DERIVATIVES (Tables)

6 Months Ended

Jun. 30, 2025

DERIVATIVES

Schedule of notional amount and fair value

The following tables reflect the derivatives recorded on the balance sheet (in thousands):

			Fair Value
		Notional		Other		Other
		Amount		Assets		Liabilities
At June 30, 2025
Derivatives designated as hedges:
Interest rate swaps related to client deposits and borrowings	$	1,550,000	$	137	$	3,258
Derivatives not designated as hedges:
Interest rate swaps	$	69,000	$	957	$	957
At December 31, 2024
Derivatives designated as hedges:
Interest rate swaps related to client deposits and borrowings	$	550,000	$	585	$	1,205
Derivatives not designated as hedges:
Interest rate swaps	$	69,000	$	334	$	334