Derivatives (Tables)

3 Months Ended

Mar. 31, 2025

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 at March 31, 2025 and December 31, 2024:

(In Thousands)	Asset Derivatives
		March 31, 2025	December 31, 2024
	Balance Sheet Location	Fair Value	Fair Value
Interest rate swaps	Other assets	$10,235	$13,011
Interest rate lock commitments	Other assets	1,389	465
Retail interest rate contracts	Other assets	—	49
Total		$11,624	$13,525

(In Thousands)	Liability Derivatives
		March 31, 2025	December 31, 2024
	Balance Sheet Location	Fair Value	Fair Value
Interest rate swaps	Other liabilities	$10,235	$13,011
Retail interest rate contracts	Other liabilities	172	—
Total		$10,407	$13,011

Derivative Instruments, Gain (Loss)

The following table presents the net gains (losses) of derivatives not designated as hedging instruments for periods indicated below:

		Three Months Ended March 31,
(In Thousands)	Income Statement Location	2025	2024
Retail interest rate contracts	Mortgage banking income	($309)	$121
Interest rate lock commitments	Mortgage banking income	880	385
Total		$571	$506

Offsetting Assets

The following table summarizes the derivatives that have a right of offset as of March 31, 2025 and December 31, 2024:

March 31, 2025				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	$10,235	$—	$10,235	$—	$—	$10,235
Liability Derivatives
Interest rate swaps	$10,235	$—	$10,235	$—	$10,235	$—
Retail interest rate contracts	172	—	172	—	—	172
December 31, 2024				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	$13,011	$—	$13,011	$—	$—	$13,011
Retail interest rate contracts	49	—	49	—	—	49
Liability Derivatives
Interest rate swaps	$13,011	$—	$13,011	$—	$13,011	$—

Offsetting Liabilities

The following table summarizes the derivatives that have a right of offset as of March 31, 2025 and December 31, 2024:

March 31, 2025				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	$10,235	$—	$10,235	$—	$—	$10,235
Liability Derivatives
Interest rate swaps	$10,235	$—	$10,235	$—	$10,235	$—
Retail interest rate contracts	172	—	172	—	—	172
December 31, 2024				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	$13,011	$—	$13,011	$—	$—	$13,011
Retail interest rate contracts	49	—	49	—	—	49
Liability Derivatives
Interest rate swaps	$13,011	$—	$13,011	$—	$13,011	$—