Derivative Instruments (Tables)

9 Months Ended

Sep. 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):

	September 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	$	3,316	$	16	$	532,136	$	20,614
Loan interest rate swap - liabilities	650,074		69,345		138,138		3,560
Non-hedging interest rate derivatives:
Financial institution counterparties:
Loan interest rate swap - assets	662,005		70,894		147,644		3,867
Loan interest rate swap - liabilities	3,316		16		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 September 30,				Nine months ended September 30,
	2022		2021		2022		2021
Change in Fair Value Non-Hedging Interest Rate Derivatives:
Other income (expense) - derivative assets	$	26,296	$	(3,999)	$	44,821	$	(22,138)
Other (expense) income - derivative liabilities	(26,296)		3,999		(44,821)		22,138
Other income (expense) - derivative liabilities	422		59		1,310		411

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):

	September 30, 2022		December 31, 2021
Investment securities available for sale, at fair value	$	(16,323)	$	(4,711)
Other assets	16,269		4,308
Cumulative adjustment to Interest and dividends on investment securities	54		403