	Fair Value	Fair Value
Interest rate swaps	Other liabilities	$12,725	$6,030
Retail interest rate contracts	Other liabilities	3	—
Total		$12,728	$6,030

Derivative Instruments, Gain (Loss)

The following table presents the net gains (losses) of derivatives not designated as hedging instruments as of the dates noted:

(In Thousands)	Income Statement Location	December 31, 2022		December 31, 2021
Retail interest rate contracts	Mortgage banking income		$4,335		$1,930
Interest rate lock commitments	Mortgage banking income		(866)		(2,529)
Total			$3,469		($599)

Offsetting Assets

The following table summarizes the derivatives that have a right of offset as of December 31, 2022 and 2021:

December 31, 2022				Gross amounts not offset in the Statement of Financial Position
(In Thousands)	Gross amounts of recognized assets and liabilities	Gross amounts offset in the Statement of Financial Position	Net amounts of assets and liabilities presented in the Statement of Financial Position	Financial Instruments	Collateral Posted	Net Amount
Asset Derivatives
Interest rate swaps	$12,725	$—	$12,725	$—	$—	$12,725
Liability Derivatives
Interest rate swaps	$12,725	$—	$12,725	$—	$12,725	$—
Retail interest rate contracts	3	—	3	—	—	3
December 31, 2021				Gross amounts not offset in the Statement of Financial Position
(In Thousands)	Gross amounts of recognized assets and liabilities	Gross amounts offset in the Statement of Financial Position	Net amounts of assets and liabilities presented in the Statement of Financial Position	Financial Instruments	Collateral Posted	Net Amount
Asset Derivatives
Interest rate swaps	$6,030	$—	$6,030	$—	$—	$6,030
Retail interest rate contracts	166	—	166	—	—	166
Liability Derivatives
Interest rate swaps	$6,030	$—	$6,030	$—	$6,030	$—

Offsetting Liabilities

The following table summarizes the derivatives that have a right of offset as of December 31, 2022 and 2021:

December 31, 2022				Gross amounts not offset in the Statement of Financial Position
(In Thousands)	Gross amounts of recognized assets and liabilities	Gross amounts offset in the Statement of Financial Position	Net amounts of assets and liabilities presented in the Statement of Financial Position	Financial Instruments	Collateral Posted	Net Amount
Asset Derivatives
Interest rate swaps	$12,725	$—	$12,725	$—	$—	$12,725
Liability Derivatives
Interest rate swaps	$12,725	$—	$12,725	$—	$12,725	$—
Retail interest rate contracts	3	—	3	—	—	3
December 31, 2021				Gross amounts not offset in the Statement of Financial Position
(In Thousands)	Gross amounts of recognized assets and liabilities	Gross amounts offset in the Statement of Financial Position	Net amounts of assets and liabilities presented in the Statement of Financial Position	Financial Instruments	Collateral Posted	Net Amount
Asset Derivatives
Interest rate swaps	$6,030	$—	$6,030	$—	$—	$6,030
Retail interest rate contracts	166	—	166	—	—	166
Liability Derivatives
Interest rate swaps	$6,030	$—	$6,030	$—	$6,030	$—