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DERIVATIVE INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table summarizes the fair value hedges recorded in the accompanying consolidated balance sheets for the years ended December 31, 2025 and 2024.

December 31, 2025December 31, 2024
(In thousands)Balance Sheet LocationWeighted Average Pay RateReceive RateNotionalFair ValueNotionalFair Value
Derivative assetsOther assets1.21%Federal Funds$1,001,715 $59,829 $1,001,715 $103,366 
Derivative liabilitiesAccrued interest and other liabilitiesDaily WA SOFR
3.07% - 3.56%
325,000 (3,337)— — 


The following amounts were recorded on the accompanying consolidated balance sheets related to carrying amounts and cumulative basis adjustments for fair value hedges for the years ended December 31, 2025 and 2024.

Carrying Amount of Hedged Assets/LiabilitiesCumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of Hedged Assets/Liabilities
Line Item on the Balance Sheet (In thousands)2025202420252024
Investment securities - Available-for-sale$970,976 $934,132 $60,013 $103,595 
Subordinated debentures317,714 — (3,455)— 
The following table summarizes the cash flow hedges recorded in the accompanying consolidated balance sheets for the years ended December 31, 2025 and 2024.

December 31, 2025December 31, 2024
(In thousands)Balance Sheet LocationWeighted Average Pay RateReceive RateNotionalFair ValueNotionalFair Value
Variable rate loansOther assets1M CME Term SOFR
3.18% - 4.05%
$1,000,000 $(919)$— $— 
Variable rate commercial MBSOther assetsSOFR 30A
3.07% - 3.82%
300,000 317 — — 


The following table summarizes the cash flow hedges relationships in the accompanying consolidated statements of comprehensive income (loss) for the years ended December 31, 2025 and 2024.

Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss)
(In thousands)20252024
Variable rate loans$(919)$— 
Variable rate commercial MBS317 — 
The following table summarizes the fair values of loan derivative contracts recorded in the accompanying consolidated balance sheets for the years ended December 31, 2025 and 2024.

20252024
(In thousands)NotionalFair ValueNotionalFair Value
Derivative assets$1,190,958 $26,734 $748,752 $24,108 
Derivative liabilities1,191,858 26,682 749,683 24,032