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Derivatives (Tables)
6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
(In thousands)Notional AmountFair ValueBalance Sheet Category
June 30, 2026
Interest rate contracts1
$1,271,283 $21,007 Other assets and Other liabilities
Residential mortgage fair value hedges250,000 616 Other assets
Interest rate caps cash flow hedges300,000 4,215 Other assets
IRLC19,142 267 Other assets
Forward TBA mortgage-backed securities19,004 15 Other liabilities
Forward loan sale commitment3,793 56 Other assets
December 31, 2025
Interest rate contracts1
$1,152,442 $25,009 Other assets and Other liabilities
Residential mortgage fair value hedges400,000 380 Other liabilities
Interest rate caps cash flow hedges300,000 3,064 Other assets
IRLC5,106 495 Other assets
Forward TBA mortgage-backed securities5,122 94 Other liabilities
Forward loan sale commitment285 51 Other assets
1Interest rate contracts include risk participation agreements with notional amounts of $106.8 million and $65.3 million at June 30, 2026, and December 31, 2025, respectively with nominal fair value in both periods.
The following table presents amounts recorded on the Consolidated Balance Sheet related to cumulative basis adjustments for fair value hedges.
Carrying amount of the hedged itemsCumulative amount of fair value hedging adjustment included in the carrying amount of the hedged items
(In thousands)June 30, 2026December 31, 2025June 30, 2026December 31, 2025
Loans, net1
$994,735 $1,043,345 $(620)$559 
1These amounts represent the amortized cost basis of closed portfolios used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolios anticipated to be outstanding for the designated hedge period. At June 30, 2026, the portfolio layer method was $250 million, of which $250 million was designated as hedged. At December 31, 2025, the portfolio layer method was $400 million, of which $400 million was designated as hedged.