Derivatives and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2022

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	2022		2021
		(In Thousands)
Derivatives designated as hedging instruments
Derivative Liabilities
Active interest rate swaps	Accrued expenses and other liabilities	$	31,277	$	—
Total derivatives designated as hedging instruments		$	31,277	$	—
Derivatives not designated as hedging instruments
Derivative Assets
Interest rate products	Prepaid expenses and other assets	$	11,061	$	2,816
Total derivatives not designated as hedging instruments		$	11,061	$	2,816
Derivative Liabilities
Interest rate products	Accrued expenses and other liabilities	$	10,820	$	2,895
Total derivatives not designated as hedging instruments		$	10,820	$	2,895

Schedule of effect of cash flow hedge accounting through accumulated other comprehensive income on statements of comprehensive income

	Amount of Gain (Loss)
	Recognized in AOCI
	Year Ended December 31
Cash Flow Hedges	2022		2021		2020
	(In Thousands)
Terminated interest rate swaps, net of income taxes	$	(6,271)	$	(6,271)	$	6,691
Active interest rate swaps, net of income taxes		(23,582)		—		—
	$	(29,853)	$	(6,271)	$	6,691

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

	Year Ended December 31
Cash Flow Hedges	2022				2021				2020
	Interest		Interest		Interest		Interest		Interest		Interest
	Income		Expense		Income		Expense		Income		Expense
	(In Thousands)
Terminated interest rate swaps	$	8,123	$	—	$	8,123	$	—	$	7,676	$	—
Active interest rate swaps		(941)		—		—		—		—		—
	$	7,182	$	—	$	8,123	$	—	$	7,676	$	—