Balance Sheet Offsetting (Tables)

9 Months Ended

Sep. 30, 2021

Disclosure Detail Of Balance Sheet Offsetting Of Financial Assets And Liabilities

The following tables present the Company’s asset and liability positions that were eligible for offset and the potential effect of netting arrangements on its consolidated balance sheet, as of the dates indicated:


	As of September 30, 2021
	Gross Amounts Recognized		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts Presented in the Consolidated Balance Sheet		Gross Amounts Not Offset in the Consolidated Balance Sheet				Net Amount
Description							Financial Instruments		Collateral Pledged (Received)
	(In thousands)
Derivative Assets
Customer-related positions:
Interest rate swaps	$	80,102	$	—	$	80,102	$	859	$	—	$	79,243
Risk participation agreements	347		—		347		—		—		347
Foreign currency exchange contracts – matched customer book	44		—		44		—		—		44
Foreign currency exchange contracts – foreign currency loan	120		—		120		—		—		120
	$	80,613	$	—	$	80,613	$	859	$	—	$	79,754
Derivative Liabilities
Customer-related positions:
Interest rate swaps	$	25,274	$	—	$	25,274	$	859	$	24,415	$	—
Risk participation agreements	594		—		594		—		—		594
Foreign currency exchange contracts – matched customer book	31		—		31		—		—		31
Foreign currency exchange contracts – foreign currency loan	—		—		—		—		—		—
	$	25,899	$	—	$	25,899	$	859	$	24,415	$	625


	As of December 31, 2020
	Gross Amounts Recognized		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts Presented in the Consolidated Balance Sheet		Gross Amounts Not Offset in the Consolidated Balance Sheet				Net Amount
Description							Financial Instruments		Collateral Pledged (Received)
	(In thousands)
Derivative Assets
Customer-related positions:
Interest rate swaps	$	141,822	$	—	$	141,822	$	48	$	—	$	141,774
Risk participation agreements	722		—		722		—		—		722
Foreign currency exchange contracts – matched customer book	90		—		90		—		(1)		89
Foreign currency exchange contracts – foreign currency loan	9		—		9		—		—		9
	$	142,643	$	—	$	142,643	$	48	$	(1)	$	142,594
Derivative Liabilities
Customer-related positions:
Interest rate swaps	$	42,600	$	—	$	42,600	$	48	$	42,552	$	—
Risk participation agreements	1,230		—		1,230		—		—		1,230
Foreign currency exchange contracts – matched customer book	77		—		77		—		—		77
Foreign currency exchange contracts – foreign currency loan	69		—		69		—		—		69
	$	43,976	$	—	$	43,976	$	48	$	42,552	$	1,376