DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Fair Value of Derivative Financial Instruments and Classification on the Balance Sheet

The table below presents the fair value of the Corporation’s non-designated hedges, as well as their classification on the Consolidated Condensed Balance Sheet, as of March 31, 2024, and December 31, 2023.

	March 31, 2024				December 31, 2023
	Notional Amount		Fair Value		Notional Amount		Fair Value
Included in other assets:
Interest rate swaps	$	1,348,270	$	89,209	$	1,355,947	$	78,743
Forward contracts related to mortgage loans to be delivered for sale	25,689		357		15,160		469
Interest rate lock commitments	30,146		177		22,706		167
Included in other assets	$	1,404,105	$	89,743	$	1,393,813	$	79,379
Included in other liabilities:
Interest rate swaps	$	1,348,270	$	89,265	$	1,355,947	$	78,811
Forward contracts related to mortgage loans to be delivered for sale	32,935		143		25,290		191
Interest rate lock commitments	15,026		29		1,025		6
Included in other liabilities	$	1,396,231	$	89,437	$	1,382,262	$	79,008

Summary of Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss)

The amount of gain (loss) recognized in other comprehensive income (loss) is included in the table below for the periods indicated.

Derivatives in Cash Flow Hedging Relationships	Amount of Loss Recognized in Other Comprehensive Income (Loss) on Derivatives  (Effective Portion)
	Three Months Ended
	March 31, 2024		March 31, 2023
Interest Rate Products	$	—	$	(51)

Summary of Effect of Derivative Financial Instruments on the Income Statement

The amount of gain (loss) reclassified from other comprehensive income (loss) into income related to cash flow hedging relationships is included in the table below for the periods indicated.

Derivatives Designated as Hedging Instruments	Location of Gain (Loss) Recognized Income on Derivative	Amount of Gain Reclassed from Other Comprehensive Income (Loss) into Income (Effective Portion)
		Three Months Ended March 31, 2024		Three Months Ended March 31, 2023
Interest rate contracts	Interest Expense	$	—	$	1

The amount of gain (loss) recognized into income related to non-designated hedging instruments is included in the table below for the periods indicated.

Derivatives Not Designated as Hedging Instruments	Location of Gain (Loss) Recognized Income on Derivative	Amount of Gain (Loss) Recognized into Income on Derivatives
		Three Months Ended March 31, 2024		Three Months Ended March 31, 2023
Forward contracts related to mortgage loans to be delivered for sale	Net gains and fees on sales of loans	$	(1)	$	(46)
Interest rate lock commitments	Net gains and fees on sales of loans	(13)		227
Total net gain (loss) recognized in income		$	(14)	$	181