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Derivatives (Tables)
12 Months Ended
Dec. 31, 2024
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 31, 2024December 31, 2023
Balance Sheet LocationFair ValueFair Value
Interest rate swapsOther assets$13,011 $10,470 
Interest rate lock commitmentsOther assets465 342 
Retail interest rate contractsOther assets49 — 
Total$13,525 $10,812 
(In Thousands)Liability Derivatives
December 31, 2024December 31, 2023
Balance Sheet LocationFair ValueFair Value
Interest rate swapsOther liabilities$13,011 $10,470 
Retail interest rate contractsOther liabilities— 13 
Total$13,011 $10,483 
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 LocationDecember 31, 2024December 31, 2023
Retail interest rate contractsMortgage banking income$177 $161 
Interest rate lock commitmentsMortgage banking income111 (92)
Total$288 $69 
Offsetting Assets The following table summarizes the derivatives that have a right of offset as of December 31, 2024 and 2023:
December 31, 2024Gross amounts not offset in the Statement of Financial Position
(In Thousands)Gross amounts of recognized assets and liabilitiesGross amounts offset in the Statement of Financial PositionNet amounts of assets and liabilities presented in the Statement of Financial PositionFinancial InstrumentsCollateral PostedNet Amount
Asset Derivatives
Interest rate swaps$13,011$— $13,011$— $— $13,011
Retail interest rate contracts49— 49— — 49
Liability Derivatives
Interest rate swaps$13,011$— $13,011$— $13,011$— 
Retail interest rate contracts— — — — — — 
December 31, 2023Gross amounts not offset in the Statement of Financial Position
(In Thousands)Gross amounts of recognized assets and liabilitiesGross amounts offset in the Statement of Financial PositionNet amounts of assets and liabilities presented in the Statement of Financial PositionFinancial InstrumentsCollateral PostedNet Amount
Asset Derivatives
Interest rate swaps$10,470$— $10,470$— $— $10,470
Liability Derivatives
Interest rate swaps$10,470$— $10,470$— $10,470$— 
Retail interest rate contracts13 — 13 — — 13 
Offsetting Liabilities The following table summarizes the derivatives that have a right of offset as of December 31, 2024 and 2023:
December 31, 2024Gross amounts not offset in the Statement of Financial Position
(In Thousands)Gross amounts of recognized assets and liabilitiesGross amounts offset in the Statement of Financial PositionNet amounts of assets and liabilities presented in the Statement of Financial PositionFinancial InstrumentsCollateral PostedNet Amount
Asset Derivatives
Interest rate swaps$13,011$— $13,011$— $— $13,011
Retail interest rate contracts49— 49— — 49
Liability Derivatives
Interest rate swaps$13,011$— $13,011$— $13,011$— 
Retail interest rate contracts— — — — — — 
December 31, 2023Gross amounts not offset in the Statement of Financial Position
(In Thousands)Gross amounts of recognized assets and liabilitiesGross amounts offset in the Statement of Financial PositionNet amounts of assets and liabilities presented in the Statement of Financial PositionFinancial InstrumentsCollateral PostedNet Amount
Asset Derivatives
Interest rate swaps$10,470$— $10,470$— $— $10,470
Liability Derivatives
Interest rate swaps$10,470$— $10,470$— $10,470$— 
Retail interest rate contracts13 — 13 — — 13