DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The following table presents information regarding our derivative financial instruments, at December 31:

2022	Number of Instruments	Notional Amount		Weighted Average Maturity (in years)	Weighted Average Interest Rate Received		Weighted Average Contract Pay Rate		Fair Value
Derivatives not designated as hedging instruments:
Interest rate swap agreements on loans with commercial loan customers	42	$	265,619	7.1	3.94	%	6.35	%	$	(27,141)
Interest rate swap agreements with third-party counter-parties	42	265,619		7.1	6.35	%	3.94	%	27,196
Risk participation agreements	3	13,764		9.6					—
Total	87	$	545,002						$	55

2021	Number of Instruments	Notional Amount		Weighted Average Maturity (in years)	Weighted Average Interest Rate Received		Weighted Average Contract Pay Rate		Fair Value
Derivatives not designated as hedging instruments:
Interest rate swap agreements on loans with commercial loan customers	35	$	235,730	7.7	3.83	%	2.14	%	$	(9,711)
Interest rate swap agreements with third-party counter-parties	35	235,730		7.7	2.14	%	3.83	%	9,498
Risk participation agreements	4	18,552		2.2					(15)
	74	$	490,012						$	(228)

Schedule of Derivatives Not Designated as Hedging Instruments, Statements of Income

Amounts included in the Consolidated Statements of Income related to derivatives not designated as hedging were as follows:

	Years Ended December 31,
	2022		2021
Derivatives not designated as hedging instruments:
Interest rate swap agreements with commercial loan customers:
Unrealized (loss) recognized in non-interest income	$	(17,430)	$	5,313
Interest rate swap agreements with third-party counter-parties:
Unrealized gain recognized in non-interest income	17,698		(5,204)
Risk participation agreements:
Unrealized gain (loss) recognized in non-interest income	15		20
Unrealized gain (loss) recognized in non-interest income	$	283	$	129