Repurchase Agreements (Tables)

12 Months Ended

Dec. 31, 2020

Banking and Thrift, Other Disclosures [Abstract]

Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets

The table below sets forth information regarding the Company’s repurchase agreements accounted for as secured borrowings, allocated by source of collateral, as of the dates indicated:

	December 31,
(In thousands)	2020		2019
Customer Repurchase Agreements(1)(2):
Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises	$	90,015	$	117,654
Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises	70,902		118,969
Obligations of states and political subdivisions	1,522		1,361
Total	$	162,439	$	237,984

(1)     Presented within short-term borrowings on the consolidated statements of condition.

(2)    All customer repurchase agreements mature continuously or overnight for the dates indicated.