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Derivatives (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2025 and December 31, 2024:
(In Thousands)Asset Derivatives
September 30, 2025December 31, 2024
Balance Sheet LocationFair ValueFair Value
Interest rate swapsOther assets$8,194 $13,011 
Interest rate lock commitmentsOther assets1,531 465 
Retail interest rate contractsOther assets— 49 
Total$9,725 $13,525 
(In Thousands)Liability Derivatives
September 30, 2025December 31, 2024
Balance Sheet LocationFair ValueFair Value
Interest rate swapsOther liabilities$8,194 $13,011 
Retail interest rate contractsOther liabilities44 — 
Total$8,238 $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 September 30,Nine Months Ended September 30,
(In Thousands)Income Statement Location2025202420252024
Retail interest rate contractsMortgage banking income($218)($662)($553)($443)
Interest rate lock commitmentsMortgage banking income226 275 1,013 920 
Total$8 ($387)$460 $477 
Offsetting Assets The following table summarizes the derivatives that have a right of offset as of September 30, 2025 and December 31, 2024:
September 30, 2025Gross 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$8,194$— $8,194$— $— $8,194 
Liability Derivatives
Interest rate swaps$8,194$— $8,194$— $8,194$— 
Retail interest rate contracts44 — 44 — — 44 
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$13,011$— $13,011$— $13,011$— 
Offsetting Liabilities The following table summarizes the derivatives that have a right of offset as of September 30, 2025 and December 31, 2024:
September 30, 2025Gross 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$8,194$— $8,194$— $— $8,194 
Liability Derivatives
Interest rate swaps$8,194$— $8,194$— $8,194$— 
Retail interest rate contracts44 — 44 — — 44 
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$13,011$— $13,011$— $13,011$—