Berkshire Hills Bancorp (BHLB) 10-Q 9 Nov 22 2022 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2022	Nov. 07, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-15781
Entity Registrant Name	BERKSHIRE HILLS BANCORP, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	04-3510455
Entity Address, Address Line One	60 State Street
Entity Address, City or Town	Boston
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	02109
City Area Code	800
Local Phone Number	773-5601
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	BHLB
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		45,025,062
Entity Central Index Key	0001108134
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 128,509	$ 109,350
Short-term investments	566,404	1,518,457
Total cash and cash equivalents	694,913	1,627,807
Trading security, at fair value	6,812	8,354
Marketable equity securities, at fair value	12,790	15,453
Securities available for sale, at fair value	1,470,949	1,877,585
Securities held to maturity (fair values of $503,262 and $647,236)	592,503	636,503
Federal Home Loan Bank stock and other restricted securities	7,264	10,800
Total securities	2,090,318	2,548,695
Less: Allowance for credit losses on held to maturity securities	(95)	(105)
Net securities	2,090,223	2,548,590
Loans held for sale	4,124	6,110
Total loans	7,943,481	6,825,847
Less: Allowance for credit losses on loans	(96,013)	(106,094)
Net loans	7,847,468	6,719,753
Premises and equipment, net	86,809	94,383
Other intangible assets	25,761	29,619
Cash surrender value of bank-owned life insurance policies	238,052	235,690
Other assets	325,894	288,384
Total assets	11,317,074	11,554,913
Liabilities
Demand deposits	2,896,659	3,008,461
NOW and other deposits	1,045,970	976,401
Money market deposits	3,388,932	3,293,526
Savings deposits	1,111,304	1,111,625
Time deposits	1,545,256	1,678,940
Total deposits	9,988,121	10,068,953
Long-term Federal Home Loan Bank advances and other	4,494	13,331
Subordinated borrowings	121,001	97,513
Total borrowings	125,495	110,844
Other liabilities	260,896	192,681
Total liabilities	10,374,512	10,372,478
Shareholders’ equity
Common stock ($0.01 par value; 100,000,000 shares authorized and 51,903,190 shares issued and 45,039,702 shares outstanding in 2022; 51,903,190 shares issued and 48,667,110 shares outstanding in 2021)	528	528
Additional paid-in capital - common stock	1,424,158	1,423,445
Unearned compensation	(10,726)	(9,056)
Retained (deficit)	(93,820)	(139,383)
Accumulated other comprehensive (loss)	(188,494)	(3,243)
Treasury stock, at cost (6,863,488 shares in 2022 and 3,236,080 shares in 2021)	(189,084)	(89,856)
Total shareholders’ equity	942,562	1,182,435
Total liabilities and shareholders’ equity	11,317,074	11,554,913
Disposal Group, Held-for-sale, Not Discontinued Operations
Assets
Assets held for sale	$ 3,830	$ 4,577

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Securities held to maturity fair value	$ 503,262	$ 647,236
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	51,903,190	51,903,190
Common stock, shares outstanding (in shares)	45,039,702	48,667,110
Treasury stock (in shares)	6,863,488	3,236,080

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Interest and dividend income
Loans	$ 90,266	$ 68,018	$ 227,583	$ 217,872
Securities and other	13,405	11,670	38,290	35,333
Total interest and dividend income	103,671	79,688	265,873	253,205
Interest expense
Deposits	8,164	5,842	16,508	22,406
Borrowings	3,423	2,478	6,860	8,945
Total interest expense	11,587	8,320	23,368	31,351
Net interest income	92,084	71,368	242,505	221,854
Non-interest income
Total fee income	14,573	20,637	48,345	64,997
Other, net	2,154	1,279	7,132	5,638
(Loss) on securities, net	(476)	(166)	(2,194)	(681)
Gain on sale of business operations and other assets, net	0	51,885	0	51,885
Total non-interest income	16,251	73,635	53,283	121,839
Total net revenue	108,335	145,003	295,788	343,693
Provision/(benefit) for credit losses	3,000	(4,000)	(1,000)	2,500
Non-interest expense
Compensation and benefits	39,422	37,068	114,773	112,773
Occupancy and equipment	8,702	10,421	28,207	32,044
Technology and communications	8,719	8,397	25,857	25,204
Marketing and promotion	1,290	860	3,873	1,973
Professional services	3,285	3,180	8,890	13,495
FDIC premiums and assessments	476	805	2,121	2,852
Other real estate owned and foreclosures	13	41	36	17
Amortization of intangible assets	1,285	1,296	3,857	3,912
Acquisition, restructuring, and other expenses	11,473	1,425	11,526	4,917
Other	7,012	5,967	19,562	19,299
Total non-interest expense	81,677	69,460	218,702	216,486
Income before income taxes	23,658	79,543	78,086	124,707
Income tax expense	4,941	15,794	16,058	26,291
Net income	$ 18,717	$ 63,749	$ 62,028	$ 98,416
Basic earnings per common share (in dollars per share)	$ 0.42	$ 1.32	$ 1.35	$ 1.98
Diluted earnings per common share (in dollars per share)	$ 0.42	$ 1.31	$ 1.34	$ 1.97
Weighted average shares outstanding:
Basic (in shares)	44,700	48,395	46,056	49,672
Diluted (in shares)	45,034	48,744	46,396	49,963
Deposit related fees
Non-interest income
Total fee income	$ 8,377	$ 7,657	$ 23,733	$ 22,291
Loan fees and revenue
Non-interest income
Total fee income	3,785	8,285	16,673	25,962
Insurance commissions and fees
Non-interest income
Total fee income	0	1,581	0	7,003
Wealth management fees
Non-interest income
Total fee income	2,353	2,653	7,753	7,944
Mortgage banking originations
Non-interest income
Total fee income	$ 58	$ 461	$ 186	$ 1,797

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 18,717	$ 63,749	$ 62,028	$ 98,416
Other comprehensive (loss), before tax:
Changes in unrealized (loss) on debt securities available-for-sale	(83,073)	(10,098)	(244,933)	(31,718)
Changes in unrealized (loss) on derivative hedges	(5,555)	0	(5,555)	0
Income taxes related to other comprehensive (loss):
Changes in unrealized (loss) on debt securities available-for-sale	21,639	2,575	63,743	8,096
Changes in unrealized (loss) on derivative hedges	1,494	0	1,494	0
Total other comprehensive (loss)	(65,495)	(7,523)	(185,251)	(23,622)
Total comprehensive (loss)/income	$ (46,778)	$ 56,226	$ (123,223)	$ 74,794

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common stock	Additional paid-in capital	Unearned compensation	Retained earnings (deficit)	Accumulated other comprehensive income/(loss)	Treasury stock
Balance at beginning of period (in shares) at Dec. 31, 2020		50,833,000
Balance at Beginning of Period at Dec. 31, 2020	$ 1,187,773	$ 528	$ 1,427,239	$ (6,245)	$ (233,344)	$ 30,871	$ (31,276)
Comprehensive (loss):
Net income	98,416				98,416
Total other comprehensive (loss)	(23,622)					(23,622)
Total comprehensive (loss)/income	74,794				98,416	(23,622)
Cash dividends declared on common shares	(18,411)				(18,411)
Treasury shares repurchased (in shares)		(2,500,000)
Treasury shares repurchased	(68,712)						(68,712)
Forfeited shares (in shares)		(89,000)
Forfeited shares	0		(44)	2,130			(2,086)
Exercise of stock options (in shares)		9,000
Exercise of stock options	162				(100)		262
Restricted stock grants (in shares)		452,000
Restricted stock grants	0		(3,885)	(8,974)			12,859
Stock-based compensation	3,652			3,652
Other, net (in shares)		(48,000)
Other, net	(1,183)		11				(1,194)
Balance at end of period (in shares) at Sep. 30, 2021		48,657,000
Balance at End of Period at Sep. 30, 2021	$ 1,178,075	$ 528	1,423,321	(9,437)	(153,439)	7,249	(90,147)
Comprehensive (loss):
Cash dividends, declared on common stock (in dollars per share)	$ 0.36
Balance at beginning of period (in shares) at Jun. 30, 2021		50,453,000
Balance at Beginning of Period at Jun. 30, 2021	$ 1,175,389	$ 528	1,423,083	(11,006)	(210,994)	14,772	(40,994)
Comprehensive (loss):
Net income	63,749				63,749
Total other comprehensive (loss)	(7,523)					(7,523)
Total comprehensive (loss)/income	56,226				63,749	(7,523)
Cash dividends declared on common shares	(6,187)				(6,187)
Treasury shares repurchased (in shares)		(1,755,000)
Treasury shares repurchased	(47,961)						(47,961)
Forfeited shares (in shares)		(27,000)
Forfeited shares	0		146	560			(706)
Exercise of stock options (in shares)		2,000
Exercise of stock options	39				(7)		46
Restricted stock grants (in shares)		13,000
Restricted stock grants	0		89	(362)			273
Stock-based compensation	1,371			1,371
Other, net (in shares)		(29,000)
Other, net	(802)		3				(805)
Balance at end of period (in shares) at Sep. 30, 2021		48,657,000
Balance at End of Period at Sep. 30, 2021	$ 1,178,075	$ 528	1,423,321	(9,437)	(153,439)	7,249	(90,147)
Comprehensive (loss):
Cash dividends, declared on common stock (in dollars per share)	$ 0.12
Balance at beginning of period (in shares) at Dec. 31, 2021	48,667,110	48,667,000
Balance at Beginning of Period at Dec. 31, 2021	$ 1,182,435	$ 528	1,423,445	(9,056)	(139,383)	(3,243)	(89,856)
Comprehensive (loss):
Net income	62,028				62,028
Total other comprehensive (loss)	(185,251)					(185,251)
Total comprehensive (loss)/income	(123,223)				62,028	(185,251)
Cash dividends declared on common shares	(16,414)				(16,414)
Treasury shares repurchased (in shares)		(3,825,000)
Treasury shares repurchased	(104,543)						(104,543)
Forfeited shares (in shares)		(75,000)
Forfeited shares	0		169	1,911			(2,080)
Exercise of stock options (in shares)		12,000
Exercise of stock options	269				(51)		320
Restricted stock grants (in shares)		321,000
Restricted stock grants	0		536	(9,240)			8,704
Stock-based compensation	5,659			5,659
Other, net (in shares)		(60,000)
Other, net	$ (1,621)		8				(1,629)
Balance at end of period (in shares) at Sep. 30, 2022	45,039,702	45,040,000
Balance at End of Period at Sep. 30, 2022	$ 942,562	$ 528	1,424,158	(10,726)	(93,820)	(188,494)	(189,084)
Comprehensive (loss):
Cash dividends, declared on common stock (in dollars per share)	$ 0.36
Balance at beginning of period (in shares) at Jun. 30, 2022		45,788,000
Balance at Beginning of Period at Jun. 30, 2022	$ 1,014,050	$ 528	1,424,081	(12,824)	(106,997)	(122,999)	(167,739)
Comprehensive (loss):
Net income	18,717				18,717
Total other comprehensive (loss)	(65,495)					(65,495)
Total comprehensive (loss)/income	(46,778)				18,717	(65,495)
Cash dividends declared on common shares	(5,493)				(5,493)
Treasury shares repurchased (in shares)		(705,000)
Treasury shares repurchased	(20,249)						(20,249)
Forfeited shares (in shares)		(23,000)
Forfeited shares	0		90	553			(643)
Exercise of stock options (in shares)		11,000
Exercise of stock options	245				(47)		292
Restricted stock grants (in shares)		7,000
Restricted stock grants	0		(17)	(188)			205
Stock-based compensation	1,733			1,733
Other, net (in shares)		(38,000)
Other, net	$ (946)		4				(950)
Balance at end of period (in shares) at Sep. 30, 2022	45,039,702	45,040,000
Balance at End of Period at Sep. 30, 2022	$ 942,562	$ 528	$ 1,424,158	$ (10,726)	$ (93,820)	$ (188,494)	$ (189,084)
Comprehensive (loss):
Cash dividends, declared on common stock (in dollars per share)	$ 0.12

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Stockholders' Equity [Abstract]
Cash dividends, declared on common stock (in dollars per share)	$ 0.12	$ 0.12	$ 0.36	$ 0.36

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net income	$ 62,028,000	$ 98,416,000
Adjustments to reconcile net income to net cash provided by operating activities:
(Benefit)/provision for credit losses	(1,000,000)	2,500,000
Net amortization of securities	2,288,000	1,533,000
Change in unamortized net loan costs and premiums	2,557,000	(4,772,000)
Premises and equipment depreciation and amortization expense	7,257,000	8,406,000
Stock-based compensation expense	5,659,000	3,652,000
Accretion of purchase accounting entries, net	(1,467,000)	(5,046,000)
Amortization of other intangibles	3,857,000	3,912,000
Income from cash surrender value of bank-owned life insurance policies	(4,139,000)	(4,210,000)
Securities losses, net	2,194,000	681,000
Net change in loans held-for-sale	4,954,000	6,752,000
Loss on disposition of assets	0	2,811,000
Gain on sale of real estate	0	6,000
Amortization of interest in tax-advantaged projects	0	1,996,000
Gain on sale of business operations and other assets, net	0	(51,885,000)
Prepayment penalties on repayment of Federal Home Loan Bank advances	0	862,000
Net change in other	4,039,000	16,934,000
Net cash provided by operating activities	88,227,000	82,548,000
Cash flows from investing activities:
Net decrease in trading security	609,000	578,000
Proceeds from sales of marketable equity securities	0	2,880,000
Purchases of securities available for sale	(428,068,000)	(428,950,000)
Proceeds from sales of securities available for sale	149,994,000	0
Proceeds from maturities, calls, and prepayments of securities available for sale	440,025,000	448,446,000
Purchases of securities held to maturity	(807,000)	(219,471,000)
Proceeds from maturities, calls, and prepayments of securities held to maturity	43,384,000	31,222,000
Net change in loans	(1,130,744,000)	1,256,178,000
Net change in Mid-Atlantic region loans held for sale	0	50,914,000
Proceeds from surrender of bank-owned life insurance	1,777,000	1,578,000
Purchase of Federal Home Loan Bank stock	(66,486,000)	0
Proceeds from redemption of Federal Home Loan Bank stock	70,022,000	22,832,000
Net investment in limited partnership tax credits	(1,443,000)	(1,385,000)
Purchase of premises and equipment, net	(730,000)	(1,606,000)
Proceeds from sales of seasoned commercial loan portfolios	0	17,480,000
Proceeds from sale of other real estate	0	187,000
Cash outflows from sale of business operations and other assets	0	(352,814,000)
Net cash (used)/provided by investing activities	(922,467,000)	828,069,000
Cash flows from financing activities:
Net increase/(decrease) in deposits	(80,832,000)	142,410,000
Net change in Mid-Atlantic region deposits held for sale	0	20,953,000
Proceeds from Federal Home Loan Bank advances and other borrowings	51,275,000	0
Repayments of Federal Home Loan Bank advances and other borrowings	(60,146,000)	(462,017,000)
Proceeds from issuance of subordinated debt	98,032,000	0
Repayment from calling of subordinated debt	(75,000,000)	0
Purchase of treasury stock	(104,543,000)	(68,712,000)
Exercise of stock options	269,000	162,000
Common stock cash dividends paid	(16,414,000)	(18,411,000)
Settlement of derivative contracts with financial institution counterparties	88,705,000	41,653,000
Net cash (used) by financing activities	(98,654,000)	(343,962,000)
Net change in cash and cash equivalents	(932,894,000)	566,655,000
Cash and cash equivalents at beginning of period	1,627,807,000	1,557,875,000
Cash and cash equivalents at end of period	694,913,000	2,124,530,000
Supplemental cash flow information:
Interest paid on deposits	16,290,000	23,769,000
Interest paid on borrowed funds	7,016,000	9,671,000
Income taxes (refunded) paid, net	15,241,000	58,000
Other non-cash changes:
Other net comprehensive income	(185,251,000)	(23,622,000)
Reclass of seasoned loan portfolios to held-for-sale, net	3,574,000	11,660,000
Reclass of Mid-Atlantic loans held-for-sale to portfolio loans, net	0	29,418,000
Reclass of Mid-Atlantic deposits held-for-sale to deposits, net	0	7,197,000
Reclass of held-for-sale loans to held-for-investment, net	$ 606,000	$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The Consolidated Financial Statements (the “financial statements”) of Berkshire Hills Bancorp, Inc. and its subsidiaries (the “Company” or “Berkshire”) have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The Company is a Delaware corporation, headquartered in Boston, Massachusetts, and the holding company for Berkshire Bank (the “Bank”), a Massachusetts-chartered trust company headquartered in Pittsfield, Massachusetts. These financial statements include the accounts of the Company, its wholly-owned subsidiaries and the Bank’s consolidated subsidiaries. In consolidation, all significant intercompany accounts and transactions are eliminated. The results of operations of companies or assets acquired are included only from the dates of acquisition. All material wholly-owned and majority-owned subsidiaries are consolidated unless GAAP requires otherwise. The Company has evaluated subsequent events for potential recognition and/or disclosure through the date these financial statements were issued. These interim financial statements have been prepared in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X, and accordingly, certain information and footnote disclosures normally included in financial statements prepared according to GAAP have been omitted. The results for any interim period are not necessarily indicative of results for the full year. These consolidated financial statements should be read in conjunction with the audited financial statements and disclosures Berkshire Hills Bancorp, Inc. previously filed with the Securities and Exchange Commission in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. In management’s opinion, all adjustments necessary for a fair statement are reflected in the interim periods. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements. Actual results could differ from those estimates. Refer to Note 9 – Other Commitments, Contingencies, Off-Balance Sheet Activities, and Pandemic Impact for pandemic related risks and uncertainties. Recently Adopted Accounting Principles There were no new applicable material accounting pronouncements adopted by the Company since December 31, 2021. Future Application of Accounting Pronouncements In March 2022, the FASB issued ASU No. 2022-01, “Derivatives and Hedging (Topic 815): Fair Value Hedging – Portfolio Layer Method.” The guidance expands the current last-of-layer method to allow multiple hedge layers of a single closed portfolio (renamed to portfolio layer method) and expands the portfolio layer method to include nonprepayable financial assets. The ASU specifies eligible hedging instruments in a single-layer hedge and provides additional guidance on accounting for and disclosure of hedge basis adjustments that are applicable to the portfolio layer method. Further, hedge basis adjustments should be considered when determining credit losses for assets included in the closed portfolio. The amendments in this ASU are effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. Early adoption is permitted. The Company is still evaluating; however, the adoption is not expected to have a material impact on the Company’s Consolidated Financial Statements. In March 2022, the FASB issued ASU No. 2022-02, “Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures.” The ASU eliminates the troubled debt restructuring (“TDR”) accounting model that was adopted with Topic 326, “Financial Instruments – Credit Losses” and enhances disclosure requirements for certain loan refinancings and restructurings when a borrower is experiencing financial difficulty. The ASU requires prospective disclosure of current-period gross write-offs by year of origination. The amendments in this ASU are effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. Early adoption is permitted and the Company can elect to adopt the amendments about TDRs and related disclosure enhancements separately from the amendments related to vintage disclosures. The Company is still evaluating; however, the adoption is not expected to have a material impact on the Company’s Consolidated Financial Statements.

TRADING SECURITY

TRADING SECURITY	9 Months Ended
	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
TRADING SECURITY	TRADING SECURITYThe Company holds a tax-advantaged economic development bond accounted for at fair value. The security had an amortized cost of $7.3 million and $7.9 million, and a fair value of $6.8 million and $8.4 million, at September 30, 2022 and December 31, 2021, respectively. As discussed further in Note 7 - Derivative Financial Instruments and Hedging Activities, the Company entered into a swap contract to swap-out the fixed rate of the security in exchange for a variable rate. The Company does not purchase securities with the intent of selling them in the near term, and there were no other securities in the trading portfolio at September 30, 2022 or December 31, 2021.

