v3.26.1
Derivatives (Tables)
 3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments The following table presents the fair value of derivatives not designated as hedging instruments at March 31, 2026 and December 31, 2025:
(In Thousands)Asset Derivatives
March 31, 2026December 31, 2025
Balance Sheet LocationFair ValueFair Value
Interest rate swapsOther assets$8,057 $7,999 
Interest rate lock commitmentsOther assets1,580 923 
Retail interest rate contractsOther assets58 — 
Total$9,695 $8,922 
(In Thousands)Liability Derivatives
March 31, 2026December 31, 2025
Balance Sheet LocationFair ValueFair Value
Interest rate swapsOther liabilities$8,057 $7,999 
Retail interest rate contractsOther liabilities— 50 
Total$8,057 $8,049 
Derivative Instruments, Gain (Loss) The following table presents the net gains (losses) of derivatives not designated as hedging instruments for periods indicated below:
Three Months Ended March 31,
(In Thousands)Income Statement Location20262025
Retail interest rate contractsMortgage banking income$70 ($309)
Interest rate lock commitmentsMortgage banking income613 880 
Total$683 $571 
Offsetting Assets The following table summarizes the derivatives that have a right of offset as of March 31, 2026 and December 31, 2025:
March 31, 2026Gross amounts not offset in the Statement of Financial Position
(In Thousands)Gross amounts of recognized assets and liabilitiesGross amounts offset in the Statement of Financial PositionNet amounts of assets and liabilities presented in the Statement of Financial PositionFinancial InstrumentsCollateral PostedNet Amount
Asset Derivatives
Interest rate swaps$8,057$— $8,057$— $— $8,057 
Retail interest rate contracts58 — 58 — — 58 
Liability Derivatives
Interest rate swaps$8,057$— $8,057$— $8,057$— 
December 31, 2025Gross amounts not offset in the Statement of Financial Position
(In Thousands)Gross amounts of recognized assets and liabilitiesGross amounts offset in the Statement of Financial PositionNet amounts of assets and liabilities presented in the Statement of Financial PositionFinancial InstrumentsCollateral PostedNet Amount
Asset Derivatives
Interest rate swaps$7,999$— $7,999$— $— $7,999 
Liability Derivatives
Interest rate swaps$7,999$— $7,999$— $7,999$— 
Retail interest rate contracts50 — 50 — — 50 
Offsetting Liabilities The following table summarizes the derivatives that have a right of offset as of March 31, 2026 and December 31, 2025:
March 31, 2026Gross amounts not offset in the Statement of Financial Position
(In Thousands)Gross amounts of recognized assets and liabilitiesGross amounts offset in the Statement of Financial PositionNet amounts of assets and liabilities presented in the Statement of Financial PositionFinancial InstrumentsCollateral PostedNet Amount
Asset Derivatives
Interest rate swaps$8,057$— $8,057$— $— $8,057 
Retail interest rate contracts58 — 58 — — 58 
Liability Derivatives
Interest rate swaps$8,057$— $8,057$— $8,057$— 
December 31, 2025Gross amounts not offset in the Statement of Financial Position
(In Thousands)Gross amounts of recognized assets and liabilitiesGross amounts offset in the Statement of Financial PositionNet amounts of assets and liabilities presented in the Statement of Financial PositionFinancial InstrumentsCollateral PostedNet Amount
Asset Derivatives
Interest rate swaps$7,999$— $7,999$— $— $7,999 
Liability Derivatives
Interest rate swaps$7,999$— $7,999$— $7,999$— 
Retail interest rate contracts50 — 50 — — 50