DERIVATIVES (Tables)

6 Months Ended

Jun. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The table below presents the fair value of the Company’s derivative financial instruments as of June 30, 2024 and December 31, 2023:

	June 30, 2024						December 31, 2023
(In thousands)	Notional		Asset		Liability		Notional		Asset		Liability
Derivatives
Loan Swaps:
Interest Rate Swaps	$	504,915	$	17,527	$	17,527	$	495,750	$	15,867	$	15,867
Mortgage Banking Derivatives:
Interest Rate Lock Commitments	37,473		498		—		16,608		358		—
Forward TBA Contracts	32,500		59		—		11,750		—		102
Total Derivatives	$	574,888	$	18,084	$	17,527	$	524,108	$	16,225	$	15,969

Derivative Instruments, Gain (Loss)

The table below presents the changes in the fair value of the Company’s derivative financial instruments reflected within non-interest income on the Condensed Consolidated Statements of Income for the three and six months ended June 30, 2024 and 2023, respectively.

		Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	Location of Gain/(Loss)	2024		2023		2024		2023
Interest rate lock commitments	Mortgage banking activities	$	(1,638)	$	(1,274)	$	139	$	178
Forward TBA contracts	Mortgage banking activities	1,633		1,236		161		(11)
Total		$	(5)	$	(38)	$	300	$	167