DERIVATIVES (Tables)

3 Months Ended

Mar. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The table below presents the fair value of the Company’s derivative financial instruments as of March 31, 2024 and December 31, 2023:

	March 31, 2024						December 31, 2023
(In thousands)	Notional		Asset		Liability		Notional		Asset		Liability
Derivatives
Loan Swaps:
Interest Rate Swaps	$	502,766	$	17,758	$	17,758	$	495,750	$	15,867	$	15,867
Mortgage Banking Derivatives:
Interest Rate Lock Commitments	40,488		673		—		16,608		358		—
Forward TBA Contracts	35,500		—		111		11,750		—		102
Total Derivatives	$	578,754	$	18,431	$	17,869	$	524,108	$	16,225	$	15,969

Derivative Instruments, Gain (Loss)

The table below presents the changes in the fair value of the Company’s derivative financial instruments reflected within non-interest income on the Condensed Consolidated Statements of Income for the three months ended March 31, 2024 and 2023, respectively.

		Three Months Ended March 31,
(In thousands)	Location of Gain/(Loss)	2024		2023
Interest rate lock commitments	Mortgage banking activities	$	1,778	$	1,452
Forward TBA contracts	Mortgage banking activities	(1,472)		(1,247)
Total		$	306	$	205