Derivatives and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2021

Derivatives and Hedging Activities

Schedule of fair value of derivative Instruments and location in statements of financials

	Location in	Fair Value
	Consolidated Statements	December 31,		December 31,
	of Financial Condition	2021		2020
		(In Thousands)
Derivatives not designated as hedging instruments
Derivative Assets
Interest rate products	Prepaid expenses and other assets	$	2,816	$	5,062
Total derivatives not designated as hedging instruments		$	2,816	$	5,062
Derivative Liabilities
Interest rate products	Accrued expenses and other liabilities	$	2,895	$	5,454
Total derivatives not designated as hedging instruments		$	2,895	$	5,454

Schedule of effect of cash flow hedge accounting on statements of comprehensive income

	Amount of Gain
	Recognized in AOCI
	Year Ended December 31
Cash Flow Hedges	2021		2020		2019
	(In Thousands)
Interest rate swap, net of income taxes	$	(6,271)	$	6,691	$	13,857

Schedule of effect of cash flow hedge accounting on statements of operations

	Year Ended December 31
Cash Flow Hedges	2021				2020				2019
	Interest		Interest		Interest		Interest		Interest		Interest
	Income		Expense		Income		Expense		Income		Expense
	(In Thousands)
Interest rate swap, net of income taxes	$	8,123	$	—	$	7,676	$	—	$	3,082	$	—