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DERIVATIVES AND HEDGING ACTIVITIES (Tables)
9 Months Ended
Sep. 30, 2023
Derivatives, Fair Value [Line Items]  
Schedule of effect of cash flow hedge accounting on accumulated other comprehensive income (loss)

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(In thousands)

    

2023

    

2022

2023

    

2022

(Loss) gain recognized in other comprehensive income (loss)

$

(246)

$

5,387

$

(771)

$

14,548

(Loss) gain reclassified from other comprehensive income into interest expense

 

(293)

 

546

 

(279)

 

569

Designated as Hedging Instrument  
Derivatives, Fair Value [Line Items]  
Schedule of fair value of derivative financial instruments and classification on consolidated statements of financial condition

September 30, 2023

December 31, 2022

Notional

Fair Value

Fair Value

Notional

Fair Value

Fair Value

(Dollars in thousands)

    

Count

    

Amount

    

Assets

    

Liabilities

    

Count

    

Amount

    

Assets

    

Liabilities

Included in derivative assets/(liabilities):

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Interest rate swaps related to FHLBNY advances

 

4

$

150,000

$

16,657

$

 

4

$

150,000

$

17,150

$

Not Designated as Hedging Instrument  
Derivatives, Fair Value [Line Items]  
Schedule of fair value of derivative financial instruments and classification on consolidated statements of financial condition

September 30, 2023

Notional

Fair Value

Fair Value

(In thousands)

    

Count

    

Amount

    

Assets

    

Liabilities

Included in derivative assets/(liabilities):

Loan level interest rate swaps with borrower

 

4

$

34,050

$

360

$

Loan level interest rate swaps with borrower

 

219

1,549,816

158,976

Loan level interest rate floors with borrower

3

17,625

Loan level interest rate floors with borrower

25

178,032

1,376

Loan level interest rate swaps with third-party counterparties

 

4

 

34,050

 

 

360

Loan level interest rate swaps with third-party counterparties

219

1,549,816

158,976

Loan level interest rate floors with third-party counterparties

3

17,625

Loan level interest rate floors with third-party counterparties

 

25

 

178,032

 

1,376

 

December 31, 2022

Notional

Fair Value

Fair Value

(In thousands)

    

Count

    

Amount

    

Assets

    

Liabilities

Included in derivative assets/(liabilities):

Loan level interest rate swaps with borrower

 

3

$

53,311

$

1,524

$

Loan level interest rate swaps with borrower

 

185

 

1,214,736

 

 

126,751

Loan level interest rate floors with borrower

40

326,309

9,060

Loan level interest rate swaps with third-party counterparties

 

3

 

53,311

 

 

1,524

Loan level interest rate swaps with third-party counterparties

185

1,214,736

126,751

Loan level interest rate floors with third-party counterparties

 

40

 

326,309

 

9,060

 

Schedule of loan level derivative income

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(In thousands)

    

2023

    

2022

2023

    

2022

Loan level derivative income

$

783

$

549

$

6,353

$

2,240