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Derivatives and Hedging (Tables)
9 Months Ended
Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amount and Fair Value of Derivatives Designated as Hedging Instruments

The tables present the notional amount and fair value of derivatives designated as hedging instruments, as well as their location on the Consolidated Statements of Financial Condition.

 

 

 

 

 

 

 

Fair Value

 

 

 

Notional

 

 

Loans Receivable

 

 

Other Liabilities

 

 

 

(in thousands)

 

As of September 30, 2024

 

 

 

 

 

 

 

 

 

Derivatives Designated as Hedging Instruments

 

 

 

 

 

 

 

 

 

Interest rate swap contracts

 

$

250,000

 

 

$

4,352

 

 

$

4,352

 

Total Derivatives

 

$

250,000

 

 

$

4,352

 

 

$

4,352

 

 

 

 

 

 

 

Fair Value

 

 

 

Notional

 

 

Loans Receivable

 

 

Other Liabilities

 

 

 

(in thousands)

 

As of December 31, 2023

 

 

 

 

 

 

 

 

 

Derivatives Designated as Hedging Instruments

 

 

 

 

 

 

 

 

 

Interest rate swap contracts

 

$

250,000

 

 

$

4,435

 

 

$

4,435

 

Total Derivatives

 

$

250,000

 

 

$

4,435

 

 

$

4,435