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Derivative Instruments (Tables)
9 Months Ended
Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table summarizes the fair value hedges recorded in the accompanying consolidated balance sheets.
September 30, 2021December 31, 2020
(In thousands)Balance Sheet LocationWeighted Average Pay RateReceive RateNotionalFair ValueNotionalFair Value
Derivative assetsOther assets1.21%Federal Funds$1,001,715 $13,948 $— $— 
The following table summarizes the fair values of loan derivative contracts recorded in the accompanying consolidated balance sheets.
September 30, 2021December 31, 2020
(In thousands)NotionalFair ValueNotionalFair Value
Derivative assets$316,357 $17,661 $408,881 $35,846 
Derivative liabilities320,001 17,825 417,941 36,141