v3.26.1
Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives Recorded The following table reflects the derivatives recorded on the consolidated balance sheets as of December 31, 2025 and December 31, 2024:

 

 

 

December 31, 2025

 

 

December 31, 2024

 

(In thousands)

 

Notional
Amount

 

 

Fair Value

 

 

Notional
Amount

 

 

Fair Value

 

Included in other assets:

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives designated as hedging instruments:

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps related to FHLB advances and agency securities

 

$

 

 

$

 

 

$

160,000

 

 

$

175

 

Derivatives not designated as hedging
   instruments:

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps related to customer loans

 

 

105,318

 

 

 

5,958

 

 

 

88,154

 

 

 

7,492

 

Total included in other assets

 

 

 

 

$

5,958

 

 

 

 

 

$

7,667

 

 

 

 

 

 

 

 

 

 

 

 

 

Included in accrued expenses and other liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives designated as hedging instruments:

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps related to FHLB advances and agency securities

 

$

135,000

 

 

$

391

 

 

$

 

 

$

 

Derivatives not designated as hedging
   instruments:

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps related to customer loans

 

 

105,318

 

 

 

5,958

 

 

 

88,154

 

 

 

7,492

 

Total included in accrued expenses and other liabilities

 

 

 

 

$

6,349

 

 

 

 

 

$

7,492