SECURITIES AVAILABLE FOR SALE,

SECURITIES AVAILABLE FOR SALE, HELD TO MATURITY, AND MARKETABLE EQUITY SECURITIES	9 Months Ended
	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
SECURITIES AVAILABLE FOR SALE, HELD TO MATURITY, AND MARKETABLE EQUITY SECURITIES	SECURITIES AVAILABLE FOR SALE, HELD TO MATURITY, AND MARKETABLE EQUITY SECURITIES The following is a summary of securities available for sale, held to maturity, and marketable equity securities: (In thousands) Amortized Cost Gross Gross Fair Value Allowance September 30, 2022 Securities available for sale U.S Treasuries $ 19,997 $ 3 $ — $ 20,000 Municipal bonds and obligations 66,399 21 (5,854) 60,566 — Agency collateralized mortgage obligations 656,132 — (98,619) 557,513 — Agency mortgage-backed securities 660,065 1 (106,329) 553,737 — Agency commercial mortgage-backed securities 270,609 — (35,033) 235,576 — Corporate bonds 45,269 83 (2,451) 42,901 — Other bonds and obligations 655 67 (66) 656 — Total securities available for sale 1,719,126 175 (248,352) 1,470,949 — Securities held to maturity Municipal bonds and obligations 267,821 299 (36,446) 231,674 67 Agency collateralized mortgage obligations 132,931 — (19,965) 112,966 — Agency mortgage-backed securities 52,175 — (10,333) 41,842 — Agency commercial mortgage-backed securities 137,177 — (22,659) 114,518 — Tax advantaged economic development bonds 2,235 5 (142) 2,098 28 Other bonds and obligations 164 — — 164 — Total securities held to maturity 592,503 304 (89,545) 503,262 95 Marketable equity securities 15,035 — (2,245) 12,790 — Total $ 2,326,664 $ 479 $ (340,142) $ 1,987,001 $ 95 (In thousands) Amortized Cost Gross Gross Fair Value Allowance December 31, 2021 Securities available for sale U.S Treasuries $ 59,972 $ 1 $ — $ 59,973 $ — Municipal bonds and obligations 71,822 5,355 — 77,177 — Agency collateralized mortgage obligations 693,782 5,566 (11,012) 688,336 — Agency mortgage-backed securities 711,154 2,347 (7,642) 705,859 — Agency commercial mortgage-backed securities 300,259 3,949 (3,628) 300,580 — Corporate bonds 44,824 950 (114) 45,660 — Total securities available for sale 1,881,813 18,168 (22,396) 1,877,585 — Securities held to maturity Municipal bonds and obligations 281,515 16,151 (693) 296,973 70 Agency collateralized mortgage obligations 149,195 3,203 (3,513) 148,885 — Agency mortgage-backed securities 57,327 95 (1,498) 55,924 — Agency commercial mortgage-backed securities 145,573 266 (3,289) 142,550 — Tax advantaged economic development bonds 2,728 26 (15) 2,739 35 Other bonds and obligations 165 — — 165 — Total securities held to maturity 636,503 19,741 (9,008) 647,236 105 Marketable equity securities 15,689 67 (303) 15,453 — Total $ 2,534,005 $ 37,976 $ (31,707) $ 2,540,274 $ 105 The following table summarizes the activity in the allowance for credit losses for debt securities held to maturity by security type for the three and nine months ended September 30, 2022 and 2021: (In thousands) Municipal bonds and obligations Tax advantaged economic development bonds Total Balance at June 30, 2022 $ 66 $ 28 $ 94 Provision for credit losses 1 — 1 Balance at September 30, 2022 $ 67 $ 28 $ 95 (In thousands) Municipal bonds and obligations Tax advantaged economic development bonds Total Balance at June 30, 2021 $ 90 $ 40 $ 130 (Benefit)/provision for credit losses (3) (2) (5) Balance at September 30, 2021 $ 87 $ 38 $ 125 (In thousands) Municipal bonds and obligations Tax advantaged economic development bonds Total Balance at December 31, 2021 $ 70 $ 35 $ 105 (Benefit)/provision for credit losses (3) (7) (10) Balance at September 30, 2022 $ 67 $ 28 $ 95 (In thousands) Municipal bonds and obligations Tax advantaged economic development bonds Total Balance at December 31, 2020 $ 64 $ 40 $ 104 Provision/(benefit) for credit losses 23 (2) 21 Balance at September 30, 2021 $ 87 $ 38 $ 125 Credit Quality Information The Company monitors the credit quality of held to maturity securities through credit ratings from various rating agencies. Credit ratings express opinions about the credit quality of a security and are utilized by the Company to make informed decisions. Investment grade securities are rated BBB-/Baa3 or higher and generally considered by the rating agencies and market participants to be of low credit risk. Conversely, securities rated below investment grade are considered to have distinctively higher credit risk than investment grade securities. For securities without credit ratings, the Company utilizes other financial information indicating the financial health of the underlying municipality, agency, or organization. As of September 30, 2022, none of the Company's investment securities were delinquent or in non-accrual status. The amortized cost and estimated fair value of available for sale (“AFS”) and held to maturity (“HTM”) securities segregated by contractual maturity at September 30, 2022 are presented below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Mortgage-backed securities are shown in total, as their maturities are highly variable. Available for sale Held to maturity Amortized Fair Amortized Fair (In thousands) Cost Value Cost Value Within 1 year $ 20,441 $ 20,444 $ 1,711 $ 1,710 Over 1 year to 5 years 9,392 9,224 2,326 2,313 Over 5 years to 10 years 48,894 46,318 23,841 23,500 Over 10 years 53,593 48,137 242,342 206,413 Total bonds and obligations 132,320 124,123 270,220 233,936 Mortgage-backed securities 1,586,806 1,346,826 322,283 269,326 Total $ 1,719,126 $ 1,470,949 $ 592,503 $ 503,262 During the three and nine months ended September 30, 2022, purchases of AFS securities totaled $41.4 million and $428.1 million, respectively. During the three months ended September 30, 2022, there were no sales of AFS securities. During the nine months ended September 30, 2022, sales of AFS securities totaled $150 million. During the three and nine months ended September 30, 2021, purchases of AFS securities totaled $160.0 million and $429.0 million, respectively. During the three and nine months ended September 30, 2021, there were no sales of AFS securities. During the three months ended September 30, 2022, there were no gross gains or gross losses. During the nine months ended September 30, 2022, gross gains totaled $6 thousand and there were no gross losses. During the three and nine months ended September 30, 2021, there were no gross gains or losses on AFS securities. These gains and losses are included in gain/(loss) on securities, net on the consolidated statements of income. Securities available for sale and held to maturity with unrealized losses, segregated by the duration of their continuous unrealized loss positions, are summarized as follows: Less Than Twelve Months Over Twelve Months Total Gross Gross Gross Unrealized Fair Unrealized Fair Unrealized Fair (In thousands) Losses Value Losses Value Losses Value September 30, 2022 Securities available for sale U.S Treasuries $ — $ — $ — $ — $ — $ — Municipal bonds and obligations 5,854 52,279 — — 5,854 52,279 Agency collateralized mortgage obligations 26,129 293,758 72,490 263,754 98,619 557,512 Agency mortgage-backed securities 48,764 314,987 57,565 238,651 106,329 553,638 Agency commercial mortgage-backed securities 19,323 154,763 15,710 80,799 35,033 235,562 Corporate bonds 1,627 34,126 824 7,851 2,451 41,977 Other bonds and obligations — — 66 295 66 295 Total securities available for sale $ 101,697 $ 849,913 $ 146,655 $ 591,350 $ 248,352 $ 1,441,263 Securities held to maturity Municipal bonds and obligations $ 22,075 $ 166,539 $ 14,371 $ 23,286 $ 36,446 $ 189,825 Agency collateralized mortgage obligations 2,537 52,558 17,428 60,408 19,965 112,966 Agency mortgage-backed securities 340 2,410 9,993 39,432 10,333 41,842 Agency commercial mortgage-backed securities 4,156 25,094 18,503 89,423 22,659 114,517 Tax advantaged economic development bonds 1 213 141 1,023 142 1,236 Total securities held to maturity 29,109 246,814 60,436 213,572 89,545 460,386 Total $ 130,806 $ 1,096,727 $ 207,091 $ 804,922 $ 337,897 $ 1,901,649 December 31, 2021 Securities available for sale Agency collateralized mortgage obligations $ 9,626 $ 375,132 $ 1,386 $ 27,025 $ 11,012 $ 402,157 Agency mortgage-backed securities 3,179 222,887 4,463 175,941 7,642 398,828 Agency commercial mortgage-backed securities 1,609 103,354 2,019 49,313 3,628 152,667 Corporate bonds 114 11,115 — — 114 11,115 Total securities available for sale $ 14,528 $ 712,488 $ 7,868 $ 252,279 $ 22,396 $ 964,767 Securities held to maturity Municipal bonds and obligations $ 693 $ 36,981 $ — $ — $ 693 $ 36,981 Agency collateralized mortgage obligations 1,808 49,308 1,705 36,212 3,513 85,520 Agency mortgage-backed securities 839 26,656 659 26,025 1,498 52,681 Agency commercial mortgage-backed securities 1,255 80,406 2,034 51,654 3,289 132,060 Tax advantaged economic development bonds 15 1,255 — — 15 1,255 Total securities held to maturity 4,610 194,606 4,398 113,891 9,008 308,497 Total $ 19,138 $ 907,094 $ 12,266 $ 366,170 $ 31,404 $ 1,273,264 Debt Securities The Company expects to recover its amortized cost basis on all debt securities in its AFS and HTM portfolios. Furthermore, the Company does not intend to sell nor does it anticipate that it will be required to sell any of its securities in an unrealized loss position as of September 30, 2022, prior to this recovery. The Company’s ability and intent to hold these securities until recovery is supported by the Company’s strong capital and liquidity positions as well as its historically low portfolio turnover. The following summarizes, by investment security type, the basis for the conclusion that the debt securities in an unrealized loss position within the Company’s AFS and HTM portfolios were not other-than-temporarily impaired at September 30, 2022: AFS municipal bonds and obligations At September 30, 2022, 76 of the 95 securities in the Company’s portfolio of AFS municipal bonds and obligations were in unrealized loss positions. Aggregate unrealized losses represented 10.1% of the amortized cost of securities in unrealized loss positions. The Company continually monitors the municipal bond sector of the market carefully and periodically evaluates the appropriate level of exposure to the market. At this time, the Company feels the bonds in this portfolio carry minimal risk of default and the Company is appropriately compensated for that risk. There were no material underlying credit downgrades during the quarter. All securities are performing. AFS collateralized mortgage obligations At September 30, 2022, 245 of the 248 securities in the Company’s portfolio of AFS collateralized mortgage obligations were in unrealized loss positions. Aggregate unrealized losses represented 15.0% of the amortized cost of securities in unrealized loss positions. The Federal National Mortgage Association (“FNMA”), Federal Home Loan Mortgage Corporation (“FHLMC”), and Government National Mortgage Association (“GNMA”) guarantee the contractual cash flows of all of the Company’s collateralized mortgage obligations. The securities are investment grade rated and there were no material underlying credit downgrades during the quarter. All securities are performing. AFS commercial and residential mortgage-backed securities At September 30, 2022, 136 of the 139 securities in the Company’s portfolio of AFS mortgage-backed securities were in unrealized loss positions. Aggregate unrealized losses represented 15.2% of the amortized cost of securities in unrealized loss positions. The FNMA, FHLMC, and GNMA guarantee the contractual cash flows of all of the Company’s mortgage-backed securities. The securities are investment grade rated and there were no material underlying credit downgrades during the quarter. All securities are performing. AFS corporate bonds At September 30, 2022, 14 of the 15 securities in the Company’s portfolio of AFS corporate bonds were in unrealized loss positions. Aggregate unrealized losses represents 5.5% of the amortized cost of the bonds in unrealized loss positions. The Company reviews the financial strength of all of these bonds and has concluded that the amortized cost remains supported by the expected future cash flows of these securities. AFS other bonds and obligations At September 30, 2022, 2 of the 3 securities in the Company’s portfolio of AFS other bonds and obligations were in unrealized loss positions. Aggregate unrealized losses represents 18.3% of the amortized cost of the bonds in unrealized loss positions. The Company reviews the financial strength of all of these bonds and has concluded that the amortized cost remains supported by the expected future cash flows of these securities. HTM municipal bonds and obligations At September 30, 2022, 148 of the 192 securities in the Company’s portfolio of HTM municipal bonds and obligations were in unrealized loss positions. Aggregate unrealized losses represented 16.1% of the amortized cost of securities in unrealized loss positions. The Company continually monitors the municipal bond sector of the market carefully and periodically evaluates the appropriate level of exposure to the market. At this time, the Company feels the bonds in this portfolio carry minimal risk of default and the Company is appropriately compensated for that risk. There were no material underlying credit downgrades during the quarter. All securities are performing. HTM collateralized mortgage obligations At September 30, 2022, 13 of the 13 securities in the Company’s portfolio of HTM collateralized mortgage obligations were in unrealized loss positions. Aggregate unrealized losses represented 15.0% of the amortized cost of the securities in unrealized loss positions. The FNMA, FHLMC, and GNMA guarantee the contractual cash flows of all of the Company's collateralized residential mortgage obligations. The securities are investment grade rated, and there were no material underlying credit downgrades during the quarter. All securities are performing. HTM commercial and residential mortgage-backed securities At September 30, 2022, 17 of the 17 securities in the Company’s portfolio of HTM mortgage-backed securities were in unrealized loss positions. Aggregate unrealized losses represented 17.4% of the amortized cost of securities in unrealized loss positions. The FNMA, FHLMC, and GNMA guarantee the contractual cash flows of the Company’s mortgage-backed securities. The securities are investment grade rated and there were no material underlying credit downgrades during the quarter. All securities are performing. HTM tax-advantaged economic development bonds At September 30, 2022, 2 of the 3 securities in the Company’s portfolio of tax-advantaged economic development bonds was in unrealized loss positions. Aggregate unrealized losses represented 10.3% of the amortized cost of the security in unrealized loss positions. The Company believes that more likely than not all the principal outstanding will be collected. All securities are performing.

