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Balance Sheet Offsetting
 12 Months Ended
Dec. 31, 2024
Offsetting [Abstract]  
Balance Sheet Offsetting Balance Sheet Offsetting
Certain financial instruments, including derivatives, may be eligible for offset in the Consolidated Balance Sheets and/or subject to master netting arrangements or similar agreements. The Company’s derivative transactions with upstream financial institution counterparties are generally executed under International Swaps and Derivative Association master agreements which include “right of set-off” provisions. In such cases there is generally a legally enforceable right to offset recognized amounts. However, the Company does not offset fair value amounts recognized for derivative instruments. The Company nets the amount recognized for the right to reclaim cash collateral against the obligation to return cash collateral arising from derivative instruments executed with the same counterparty under a master netting arrangement. Collateral legally required to be maintained at dealer banks by the Company is monitored and adjusted as necessary. As of December 31, 2024 and 2023, it was determined that no additional collateral would have to be posted to immediately settle these instruments.
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, 2024
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$225 $— $225 $— $— $225 
Customer-related positions:
Interest rate swaps57,526 — 57,526 3,368 (48,590)5,568 
Risk participation agreements4 — 4 — — 4 
Foreign currency exchange contracts – matched customer book1,990 — 1,990 — — 1,990 
Foreign currency exchange contracts – foreign currency loan62 — 62 — — 62 
$59,807 $— $59,807 $3,368 $(48,590)$7,849 
Derivative Liabilities
Interest rate swaps designated as cash flow hedges$5 $— $5 $— $5 $— 
Customer-related positions:
Interest rate swaps97,594 — 97,594 3,368 130 94,096 
Risk participation agreements4 — 4 — — 4 
Foreign currency exchange contracts – matched customer book1,980 — 1,980 — — 1,980 
Foreign currency exchange contracts – foreign currency loan— — — — — — 
$99,583 $— $99,583 $3,368 $135 $96,080 
As of December 31, 2023
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$10 $— $10 $— $— $10 
Customer-related positions:
Interest rate swaps19,535 — 19,535 4,871 (8,500)6,164 
Risk participation agreements151 — 151 — — 151 
Foreign currency exchange contracts – matched customer book760 — 760 — — 760 
$20,456 $— $20,456 $4,871 $(8,500)$7,085 
Derivative Liabilities
Interest rate swaps designated as cash flow hedges$893 $— $893 $— $893 $— 
Customer-related positions:
Interest rate swaps61,217 — 61,217 4,871 1,860 54,486 
Risk participation agreements106 — 106 — — 106 
Foreign currency exchange contracts – matched customer book672 — 672 — — 672 
Foreign currency exchange contracts – foreign currency loan187 — 187 — — 187 
$63,075 $— $63,075 $4,871 $2,753 $55,451