Balance Sheet Offsetting (Tables)

3 Months Ended

Mar. 31, 2022

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 March 31, 2022
	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	$	23,725	$	—	$	23,725	$	3,470	$	—	$	20,255
Risk participation agreements	196		—		196		—		—		196
Foreign currency exchange contracts – matched customer book	91		—		91		—		—		91
Foreign currency exchange contracts – foreign currency loan	7		—		7		—		—		7
	$	24,019	$	—	$	24,019	$	3,470	$	—	$	20,549
Derivative Liabilities
Customer-related positions:
Interest rate swaps	$	24,988	$	—	$	24,988	$	3,470	$	21,518	$	—
Risk participation agreements	401		—		401		—		—		401
Foreign currency exchange contracts – matched customer book	78		—		78		—		—		78
Foreign currency exchange contracts – foreign currency loan	16		—		16		—		—		16
	$	25,483	$	—	$	25,483	$	3,470	$	21,518	$	495


	As of December 31, 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	$	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