LOANS AND ALLOWANCE FOR CREDIT

LOANS AND ALLOWANCE FOR CREDIT LOSSES	9 Months Ended
	Sep. 30, 2022
Credit Loss [Abstract]
LOANS AND ALLOWANCE FOR CREDIT LOSSES	LOANS AND ALLOWANCE FOR CREDIT LOSSES The following is a summary of total loans by regulatory call report code with sub-segmentation based on underlying collateral for certain loan types: (In thousands) September 30, 2022 December 31, 2021 Construction $ 367,997 $ 324,282 Commercial multifamily 612,890 515,817 Commercial real estate owner occupied 632,001 606,477 Commercial real estate non-owner occupied 2,285,770 2,156,929 Commercial and industrial 1,395,172 1,284,429 Residential real estate 2,128,039 1,489,248 Home equity 234,027 252,366 Consumer other 287,585 196,299 Total loans $ 7,943,481 $ 6,825,847 Allowance for credit losses 96,013 106,094 Net loans $ 7,847,468 $ 6,719,753 As of September 30, 2022 and December 31, 2021, outstanding loans originated under the Small Business Administration ("SBA") Paycheck Protection Program ("PPP") totaled $10.3 million and $29.9 million, respectively. These loans are 100% guaranteed by the SBA and the full principal amount of the loan may qualify for forgiveness. These loans are included in commercial and industrial. During the three and nine months ended September 30, 2022, the Company reclassified $3.6 million of commercial real estate non-owner occupied loans to held for sale, reflecting its intent to sell these loans. During the three months ended September 30, 2021, there were no loans reclassified to held for sale. During the nine months ended September 30, 2021, the Company reclassified $11.7 million of commercial loans to held for sale, reflecting its intent to sell these loans. Held for sale loans are not contained in the balances within this note and are accounted for at the lower of carrying value or fair market value within loans held for sale on the Consolidated Balance Sheet. Risk characteristics relevant to each portfolio segment are as follows: Construction - Loans in this segment primarily include real estate development loans for which payment is derived from sale of the property or long term financing at completion. Credit risk is affected by cost overruns, time to sell at an adequate price, and market conditions. Commercial real estate multifamily, owner occupied and non-owner - Loans in these segments are primarily owner-occupied or income-producing properties throughout New England and Northeastern New York. The underlying cash flows generated by the properties are adversely impacted by a downturn in the economy, which in turn, will have an effect on the credit quality in this segment. Management monitors the cash flows of these loans. Commercial and industrial loans - Loans in this segment are made to businesses and are generally secured by assets of the business such as accounts receivable, inventory, marketable securities, other liquid collateral, equipment and other business assets. Repayment is expected from the cash flows of the business. Loans in this segment include asset based loans which generally have no scheduled repayment and which are closely monitored against formula based collateral advance ratios. A weakened economy, and resultant decreased consumer spending, will have an effect on the credit quality in this segment. Residential real estate - All loans in this segment are collateralized by residential real estate and repayment is dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment. Home equity and other consumer loans - Loans in this segment are primarily home equity lines of credit, automobile loans and other consumer loans. The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment. Allowance for Credit Losses for Loans The Allowance for Credit Losses for Loans (“ACLL”) is comprised of the allowance for loan losses, and the allowance for unfunded commitments is accounted for as a separate liability in other liabilities on the balance sheet. The level of the ACLL represents management’s estimate of expected credit losses over the expected life of the loans at the balance sheet date. The Company uses a static pool migration analysis method, applying expected historical loss trend and observed economic metrics. The level of the ACLL is based on management’s ongoing review of all relevant information, from internal and external sources, relating to past and current events, utilizing a 7 quarter reasonable and supportable forecast period with a 1 year reversion period. The ACLL reserve is overlaid with qualitative factors based upon: • the existence and growth of concentrations of credit; • the volume and severity of past due financial assets, including nonaccrual assets; • the institutions lending and credit review as well as the experience and ability of relevant management and staff and; • the effect of other external factors such as regulatory, competition, regional market conditions, legal and technological environment and other events such as natural disasters; • the effect of other economic factors such as economic stimulus and customer forbearance programs. The allowance for unfunded commitments is maintained at a level by the Company to be sufficient to absorb expected lifetime losses related to unfunded credit facilities (including unfunded loan commitments and letters of credit) and is included in other liabilities on the consolidated balance sheet. The Company’s activity in the allowance for credit losses for loans for the three and nine months ended September 30, 2022 and September 30, 2021 was as follows: (In thousands) Balance at Beginning of Period Charge-offs Recoveries Provision for Credit Losses Balance at End of Period Three months ended September 30, 2022 Construction $ 1,710 $ — $ — $ (479) $ 1,231 Commercial multifamily 4,621 (94) 112 (2,919) 1,720 Commercial real estate owner occupied 10,687 (176) 256 (582) 10,185 Commercial real estate non-owner occupied 26,166 (1,012) 153 4,114 29,421 Commercial and industrial 22,914 (5,545) 616 650 18,635 Residential real estate 16,411 (102) 131 3,398 19,838 Home equity 2,828 (9) 9 (407) 2,421 Consumer other 13,684 (486) 140 (776) 12,562 Total allowance for credit losses $ 99,021 $ (7,424) $ 1,417 $ 2,999 $ 96,013 (In thousands) Balance at Beginning of Period Charge-offs Recoveries Provision for Credit Losses Balance at End of Period Three months ended September 30, 2021 Construction $ 3,919 $ — $ — $ 714 $ 4,633 Commercial multifamily 7,197 — — (46) 7,151 Commercial real estate owner occupied 13,242 (84) 32 (342) 12,848 Commercial real estate non-owner occupied 30,315 (1,676) 267 2,870 31,776 Commercial and industrial 28,225 (1,279) 1,373 (2,385) 25,934 Residential real estate 23,643 (903) 312 (107) 22,945 Home equity 5,432 (12) 80 (845) 4,655 Consumer other 7,071 (380) 137 (3,854) 2,974 Total allowance for credit losses $ 119,044 $ (4,334) $ 2,201 $ (3,995) $ 112,916 (In thousands) Balance at Beginning of Period Charge-offs Recoveries Provision for Credit Losses Balance at End of Period Nine months ended September 30, 2022 Construction $ 3,206 $ — $ — $ (1,975) $ 1,231 Commercial multifamily 6,120 (94) 112 (4,418) 1,720 Commercial real estate owner occupied 12,752 (603) 562 (2,526) 10,185 Commercial real estate non-owner occupied 32,106 (5,895) 1,464 1,746 29,421 Commercial and industrial 22,584 (6,951) 2,485 517 18,635 Residential real estate 22,406 (480) 719 (2,807) 19,838 Home equity 4,006 (9) 255 (1,831) 2,421 Consumer other 2,914 (1,031) 375 10,304 12,562 Total allowance for credit losses $ 106,094 $ (15,063) $ 5,972 $ (990) $ 96,013 (In thousands) Balance at Beginning of Period Charge-offs Recoveries Provision for Credit Losses Balance at End of Period Nine months ended September 30, 2021 Construction $ 5,111 $ — $ — $ (478) $ 4,633 Commercial multifamily 5,916 (239) 157 1,317 7,151 Commercial real estate owner occupied 12,380 (686) 83 1,071 12,848 Commercial real estate non-owner occupied 35,850 (10,896) 571 6,251 31,776 Commercial and industrial 25,013 (8,184) 3,284 5,821 25,934 Residential real estate 28,491 (1,501) 1,417 (5,462) 22,945 Home equity 6,482 (253) 119 (1,693) 4,655 Consumer other 8,059 (1,283) 546 (4,348) 2,974 Total allowance for credit losses $ 127,302 $ (23,042) $ 6,177 $ 2,479 $ 112,916 The Company’s allowance for credit losses on unfunded commitments is recognized as a liability (other liabilities on the consolidated balance sheet), with adjustments to the reserve recognized in other noninterest expense in the consolidated statement of income. The Company’s activity in the allowance for credit losses on unfunded commitments for the three and nine months ended September 30, 2022 and 2021 was as follows: Three Months Ended (In thousands) 2022 2021 Balance at beginning of period $ 7,043 $ 7,829 Expense for credit losses 700 — Balance at end of period $ 7,743 $ 7,829 Nine Months Ended (In thousands) 2022 2021 Balance at beginning of period $ 7,043 $ 7,629 Expense for credit losses 700 200 Balance at end of period $ 7,743 $ 7,829 Credit Quality Information The Company monitors the credit quality of its portfolio by using internal risk ratings that are based on regulatory guidance. Loans that are given a Pass rating are not considered a problem credit. Loans that are classified as Special Mention loans are considered to have potential weaknesses and are evaluated closely by management. Substandard, including non-accruing loans, are loans for which a definitive weakness has been identified and which may make full collection of contractual cash flows questionable. Doubtful loans are those with identified weaknesses that make full collection of contractual cash flows, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. For commercial credits, the Company assigns an internal risk rating at origination and reviews the rating annual, semiannually, or quarterly depending on the risk rating. The rating is also reassessed at any point in time when management becomes aware of information that may affect the borrower’s ability to fulfill their obligations. The Company risk rates its residential mortgages, including 1-4 family and residential construction loans, based on a three rating system: Pass, Special Mention, and Substandard. Loans that are current within 59 days are rated Pass. Residential mortgages that are 60-89 days delinquent are rated Special Mention. Loans delinquent for 90 days or greater are rated Substandard and generally placed on non-accrual status. The following table presents the Company’s loans by risk category: Term Loans Amortized Cost Basis by Origination Year (In thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of September 30, 2022 Construction Risk rating Pass $ 117,627 $ 129,188 $ 31,541 $ 65,388 $ 2,331 $ 2,103 $ — $ — $ 348,178 Special Mention — — — — — — — — — Substandard — — — — 19,819 — — — 19,819 Total $ 117,627 $ 129,188 $ 31,541 $ 65,388 $ 22,150 $ 2,103 $ — $ — $ 367,997 Commercial multifamily: Risk rating Pass $ 194,494 $ 61,247 $ 27,732 $ 94,937 $ 68,290 $ 157,611 $ 400 $ — $ 604,711 Special Mention — — 2,646 — 5,533 — — — 8,179 Substandard — — — — — — — — — Total $ 194,494 $ 61,247 $ 30,378 $ 94,937 $ 73,823 $ 157,611 $ 400 $ — $ 612,890 Commercial real estate owner occupied: Risk rating Pass $ 101,409 $ 133,212 $ 60,422 $ 84,434 $ 76,062 $ 164,207 $ 3,169 $ — $ 622,915 Special Mention — — — — — 114 — — 114 Substandard 1,033 122 31 366 1,311 6,109 — — 8,972 Total $ 102,442 $ 133,334 $ 60,453 $ 84,800 $ 77,373 $ 170,430 $ 3,169 $ — $ 632,001 Commercial real estate non-owner occupied: Risk rating Pass $ 421,349 $ 445,515 $ 168,958 $ 291,942 $ 296,356 $ 568,691 $ 18,051 $ — $ 2,210,862 Special Mention — — — 13,686 — 31,073 — — 44,759 Substandard — — 7,333 — 16,081 6,735 — — 30,149 Total $ 421,349 $ 445,515 $ 176,291 $ 305,628 $ 312,437 $ 606,499 $ 18,051 $ — $ 2,285,770 Commercial and industrial: Risk rating Pass $ 175,428 $ 159,122 $ 81,452 $ 75,464 $ 95,370 $ 109,382 $ 635,314 $ — $ 1,331,532 Special Mention — — — 667 12,558 — — — 13,225 Substandard 91 559 4,215 9,044 1,420 3,297 31,711 — 50,337 Doubtful — — — — — — 78 — 78 Total $ 175,519 $ 159,681 $ 85,667 $ 85,175 $ 109,348 $ 112,679 $ 667,103 $ — $ 1,395,172 Residential real estate Risk rating Pass $ 770,095 $ 281,469 $ 100,116 $ 73,592 $ 147,992 $ 736,711 $ 286 $ — $ 2,110,261 Special Mention — — 158 — — 1,942 — — 2,100 Substandard — 3,254 — 274 2,086 10,064 — — 15,678 Total $ 770,095 $ 284,723 $ 100,274 $ 73,866 $ 150,078 $ 748,717 $ 286 $ — $ 2,128,039 Term Loans Amortized Cost Basis by Origination Year (In thousands) 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of December 31, 2021 Construction Risk rating Pass $ 71,784 $ 52,725 $ 117,784 $ 66,950 $ 3,839 $ 1,721 $ 50 $ — $ 314,853 Special Mention — — — — — — — — — Substandard — — — 9,429 — — — — 9,429 Total $ 71,784 $ 52,725 $ 117,784 $ 76,379 $ 3,839 $ 1,721 $ 50 $ — $ 324,282 Commercial multifamily: Risk rating Pass $ 63,630 $ 28,172 $ 98,455 $ 59,720 $ 76,699 $ 176,020 $ 457 $ — $ 503,153 Special Mention — 2,700 — 5,598 — — — — 8,298 Substandard — — — — — 4,230 136 — 4,366 Total $ 63,630 $ 30,872 $ 98,455 $ 65,318 $ 76,699 $ 180,250 $ 593 $ — $ 515,817 Commercial real estate owner occupied: Risk rating Pass $ 154,434 $ 50,236 $ 85,687 $ 91,316 $ 45,995 $ 157,346 $ 3,206 $ — $ 588,220 Special Mention — 525 869 1,668 1,405 1,157 — — 5,624 Substandard — — 2,113 1,593 838 8,089 — — 12,633 Total $ 154,434 $ 50,761 $ 88,669 $ 94,577 $ 48,238 $ 166,592 $ 3,206 $ — $ 606,477 Commercial real estate non-owner occupied: Risk rating Pass $ 426,086 $ 176,172 $ 296,985 $ 349,947 $ 204,043 $ 585,044 $ 19,511 $ — $ 2,057,788 Special Mention — 221 3,472 7,632 2,302 27,268 — — 40,895 Substandard — 7,588 — 2,784 33,472 14,303 99 — 58,246 Total $ 426,086 $ 183,981 $ 300,457 $ 360,363 $ 239,817 $ 626,615 $ 19,610 $ — $ 2,156,929 Commercial and industrial: Risk rating Pass $ 187,257 $ 130,520 $ 114,153 $ 156,443 $ 54,190 $ 136,837 $ 424,393 $ — $ 1,203,793 Special Mention 661 1,691 10,824 5,092 1,433 488 22,468 — 42,657 Substandard 211 2,494 9,609 3,145 2,020 2,330 17,935 — 37,744 Doubtful — — — — — 15 220 — 235 Total $ 188,129 $ 134,705 $ 134,586 $ 164,680 $ 57,643 $ 139,670 $ 465,016 $ — $ 1,284,429 Residential real estate Risk rating Pass $ 214,306 $ 114,536 $ 86,997 $ 169,537 $ 189,980 $ 697,401 $ 293 $ — $ 1,473,050 Special Mention — — — 120 502 1,557 — — 2,179 Substandard 1,239 — 142 1,849 2,161 8,628 — — 14,019 Total $ 215,545 $ 114,536 $ 87,139 $ 171,506 $ 192,643 $ 707,586 $ 293 $ — $ 1,489,248 For home equity and consumer other loan portfolio segments, Berkshire evaluates credit quality based on the aging status of the loan and by payment activity. The performing or nonperforming status is updated on an ongoing basis dependent upon improvement and deterioration in credit quality. The following table presents the amortized cost based on payment activity: Term Loans Amortized Cost Basis by Origination Year (In thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of September 30, 2022 Home equity: Payment performance Performing $ — $ 117 $ 457 $ — $ — $ 19 $ 231,218 $ — $ 231,811 Nonperforming — — — — — — 2,216 — 2,216 Total $ — $ 117 $ 457 $ — $ — $ 19 $ 233,434 $ — $ 234,027 Consumer other: Payment performance Performing $ 159,609 $ 30,603 $ 8,901 $ 14,548 $ 33,215 $ 30,817 $ 8,035 $ — $ 285,728 Nonperforming 279 165 20 271 562 553 7 — 1,857 Total $ 159,888 $ 30,768 $ 8,921 $ 14,819 $ 33,777 $ 31,370 $ 8,042 $ — $ 287,585 Term Loans Amortized Cost Basis by Origination Year (In thousands) 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of December 31, 2021 Home equity: Payment performance Performing $ 125 $ 469 $ — $ — $ — $ 24 $ 249,590 $ — $ 250,208 Nonperforming — — — — — — 2,158 — 2,158 Total $ 125 $ 469 $ — $ — $ — $ 24 $ 251,748 $ — $ 252,366 Consumer other: Payment performance Performing $ 37,994 $ 11,189 $ 21,548 $ 55,577 $ 30,632 $ 28,797 $ 7,505 $ — $ 193,242 Nonperforming 8 46 290 797 746 1,139 31 — 3,057 Total $ 38,002 $ 11,235 $ 21,838 $ 56,374 $ 31,378 $ 29,936 $ 7,536 $ — $ 196,299 The following is a summary of loans by past due status at September 30, 2022 and December 31, 2021: (In thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans September 30, 2022 Construction $ — $ — $ — $ — $ 367,997 $ 367,997 Commercial multifamily — — — — 612,890 612,890 Commercial real estate owner occupied 391 114 3,831 4,336 627,665 632,001 Commercial real estate non-owner occupied 368 3 206 577 2,285,193 2,285,770 Commercial and industrial 2,844 1,192 22,986 27,022 1,368,150 1,395,172 Residential real estate 4,566 2,281 13,038 19,885 2,108,154 2,128,039 Home equity 170 206 2,216 2,592 231,435 234,027 Consumer other 1,720 809 1,862 4,391 283,194 287,585 Total $ 10,059 $ 4,605 $ 44,139 $ 58,803 $ 7,884,678 $ 7,943,481 (In thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans December 31, 2021 Construction $ — $ — $ — $ — $ 324,282 $ 324,282 Commercial multifamily 82 306 187 575 515,242 515,817 Commercial real estate owner occupied — 400 4,221 4,621 601,856 606,477 Commercial real estate non-owner occupied 25,420 653 9,049 35,122 2,121,807 2,156,929 Commercial and industrial 2,700 709 6,836 10,245 1,274,184 1,284,429 Residential real estate 5,529 2,015 13,264 20,808 1,468,440 1,489,248 Home equity 258 108 2,158 2,524 249,842 252,366 Consumer other 1,363 320 2,882 4,565 191,734 196,299 Total $ 35,352 $ 4,511 $ 38,597 $ 78,460 $ 6,747,387 $ 6,825,847 The following is a summary of loans on nonaccrual status and loans past due 90 days or more and still accruing as of September 30, 2022 and December 31, 2021: (In thousands) Nonaccrual Amortized Cost Nonaccrual With No Related Allowance Past Due 90 Days or Greater and Accruing Interest Income Recognized on Nonaccrual At or for the three months ended September 30, 2022 Construction $ — $ — $ — $ — Commercial multifamily — — — — Commercial real estate owner occupied 2,722 1,987 1,109 — Commercial real estate non-owner occupied 206 80 — — Commercial and industrial 20,977 18,292 2,009 — Residential real estate 10,703 6,355 2,335 — Home equity 1,725 518 491 — Consumer other 1,520 2 342 — Total $ 37,853 $ 27,234 $ 6,286 $ — The commercial and industrial loans nonaccrual amortized cost as of September 30, 2022 included medallion loans with a fair value of $0.8 million and a contractual balance of $13.4 million. (In thousands) Nonaccrual Amortized Cost Nonaccrual With No Related Allowance Past Due 90 Days or Greater and Accruing Interest Income Recognized on Nonaccrual At or for the three months ended December 31, 2021 Construction $ — $ — $ — $ — Commercial multifamily 187 187 — — Commercial real estate owner occupied 4,221 2,413 — — Commercial real estate non-owner occupied 8,877 8,412 172 — Commercial and industrial 6,747 1,506 89 — Residential real estate 10,698 6,511 2,566 — Home equity 1,901 141 257 — Consumer other 2,695 4 187 — Total $ 35,326 $ 19,174 $ 3,271 $ — The commercial and industrial loans nonaccrual amortized cost as of December 31, 2021 included medallion loans with a fair value of $1.2 million and a contractual balance of $31.4 million. The following table summarizes information about total loans rated Special Mention or lower at September 30, 2022 and December 31, 2021. The table below includes consumer loans that are Special Mention and Substandard accruing that are classified as performing based on payment activity. (In thousands) September 30, 2022 December 31, 2021 Non-Accrual $ 37,853 $ 35,326 Substandard Accruing 88,649 106,560 Total Classified 126,502 141,886 Special Mention 69,530 100,071 Total Criticized $ 196,032 $ 241,957 A financial asset is considered collateral-dependent when the debtor is experiencing financial difficulty and repayment is expected to be provided substantially through the sale or operation of the collateral. Expected credit losses for collateral-dependent loans are based on the fair value of the collateral at the reporting date, adjusted for selling costs as appropriate. Significant quarter over quarter changes are reflective of changes in nonaccrual status and not necessarily associated with credit quality indicators like appraisal value. The following table presents the amortized cost basis of individually analyzed collateral-dependent loans by loan portfolio segment: Type of Collateral (In thousands) Real Estate Investment Securities/Cash Other September 30, 2022 Construction $ — $ — $ — Commercial multifamily — — Commercial real estate owner occupied 3,380 — — Commercial real estate non-owner occupied 394 — — Commercial and industrial 461 — 19,113 Residential real estate 5,537 — — Home equity 638 — — Consumer other 4 — — Total loans $ 10,414 $ — $ 19,113 December 31, 2021 Construction $ 9,429 $ — $ — Commercial multifamily 188 — — Commercial real estate owner occupied 4,466 — — Commercial real estate non-owner occupied 9,501 — — Commercial and industrial 526 — 1,040 Residential real estate 7,035 — — Home equity 262 — — Consumer other 2 — — Total loans $ 31,409 $ — $ 1,040 Troubled Debt Restructuring Loans The Company’s loan portfolio also includes certain loans that have been modified in a Troubled Debt Restructuring ("TDR"), where economic concessions have been granted to borrowers who have experienced or are expected to experience financial difficulties. These concessions typically result from the Company’s loss mitigation activities and could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance, or other actions. Certain TDRs are classified as nonperforming at the time of restructure and may only be returned to performing status after considering the borrower’s sustained repayment performance for a reasonable period, generally six months. TDRs are evaluated individually for impairment and may result in a specific allowance amount allocated to an individual loan. The following table presents activity in TDRs for the three and nine months ended September 30, 2022 and September 30, 2021: (In thousands) Balance at Beginning of Period Principal Payments TDR Status Change Other Additions/(Reductions) Newly Identified TDRs Balance at End of Period Three months ended September 30, 2022 Construction $ — $ — $ — $ — $ — $ — Commercial multifamily 677 (7) — (175) — 495 Commercial real estate owner occupied 2,701 (28) — (16) — 2,657 Commercial real estate non-owner occupied 986 (13) — — — 973 Commercial and industrial 4,651 (426) — (15) — 4,210 Residential real estate 1,019 (17) — — — 1,002 Home equity 162 (62) — — — 100 Consumer other 30 (2) — — 545 573 Total $ 10,226 $ (555) $ — $ (206) $ 545 $ 10,010 (In thousands) Balance at Beginning of Period Principal Payments TDR Status Change Other Additions/(Reductions) Newly Identified TDRs Balance at End of Period Three months ended September 30, 2021 Construction $ — $ — $ — $ — $ — $ — Commercial multifamily 728 (11) — — — 717 Commercial real estate owner occupied 2,962 (33) — — — 2,929 Commercial real estate non-owner occupied 24,488 (67) — (10,967) — 13,454 Commercial and industrial 6,810 (387) — (3,105) 283 3,601 Residential real estate 1,305 (160) — — — 1,145 Home equity 127 (3) — — — 124 Consumer other 37 (2) — (1) — 34 Total $ 36,457 $ (663) $ — $ (14,073) $ 283 $ 22,004 (In thousands) Balance at Beginning of Period Principal Payments TDR Status Change Other Additions/(Reductions) Newly Identified TDRs Balance at End of Period Nine months ended September 30, 2022 Construction $ 9,429 $ — $ — $ (9,429) $ — $ — Commercial multifamily 703 (33) — (175) — 495 Commercial real estate owner occupied 2,733 (60) — (16) — 2,657 Commercial real estate non-owner occupied 9,310 (25) — (8,312) — 973 Commercial and industrial 3,656 (768) — (164) 1,486 4,210 Residential real estate 1,117 (48) — (67) — 1,002 Home equity 121 (71) — — 50 100 Consumer other 33 (5) — — 545 573 Total $ 27,102 $ (1,010) $ — $ (18,163) $ 2,081 $ 10,010 (In thousands) Balance at Beginning of Period Principal Payments TDR Status Change Other Additions/(Reductions) Newly Identified TDRs Balance at End of Period Nine months ended September 30, 2021 Construction $ — $ — $ — $ — $ — $ — Commercial multifamily 754 (37) — — — 717 Commercial real estate owner occupied 1,731 (68) — — 1,266 2,929 Commercial real estate non-owner occupied 13,684 (163) — (11,046) 10,979 13,454 Commercial and industrial 2,686 (815) — (3,141) 4,871 3,601 Residential real estate 1,524 (205) — (174) — 1,145 Home equity 133 (9) — — — 124 Consumer other 36 (7) — 5 — 34 Total $ 20,548 $ (1,304) $ — $ (14,356) $ 17,116 $ 22,004 The following table presents loans modified as TDRs that occurred during the three and nine months ended September 30, 2022 and 2021: (dollars in thousands) Total Three months ended September 30, 2022 TDR: Number of loans 30 Pre-modification outstanding recorded investment $ 545 Post-modification outstanding recorded investment $ 545 Three months ended September 30, 2021 TDR: Number of loans 2 Pre-modification outstanding recorded investment $ 283 Post-modification outstanding recorded investment $ 283 (dollars in thousands) Total Nine months ended September 30, 2022 TDR: Number of loans 32 Pre-modification outstanding recorded investment $ 2,081 Post-modification outstanding recorded investment $ 2,081 Nine months ended September 30, 2021 TDR: Number of loans 15 Pre-modification outstanding recorded investment $ 17,116 Post-modification outstanding recorded investment $ 17,116 There were no TDRs for which there was a payment default within twelve months following the modification during the three months ending September 30, 2022. The following table presents loans by portfolio segment modified as TDRs for which there was a payment default within twelve months following the modification during the nine months ended September 30, 2022: (in thousands) Number of Loans Recorded Investment Nine months ended September 30, 2022 Commercial and industrial 1 $ 105 Total 1 $ 105 There were no TDRs for which there was a payment default within twelve months following the modification during the three and nine months ended September 30, 2021. Between March 2020 and December 2021, the Company offered three-month payment deferrals for customers with a current payment status who were negatively impacted by economic disruption caused by the COVID-19 pandemic. Refer to Note 9 - Other Commitments, Contingencies, and Off-Balance Sheet Activities, and Pandemic Impact for more information regarding these modifications.

