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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value and Notional Amount of Derivative Financial Instruments
The following table presents the fair value and notional amount of our derivative financial instruments at March 31, 2023 and December 31, 2022.
Table 12.1 – Fair Value and Notional Amount of Derivative Financial Instruments
March 31, 2023December 31, 2022
Fair
Value
Notional
Amount
Fair
Value
Notional
Amount
(In Thousands)
Assets - Risk Management Derivatives
Interest rate swaps$8,032 $240,000 $14,625 $285,000 
TBAs3,037 195,000 1,893 220,000 
Interest rate futures75 19,000 3,976 350,600 
Assets - Other Derivatives
Loan purchase and interest rate lock commitments353 39,814 336 8,166 
Total Assets$11,497 $493,814 $20,830 $863,766 
Liabilities - Risk Management Derivatives
TBAs$(3,018)$135,000 $(16,784)$845,000 
Interest rate futures(7,712)270,500 (57)60,000 
Liabilities - Other Derivatives
Loan purchase and interest rate lock commitments(6)7,174 (14)3,532 
Total Liabilities$(10,736)$412,674 $(16,855)$908,532 
Total Derivative Financial Instruments, Net$761 $906,488 $3,975 $1,772,298