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Derivative Instruments (Tables)
 3 Months Ended
Mar. 31, 2023
Derivative Instrument Detail [Abstract]  
Schedule Of Notional Amounts Of Derivative Instruments

(In thousands)
March 31, 2023December 31, 2022
Interest rate swaps$1,987,051 $1,981,821 
Interest rate floors1,500,000 1,000,000 
Interest rate caps152,784 152,784 
Credit risk participation agreements577,922 579,925 
Foreign exchange contracts15,335 27,991 
 Mortgage loan commitments
362 — 
Mortgage loan forward sale contracts3,290 — 
Forward TBA contracts3,500 — 
Total notional amount$4,240,244 $3,742,521 
Schedule Of Fair Values Of Derivative Instruments
The fair values of the Company's derivative instruments, whose notional amounts are listed above, are shown in the table below. Information about the valuation methods used to determine fair value is provided in Note 15 on Fair Value Measurements.

The Company's policy is to present its derivative assets and derivative liabilities on a gross basis in its consolidated balance sheets, and these are reported in other assets and other liabilities. Certain collateral posted to and from the Company's clearing counterparty has been applied to the fair values of the cleared swaps, such that at March 31, 2023 in the table below, the positive fair values of cleared swaps were reduced by $11.4 million. At December 31, 2022, positive fair values of cleared swaps were reduced by $27.8 million.

 Asset DerivativesLiability Derivatives
Mar. 31, 2023Dec. 31, 2022Mar. 31, 2023Dec. 31, 2022
(In thousands)    
  Fair Value  Fair Value
Derivatives designated as hedging instruments:
   Interest rate floors$68,495 $33,371 $— $— 
Total derivatives designated as hedging instruments$68,495 $33,371 $— $— 
Derivative instruments not designated as hedging instruments:
   Interest rate swaps$28,960 $23,894 $(40,352)$(51,742)
   Interest rate caps2,222 2,705 (2,222)(2,705)
   Credit risk participation agreements44 34 (148)(119)
   Foreign exchange contracts359 488 (310)(418)
   Mortgage loan commitments77 — — — 
   Mortgage loan forward sale contracts— — (1)— 
   Forward TBA contracts— — (35)— 
Total derivatives not designated as hedging instruments$31,662 $27,121 $(43,068)$(54,984)
Total$100,157 $60,492 $(43,068)$(54,984)
Summary of Cash Flow Hedge Activity [Table Text Block]
The Company made an election to exclude the initial premiums paid on the interest rate floors from the hedge effectiveness measurement. Those initial premiums are amortized over the periods between the premium payment month and the contract maturity month. The pre-tax effects of the gains and losses (both the included and excluded amounts for hedge effectiveness assessment) recognized in the other comprehensive income from the cash flow hedging instruments and the amounts reclassified from accumulated other comprehensive income into income (both included and excluded amounts for hedge effectiveness measurement) are shown in the table below.



Amount of Gain or (Loss) Recognized in OCI
Location of Gain (Loss) Reclassified from AOCI into IncomeAmount of Gain (Loss) Reclassified from AOCI into Income
(In thousands)TotalIncluded ComponentExcluded ComponentTotalIncluded ComponentExcluded Component
For the Three Months Ended March 31, 2023
Derivatives in cash flow hedging relationships:
Interest rate floors$9,225 $— $9,225 Interest and fees on loans$4,385 $7,444 $(3,059)
Total$9,225 $— $9,225 Total$4,385 $7,444 $(3,059)
For the Three Months Ended March 31, 2022
Derivatives in cash flow hedging relationships:
Interest rate floors$— $— $— Interest and fees on loans$6,050 $7,566 $(1,516)
Total$— $— $— Total$6,050 $7,566 $(1,516)
Summary Of The Effects Of Derivative Instruments On Consolidated Statements Of Income
The gain and loss recognized through various derivative instruments on the consolidated statements of income are shown in the table below.



Location of Gain or (Loss) Recognized in Consolidated Statements of Income Amount of Gain or (Loss) Recognized in Income on Derivatives

For the Three Months Ended March 31
(In thousands)20232022
Derivative instruments:
  Interest rate swapsOther non-interest income$623 $812 
  Interest rate capsOther non-interest income— 16 
  Credit risk participation agreementsOther non-interest income(19)(10)
  Foreign exchange contractsOther non-interest income(20)(14)
  Mortgage loan commitmentsLoan fees and sales77 (485)
  Mortgage loan forward sale contractsLoan fees and sales(1)— 
  Forward TBA contractsLoan fees and sales1 1,243 
Total$661 $1,562 
Balance Sheet Offsetting, Derivatives [Table Text Block]
Gross Amounts Not Offset in the Balance Sheet
(In thousands)Gross Amount RecognizedGross Amounts Offset in the Balance SheetNet Amounts Presented in the Balance SheetFinancial Instruments Available for OffsetCollateral
Received/
Pledged		Net Amount
March 31, 2023
Assets:
Derivatives subject to master netting agreements
$100,005 $— $100,005 $(2,255)$(93,822)$3,928 
Derivatives not subject to master netting agreements
152 — 152 
Total derivatives$100,157 $— $100,157 
Liabilities:
Derivatives subject to master netting agreements
$42,694 $— $42,694 $(2,255)$— $40,439 
Derivatives not subject to master netting agreements
374 — 374 
Total derivatives$43,068 $— $43,068 
December 31, 2022
Assets:
Derivatives subject to master netting agreements
$60,270 $— $60,270 $(1,007)$(56,816)$2,447 
Derivatives not subject to master netting agreements
222 — 222 
Total derivatives$60,492 $— $60,492 
Liabilities:
Derivatives subject to master netting agreements
$54,609 $— $54,609 $(1,007)$— $53,602 
Derivatives not subject to master netting agreements
375 — 375 
Total derivatives$54,984 $— $54,984