Balance Sheet Offsetting (Tables)

12 Months Ended

Dec. 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 financial position, as of the dates indicated:


	As of December 31, 2022
	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
Interest rate swaps designated as cash flow hedges	$	16	$	—	$	16	$	—	$	—	$	16
Customer-related positions:
Interest rate swaps	23,567		—		23,567		381		(14,430)		8,756
Risk participation agreements	78		—		78		—		—		78
Foreign currency exchange contracts – matched customer book	198		—		198		—		—		198
Foreign currency exchange contracts – foreign currency loan	2		—		2		—		—		2
	$	23,861	$	—	$	23,861	$	381	$	(14,430)	$	9,050
Derivative Liabilities
Interest rate swaps designated as cash flow hedges	$	2,417	$	—	$	2,417	$	—	$	2,417	$	—
Customer-related positions:
Interest rate swaps	78,577		—		78,577		381		—		78,196
Risk participation agreements	130		—		130		—		—		130
Foreign currency exchange contracts – matched customer book	205		—		205		—		—		205
Foreign currency exchange contracts – foreign currency loan	93		—		93		—		—		93
	$	81,422	$	—	$	81,422	$	381	$	2,417	$	78,624


	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