Balance Sheet Offsetting (Tables)

12 Months Ended

Dec. 31, 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 financial position, as of the dates indicated:


	As of December 31, 2021
	Gross Amounts Recognized		Gross Amounts Offset in the Statement of Financial Position		Net Amounts Presented in the Statement of Financial Position		Gross Amounts Not Offset in the Statement of Financial Position				Net Amount
							Financial Instruments		Collateral Pledged (Received)
	(In thousands)
Derivative Assets
Customer-related positions:
Interest rate swaps	$	64,338	$	—	$	64,338	$	1,440	$	—	$	62,898
Risk participation agreements	315		—		315		—		—		315
Foreign currency exchange contracts – matched customer book	61		—		61		—		—		61
Foreign currency exchange contracts – foreign currency loan	—		—		—		—		—		—
	$	64,714	$	—	$	64,714	$	1,440	$	—	$	63,274
Derivative Liabilities
Customer-related positions:
Interest rate swaps	$	17,880	$	—	$	17,880	$	1,440	$	16,440	$	—
Risk participation agreements	580		—		580		—		—		580
Foreign currency exchange contracts – matched customer book	46		—		46		—		—		46
Foreign currency exchange contracts – foreign currency loan	87		—		87		—		—		87
	$	18,593	$	—	$	18,593	$	1,440	$	16,440	$	713


	As of December 31, 2020
	Gross Amounts Recognized		Gross Amounts Offset in the Statement of Financial Position		Net Amounts Presented in the Statement of Financial Position		Gross Amounts Not Offset in the Statement of Financial Position				Net Amount
							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