Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value Of Derivative Instruments

The following table summarizes the notional and fair value of these derivative instruments (in thousands):

	June 30, 2022				December 31, 2021
	Notional Amount		Fair Value		Notional Amount		Fair Value
Non-hedging interest rate derivatives:
Customer counterparties:
Loan interest rate swap - assets	$	61,736	$	1,101	$	532,136	$	20,614
Loan interest rate swap - liabilities	616,040		42,085		138,138		3,560
Non-hedging interest rate derivatives:
Financial institution counterparties:
Loan interest rate swap - assets	628,311		43,213		147,644		3,867
Loan interest rate swap - liabilities	61,736		1,101		535,577		20,679

Change In Fair Value Of Derivative Instruments

The following table summarizes the change in fair value of these derivative instruments (in thousands):

	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
Change in Fair Value Non-Hedging Interest Rate Derivatives:
Other income (expense) - derivative assets	$	15,448	$	4,854	$	18,524	$	(18,140)
Other (expense) income - derivative liabilities	(15,448)		(4,854)		(18,524)		18,140
Other income (expense) - derivative liabilities	311		(185)		888		352

Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location

The following table summarizes the financial statement impact of these derivative instruments (in thousands):

	June 30, 2022		December 31, 2021
Investment securities available for sale, at fair value	$	(12,350)	$	(4,711)
Other assets	12,338		4,308
Cumulative adjustment to Interest and dividends on investment securities	12		403