DEPOSITS

DEPOSITS	9 Months Ended
	Sep. 30, 2022
Deposits [Abstract]
DEPOSITS	DEPOSITS A summary of time deposits is as follows: (In thousands) September 30, December 31, Time less than $100,000 $ 533,683 $ 676,979 Time $100,000 through $250,000 631,551 610,174 Time more than $250,000 380,022 391,787 Total time deposits $ 1,545,256 $ 1,678,940 Included in total deposits were brokered deposits of $163.5 million and $228.1 million at September 30, 2022 and December 31, 2021, respectively. Included in total deposits were reciprocal deposits of $71.3 million and $89.2 million at September 30, 2022 and December 31, 2021, respectively.

BORROWED FUNDS

BORROWED FUNDS	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
BORROWED FUNDS	BORROWED FUNDS Borrowed funds at September 30, 2022 and December 31, 2021 are summarized as follows: September 30, 2022 December 31, 2021 Weighted Weighted Average Average (Dollars in thousands) Principal Rate Principal Rate Short-term borrowings: Advances from the FHLB $ — — % $ — — % Total short-term borrowings: — — — — Long-term borrowings: Advances from the FHLB and other borrowings 4,494 0.71 13,331 1.75 Subordinated borrowings 98,038 5.50 74,590 7.00 Junior subordinated borrowing - Trust I 15,464 4.81 15,464 2.01 Junior subordinated borrowing - Trust II 7,499 4.99 7,459 1.90 Total long-term borrowings: 125,495 5.21 110,844 5.33 Total $ 125,495 5.21 % $ 110,844 5.33 % Short-term debt includes Federal Home Loan Bank (“FHLB”) advances with an original maturity of less than one year. The Bank also maintains a $3.0 million secured line of credit with the FHLB that bears a daily adjustable rate calculated by the FHLB. There was no outstanding balance on the FHLB line of credit for the periods ended September 30, 2022 and December 31, 2021. The Bank's available borrowing capacity with the FHLB was $1.2 billion and $1.5 billion for the periods ended September 30, 2022 and December 31, 2021. The Bank is approved to borrow on a short-term basis from the Federal Reserve Bank of Boston as a non-member bank. The Bank has pledged certain loans and securities to the Federal Reserve Bank to support this arrangement. No borrowings with the Federal Reserve Bank under this arrangement took place for the periods ended September 30, 2022 and December 31, 2021. As a participant in the SBA Paycheck Protection Program ("PPP"), the Bank may pledge originated loans as collateral at face value to the Federal Reserve Bank of Boston for term financings. As of September 30, 2022 and December 31, 2021, the Bank had no pledged PPP loans. The Bank's available borrowing capacity with the Federal Reserve Bank was $590.5 million and $511.0 million for the periods ended September 30, 2022 and December 31, 2021, respectively. Long-term FHLB advances consist of advances with an original maturity of more than one year and are subject to prepayment penalties. There were no callable advances outstanding at September 30, 2022. The advances outstanding at September 30, 2022 included amortizing advances totaling $4.4 million. The advances outstanding at December 31, 2021 included callable advances totaling $10.0 million and amortizing advances totaling $3.4 million. All FHLB borrowings, including the line of credit, are secured by a blanket security agreement on certain qualified collateral, principally all residential first mortgage loans and certain securities. A summary of maturities of FHLB advances as of September 30, 2022 is as follows: September 30, 2022 Weighted Average (In thousands, except rates) Principal Rate Fixed rate advances maturing: 2022 $ — — % 2023 — — 2024 28 — 2025 — — 2025 and beyond 4,466 0.71 Total FHLB advances $ 4,494 0.71 % The Company did not have variable-rate FHLB advances for the periods ended September 30, 2022 and December 31, 2021, respectively. In June 2022, the Company issued ten year subordinated notes in the amount of $100.0 million. The interest rate is fixed at 5.50% for the first five years. After five years, the notes become callable and will bear interest at a floating rate per annum equal to a benchmark rate (which is expected to be Three-Month Term SOFR), plus 249 basis points. The subordinated note includes reduction to the note principal balance of $2.0 million for unamortized debt issuance costs as of September 30, 2022. In September 2022, the Company called the fifteen year subordinated notes that were issued in September 2012 in the amount of $75 million. The Company holds 100% of the common stock of Berkshire Hills Capital Trust I (“Trust I”) which is included in other assets at a cost of $0.5 million. The sole asset of Trust I is $15.5 million of the Company’s junior subordinated debentures due in 2035. These debentures bear interest at a variable rate equal to LIBOR plus 1.85% and had a rate of 4.81% and 2.01% at September 30, 2022 and December 31, 2021, respectively. The Company has the right to defer payments of interest for up to five years on the debentures at any time, or from time to time, with certain limitations, including a restriction on the payment of dividends to shareholders while such interest payments on the debentures have been deferred. The Company has not exercised this right to defer payments. The Company has the right to redeem the debentures at par value. Trust I is considered a variable interest entity for which the Company is not the primary beneficiary. Accordingly, Trust I is not consolidated into the Company’s financial statements. The Company holds 100% of the common stock of SI Capital Trust II (“Trust II”) which is included in other assets at a cost of $0.2 million. The sole asset of Trust II is $8.2 million of the Company’s junior subordinated debentures due in 2036. These debentures bear interest at a variable rate equal to LIBOR plus 1.70% and had a rate of 4.99% and 1.90% at September 30, 2022 and December 31, 2021, respectively. The Company has the right to defer payments of interest for up to five years on the debentures at any time, or from time to time, with certain limitations, including a restriction on the payment of dividends to shareholders while such interest payments on the debentures have been deferred. The Company has not exercised this right to defer payments. The Company has the right to redeem the debentures at par value. Trust II is considered a variable interest entity for which the Company is not the primary beneficiary. Accordingly, Trust II is not consolidated into the Company’s financial statements.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES As of September 30, 2022, the Company held derivatives with a total notional amount of $4.0 billion. That amount included $0.4 billion in interest rate swap derivatives that were designated as cash flow hedges for accounting purposes. The Company also had economic hedges totaling $3.6 billion and $3.1 million non-hedging derivatives, which are not designated as hedges for accounting purposes with changes in fair value recorded directly through earnings. Economic hedges included interest rate swaps totaling $3.3 billion, risk participation agreements with dealer banks of $0.3 billion, and $1.0 million in forward commitment contracts. As part of the Company’s risk management strategy, the Company enters into interest rate swap agreements to mitigate the interest rate risk inherent in certain of the Company’s assets and liabilities. Interest rate swap agreements involve the risk of dealing with both Bank customers and institutional derivative counterparties and their ability to meet contractual terms. The agreements are entered into with counterparties that meet established credit standards and contain master netting and collateral provisions protecting the at-risk party. The derivatives program is overseen by the Risk Management and Capital Committee of the Company’s Board of Directors. Based on adherence to the Company’s credit standards and the presence of the netting and collateral provisions, the Company believes that the credit risk inherent in these contracts was not significant at September 30, 2022. The Company pledged collateral to derivative counterparties in the form of cash totaling $14.9 million and securities with an amortized cost of $22.5 million and a fair value of $22.3 million as of September 30, 2022. The Company does not typically require its commercial customers to post cash or securities as collateral on its program of back-to-back economic hedges. However certain language is written into the International Swaps Dealers Association, Inc. (“ISDA”) and loan documents where, in default situations, the Bank is allowed to access collateral supporting the loan relationship to recover any losses suffered on the derivative asset or liability. The Company may need to post additional collateral in the future in proportion to potential increases in unrealized loss positions. Information about derivative assets and liabilities at September 30, 2022, follows: Weighted Weighted Average Rate Estimated Notional Average Contract Fair Value Amount Maturity Received pay rate Asset (Liability) (In thousands) (In years) (In thousands) Cash flow hedges: Interest rate swaps on commercial loans $ 225,000 2.9 2.50 % 3.25 % $ (4,740) Forward-starting interest rate swaps on commercial loans 175,000 3.0 — % 3.84 % $ (815) Total cash flow hedges 400,000 (5,555) Economic hedges: Interest rate swap on tax advantaged economic development bond $ 7,270 7.4 5.09 % 4.25 % $ (205) Interest rate swaps on loans with commercial loan customers (1) 1,653,839 5.8 3.98 % 4.26 % (95,836) Offsetting interest rate swaps on loans with commercial loan customers (1) 1,653,839 5.8 4.26 % 3.98 % 52,834 Risk participation agreements with dealer banks 325,063 6.9 13 Forward sale commitments 539 0.2 7 Total economic hedges 3,640,550 (43,187) Non-hedging derivatives: Commitments to lend 3,132 0.2 16 Total non-hedging derivatives 3,132 16 Total $ 4,043,682 $ (48,726) (1) Fair value estimates include the impact of $43.0 million settled to market contract agreements. Information about derivative assets and liabilities at December 31, 2021, follows: Weighted Weighted Average Rate Estimated Notional Average Contract Fair Value Amount Maturity Received pay rate Asset (Liability) (In thousands) (In years) (In thousands) Economic hedges: Interest rate swap on tax advantaged economic development bond $ 7,879 7.9 0.47 % 5.09 % $ (1,158) Interest rate swaps on loans with commercial loan customers 1,684,238 5.8 3.99 % 1.91 % 74,348 Offsetting interest rate swaps on loans with commercial loan customers (1) 1,684,238 5.8 1.91 % 3.99 % (30,454) Risk participation agreements with dealer banks 320,981 5.8 432 Forward sale commitments 6,377 0.2 134 Total economic hedges 3,703,713 43,302 Non-hedging derivatives: Commitments to lend 8,192 0.2 124 Total non-hedging derivatives 8,192 124 Total $ 3,711,905 $ 43,426 (1) Fair value estimates include the impact of $45.7 million settled to market contract agreements. Cash flow hedges The effective portion of unrealized changes in the fair value of derivatives accounted for as cash flow hedges is reported in other comprehensive income and subsequently reclassified to earnings in the same period or periods during which the hedged transaction is forecasted to affect earnings. Each quarter, the Company assesses the effectiveness of each hedging relationship by comparing the changes in cash flows of the derivative hedging instrument with the changes in cash flows of the designated hedged item or transaction. The ineffective portion of changes in the fair value of the derivatives is recognized directly in earnings. The Company has entered into three interest rate swap contracts and three forward-starting interest rate swap contracts with a combined notional value of $400.0 million as of September 30, 2022. The three forward starting swaps will become effective in 2022. These interest rate swaps have durations of two Three Months Ended September 30, Nine Months Ended (In thousands) 2022 2021 2022 2021 Interest rate swaps on commercial loans: Unrealized (loss) recognized in accumulated other comprehensive loss $ (5,555) $ — $ (5,555) $ — Less: Reclassification of unrealized (loss) from accumulated other comprehensive loss to interest expense — — — — Net tax benefit on items recognized in accumulated other comprehensive income 1,494 — 1,494 — Other comprehensive loss recorded in accumulated other comprehensive income, net of reclassification adjustments and tax effects $ (4,061) $ — $ (4,061) $ — Net interest expense recognized in interest expense on hedged commercial loans $ (136) $ — $ (136) $ — Economic hedges As of September 30, 2022, the Company has an interest rate swap with a $7.3 million notional amount to swap out the fixed rate of interest on an economic development bond bearing a fixed rate of 5.09%, currently within the Company’s trading portfolio under the fair value option, in exchange for a LIBOR-based floating rate. The intent of the economic hedge is to improve the Company’s asset sensitivity to changing interest rates in anticipation of favorable average floating rates of interest over the 21-year life of the bond. The fair value changes of the economic development bond are mostly offset by fair value changes of the related interest rate swap. The Company also offers certain derivative products directly to qualified commercial borrowers. The Company economically hedges derivative transactions executed with commercial borrowers by entering into mirror-image, offsetting derivatives with third-party financial institutions. The transaction allows the Company’s customer to convert a variable-rate loan to a fixed rate loan. Because the Company acts as an intermediary for its customer, changes in the fair value of the underlying derivative contracts mostly offset each other in earnings. There was no credit valuation loss adjustment arising from the difference in credit worthiness of the commercial loan and financial institution counterparties as of September 30, 2022. The interest income and expense on these mirror image swaps exactly offset each other. The Company has risk participation agreements with dealer banks. Risk participation agreements occur when the Company participates on a loan and a swap where another bank is the lead. The Company gets paid a fee to take on the risk associated with having to make the lead bank whole on Berkshire’s portion of the pro-rated swap should the borrower default. Changes in fair value are recorded in current period earnings. The Company utilizes forward sale commitments to hedge interest rate risk and the associated effects on the fair value of interest rate lock commitments and loans originated for sale. The forward sale commitments are accounted for as derivatives with changes in fair value recorded in current period earnings. The Company uses the following types of forward sale commitments contracts: • Best efforts loan sales, • Mandatory delivery loan sales, and • To Be Announced (“TBA”) mortgage-backed securities sales. A best efforts contract refers to a loan sale agreement where the Company commits to deliver an individual mortgage loan of a specified principal amount and quality to an investor if the loan to the underlying borrower closes. The Company may enter into a best efforts contract once the price is known, which is shortly after the potential borrower’s interest rate is locked. A mandatory delivery contract is a loan sale agreement where the Company commits to deliver a certain principal amount of mortgage loans to an investor at a specified price on or before a specified date. Generally, the Company may enter into mandatory delivery contracts shortly after the loan closes with a customer. The Company may sell TBA mortgage-backed securities to hedge the changes in fair value of interest rate lock commitments and held for sale loans, which do not have corresponding best efforts or mandatory delivery contracts. These security sales transactions are closed once mandatory contracts are written. On the closing date the price of the security is locked-in, and the sale is paired-off with a purchase of the same security. Settlement of the security purchase/sale transaction is done with cash on a net-basis. Non-hedging derivatives The Company enters into interest rate lock commitments (“IRLCs”), or commitments to lend, for residential mortgage loans, which commit the Company to lend funds to a potential borrower at a specific interest rate and within a specified period of time. IRLCs that relate to the origination of mortgage loans that will be held for sale are considered derivative financial instruments under applicable accounting guidance. Outstanding IRLCs expose the Company to the risk that the price of the mortgage loans underlying the commitments may decline due to increases in mortgage interest rates from inception of the rate lock to the funding of the loan. The IRLCs are free-standing derivatives which are carried at fair value with changes recorded in non-interest income in the Company’s consolidated statements of operations. Changes in the fair value of IRLCs subsequent to inception are based on changes in the fair value of the underlying loan resulting from the fulfillment of the commitment and changes in the probability that the loan will fund within the terms of the commitment, which is affected primarily by changes in interest rates and the passage of time. Amounts included in the Consolidated Statements of Income related to economic hedges and non-hedging derivatives were as follows: Three Months Ended September 30, Nine Months Ended September 30, (In thousands) 2022 2021 2022 2021 Economic hedges Interest rate swap on industrial revenue bond: Unrealized gain recognized in other non-interest income $ 304 $ 106 $ 953 $ 462 Interest rate swaps on loans with commercial loan customers: Unrealized (loss) recognized in other non-interest income (53,788) (17,164) (177,413) (66,949) Favorable change in credit valuation adjustment recognized in other non-interest income — 874 1,809 2,394 Offsetting interest rate swaps on loans with commercial loan customers: Unrealized gain recognized in other non-interest income 53,788 17,164 177,413 66,949 Risk participation agreements: Unrealized (loss) recognized in other non-interest income (19) (103) (419) (282) Forward commitments: Unrealized (loss)/gain recognized in other non-interest income (11) 10 (127) (218) Non-hedging derivatives Commitments to lend Unrealized (loss) recognized in other non-interest income $ (100) $ (39) $ (108) $ (513) Realized gain in other non-interest income 78 500 420 2,310 Assets and Liabilities Subject to Enforceable Master Netting Arrangements Interest Rate Swap Agreements (“Swap Agreements”) The Company enters into swap agreements to facilitate the risk management strategies for commercial banking customers. The Company mitigates this risk by entering into equal and offsetting swap agreements with highly rated third party financial institutions. The swap agreements are free-standing derivatives and are recorded at fair value in the Company’s consolidated statements of condition. The Company is party to master netting arrangements with its financial institution counterparties; however, the Company does not offset assets and liabilities under these arrangements for financial statement presentation purposes. The master netting arrangements provide for a single net settlement of all swap agreements, as well as collateral, in the event of default on, or termination of, any one contract. Collateral generally in the form of marketable securities is received or posted by the counterparty with net liability positions, respectively, in accordance with contract thresholds. The Company had net asset positions with its financial institution counterparties totaling $52.8 million and $2.2 million as of September 30, 2022 and December 31, 2021, respectively. The Company had net asset positions with its commercial banking counterparties totaling $98.0 thousand and $76.8 million as of September 30, 2022 and December 31, 2021, respectively. The Company had net liability positions with its financial institution counterparties totaling $190.0 thousand and $33.3 million as of September 30, 2022 and December 31, 2021, respectively. The Company had net liability positions with its commercial banking counterparties totaling $95.9 million and $2.5 million as of September 30, 2022 and December 31, 2021. The Company has collateral pledged to cover this liability. The following table presents the assets and liabilities subject to an enforceable master netting arrangement as of September 30, 2022 and December 31, 2021: Offsetting of Financial Assets and Derivative Assets Gross Gross Amounts Net Amounts Gross Amounts Not Offset in Recognized Statements of Statements of Financial Cash (In thousands) Assets Condition Condition Instruments Collateral Received Net Amount September 30, 2022 Interest Rate Swap Agreements: Institutional counterparties $ 101,474 $ (48,639) $ 52,835 $ — $ — $ 52,835 Commercial counterparties 98 — 98 — — 98 Total $ 101,572 $ (48,639) $ 52,933 $ — $ — $ 52,933 Offsetting of Financial Liabilities and Derivative Liabilities Gross Gross Amounts Net Amounts Gross Amounts Not Offset in Recognized Statements of Statements of Financial Cash (In thousands) Liabilities Condition Condition Instruments Collateral Pledged Net Amount September 30, 2022 Interest Rate Swap Agreements: Institutional counterparties $ (232) $ 42 $ (190) $ 22,273 $ 14,863 $ 36,946 Commercial counterparties (101,353) 5,419 (95,934) — — (95,934) Total $ (101,585) $ 5,461 $ (96,124) $ 22,273 $ 14,863 $ (58,988) Offsetting of Financial Assets and Derivative Assets Gross Gross Amounts Net Amounts Gross Amounts Not Offset in Recognized Statements of Statements of Financial Cash (In thousands) Assets Condition Condition Instruments Collateral Received Net Amount December 31, 2021 Interest Rate Swap Agreements: Institutional counterparties $ 2,223 $ (75) $ 2,148 $ — $ — $ 2,148 Commercial counterparties 76,809 — 76,809 — — 76,809 Total $ 79,032 $ (75) $ 78,957 $ — $ — $ 78,957 Offsetting of Financial Liabilities and Derivative Liabilities Gross Gross Amounts Net Amounts Gross Amounts Not Offset in Recognized Statements of Statements of Financial Cash (In thousands) Liabilities Condition Condition Instruments Collateral Pledged Net Amount December 31, 2021 Interest Rate Swap Agreements: Institutional counterparties $ (78,146) $ 44,814 $ (33,332) $ 34,896 $ 43,694 $ 45,258 Commercial counterparties (2,461) — (2,461) — — (2,461) Total $ (80,607) $ 44,814 $ (35,793) $ 34,896 $ 43,694 $ 42,797

