XML 78 R41.htm IDEA: XBRL DOCUMENT v3.26.1
FINANCIAL DERIVATIVES - Schedule of Net Income/(Expense) Recognized (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Derivative Instruments, Gain (Loss) [Line Items]        
Investment securities and cash equivalents $ 215,222 $ 213,983 $ 418,631 $ 423,633
Loans 235,038 185,039 447,590 356,803
Total Interest Expense (332,185) (302,225) (646,750) (592,700)
Gains/(losses) on financial derivatives 224 80 1,364 (2,556)
Designated as hedge        
Derivative Instruments, Gain (Loss) [Line Items]        
Investment securities and cash equivalents 215,222 213,983 418,631 423,633
Loans 235,038 185,039 447,590 356,803
Total Interest Expense (332,185) (302,225) (646,750) (592,700)
Gains/(losses) on financial derivatives 224 80 1,364 (2,556)
Total 118,299 96,877 220,835 185,180
Designated as hedge | Fair value hedges:        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items (27,449) 25,239 (11,557) 111,787
Net effects of fair value hedging relationships 21,216 16,439 41,569 30,572
Designated as hedge | Fair value hedges: | Income Statement Location [Axis]: us-gaap:GainLossOnDerivativeInstrumentsNetPretax        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items 0 0 0 0
Net effects of fair value hedging relationships 0 0 0 0
Designated as hedge | Fair value hedges: | Income Statement Location [Axis]: us-gaap:InterestAndDividendIncomeSecurities        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items (53,350) 57,040 (83,238) 173,036
Net effects of fair value hedging relationships 15,626 29,311 31,778 57,956
Designated as hedge | Fair value hedges: | Income Statement Location [Axis]: us-gaap:InterestAndFeeIncomeLoansAndLeases        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items (18,858) 8,860 (20,992) 53,840
Net effects of fair value hedging relationships 8,287 13,332 16,354 26,142
Designated as hedge | Fair value hedges: | Income Statement Location [Axis]: us-gaap:InterestExpenseOperating        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items 44,759 (40,661) 92,673 (115,089)
Net effects of fair value hedging relationships (2,697) (26,204) (6,563) (53,526)
Designated as hedge | Cash flow hedges:        
Derivative Instruments, Gain (Loss) [Line Items]        
Interest settlements reclassified from AOCI into net income on derivatives 2,460 3,746 4,930 7,571
Net effects of cash flow hedges 2,460 3,746 4,930 7,571
Designated as hedge | Cash flow hedges: | Income Statement Location [Axis]: us-gaap:GainLossOnDerivativeInstrumentsNetPretax        
Derivative Instruments, Gain (Loss) [Line Items]        
Interest settlements reclassified from AOCI into net income on derivatives 0 0 0 0
Net effects of cash flow hedges 0 0 0 0
Designated as hedge | Cash flow hedges: | Income Statement Location [Axis]: us-gaap:InterestAndDividendIncomeSecurities        
Derivative Instruments, Gain (Loss) [Line Items]        
Interest settlements reclassified from AOCI into net income on derivatives 0 0 0 0
Net effects of cash flow hedges 0 0 0 0
Designated as hedge | Cash flow hedges: | Income Statement Location [Axis]: us-gaap:InterestAndFeeIncomeLoansAndLeases        
Derivative Instruments, Gain (Loss) [Line Items]        
Interest settlements reclassified from AOCI into net income on derivatives 0 0 0 0
Net effects of cash flow hedges 0 0 0 0
Designated as hedge | Cash flow hedges: | Income Statement Location [Axis]: us-gaap:InterestExpenseOperating        
Derivative Instruments, Gain (Loss) [Line Items]        
Interest settlements reclassified from AOCI into net income on derivatives 2,460 3,746 4,930 7,571
Net effects of cash flow hedges 2,460 3,746 4,930 7,571
Designated as hedge | Interest Rate Swap | Fair value hedges:        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on derivatives 28,338 (22,530) 12,808 (107,979)
Amounts related to interest settlements on derivatives 20,327 13,730 40,318 26,764
Designated as hedge | Interest Rate Swap | Fair value hedges: | Income Statement Location [Axis]: us-gaap:GainLossOnDerivativeInstrumentsNetPretax        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on derivatives 0 0 0 0
Amounts related to interest settlements on derivatives 0 0 0 0
Designated as hedge | Interest Rate Swap | Fair value hedges: | Income Statement Location [Axis]: us-gaap:InterestAndDividendIncomeSecurities        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on derivatives 53,231 (56,736) 82,704 (173,231)
Amounts related to interest settlements on derivatives 15,745 29,007 32,312 58,151
Designated as hedge | Interest Rate Swap | Fair value hedges: | Income Statement Location [Axis]: us-gaap:InterestAndFeeIncomeLoansAndLeases        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on derivatives 19,237 (8,027) 21,321 (52,581)
Amounts related to interest settlements on derivatives 7,908 12,499 16,025 24,883
Designated as hedge | Interest Rate Swap | Fair value hedges: | Income Statement Location [Axis]: us-gaap:InterestExpenseOperating        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on derivatives (44,130) 42,233 (91,217) 117,833
Amounts related to interest settlements on derivatives (3,326) (27,776) (8,019) (56,270)
No hedge designation        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 224 80 1,364 (2,556)
No hedge designation | Income Statement Location [Axis]: us-gaap:GainLossOnDerivativeInstrumentsNetPretax        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 224 80 1,364 (2,556)
No hedge designation | Income Statement Location [Axis]: us-gaap:InterestAndDividendIncomeSecurities        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
No hedge designation | Income Statement Location [Axis]: us-gaap:InterestAndFeeIncomeLoansAndLeases        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
No hedge designation | Income Statement Location [Axis]: us-gaap:InterestExpenseOperating        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
No hedge designation | Interest Rate Swap        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 139 (834) (822) (3,537)
Interest expense on interest rate swaps 556 (208) 1,525 110
No hedge designation | Interest Rate Swap | Income Statement Location [Axis]: us-gaap:GainLossOnDerivativeInstrumentsNetPretax        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 139 (834) (822) (3,537)
Interest expense on interest rate swaps 556 (208) 1,525 110
No hedge designation | Interest Rate Swap | Income Statement Location [Axis]: us-gaap:InterestAndDividendIncomeSecurities        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
Interest expense on interest rate swaps 0 0 0 0
No hedge designation | Interest Rate Swap | Income Statement Location [Axis]: us-gaap:InterestAndFeeIncomeLoansAndLeases        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
Interest expense on interest rate swaps 0 0 0 0
No hedge designation | Interest Rate Swap | Income Statement Location [Axis]: us-gaap:InterestExpenseOperating        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
Interest expense on interest rate swaps 0 0 0 0
No hedge designation | Treasury futures        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives (471) 1,122 661 871
No hedge designation | Treasury futures | Income Statement Location [Axis]: us-gaap:GainLossOnDerivativeInstrumentsNetPretax        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives (471) 1,122 661 871
No hedge designation | Treasury futures | Income Statement Location [Axis]: us-gaap:InterestAndDividendIncomeSecurities        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
No hedge designation | Treasury futures | Income Statement Location [Axis]: us-gaap:InterestAndFeeIncomeLoansAndLeases        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
No hedge designation | Treasury futures | Income Statement Location [Axis]: us-gaap:InterestExpenseOperating        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives $ 0 $ 0 $ 0 $ 0