Derivatives and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Hedged Forecasted Transaction Affects Earnings

The following table reflects the Company's derivative positions as of the date indicated below for interest rate derivatives which qualify as cash flow hedges for accounting purposes.


	At March 31, 2026
	Notional Amount		Average Maturity	Weighted Average Rate				Fair Value
				Current Rate Paid		Received Fixed Swap Rate
	(in thousands)		(in years)					(in thousands)
Interest rate swaps on loans	$	149,679	0.7	3.65	%	3.52	%	$	(46)


	At December 31, 2025
	Notional Amount		Average Maturity	Weighted Average Rate				Fair Value
				Current Rate Paid		Received Fixed Swap Rate
	(in thousands)		(in years)					(in thousands)
Interest rate swaps on loans	$	192,468	0.9	3.79	%	3.47	%	$	7

Schedule of Customer Related Derivative Positions

The following tables present the Company's customer related derivative positions for the periods indicated below for those derivatives not designated as hedging.


	Notional Amount Maturing
	Number of Positions	Less than 1 year		Less than 2 years		Less than 3 years		Less than 4 years		Thereafter		Total		Fair Value
	March 31, 2026
	(Dollars In Thousands)
Loan level derivatives
Receive fixed, pay variable	304	$	348,919	$	332,118	$	616,891	$460,263		$	1,742,093	$	3,500,284	$	70,480
Pay fixed, receive variable	305	348,919		332,118		616,891		464,360		1,742,093		3,504,381		70,394
Risk participation-out agreements	87	67,441		44,412		145,481		52,348		371,525		681,207		575
Risk participation-in agreements	22	28,039		6,855		26,083		18,313		67,779		147,069		141

Foreign exchange contracts
Buys foreign currency, sells U.S. currency	11	$	2,965	$	—	$	—	$	—	$	—	$	2,965	$	125
Sells foreign currency, buys U.S. currency	11	2,978		—		—		—		—		2,978		235


	Notional Amount Maturing
	Number of Positions	Less than 1 year		Less than 2 years		Less than 3 years		Less than 4 years		Thereafter		Total		Fair Value
	December 31, 2025
	(Dollars In Thousands)
Loan level derivatives
Receive fixed, pay variable	308	$	280,333	$	427,625	$	368,548	$	699,796	$	1,729,538	$	3,505,840	$	58,840
Pay fixed, receive variable	308	280,333		427,625		368,548		699,796		1,729,538		3,505,840		58,853
Risk participation-out agreements	87	41,361		65,257		37,270		155,480		371,466		670,834		532
Risk participation-in agreements	23	29,862		10,321		26,468		18,473		68,061		153,185		139

Foreign exchange contracts
Buys foreign currency, sells U.S. currency	9	$	2,785	$	—	$	—	$	—	$	—	$	2,785	$	274
Sells foreign currency, buys U.S. currency	9	2,800		—		—		—		—		2,800		258

Schedule of Offsetting Derivatives and Amounts Subject to Master Netting Agreements Not Offset in the Audited Consolidated Balance Sheet

The tables below present the offsetting of derivatives and amounts subject to master netting agreements not offset in the unaudited consolidated balance sheet at the dates indicated.


	At March 31, 2026
	Gross Amounts Recognized		Gross Amounts Offset in the Statement of Financial Position		Net Amounts Presented in the Statement of Financial Position		Gross Amounts Not Offset in the Statement of Financial Position				Net Amount
							Financial Instruments Pledged		Cash Collateral Pledged
	(In Thousands)
Asset derivatives
Derivatives designated as hedging instruments:
Interest rate derivatives	$	77	$	—	$	77	$	—	$	—	$	77
Derivatives not designated as hedging instruments:
Loan level derivatives	$	98,732	$	—	$	98,732	$	—	$	50,526	$	48,206
Risk participation-out agreements	575		—		575		—		—		575
Foreign exchange contracts	360		—		360		—		—		360
Total	$	99,744	$	—	$	99,744	$	—	$	50,526	$	49,218

Liability derivatives
Derivatives designated as hedging instruments:
Interest rate derivatives	$	123	$	—	$	123	$	—	$	—	$	123
Derivatives not designated as hedging instruments:
Loan level derivatives	$	113,495	$	—	$	113,495	$	—	$	219	$	113,276
Risk participation-in agreements	141		—		141		—		—		141
Foreign exchange contracts	—		—		—		—		—		—
Total	$	113,759	$	—	$	113,759	$	—	$	219	$	113,540


	At December 31, 2025
	Gross Amounts Recognized		Gross Amounts Offset in the Statement of Financial Position		Net Amounts Presented in the Statement of Financial Position		Gross Amounts Not Offset in the Statement of Financial Position				Net Amount
							Financial Instruments Pledged		Cash Collateral Pledged
	(In Thousands)
Asset derivatives
Derivatives designated as hedging instruments:
Interest rate derivatives	$	185	$	—	$	185	$	—	$	—	$	185
Derivatives not designated as hedging instruments:
Loan level derivatives	$	102,237	$	—	$	102,237	$	—	$	33,113	$	69,124
Risk participation-out agreements	532		—		532		—		—		532
Foreign exchange contracts	274		—		274		—		—		274
Total	$	103,228	$	—	$	103,228	$	—	$	33,113	$	70,115

Liability derivatives
Derivatives designated as hedging instruments:
Interest rate derivatives	$	179	$	—	$	179	$	—	$	—	$	179
Derivatives not designated as hedging instruments:
Loan level derivatives	$	115,937	$	—	$	115,937	$	—	$	1,180	$	114,757
Risk participation-in agreements	139		—		139		—		—		139
Foreign exchange contracts	258		—		258		—		—		258
Total	$	116,513	$	—	$	116,513	$	—	$	1,180	$	115,333

Schedule of Gain (Loss) of Derivatives

The Company has agreements with certain of its derivative counterparties that contain credit-risk-related contingent provisions. These provisions provide the counterparty with the right to terminate its derivative positions and require the Company to settle its obligations under the agreements if the Company defaults on certain of its indebtedness or if the Company fails to maintain its status as a well-capitalized institution.


	Fair Value
	Three Months Ended March 31, 2026		Three Months Ended March 31, 2025
	(Dollars in Thousands)

Derivatives designated as hedges	$	(46)	$	(1,114)
(Loss) gain in OCI on derivatives (effective portion), net of tax	$	(14)	$	(678)
Gain (loss) reclassified from OCI into interest income or interest expense (effective portion)	$	(49)	$	(534)