LEASES

LEASES	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
LEASES	LEASES Substantially all of the leases in which the Company is the lessee are comprised of real estate property for branches, ATM locations, and office space. Most of the Company’s leases are classified as operating leases. At September 30, 2022, lease expiration dates ranged from 1 month to 17 years. The following table represents the Consolidated Balance Sheets classification of the Company’s right-of-use (“ROU”) assets and lease liabilities: (In thousands) September 30, 2022 December 31, 2021 Lease Right-of-Use Assets Classification Operating lease right-of-use assets Other assets $ 48,467 $ 52,180 Finance lease right-of-use assets Premises and equipment, net 6,282 6,674 Total Lease Right-of-Use Assets $ 54,749 $ 58,854 Lease Liabilities Operating lease liabilities Other liabilities $ 55,269 $ 55,674 Finance lease liabilities Other liabilities 9,448 9,862 Total Lease Liabilities $ 64,717 $ 65,536 Supplemental information related to leases was as follows: September 30, 2022 December 31, 2021 Weighted-Average Remaining Lease Term (in years) Operating leases 9.1 9.5 Finance leases 12.1 12.8 Weighted-Average Discount Rate Operating leases 2.60 % 2.77 % Finance leases 5.00 % 5.00 % The Company has lease agreements with lease and non-lease components, which are generally accounted for separately. For real estate leases, non-lease components and other non-components, such as common area maintenance charges, real estate taxes, and insurance are not included in the measurement of the lease liability since they are generally able to be segregated. The Company does not have any material sub-lease agreements. Lease expense for operating leases for the three months ended September 30, 2022 was $2.2 million. Lease expense for operating leases for the nine months ended September 30, 2022 was $7.3 million. Variable lease components, such as consumer price index adjustments, are expensed as incurred and not included in ROU assets and operating lease liabilities. Lease expense for operating leases for the three months ended September 30, 2021 was $2.6 million. Lease expense for operating leases for the nine months ended September 30, 2021 was $8.3 million. Variable lease components, such as consumer price index adjustments, are expensed as incurred and not included in ROU assets and operating lease liabilities. Supplemental cash flow information related to leases was as follows: Three Months Ended (In thousands) September 30, 2022 September 30, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,518 $ 2,524 Operating cash flows from finance leases 119 126 Financing cash flows from finance leases 139 132 Nine Months Ended (In thousands) September 30, 2022 September 30, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 7,657 $ 8,358 Operating cash flows from finance leases 359 379 Financing cash flows from finance leases 414 394 The following table presents a maturity analysis of the Company’s lease liability by lease classification at September 30, 2022: (In thousands) Operating Leases Finance Leases 2022 $ 2,522 $ 256 2023 10,068 1,037 2024 8,506 1,037 2025 6,541 1,037 2026 5,323 1,037 Thereafter 29,271 8,187 Total undiscounted lease payments 62,231 12,591 Less amounts representing interest (6,962) (3,143) Lease liability $ 55,269 $ 9,448
LEASES	LEASES Substantially all of the leases in which the Company is the lessee are comprised of real estate property for branches, ATM locations, and office space. Most of the Company’s leases are classified as operating leases. At September 30, 2022, lease expiration dates ranged from 1 month to 17 years. The following table represents the Consolidated Balance Sheets classification of the Company’s right-of-use (“ROU”) assets and lease liabilities: (In thousands) September 30, 2022 December 31, 2021 Lease Right-of-Use Assets Classification Operating lease right-of-use assets Other assets $ 48,467 $ 52,180 Finance lease right-of-use assets Premises and equipment, net 6,282 6,674 Total Lease Right-of-Use Assets $ 54,749 $ 58,854 Lease Liabilities Operating lease liabilities Other liabilities $ 55,269 $ 55,674 Finance lease liabilities Other liabilities 9,448 9,862 Total Lease Liabilities $ 64,717 $ 65,536 Supplemental information related to leases was as follows: September 30, 2022 December 31, 2021 Weighted-Average Remaining Lease Term (in years) Operating leases 9.1 9.5 Finance leases 12.1 12.8 Weighted-Average Discount Rate Operating leases 2.60 % 2.77 % Finance leases 5.00 % 5.00 % The Company has lease agreements with lease and non-lease components, which are generally accounted for separately. For real estate leases, non-lease components and other non-components, such as common area maintenance charges, real estate taxes, and insurance are not included in the measurement of the lease liability since they are generally able to be segregated. The Company does not have any material sub-lease agreements. Lease expense for operating leases for the three months ended September 30, 2022 was $2.2 million. Lease expense for operating leases for the nine months ended September 30, 2022 was $7.3 million. Variable lease components, such as consumer price index adjustments, are expensed as incurred and not included in ROU assets and operating lease liabilities. Lease expense for operating leases for the three months ended September 30, 2021 was $2.6 million. Lease expense for operating leases for the nine months ended September 30, 2021 was $8.3 million. Variable lease components, such as consumer price index adjustments, are expensed as incurred and not included in ROU assets and operating lease liabilities. Supplemental cash flow information related to leases was as follows: Three Months Ended (In thousands) September 30, 2022 September 30, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,518 $ 2,524 Operating cash flows from finance leases 119 126 Financing cash flows from finance leases 139 132 Nine Months Ended (In thousands) September 30, 2022 September 30, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 7,657 $ 8,358 Operating cash flows from finance leases 359 379 Financing cash flows from finance leases 414 394 The following table presents a maturity analysis of the Company’s lease liability by lease classification at September 30, 2022: (In thousands) Operating Leases Finance Leases 2022 $ 2,522 $ 256 2023 10,068 1,037 2024 8,506 1,037 2025 6,541 1,037 2026 5,323 1,037 Thereafter 29,271 8,187 Total undiscounted lease payments 62,231 12,591 Less amounts representing interest (6,962) (3,143) Lease liability $ 55,269 $ 9,448

OTHER COMMITMENTS, CONTINGENCIE

OTHER COMMITMENTS, CONTINGENCIES, OFF-BALANCE SHEET ACTIVITIES, AND PANDEMIC IMPACT	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
OTHER COMMITMENTS, CONTINGENCIES, OFF-BALANCE SHEET ACTIVITIES, AND PANDEMIC IMPACT	OTHER COMMITMENTS, CONTINGENCIES, OFF-BALANCE SHEET ACTIVITIES, AND PANDEMIC IMPACT In March 2020, the World Health Organization declared a novel strain of coronavirus ("COVID-19") a global pandemic and the United States declared a National Public Health Emergency. The impact of the COVID-19 pandemic is fluid and continues to evolve, which is adversely affecting some of the Company’s clients. The continuing impact of the COVID-19 pandemic on the Company’s business, financial condition and results of operations is currently uncertain and will depend on various developments and other factors, including, among others, the duration and scope of the pandemic, as well as governmental, regulatory and private sector responses to the pandemic, and the associated impacts on the economy, financial markets, and our clients, employees, and vendors. The Company’s business, financial condition and results of operations generally rely upon the ability of the Company’s borrowers to repay their loans, the value of collateral underlying the Company’s secured loans, and demand for loans and other products and services the Company offers, which are highly dependent on the business environment in the Company’s primary markets where it operates and in the United States as a whole. These circumstances could cause the Company to experience a material adverse effect on our business operations, asset valuations, financial condition, results of operations and prospects. Material adverse impacts may include all or a combination of valuation impairments on the Company’s intangible assets, investments, loans, loan servicing rights, deferred tax assets, lease right-of-use assets, or counter-party risk derivatives. Beginning in March 2020, the Company offered three-month payment deferrals for customers with a current payment status who were negatively impacted by economic disruption caused by the COVID-19 pandemic. As of September 30, 2022, the Company had 2 active modified loans outstanding with a carrying value of $12.5 million. As of December 31, 2021, the Company had 19 active modified loans outstanding with a carrying value of $14.4 million, which excluded loans returning to payment or awaiting evaluation for further deferral. The Company continues to accrue interest on these loans during the deferral period. In accordance with interagency guidance issued in March 2020 and Section 4013 (Temporary Relief from Troubled Debt Restructurings) of the CARES Act, these short-term deferrals are not considered troubled debt restructurings (“TDRs”) unless the borrower was previously experiencing financial difficulty. In addition, the risk-ratings on COVID-19 modified loans did not automatically change as a result of payment deferrals, and these loans will not be considered past due until after the deferral period is over and scheduled payments resume. Section 4013 (Temporary Relief from Troubled Debt Restructurings) of the CARES Act expired on December 31, 2021.

CAPITAL RATIOS AND SHAREHOLDERS

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
CAPITAL RATIOS AND SHAREHOLDERS' EQUITY	CAPITAL RATIOS AND SHAREHOLDERS’ EQUITY The actual and required capital ratios were as follows: September 30, December 31, Minimum Capital Requirement Company (consolidated) Total capital to risk-weighted assets 15.1 % 17.3 % 8.0 % Common equity tier 1 capital to risk-weighted assets 12.7 15.0 4.5 Tier 1 capital to risk-weighted assets 13.0 15.3 6.0 Tier 1 capital to average assets 10.1 10.5 4.0 September 30, December 31, Regulatory Minimum to be Adequately Capitalized Regulatory Bank Total capital to risk-weighted assets 13.6 % 15.9 % 8.0 % 10.0 % Common equity tier 1 capital to risk-weighted assets 12.7 14.8 4.5 6.5 Tier 1 capital to risk-weighted assets 12.7 14.8 6.0 8.0 Tier 1 capital to average assets 9.9 10.1 4.0 5.0 The Company and the Bank are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations, involve quantitative measures of assets, liabilities, and certain off-balance sheet items calculated under regulatory accounting practices. Failure to meet capital requirements can initiate regulatory action. At each date shown, the Company met the minimum capital requirements and the Bank met the conditions to be classified as “well capitalized” under the relevant regulatory framework. To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the table above. As of January 1, 2019, banking organizations must maintain a minimum Common equity Tier 1 risk-based capital ratio of 7.0%, a minimum Tier 1 risk-based capital ratio of 8.5%, and a minimum Total risk-based capital ratio of 10.5%, including a 2.5% capital conservation buffer. Capital rules impose restrictions on capital distributions and certain discretionary cash bonus payments if the capital conservation buffer is not met. At September 30, 2022, the capital levels of both the Company and the Bank exceeded all regulatory capital requirements and the Bank's regulatory capital ratios were above the minimum levels required to be considered well capitalized for regulatory purposes. The capital levels of both the Company and the Bank at September 30, 2022 also exceeded the minimum capital requirements including the currently applicable capital conservation buffer of 2.5%. Accumulated other comprehensive (loss) Components of accumulated other comprehensive (loss) is as follows: (In thousands) September 30, December 31, Other accumulated comprehensive income, before tax: Net unrealized holding (loss) on AFS securities $ (246,739) $ (1,806) Net unrealized (loss) on cash flow hedging derivatives (5,555) — Net unrealized holding (loss) on pension plans (2,518) (2,518) Income taxes related to items of accumulated other comprehensive income: Net unrealized tax benefit on AFS securities 64,150 407 Net unrealized tax benefit on cash flow hedging derivatives 1,494 — Net unrealized tax benefit on pension plans 674 674 Accumulated other comprehensive loss $ (188,494) $ (3,243) The following table presents the components of other comprehensive (loss) for the three and nine months ended September 30, 2022 and 2021: (In thousands) Before Tax Tax Effect Net of Tax Three Months Ended September 30, 2022 Net unrealized holding loss on AFS securities: x Net unrealized (losses) arising during the period $ (83,073) $ 21,639 $ (61,434) Less: reclassification adjustment for gains realized in net income — — — Net unrealized holding (loss) on AFS securities (83,073) 21,639 (61,434) Net unrealized loss on cash flow hedging derivatives: Net unrealized (loss) arising during the period (5,555) 1,494 (4,061) Less: reclassification adjustment for (losses) realized in net income — — — Net unrealized (loss) on cash flow hedging derivatives (5,555) 1,494 (4,061) Other comprehensive (loss) $ (88,628) $ 23,133 $ (65,495) Three Months Ended September 30, 2021 Net unrealized holding loss on AFS securities: Net unrealized (losses) arising during the period $ (10,098) $ 2,575 $ (7,523) Less: reclassification adjustment for gains realized in net income — — — Net unrealized holding (loss) on AFS securities (10,098) 2,575 (7,523) Net unrealized loss on cash flow hedging derivatives: Net unrealized (loss) arising during the period — — — Less: reclassification adjustment for (losses) realized in net income — — — Net unrealized gain on cash flow hedging derivatives — — — Other comprehensive (loss) $ (10,098) $ 2,575 $ (7,523) (In thousands) Before Tax Tax Effect Net of Tax Nine Months Ended September 30, 2022 Net unrealized holding loss on AFS securities: Net unrealized (losses) arising during the period $ (244,927) $ 63,741 $ (181,186) Less: reclassification adjustment for gains realized in net income 6 (2) 4 Net unrealized holding (loss) on AFS securities (244,933) 63,743 (181,190) Net unrealized loss on cash flow hedging derivatives: Net unrealized (loss) arising during the period (5,555) 1,494 (4,061) Less: reclassification adjustment for (losses) realized in net income — — — Net unrealized loss on cash flow hedging derivatives (5,555) 1,494 (4,061) Other comprehensive (loss) $ (250,488) $ 65,237 $ (185,251) Nine Months Ended September 30, 2021 Net unrealized holding loss on AFS securities: Net unrealized (losses) arising during the period $ (31,718) $ 8,096 $ (23,622) Less: reclassification adjustment for gains realized in net income — — — Net unrealized holding (loss) on AFS securities (31,718) 8,096 (23,622) Net unrealized loss on cash flow hedging derivatives: Net unrealized (loss) arising during the period — — — Less: reclassification adjustment for (losses) realized in net income — — — Net unrealized gain on cash flow hedging derivatives — — — Other comprehensive (loss) $ (31,718) $ 8,096 $ (23,622) The following table presents the changes in each component of accumulated other comprehensive (loss), for the three and nine months ended September 30, 2022 and 2021: (In thousands) Net unrealized Net loss on Net unrealized Total Three Months Ended September 30, 2022 Balance at Beginning of Period $ (121,154) $ — $ (1,845) $ (122,999) Other comprehensive (loss) before reclassifications (61,434) (4,061) — (65,495) Less: amounts reclassified from accumulated other comprehensive (loss) — — — — Total other comprehensive (loss) (61,434) (4,061) — (65,495) Balance at End of Period $ (182,588) $ (4,061) $ (1,845) $ (188,494) Three Months Ended September 30, 2021 Balance at Beginning of Period $ 17,359 $ — $ (2,587) $ 14,772 Other comprehensive (loss) before reclassifications (7,523) — — (7,523) Less: amounts reclassified from accumulated other comprehensive (loss) — — — — Total other comprehensive income (7,523) — — (7,523) Balance at End of Period $ 9,836 $ — $ (2,587) $ 7,249 Nine Months Ended September 30, 2022 Balance at Beginning of Period $ (1,398) $ — $ (1,845) $ (3,243) Other comprehensive (loss) before reclassifications (181,186) (4,061) — (185,247) Less: amounts reclassified from accumulated other comprehensive income 4 — — 4 Total other comprehensive (loss) (181,190) (4,061) — (185,251) Balance at End of Period $ (182,588) $ (4,061) $ (1,845) $ (188,494) Nine Months Ended September 30, 2021 Balance at Beginning of Period $ 33,458 $ — $ (2,587) $ 30,871 Other comprehensive (loss) before reclassifications (23,622) — (23,622) Less: amounts reclassified from accumulated other comprehensive income — — — — Total other comprehensive (loss) (23,622) — — (23,622) Balance at End of Period $ 9,836 $ — $ (2,587) $ 7,249 The following table presents the amounts reclassified out of each component of accumulated other comprehensive income for the three and nine months ended September 30, 2022 and 2021: Affected Line Item in the Three Months Ended September 30, Statement where Net Income (In thousands) 2022 2021 is Presented Realized gains on AFS securities: $ — $ — Non-interest income — — Retained earnings — — Tax expense — — Net of tax Total reclassifications for the period $ — $ — Net of tax Affected Line Item in the Nine Months Ended September 30, Statement where Net Income (In thousands) 2022 2021 is Presented Realized gains on AFS securities: $ 6 Non-interest income (2) — Tax expense 4 — Net of tax Total reclassifications for the period $ 4 $ — Net of tax

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Earnings per share have been computed based on the following (average diluted shares outstanding are calculated using the treasury stock method): Three Months Ended September 30, Nine Months Ended September 30, (In thousands, except per share data) 2022 2021 2022 2021 Net income $ 18,717 $ 63,749 $ 62,028 $ 98,416 Average number of common shares issued 51,903 51,903 51,903 51,903 Less: average number of treasury shares 6,433 2,764 5,068 1,519 Less: average number of unvested stock award shares 770 744 779 712 Average number of basic shares outstanding 44,700 48,395 46,056 49,672 Plus: dilutive effect of unvested stock award shares 330 342 336 286 Plus: dilutive effect of stock options outstanding 4 7 4 5 Average number of diluted shares outstanding 45,034 48,744 46,396 49,963 Basic earnings per common share: $ 0.42 $ 1.32 $ 1.35 $ 1.98 Diluted earnings per common share: $ 0.42 $ 1.31 $ 1.34 $ 1.97 For the three months ended September 30, 2022, 440 thousand shares of unvested restricted stock and 68 thousand options outstanding were anti-dilutive and therefore excluded from the earnings per share calculation. For the nine months ended September 30, 2022, 448 thousand shares of unvested restricted stock and 69 thousand options outstanding were anti-dilutive and therefore excluded from the earnings per share calculation. For the three months ended September 30, 2021, 402 thousand shares of unvested restricted stock and 88 thousand options outstanding were anti-dilutive and therefore excluded from the earnings per share calculation. For the nine months ended September 30, 2021, 425 thousand shares of unvested restricted stock and 93 thousand options outstanding were anti-dilutive and therefore excluded from the earnings per share calculation.

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION PLANS	STOCK-BASED COMPENSATION PLANS A combined summary of activity in the Company’s stock award and stock option plans for the nine months ended September 30, 2022 is presented in the following table: Non-Vested Stock Awards Outstanding Stock Options Outstanding (Shares in thousands) Number of Shares Weighted-Average Grant Date Fair Value Number of Shares Weighted-Average Exercise Price December 31, 2021 710 $ 20.16 80 $ 25.21 Granted 321 28.78 — — Acquired — — — — Stock options exercised — — (12) 22.97 Stock awards vested (230) 21.75 — — Forfeited (75) 25.62 — — Expired — — (6) 24.30 September 30, 2022 726 $ 22.73 62 $ 25.43

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS A description of the valuation methodologies used for assets and liabilities measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. These valuation methodologies were applied to all of the Company’s financial assets and financial liabilities that are carried at fair value. Recurring Fair Value Measurements The following table summarizes financial assets and financial liabilities measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value. September 30, 2022 Level 1 Level 2 Level 3 Total (In thousands) Inputs Inputs Inputs Fair Value Trading security $ — $ — $ 6,812 $ 6,812 Securities available for sale: U.S Treasuries — 20,000 — 20,000 Municipal bonds and obligations — 60,566 — 60,566 Agency collateralized mortgage obligations — 557,513 — 557,513 Agency residential mortgage-backed securities — 553,737 — 553,737 Agency commercial mortgage-backed securities — 235,576 — 235,576 Corporate bonds — 38,981 3,920 42,901 Other bonds and obligations — 656 — 656 Marketable equity securities 12,790 — — 12,790 Loans held for investment at fair value — — 796 796 Loans held for sale — 550 — 550 Derivative assets — 52,997 22 53,019 Capitalized servicing rights — — 2,026 2,026 Derivative liabilities — 101,745 — 101,745 December 31, 2021 Level 1 Level 2 Level 3 Total (In thousands) Inputs Inputs Inputs Fair Value Trading security $ — $ — $ 8,354 $ 8,354 Securities available for sale: U.S Treasuries — 59,973 — 59,973 Municipal bonds and obligations — 77,177 — 77,177 Agency collateralized mortgage obligations — 688,336 — 688,336 Agency residential mortgage-backed securities — 705,859 — 705,859 Agency commercial mortgage-backed securities — 300,580 — 300,580 Corporate bonds — 41,630 4,030 45,660 Marketable equity securities 14,798 655 — 15,453 Loans held for investment at fair value — — 1,200 1,200 Loans held for sale — 6,110 — 6,110 Derivative assets — 79,270 258 79,528 Capitalized servicing rights — — 1,966 1,966 Derivative liabilities — 35,194 — 35,194 There were no transfers between levels during the three and nine months ended September 30, 2022. Trading Security at Fair Value. The Company holds one security designated as a trading security. It is a tax-advantaged economic development bond issued to the Company by a local nonprofit which provides wellness and health programs. The fair value of this security is determined based on a discounted cash flow methodology. Certain inputs to the fair value calculation are unobservable and there is little to no market activity in the security; therefore, the security meets the definition of a Level 3 security. The discount rate used in the valuation of the security is sensitive to movements in the 3-month LIBOR rate. Securities Available for Sale and Marketable Equity Securities . Marketable equity securities classified as Level 1 consist of publicly-traded equity securities for which the fair values can be obtained through quoted market prices in active exchange markets. Marketable equity securities classified as Level 2 consist of securities with infrequent trades in active exchange markets, and pricing is primarily sourced from third party pricing services. AFS securities classified as Level 2 include most of the Company’s debt securities. The pricing on Level 2 and Level 3 was primarily sourced from third party pricing services, overseen by management, and is based on models that consider standard input factors such as dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and condition, among other things. Level 3 pricing includes inputs unobservable to market participants. Loans Held for Investment. The Company’s held for investment loan portfolio includes loans originated by Company and loans acquired through business combinations. The Company intends to hold these assets until maturity as a part of its business operations. For one acquired portfolio subset, the Company previously accounted for these purchased-credit impaired loans as a pool under ASC 310, as they were determined to have common risk characteristics. These loans were recorded at fair value on acquisition date and subsequently evaluated for impairment collectively. Upon adoption of ASC 326, the Company elected the fair value option on this portfolio, recognizing an $11.2 million fair value write-down charged to retained earnings, net of deferred tax impact, as of January 1, 2020. The fair value of this loan portfolio is determined based on a discounted cash flow methodology. Certain inputs to the fair value calculation are unobservable; therefore, the loans meet the definition of Level 3 assets. The discount rate used in the valuation is consistent with assets that have significant credit deterioration. The cash flow assumptions include payment schedules for loans with current payment histories and estimated collateral value for delinquent loans. All of these loans were nonperforming as of September 30, 2022. Aggregate Fair Value September 30, 2022 Aggregate Aggregate Less Aggregate (In thousands) Fair Value Unpaid Principal Unpaid Principal Loans held for investment at fair value $ 796 $ 13,371 $ (12,575) Aggregate Fair Value December 31, 2021 Aggregate Aggregate Less Aggregate (In thousands) Fair Value Unpaid Principal Unpaid Principal Loans held for investment at fair value $ 1,200 $ 31,430 $ (30,230) Loans Held for Sale. The Company elected the fair value option for all loans held for sale (HFS) originated for sale on or after May 1, 2012. Loans HFS are classified as Level 2 as the fair value is based on input factors such as quoted prices for similar loans in active markets. Aggregate Fair Value September 30, 2022 Aggregate Aggregate Less Aggregate (In thousands) Fair Value Unpaid Principal Unpaid Principal Loans held for sale $ 550 $ 539 $ 11 Aggregate Fair Value December 31, 2021 Aggregate Aggregate Less Aggregate (In thousands) Fair Value Unpaid Principal Unpaid Principal Loans held for sale $ 6,110 $ 5,926 $ 184 The changes in fair value of loans held for sale for the three and nine months ended September 30, 2022, were losses of $12 thousand and $173 thousand, respectively. During the three and nine months ended September 30, 2022, originations of loans held for sale totaled $6.0 million and $16.1 million, respectively. During the three and nine months ended September 30, 2022, sales of loans originated for sale totaled $6.5 million and $21.6 million, respectively. The changes in fair value of loans held for sale for the three and nine months ended September 30, 2021, were gains of $17 thousand and losses of $217 thousand, respectively. During the three and nine months ended September 30, 2021, originations of loans held for sale totaled $24.0 million and $84.4 million, respectively. During the three and nine months ended September 30, 2021, sales of loans originated for sale totaled $22.5 million and $90.8 million, respectively. Interest Rate Swaps. The valuation of the Company’s interest rate swaps is obtained from a third-party pricing service and is determined using a discounted cash flow analysis on the expected cash flows of each derivative. The pricing analysis is based on observable inputs for the contractual terms of the derivatives, including the period to maturity and interest rate curves. The Company incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings. Although the Company has determined that the majority of the inputs used to value its interest rate derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. However, as of September 30, 2022, the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and determined that the credit valuation adjustments are not significant to the overall valuation of its derivatives. As a result, the Company determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy. Commitments to Lend. The Company enters into commitments to lend for residential mortgage loans intended for sale, which commit the Company to lend funds to a potential borrower at a specific interest rate and within a specified period of time. The estimated fair value of commitments to originate residential mortgage loans for sale is based on quoted prices for similar loans in active markets. However, this value is adjusted by a factor which considers the likelihood that the loan in a lock position will ultimately close, and by the non-refundable costs of originating the loan. The closing ratio is derived from the Bank’s internal data and is adjusted using significant management judgment. The costs to originate are primarily based on the Company’s internal commission rates that are not observable. As such, these commitments are classified as Level 3 measurements. Forward Sale Commitments . The Company utilizes forward sale commitments as economic hedges against potential changes in the values of the commitments to lend and loans originated for sale. To Be Announced (“TBA”) mortgage-backed securities forward commitment sales are used as the hedging instrument, are classified as Level 1, and consist of publicly-traded debt securities for which identical fair values can be obtained through quoted market prices in active exchange markets. The fair values of the Company’s best efforts and mandatory delivery loan sale commitments are determined similarly to the commitments to lend using quoted prices in the market place that are observable. However, costs to originate and closing ratios included in the calculation are internally generated and are based on management’s judgment and prior experience, which are considered factors that are not observable. As such, best efforts and mandatory forward commitments are classified as Level 3 measurements. Capitalized Servicing Rights. The Company accounts for certain capitalized servicing rights at fair value in its Consolidated Financial Statements, as the Company is permitted to elect the fair value option for each specific instrument. A loan servicing right asset represents the amount by which the present value of the estimated future net cash flows to be received from servicing loans exceed adequate compensation for performing the servicing. The fair value of servicing rights is estimated using a present value cash flow model. The most important assumptions used in the valuation model are the anticipated rate of the loan prepayments and discount rates. Although some assumptions in determining fair value are based on standards used by market participants, some are based on unobservable inputs and therefore are classified in Level 3 of the valuation hierarchy. The table below presents the changes in Level 3 assets and liabilities that were measured at fair value on a recurring basis for the three and nine months ended September 30, 2022 and 2021. Assets (Liabilities) Securities Loans Capitalized Trading Available Held for Commitments Forward Servicing (In thousands) Security for Sale Investment to Lend Commitments Rights Three Months Ended September 30, 2022 June 30, 2022 $ 7,040 $ 4,020 $ 1,049 $ 26 $ 18 $ 1,906 Unrealized (loss)/gain, net recognized in other non-interest income (23) — (6) 41 (11) 120 Unrealized gain included in accumulated other comprehensive income — (100) — — — — Paydown of asset (205) — (247) — — — Transfers to held for sale loans — — — (52) — — September 30, 2022 $ 6,812 $ 3,920 $ 796 $ 15 $ 7 $ 2,026 Nine Months Ended September 30, 2022 December 31, 2021 $ 8,354 $ 4,030 $ 1,200 $ 124 $ 134 $ 1,966 Unrealized (loss)/gain, net recognized in other non-interest income (933) — 462 171 (127) 60 Unrealized (loss) included in accumulated other comprehensive income — (110) — — — — Paydown of asset (609) — (866) — — — Transfers to held for sale loans — — — (280) — — September 30, 2022 $ 6,812 $ 3,920 $ 796 $ 15 $ 7 $ 2,026 Unrealized gain relating to instruments still held at September 30, 2022 $ (459) $ (80) $ — $ 26 $ 18 $ — Securities Loans Capitalized Trading Available Held for Commitments Forward Servicing (In thousands) Security for Sale Investment to Lend Commitments Rights Three Months Ended September 30, 2021 June 30, 2021 $ 8,853 $ — $ 1,260 $ 261 $ 92 $ 2,356 Unrealized (loss)/gain, net recognized in other non-interest income (85) — 509 440 10 (210) Paydown of asset (194) — (731) — — — Transfers to held for sale loans — — — (479) — — September 30, 2021 $ 8,574 $ — $ 1,038 $ 222 $ 102 $ 2,146 Nine Months Ended September 30, 2021 December 31, 2020 $ 9,708 $ 15,000 $ 2,265 $ 735 $ 320 $ 3,033 Maturity of AFS security — (15,000) — — — — Unrealized (loss)/gain, net recognized in other non-interest income (556) — 1,110 1,688 (218) (887) Paydown of asset (578) — (2,337) — — — Transfers to held for sale loans — — — (2,201) — — September 30, 2021 $ 8,574 $ — $ 1,038 $ 222 $ 102 $ 2,146 Unrealized gains relating to instruments still held at September 30,2021 $ 497 $ — $ — $ 222 $ 102 $ — Quantitative information about the significant unobservable inputs within Level 3 recurring assets and liabilities is as follows: Fair Value Significant (In thousands) September 30, 2022 Valuation Techniques Unobservable Inputs Value Assets (Liabilities) Trading security $ 6,812 Discounted Cash Flow Discount Rate 6.38 % AFS Securities 3,920 Indication from Market Maker Price 98.00% Loans held for investment 1,049 Discounted Cash Flow Discount Rate 25.00 % Collateral Value $— - $20.7 Commitments to lend 15 Historical Trend Closing Ratio 83.95 % Pricing Model Origination Costs, per loan $ 3 Forward commitments 7 Historical Trend Closing Ratio 83.95 % Pricing Model Origination Costs, per loan $ 3 Capitalized servicing rights 2,026 Discounted cash flow Constant Prepayment Rate (CPR) 12.48 % Discount Rate 9.55 % Total $ 13,829 Fair Value Significant (In thousands) December 31, 2021 Valuation Techniques Unobservable Inputs Value Assets (Liabilities) Trading security $ 8,354 Discounted Cash Flow Discount Rate 3.35 % AFS Securities 4,030 Indication from Market Maker Price 101.00 % Loans held for investment 1,200 Discounted Cash Flow Discount Rate 25.00 % Collateral Value $6.3- $19.8 Commitments to lend 124 Historical Trend Closing Ratio 82.09 % Pricing Model Origination Costs, per loan $ 3 Forward commitments 134 Historical Trend Closing Ratio 82.09 % Pricing Model Origination Costs, per loan $ 3 Capitalized servicing rights 1,966 Discounted Cash Flow Constant Prepayment Rate (CPR) 19.41 % Discount Rate 9.50 % Total $ 15,808 Non-Recurring Fair Value Measurements The Company is required, on a non-recurring basis, to adjust the carrying value or provide valuation allowances for certain assets using fair value measurements in accordance with GAAP. The following is a summary of applicable non-recurring fair value measurements. There are no liabilities measured at fair value on a non-recurring basis. September 30, 2022 December 31, 2021 Fair Value Measurement Date as of September 30, 2022 Level 3 Level 3 Level 3 (In thousands) Inputs Inputs Inputs Assets Individually evaluated $ 2,944 $ 12,482 September 2022 Loans held for sale 3,574 — September 2022 Capitalized servicing rights 11,793 14,056 September 2022 Total $ 18,311 $ 26,538 Quantitative information about the significant unobservable inputs within Level 3 non-recurring assets is as follows: Fair Value (In thousands) September 30, 2022 Valuation Techniques Unobservable Inputs Range (Weighted Average) (1) Assets Individually evaluated $ 2,944 Fair Value of Collateral Discounted Cash Flow - Loss Severity (100.00)% to 26.42% ((49.76)%) Appraised Value $0 to $608 ($-501) Loans held for sale 3,574 Fair Value of Collateral Appraised Value $3,574 Capitalized servicing rights 11,793 Discounted Cash Flow Constant Prepayment Rate (CPR) 5.99% to 13.52% (11.28%) Discount Rate 9.16% to 16.13% (13.32%) Total $ 18,311 (1) Where dollar amounts are disclosed, the amounts represent the lowest and highest fair value of the respective assets in the population except for adjustments for market/property conditions, which represents the range of adjustments to individuals properties. Fair Value (In thousands) December 31, 2021 Valuation Techniques Unobservable Inputs Range (Weighted Average) (1) Assets Individually evaluated $ 12,482 Fair Value of Collateral Discounted Cash Flow - loss severity (35.96)% to 133.09% ((49.14)%) Appraised Value $0 to $405 ($256) Capitalized servicing rights 14,056 Discounted Cash Flow Constant Prepayment Rate (CPR) 6.24% to 17.73% (13.29%) Discount Rate 9.59% to 13.11% (11.97%) Total $ 26,538 (1) Where dollar amounts are disclosed, the amounts represent the lowest and highest fair value of the respective assets in the population except for adjustments for market/property conditions, which represents the range of adjustments to individuals properties. There were no Level 1 or Level 2 nonrecurring fair value measurements for the periods ended September 30, 2022 and December 31, 2021. Individually evaluated loans. Loans are generally not recorded at fair value on a recurring basis. Periodically, the Company records non-recurring adjustments to the carrying value of loans based on fair value measurements for partial charge-offs of the uncollectible portions of those loans. Non-recurring adjustments can also include certain impairment amounts for collateral-dependent loans calculated when establishing the allowance for credit losses. Such amounts are generally based on the fair value of the underlying collateral supporting the loan and, as a result, the carrying value of the loan less the calculated valuation amount does not necessarily represent the fair value of the loan. Real estate collateral is typically valued using appraisals or other indications of value based on recent comparable sales of similar properties or assumptions generally observable in the marketplace. However, the choice of observable data is subject to significant judgment, and there are often adjustments based on judgment in order to make observable data comparable and to consider the impact of time, the condition of properties, interest rates, and other market factors on current values. Additionally, commercial real estate appraisals frequently involve discounting of projected cash flows, which relies inherently on unobservable data. Therefore, nonrecurring fair value measurement adjustments that relate to real estate collateral have generally been classified as Level 3. Estimates of fair value for other collateral that supports commercial loans are generally based on assumptions not observable in the marketplace and therefore such valuations have been classified as Level 3. Loans Transferred to Held for Sale. Once a decision has been made to sell loans not previously classified as held for sale, these loans are transferred into the held for sale category and carried at the lower of cost or fair value. Real estate collateral is typically valued using appraisals or other indications of value based on recent comparable sales of similar properties or assumptions generally observable in the marketplace. The choice of observable data is subject to significant judgment, and there are often adjustments based on judgment in order to make observable data comparable and to consider the impact of time, the condition of properties, interest rates, and other market factors on current values. Nonrecurring fair value measurement adjustments that relate to real estate collateral have generally been classified as Level 3. Estimates of fair value for other collateral that supports commercial loans are generally based on assumptions not observable in the marketplace and therefore such valuations have been classified as Level 3. Capitalized loan servicing rights . A loan servicing right asset represents the amount by which the present value of the estimated future net cash flows to be received from servicing loans exceed adequate compensation for performing the servicing. The fair value of servicing rights is estimated using a present value cash flow model. The most important assumptions used in the valuation model are the anticipated rate of the loan prepayments and discount rates. Adjustments are only recorded when the discounted cash flows derived from the valuation model are less than the carrying value of the asset. Although some assumptions in determining fair value are based on standards used by market participants, some are based on unobservable inputs and therefore are classified in Level 3 of the valuation hierarchy. Summary of Estimated Fair Values of Financial Instruments The following tables summarize the estimated fair values (represents exit price), and related carrying amounts, of the Company’s financial instruments. Certain financial instruments and all non-financial instruments are excluded. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company. September 30, 2022 Carrying Fair (In thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets Cash and cash equivalents $ 694,913 $ 694,913 $ 694,913 $ — $ — Trading security 6,812 6,812 — — 6,812 Marketable equity securities 12,790 12,790 12,790 — — Securities available for sale 1,470,949 1,470,949 — 1,467,029 3,920 Securities held to maturity 592,503 503,262 — 501,164 2,098 FHLB bank stock and restricted securities 7,264 N/A N/A N/A N/A Net loans 7,847,468 7,798,562 — — 7,798,562 Loans held for sale 4,124 4,124 — 550 3,574 Accrued interest receivable 40,444 40,444 — 40,444 — Derivative assets 53,019 53,019 — 52,997 22 Financial Liabilities Total deposits $ 9,988,121 $ 9,944,085 $ — $ 9,944,085 $ — Short-term debt — — — — — Long-term Federal Home Loan Bank advances and other 4,494 2,888 — 2,888 — Subordinated borrowings 121,001 110,109 — 110,109 — Derivative liabilities 101,745 101,745 — 101,745 — December 31, 2021 Carrying Fair (In thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets Cash and cash equivalents $ 1,627,807 $ 1,627,807 $ 1,627,807 $ — $ — Trading security 8,354 8,354 — — 8,354 Marketable equity securities 15,453 15,453 14,798 655 — Securities available for sale and other 1,877,585 1,877,585 — 1,873,555 4,030 Securities held to maturity 636,503 647,236 — 644,497 2,739 FHLB bank stock and restricted securities 10,800 N/A N/A N/A N/A Net loans 6,719,753 6,850,975 — — 6,850,975 Loans held for sale 6,110 6,110 — 6,110 — Accrued interest receivable 33,534 33,534 — 33,534 — Derivative assets 79,528 79,528 — 79,270 258 Financial Liabilities Total deposits $ 10,068,953 $ 10,073,217 $ — $ 10,073,217 $ — Short-term debt — — — — — Long-term Federal Home Loan Bank advances 13,331 13,053 — 13,053 — Subordinated borrowings 97,513 95,006 — 95,006 — Derivative liabilities 35,194 35,194 — 35,194 —

NET INTEREST INCOME AFTER BENEF

NET INTEREST INCOME AFTER BENEFIT/PROVISION FOR CREDIT LOSSES	9 Months Ended
	Sep. 30, 2022
Banking and Thrift, Interest [Abstract]
NET INTEREST INCOME AFTER BENEFIT/PROVISION FOR CREDIT LOSSES	NET INTEREST INCOME AFTER BENEFIT/PROVISION FOR CREDIT LOSSES Presented below is net interest income after provision for credit losses for the three and nine months ended September 30, 2022 and 2021, respectively. Three Months Ended September 30, Nine Months Ended September 30, (In thousands) 2022 2021 2022 2021 Net interest income $ 92,084 $ 71,368 $ 242,505 $ 221,854 Provision/(benefit) for credit losses 3,000 (4,000) (1,000) 2,500 Net interest after provision for credit losses $ 89,084 $ 75,368 $ 243,505 $ 219,354

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	BASIS OF PRESENTATION The Consolidated Financial Statements (the “financial statements”) of Berkshire Hills Bancorp, Inc. and its subsidiaries (the “Company” or “Berkshire”) have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The Company is a Delaware corporation, headquartered in Boston, Massachusetts, and the holding company for Berkshire Bank (the “Bank”), a Massachusetts-chartered trust company headquartered in Pittsfield, Massachusetts. These financial statements include the accounts of the Company, its wholly-owned subsidiaries and the Bank’s consolidated subsidiaries. In consolidation, all significant intercompany accounts and transactions are eliminated. The results of operations of companies or assets acquired are included only from the dates of acquisition. All material wholly-owned and majority-owned subsidiaries are consolidated unless GAAP requires otherwise. The Company has evaluated subsequent events for potential recognition and/or disclosure through the date these financial statements were issued. These interim financial statements have been prepared in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X, and accordingly, certain information and footnote disclosures normally included in financial statements prepared according to GAAP have been omitted. The results for any interim period are not necessarily indicative of results for the full year. These consolidated financial statements should be read in conjunction with the audited financial statements and disclosures Berkshire Hills Bancorp, Inc. previously filed with the Securities and Exchange Commission in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. In management’s opinion, all adjustments necessary for a fair statement are reflected in the interim periods.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements. Actual results could differ from those estimates. Refer to Note 9 – Other Commitments, Contingencies, Off-Balance Sheet Activities, and Pandemic Impact for pandemic related risks and uncertainties.
Recently Adopted Accounting Principles and Future Application of Accounting Pronouncements	Recently Adopted Accounting Principles There were no new applicable material accounting pronouncements adopted by the Company since December 31, 2021. Future Application of Accounting Pronouncements In March 2022, the FASB issued ASU No. 2022-01, “Derivatives and Hedging (Topic 815): Fair Value Hedging – Portfolio Layer Method.” The guidance expands the current last-of-layer method to allow multiple hedge layers of a single closed portfolio (renamed to portfolio layer method) and expands the portfolio layer method to include nonprepayable financial assets. The ASU specifies eligible hedging instruments in a single-layer hedge and provides additional guidance on accounting for and disclosure of hedge basis adjustments that are applicable to the portfolio layer method. Further, hedge basis adjustments should be considered when determining credit losses for assets included in the closed portfolio. The amendments in this ASU are effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. Early adoption is permitted. The Company is still evaluating; however, the adoption is not expected to have a material impact on the Company’s Consolidated Financial Statements. In March 2022, the FASB issued ASU No. 2022-02, “Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures.” The ASU eliminates the troubled debt restructuring (“TDR”) accounting model that was adopted with Topic 326, “Financial Instruments – Credit Losses” and enhances disclosure requirements for certain loan refinancings and restructurings when a borrower is experiencing financial difficulty. The ASU requires prospective disclosure of current-period gross write-offs by year of origination. The amendments in this ASU are effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. Early adoption is permitted and the Company can elect to adopt the amendments about TDRs and related disclosure enhancements separately from the amendments related to vintage disclosures. The Company is still evaluating; however, the adoption is not expected to have a material impact on the Company’s Consolidated Financial Statements.

SECURITIES AVAILABLE FOR SALE_2

SECURITIES AVAILABLE FOR SALE, HELD TO MATURITY, AND MARKETABLE EQUITY SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of Securities Available for Sale, Held to Maturity, and Marketable Equity Securities	The following is a summary of securities available for sale, held to maturity, and marketable equity securities: (In thousands) Amortized Cost Gross Gross Fair Value Allowance September 30, 2022 Securities available for sale U.S Treasuries $ 19,997 $ 3 $ — $ 20,000 Municipal bonds and obligations 66,399 21 (5,854) 60,566 — Agency collateralized mortgage obligations 656,132 — (98,619) 557,513 — Agency mortgage-backed securities 660,065 1 (106,329) 553,737 — Agency commercial mortgage-backed securities 270,609 — (35,033) 235,576 — Corporate bonds 45,269 83 (2,451) 42,901 — Other bonds and obligations 655 67 (66) 656 — Total securities available for sale 1,719,126 175 (248,352) 1,470,949 — Securities held to maturity Municipal bonds and obligations 267,821 299 (36,446) 231,674 67 Agency collateralized mortgage obligations 132,931 — (19,965) 112,966 — Agency mortgage-backed securities 52,175 — (10,333) 41,842 — Agency commercial mortgage-backed securities 137,177 — (22,659) 114,518 — Tax advantaged economic development bonds 2,235 5 (142) 2,098 28 Other bonds and obligations 164 — — 164 — Total securities held to maturity 592,503 304 (89,545) 503,262 95 Marketable equity securities 15,035 — (2,245) 12,790 — Total $ 2,326,664 $ 479 $ (340,142) $ 1,987,001 $ 95 (In thousands) Amortized Cost Gross Gross Fair Value Allowance December 31, 2021 Securities available for sale U.S Treasuries $ 59,972 $ 1 $ — $ 59,973 $ — Municipal bonds and obligations 71,822 5,355 — 77,177 — Agency collateralized mortgage obligations 693,782 5,566 (11,012) 688,336 — Agency mortgage-backed securities 711,154 2,347 (7,642) 705,859 — Agency commercial mortgage-backed securities 300,259 3,949 (3,628) 300,580 — Corporate bonds 44,824 950 (114) 45,660 — Total securities available for sale 1,881,813 18,168 (22,396) 1,877,585 — Securities held to maturity Municipal bonds and obligations 281,515 16,151 (693) 296,973 70 Agency collateralized mortgage obligations 149,195 3,203 (3,513) 148,885 — Agency mortgage-backed securities 57,327 95 (1,498) 55,924 — Agency commercial mortgage-backed securities 145,573 266 (3,289) 142,550 — Tax advantaged economic development bonds 2,728 26 (15) 2,739 35 Other bonds and obligations 165 — — 165 — Total securities held to maturity 636,503 19,741 (9,008) 647,236 105 Marketable equity securities 15,689 67 (303) 15,453 — Total $ 2,534,005 $ 37,976 $ (31,707) $ 2,540,274 $ 105
Schedule of Debt Securities, Held-to-maturity, Allowance for Credit Loss	The following table summarizes the activity in the allowance for credit losses for debt securities held to maturity by security type for the three and nine months ended September 30, 2022 and 2021: (In thousands) Municipal bonds and obligations Tax advantaged economic development bonds Total Balance at June 30, 2022 $ 66 $ 28 $ 94 Provision for credit losses 1 — 1 Balance at September 30, 2022 $ 67 $ 28 $ 95 (In thousands) Municipal bonds and obligations Tax advantaged economic development bonds Total Balance at June 30, 2021 $ 90 $ 40 $ 130 (Benefit)/provision for credit losses (3) (2) (5) Balance at September 30, 2021 $ 87 $ 38 $ 125 (In thousands) Municipal bonds and obligations Tax advantaged economic development bonds Total Balance at December 31, 2021 $ 70 $ 35 $ 105 (Benefit)/provision for credit losses (3) (7) (10) Balance at September 30, 2022 $ 67 $ 28 $ 95 (In thousands) Municipal bonds and obligations Tax advantaged economic development bonds Total Balance at December 31, 2020 $ 64 $ 40 $ 104 Provision/(benefit) for credit losses 23 (2) 21 Balance at September 30, 2021 $ 87 $ 38 $ 125
Schedule of Estimated Fair Value of Available for Sale (“AFS”) and Held to Maturity (“HTM”) Securities Segregated by Contractual Maturity	The amortized cost and estimated fair value of available for sale (“AFS”) and held to maturity (“HTM”) securities segregated by contractual maturity at September 30, 2022 are presented below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Mortgage-backed securities are shown in total, as their maturities are highly variable. Available for sale Held to maturity Amortized Fair Amortized Fair (In thousands) Cost Value Cost Value Within 1 year $ 20,441 $ 20,444 $ 1,711 $ 1,710 Over 1 year to 5 years 9,392 9,224 2,326 2,313 Over 5 years to 10 years 48,894 46,318 23,841 23,500 Over 10 years 53,593 48,137 242,342 206,413 Total bonds and obligations 132,320 124,123 270,220 233,936 Mortgage-backed securities 1,586,806 1,346,826 322,283 269,326 Total $ 1,719,126 $ 1,470,949 $ 592,503 $ 503,262
Schedule of Securities Available for Sale and Held to Maturity with Unrealized Losses, Segregated by Duration	Securities available for sale and held to maturity with unrealized losses, segregated by the duration of their continuous unrealized loss positions, are summarized as follows: Less Than Twelve Months Over Twelve Months Total Gross Gross Gross Unrealized Fair Unrealized Fair Unrealized Fair (In thousands) Losses Value Losses Value Losses Value September 30, 2022 Securities available for sale U.S Treasuries $ — $ — $ — $ — $ — $ — Municipal bonds and obligations 5,854 52,279 — — 5,854 52,279 Agency collateralized mortgage obligations 26,129 293,758 72,490 263,754 98,619 557,512 Agency mortgage-backed securities 48,764 314,987 57,565 238,651 106,329 553,638 Agency commercial mortgage-backed securities 19,323 154,763 15,710 80,799 35,033 235,562 Corporate bonds 1,627 34,126 824 7,851 2,451 41,977 Other bonds and obligations — — 66 295 66 295 Total securities available for sale $ 101,697 $ 849,913 $ 146,655 $ 591,350 $ 248,352 $ 1,441,263 Securities held to maturity Municipal bonds and obligations $ 22,075 $ 166,539 $ 14,371 $ 23,286 $ 36,446 $ 189,825 Agency collateralized mortgage obligations 2,537 52,558 17,428 60,408 19,965 112,966 Agency mortgage-backed securities 340 2,410 9,993 39,432 10,333 41,842 Agency commercial mortgage-backed securities 4,156 25,094 18,503 89,423 22,659 114,517 Tax advantaged economic development bonds 1 213 141 1,023 142 1,236 Total securities held to maturity 29,109 246,814 60,436 213,572 89,545 460,386 Total $ 130,806 $ 1,096,727 $ 207,091 $ 804,922 $ 337,897 $ 1,901,649 December 31, 2021 Securities available for sale Agency collateralized mortgage obligations $ 9,626 $ 375,132 $ 1,386 $ 27,025 $ 11,012 $ 402,157 Agency mortgage-backed securities 3,179 222,887 4,463 175,941 7,642 398,828 Agency commercial mortgage-backed securities 1,609 103,354 2,019 49,313 3,628 152,667 Corporate bonds 114 11,115 — — 114 11,115 Total securities available for sale $ 14,528 $ 712,488 $ 7,868 $ 252,279 $ 22,396 $ 964,767 Securities held to maturity Municipal bonds and obligations $ 693 $ 36,981 $ — $ — $ 693 $ 36,981 Agency collateralized mortgage obligations 1,808 49,308 1,705 36,212 3,513 85,520 Agency mortgage-backed securities 839 26,656 659 26,025 1,498 52,681 Agency commercial mortgage-backed securities 1,255 80,406 2,034 51,654 3,289 132,060 Tax advantaged economic development bonds 15 1,255 — — 15 1,255 Total securities held to maturity 4,610 194,606 4,398 113,891 9,008 308,497 Total $ 19,138 $ 907,094 $ 12,266 $ 366,170 $ 31,404 $ 1,273,264

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
	Sep. 30, 2022
Credit Loss [Abstract]
Schedule of Loans	The following is a summary of total loans by regulatory call report code with sub-segmentation based on underlying collateral for certain loan types: (In thousands) September 30, 2022 December 31, 2021 Construction $ 367,997 $ 324,282 Commercial multifamily 612,890 515,817 Commercial real estate owner occupied 632,001 606,477 Commercial real estate non-owner occupied 2,285,770 2,156,929 Commercial and industrial 1,395,172 1,284,429 Residential real estate 2,128,039 1,489,248 Home equity 234,027 252,366 Consumer other 287,585 196,299 Total loans $ 7,943,481 $ 6,825,847 Allowance for credit losses 96,013 106,094 Net loans $ 7,847,468 $ 6,719,753
Schedule of Allowance for Credit Losses for Loans, Activity	The Company’s activity in the allowance for credit losses for loans for the three and nine months ended September 30, 2022 and September 30, 2021 was as follows: (In thousands) Balance at Beginning of Period Charge-offs Recoveries Provision for Credit Losses Balance at End of Period Three months ended September 30, 2022 Construction $ 1,710 $ — $ — $ (479) $ 1,231 Commercial multifamily 4,621 (94) 112 (2,919) 1,720 Commercial real estate owner occupied 10,687 (176) 256 (582) 10,185 Commercial real estate non-owner occupied 26,166 (1,012) 153 4,114 29,421 Commercial and industrial 22,914 (5,545) 616 650 18,635 Residential real estate 16,411 (102) 131 3,398 19,838 Home equity 2,828 (9) 9 (407) 2,421 Consumer other 13,684 (486) 140 (776) 12,562 Total allowance for credit losses $ 99,021 $ (7,424) $ 1,417 $ 2,999 $ 96,013 (In thousands) Balance at Beginning of Period Charge-offs Recoveries Provision for Credit Losses Balance at End of Period Three months ended September 30, 2021 Construction $ 3,919 $ — $ — $ 714 $ 4,633 Commercial multifamily 7,197 — — (46) 7,151 Commercial real estate owner occupied 13,242 (84) 32 (342) 12,848 Commercial real estate non-owner occupied 30,315 (1,676) 267 2,870 31,776 Commercial and industrial 28,225 (1,279) 1,373 (2,385) 25,934 Residential real estate 23,643 (903) 312 (107) 22,945 Home equity 5,432 (12) 80 (845) 4,655 Consumer other 7,071 (380) 137 (3,854) 2,974 Total allowance for credit losses $ 119,044 $ (4,334) $ 2,201 $ (3,995) $ 112,916 (In thousands) Balance at Beginning of Period Charge-offs Recoveries Provision for Credit Losses Balance at End of Period Nine months ended September 30, 2022 Construction $ 3,206 $ — $ — $ (1,975) $ 1,231 Commercial multifamily 6,120 (94) 112 (4,418) 1,720 Commercial real estate owner occupied 12,752 (603) 562 (2,526) 10,185 Commercial real estate non-owner occupied 32,106 (5,895) 1,464 1,746 29,421 Commercial and industrial 22,584 (6,951) 2,485 517 18,635 Residential real estate 22,406 (480) 719 (2,807) 19,838 Home equity 4,006 (9) 255 (1,831) 2,421 Consumer other 2,914 (1,031) 375 10,304 12,562 Total allowance for credit losses $ 106,094 $ (15,063) $ 5,972 $ (990) $ 96,013 (In thousands) Balance at Beginning of Period Charge-offs Recoveries Provision for Credit Losses Balance at End of Period Nine months ended September 30, 2021 Construction $ 5,111 $ — $ — $ (478) $ 4,633 Commercial multifamily 5,916 (239) 157 1,317 7,151 Commercial real estate owner occupied 12,380 (686) 83 1,071 12,848 Commercial real estate non-owner occupied 35,850 (10,896) 571 6,251 31,776 Commercial and industrial 25,013 (8,184) 3,284 5,821 25,934 Residential real estate 28,491 (1,501) 1,417 (5,462) 22,945 Home equity 6,482 (253) 119 (1,693) 4,655 Consumer other 8,059 (1,283) 546 (4,348) 2,974 Total allowance for credit losses $ 127,302 $ (23,042) $ 6,177 $ 2,479 $ 112,916
Schedule of Allowance for Credit Losses on Unfunded Loan Commitments, Activity	The Company’s activity in the allowance for credit losses on unfunded commitments for the three and nine months ended September 30, 2022 and 2021 was as follows: Three Months Ended (In thousands) 2022 2021 Balance at beginning of period $ 7,043 $ 7,829 Expense for credit losses 700 — Balance at end of period $ 7,743 $ 7,829 Nine Months Ended (In thousands) 2022 2021 Balance at beginning of period $ 7,043 $ 7,629 Expense for credit losses 700 200 Balance at end of period $ 7,743 $ 7,829
Schedule of Loans by Risk Rating	The following table presents the Company’s loans by risk category: Term Loans Amortized Cost Basis by Origination Year (In thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of September 30, 2022 Construction Risk rating Pass $ 117,627 $ 129,188 $ 31,541 $ 65,388 $ 2,331 $ 2,103 $ — $ — $ 348,178 Special Mention — — — — — — — — — Substandard — — — — 19,819 — — — 19,819 Total $ 117,627 $ 129,188 $ 31,541 $ 65,388 $ 22,150 $ 2,103 $ — $ — $ 367,997 Commercial multifamily: Risk rating Pass $ 194,494 $ 61,247 $ 27,732 $ 94,937 $ 68,290 $ 157,611 $ 400 $ — $ 604,711 Special Mention — — 2,646 — 5,533 — — — 8,179 Substandard — — — — — — — — — Total $ 194,494 $ 61,247 $ 30,378 $ 94,937 $ 73,823 $ 157,611 $ 400 $ — $ 612,890 Commercial real estate owner occupied: Risk rating Pass $ 101,409 $ 133,212 $ 60,422 $ 84,434 $ 76,062 $ 164,207 $ 3,169 $ — $ 622,915 Special Mention — — — — — 114 — — 114 Substandard 1,033 122 31 366 1,311 6,109 — — 8,972 Total $ 102,442 $ 133,334 $ 60,453 $ 84,800 $ 77,373 $ 170,430 $ 3,169 $ — $ 632,001 Commercial real estate non-owner occupied: Risk rating Pass $ 421,349 $ 445,515 $ 168,958 $ 291,942 $ 296,356 $ 568,691 $ 18,051 $ — $ 2,210,862 Special Mention — — — 13,686 — 31,073 — — 44,759 Substandard — — 7,333 — 16,081 6,735 — — 30,149 Total $ 421,349 $ 445,515 $ 176,291 $ 305,628 $ 312,437 $ 606,499 $ 18,051 $ — $ 2,285,770 Commercial and industrial: Risk rating Pass $ 175,428 $ 159,122 $ 81,452 $ 75,464 $ 95,370 $ 109,382 $ 635,314 $ — $ 1,331,532 Special Mention — — — 667 12,558 — — — 13,225 Substandard 91 559 4,215 9,044 1,420 3,297 31,711 — 50,337 Doubtful — — — — — — 78 — 78 Total $ 175,519 $ 159,681 $ 85,667 $ 85,175 $ 109,348 $ 112,679 $ 667,103 $ — $ 1,395,172 Residential real estate Risk rating Pass $ 770,095 $ 281,469 $ 100,116 $ 73,592 $ 147,992 $ 736,711 $ 286 $ — $ 2,110,261 Special Mention — — 158 — — 1,942 — — 2,100 Substandard — 3,254 — 274 2,086 10,064 — — 15,678 Total $ 770,095 $ 284,723 $ 100,274 $ 73,866 $ 150,078 $ 748,717 $ 286 $ — $ 2,128,039 Term Loans Amortized Cost Basis by Origination Year (In thousands) 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of December 31, 2021 Construction Risk rating Pass $ 71,784 $ 52,725 $ 117,784 $ 66,950 $ 3,839 $ 1,721 $ 50 $ — $ 314,853 Special Mention — — — — — — — — — Substandard — — — 9,429 — — — — 9,429 Total $ 71,784 $ 52,725 $ 117,784 $ 76,379 $ 3,839 $ 1,721 $ 50 $ — $ 324,282 Commercial multifamily: Risk rating Pass $ 63,630 $ 28,172 $ 98,455 $ 59,720 $ 76,699 $ 176,020 $ 457 $ — $ 503,153 Special Mention — 2,700 — 5,598 — — — — 8,298 Substandard — — — — — 4,230 136 — 4,366 Total $ 63,630 $ 30,872 $ 98,455 $ 65,318 $ 76,699 $ 180,250 $ 593 $ — $ 515,817 Commercial real estate owner occupied: Risk rating Pass $ 154,434 $ 50,236 $ 85,687 $ 91,316 $ 45,995 $ 157,346 $ 3,206 $ — $ 588,220 Special Mention — 525 869 1,668 1,405 1,157 — — 5,624 Substandard — — 2,113 1,593 838 8,089 — — 12,633 Total $ 154,434 $ 50,761 $ 88,669 $ 94,577 $ 48,238 $ 166,592 $ 3,206 $ — $ 606,477 Commercial real estate non-owner occupied: Risk rating Pass $ 426,086 $ 176,172 $ 296,985 $ 349,947 $ 204,043 $ 585,044 $ 19,511 $ — $ 2,057,788 Special Mention — 221 3,472 7,632 2,302 27,268 — — 40,895 Substandard — 7,588 — 2,784 33,472 14,303 99 — 58,246 Total $ 426,086 $ 183,981 $ 300,457 $ 360,363 $ 239,817 $ 626,615 $ 19,610 $ — $ 2,156,929 Commercial and industrial: Risk rating Pass $ 187,257 $ 130,520 $ 114,153 $ 156,443 $ 54,190 $ 136,837 $ 424,393 $ — $ 1,203,793 Special Mention 661 1,691 10,824 5,092 1,433 488 22,468 — 42,657 Substandard 211 2,494 9,609 3,145 2,020 2,330 17,935 — 37,744 Doubtful — — — — — 15 220 — 235 Total $ 188,129 $ 134,705 $ 134,586 $ 164,680 $ 57,643 $ 139,670 $ 465,016 $ — $ 1,284,429 Residential real estate Risk rating Pass $ 214,306 $ 114,536 $ 86,997 $ 169,537 $ 189,980 $ 697,401 $ 293 $ — $ 1,473,050 Special Mention — — — 120 502 1,557 — — 2,179 Substandard 1,239 — 142 1,849 2,161 8,628 — — 14,019 Total $ 215,545 $ 114,536 $ 87,139 $ 171,506 $ 192,643 $ 707,586 $ 293 $ — $ 1,489,248 For home equity and consumer other loan portfolio segments, Berkshire evaluates credit quality based on the aging status of the loan and by payment activity. The performing or nonperforming status is updated on an ongoing basis dependent upon improvement and deterioration in credit quality. The following table presents the amortized cost based on payment activity: Term Loans Amortized Cost Basis by Origination Year (In thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of September 30, 2022 Home equity: Payment performance Performing $ — $ 117 $ 457 $ — $ — $ 19 $ 231,218 $ — $ 231,811 Nonperforming — — — — — — 2,216 — 2,216 Total $ — $ 117 $ 457 $ — $ — $ 19 $ 233,434 $ — $ 234,027 Consumer other: Payment performance Performing $ 159,609 $ 30,603 $ 8,901 $ 14,548 $ 33,215 $ 30,817 $ 8,035 $ — $ 285,728 Nonperforming 279 165 20 271 562 553 7 — 1,857 Total $ 159,888 $ 30,768 $ 8,921 $ 14,819 $ 33,777 $ 31,370 $ 8,042 $ — $ 287,585 Term Loans Amortized Cost Basis by Origination Year (In thousands) 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of December 31, 2021 Home equity: Payment performance Performing $ 125 $ 469 $ — $ — $ — $ 24 $ 249,590 $ — $ 250,208 Nonperforming — — — — — — 2,158 — 2,158 Total $ 125 $ 469 $ — $ — $ — $ 24 $ 251,748 $ — $ 252,366 Consumer other: Payment performance Performing $ 37,994 $ 11,189 $ 21,548 $ 55,577 $ 30,632 $ 28,797 $ 7,505 $ — $ 193,242 Nonperforming 8 46 290 797 746 1,139 31 — 3,057 Total $ 38,002 $ 11,235 $ 21,838 $ 56,374 $ 31,378 $ 29,936 $ 7,536 $ — $ 196,299 The following table summarizes information about total loans rated Special Mention or lower at September 30, 2022 and December 31, 2021. The table below includes consumer loans that are Special Mention and Substandard accruing that are classified as performing based on payment activity. (In thousands) September 30, 2022 December 31, 2021 Non-Accrual $ 37,853 $ 35,326 Substandard Accruing 88,649 106,560 Total Classified 126,502 141,886 Special Mention 69,530 100,071 Total Criticized $ 196,032 $ 241,957
Summary of Past Due Loans	The following is a summary of loans by past due status at September 30, 2022 and December 31, 2021: (In thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans September 30, 2022 Construction $ — $ — $ — $ — $ 367,997 $ 367,997 Commercial multifamily — — — — 612,890 612,890 Commercial real estate owner occupied 391 114 3,831 4,336 627,665 632,001 Commercial real estate non-owner occupied 368 3 206 577 2,285,193 2,285,770 Commercial and industrial 2,844 1,192 22,986 27,022 1,368,150 1,395,172 Residential real estate 4,566 2,281 13,038 19,885 2,108,154 2,128,039 Home equity 170 206 2,216 2,592 231,435 234,027 Consumer other 1,720 809 1,862 4,391 283,194 287,585 Total $ 10,059 $ 4,605 $ 44,139 $ 58,803 $ 7,884,678 $ 7,943,481 (In thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans December 31, 2021 Construction $ — $ — $ — $ — $ 324,282 $ 324,282 Commercial multifamily 82 306 187 575 515,242 515,817 Commercial real estate owner occupied — 400 4,221 4,621 601,856 606,477 Commercial real estate non-owner occupied 25,420 653 9,049 35,122 2,121,807 2,156,929 Commercial and industrial 2,700 709 6,836 10,245 1,274,184 1,284,429 Residential real estate 5,529 2,015 13,264 20,808 1,468,440 1,489,248 Home equity 258 108 2,158 2,524 249,842 252,366 Consumer other 1,363 320 2,882 4,565 191,734 196,299 Total $ 35,352 $ 4,511 $ 38,597 $ 78,460 $ 6,747,387 $ 6,825,847
Summary of Loans on Nonaccrual Status and Loans Past Due	The following is a summary of loans on nonaccrual status and loans past due 90 days or more and still accruing as of September 30, 2022 and December 31, 2021: (In thousands) Nonaccrual Amortized Cost Nonaccrual With No Related Allowance Past Due 90 Days or Greater and Accruing Interest Income Recognized on Nonaccrual At or for the three months ended September 30, 2022 Construction $ — $ — $ — $ — Commercial multifamily — — — — Commercial real estate owner occupied 2,722 1,987 1,109 — Commercial real estate non-owner occupied 206 80 — — Commercial and industrial 20,977 18,292 2,009 — Residential real estate 10,703 6,355 2,335 — Home equity 1,725 518 491 — Consumer other 1,520 2 342 — Total $ 37,853 $ 27,234 $ 6,286 $ — The commercial and industrial loans nonaccrual amortized cost as of September 30, 2022 included medallion loans with a fair value of $0.8 million and a contractual balance of $13.4 million. (In thousands) Nonaccrual Amortized Cost Nonaccrual With No Related Allowance Past Due 90 Days or Greater and Accruing Interest Income Recognized on Nonaccrual At or for the three months ended December 31, 2021 Construction $ — $ — $ — $ — Commercial multifamily 187 187 — — Commercial real estate owner occupied 4,221 2,413 — — Commercial real estate non-owner occupied 8,877 8,412 172 — Commercial and industrial 6,747 1,506 89 — Residential real estate 10,698 6,511 2,566 — Home equity 1,901 141 257 — Consumer other 2,695 4 187 — Total $ 35,326 $ 19,174 $ 3,271 $ —
Schedule of Collateral Dependent Loans	The following table presents the amortized cost basis of individually analyzed collateral-dependent loans by loan portfolio segment: Type of Collateral (In thousands) Real Estate Investment Securities/Cash Other September 30, 2022 Construction $ — $ — $ — Commercial multifamily — — Commercial real estate owner occupied 3,380 — — Commercial real estate non-owner occupied 394 — — Commercial and industrial 461 — 19,113 Residential real estate 5,537 — — Home equity 638 — — Consumer other 4 — — Total loans $ 10,414 $ — $ 19,113 December 31, 2021 Construction $ 9,429 $ — $ — Commercial multifamily 188 — — Commercial real estate owner occupied 4,466 — — Commercial real estate non-owner occupied 9,501 — — Commercial and industrial 526 — 1,040 Residential real estate 7,035 — — Home equity 262 — — Consumer other 2 — — Total loans $ 31,409 $ — $ 1,040
Schedule of Troubled Debt Restructurings, Activity	The following table presents activity in TDRs for the three and nine months ended September 30, 2022 and September 30, 2021: (In thousands) Balance at Beginning of Period Principal Payments TDR Status Change Other Additions/(Reductions) Newly Identified TDRs Balance at End of Period Three months ended September 30, 2022 Construction $ — $ — $ — $ — $ — $ — Commercial multifamily 677 (7) — (175) — 495 Commercial real estate owner occupied 2,701 (28) — (16) — 2,657 Commercial real estate non-owner occupied 986 (13) — — — 973 Commercial and industrial 4,651 (426) — (15) — 4,210 Residential real estate 1,019 (17) — — — 1,002 Home equity 162 (62) — — — 100 Consumer other 30 (2) — — 545 573 Total $ 10,226 $ (555) $ — $ (206) $ 545 $ 10,010 (In thousands) Balance at Beginning of Period Principal Payments TDR Status Change Other Additions/(Reductions) Newly Identified TDRs Balance at End of Period Three months ended September 30, 2021 Construction $ — $ — $ — $ — $ — $ — Commercial multifamily 728 (11) — — — 717 Commercial real estate owner occupied 2,962 (33) — — — 2,929 Commercial real estate non-owner occupied 24,488 (67) — (10,967) — 13,454 Commercial and industrial 6,810 (387) — (3,105) 283 3,601 Residential real estate 1,305 (160) — — — 1,145 Home equity 127 (3) — — — 124 Consumer other 37 (2) — (1) — 34 Total $ 36,457 $ (663) $ — $ (14,073) $ 283 $ 22,004 (In thousands) Balance at Beginning of Period Principal Payments TDR Status Change Other Additions/(Reductions) Newly Identified TDRs Balance at End of Period Nine months ended September 30, 2022 Construction $ 9,429 $ — $ — $ (9,429) $ — $ — Commercial multifamily 703 (33) — (175) — 495 Commercial real estate owner occupied 2,733 (60) — (16) — 2,657 Commercial real estate non-owner occupied 9,310 (25) — (8,312) — 973 Commercial and industrial 3,656 (768) — (164) 1,486 4,210 Residential real estate 1,117 (48) — (67) — 1,002 Home equity 121 (71) — — 50 100 Consumer other 33 (5) — — 545 573 Total $ 27,102 $ (1,010) $ — $ (18,163) $ 2,081 $ 10,010 (In thousands) Balance at Beginning of Period Principal Payments TDR Status Change Other Additions/(Reductions) Newly Identified TDRs Balance at End of Period Nine months ended September 30, 2021 Construction $ — $ — $ — $ — $ — $ — Commercial multifamily 754 (37) — — — 717 Commercial real estate owner occupied 1,731 (68) — — 1,266 2,929 Commercial real estate non-owner occupied 13,684 (163) — (11,046) 10,979 13,454 Commercial and industrial 2,686 (815) — (3,141) 4,871 3,601 Residential real estate 1,524 (205) — (174) — 1,145 Home equity 133 (9) — — — 124 Consumer other 36 (7) — 5 — 34 Total $ 20,548 $ (1,304) $ — $ (14,356) $ 17,116 $ 22,004
Schedule of Loans Modified as TDRs	The following table presents loans modified as TDRs that occurred during the three and nine months ended September 30, 2022 and 2021: (dollars in thousands) Total Three months ended September 30, 2022 TDR: Number of loans 30 Pre-modification outstanding recorded investment $ 545 Post-modification outstanding recorded investment $ 545 Three months ended September 30, 2021 TDR: Number of loans 2 Pre-modification outstanding recorded investment $ 283 Post-modification outstanding recorded investment $ 283 (dollars in thousands) Total Nine months ended September 30, 2022 TDR: Number of loans 32 Pre-modification outstanding recorded investment $ 2,081 Post-modification outstanding recorded investment $ 2,081 Nine months ended September 30, 2021 TDR: Number of loans 15 Pre-modification outstanding recorded investment $ 17,116 Post-modification outstanding recorded investment $ 17,116 There were no TDRs for which there was a payment default within twelve months following the modification during the three months ending September 30, 2022. The following table presents loans by portfolio segment modified as TDRs for which there was a payment default within twelve months following the modification during the nine months ended September 30, 2022: (in thousands) Number of Loans Recorded Investment Nine months ended September 30, 2022 Commercial and industrial 1 $ 105 Total 1 $ 105

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
	Sep. 30, 2022
Deposits [Abstract]
Schedule of Time Deposits	A summary of time deposits is as follows: (In thousands) September 30, December 31, Time less than $100,000 $ 533,683 $ 676,979 Time $100,000 through $250,000 631,551 610,174 Time more than $250,000 380,022 391,787 Total time deposits $ 1,545,256 $ 1,678,940

BORROWED FUNDS (Tables)

BORROWED FUNDS (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Borrowed Funds	Borrowed funds at September 30, 2022 and December 31, 2021 are summarized as follows: September 30, 2022 December 31, 2021 Weighted Weighted Average Average (Dollars in thousands) Principal Rate Principal Rate Short-term borrowings: Advances from the FHLB $ — — % $ — — % Total short-term borrowings: — — — — Long-term borrowings: Advances from the FHLB and other borrowings 4,494 0.71 13,331 1.75 Subordinated borrowings 98,038 5.50 74,590 7.00 Junior subordinated borrowing - Trust I 15,464 4.81 15,464 2.01 Junior subordinated borrowing - Trust II 7,499 4.99 7,459 1.90 Total long-term borrowings: 125,495 5.21 110,844 5.33 Total $ 125,495 5.21 % $ 110,844 5.33 %
Summary of Maturities of FHLBB Advances	A summary of maturities of FHLB advances as of September 30, 2022 is as follows: September 30, 2022 Weighted Average (In thousands, except rates) Principal Rate Fixed rate advances maturing: 2022 $ — — % 2023 — — 2024 28 — 2025 — — 2025 and beyond 4,466 0.71 Total FHLB advances $ 4,494 0.71 %

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Interest Rate Swap Agreements and Non-Hedging Derivative Assets and Liabilities	Information about derivative assets and liabilities at September 30, 2022, follows: Weighted Weighted Average Rate Estimated Notional Average Contract Fair Value Amount Maturity Received pay rate Asset (Liability) (In thousands) (In years) (In thousands) Cash flow hedges: Interest rate swaps on commercial loans $ 225,000 2.9 2.50 % 3.25 % $ (4,740) Forward-starting interest rate swaps on commercial loans 175,000 3.0 — % 3.84 % $ (815) Total cash flow hedges 400,000 (5,555) Economic hedges: Interest rate swap on tax advantaged economic development bond $ 7,270 7.4 5.09 % 4.25 % $ (205) Interest rate swaps on loans with commercial loan customers (1) 1,653,839 5.8 3.98 % 4.26 % (95,836) Offsetting interest rate swaps on loans with commercial loan customers (1) 1,653,839 5.8 4.26 % 3.98 % 52,834 Risk participation agreements with dealer banks 325,063 6.9 13 Forward sale commitments 539 0.2 7 Total economic hedges 3,640,550 (43,187) Non-hedging derivatives: Commitments to lend 3,132 0.2 16 Total non-hedging derivatives 3,132 16 Total $ 4,043,682 $ (48,726) (1) Fair value estimates include the impact of $43.0 million settled to market contract agreements. Information about derivative assets and liabilities at December 31, 2021, follows: Weighted Weighted Average Rate Estimated Notional Average Contract Fair Value Amount Maturity Received pay rate Asset (Liability) (In thousands) (In years) (In thousands) Economic hedges: Interest rate swap on tax advantaged economic development bond $ 7,879 7.9 0.47 % 5.09 % $ (1,158) Interest rate swaps on loans with commercial loan customers 1,684,238 5.8 3.99 % 1.91 % 74,348 Offsetting interest rate swaps on loans with commercial loan customers (1) 1,684,238 5.8 1.91 % 3.99 % (30,454) Risk participation agreements with dealer banks 320,981 5.8 432 Forward sale commitments 6,377 0.2 134 Total economic hedges 3,703,713 43,302 Non-hedging derivatives: Commitments to lend 8,192 0.2 124 Total non-hedging derivatives 8,192 124 Total $ 3,711,905 $ 43,426 (1) Fair value estimates include the impact of $45.7 million settled to market contract agreements.
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	Amounts included in the Consolidated Statements of Income and in the other comprehensive income section of the Consolidated Statements of Comprehensive Income (related to interest rate derivatives designated as hedges of cash flows), were as follows: Three Months Ended September 30, Nine Months Ended (In thousands) 2022 2021 2022 2021 Interest rate swaps on commercial loans: Unrealized (loss) recognized in accumulated other comprehensive loss $ (5,555) $ — $ (5,555) $ — Less: Reclassification of unrealized (loss) from accumulated other comprehensive loss to interest expense — — — — Net tax benefit on items recognized in accumulated other comprehensive income 1,494 — 1,494 — Other comprehensive loss recorded in accumulated other comprehensive income, net of reclassification adjustments and tax effects $ (4,061) $ — $ (4,061) $ — Net interest expense recognized in interest expense on hedged commercial loans $ (136) $ — $ (136) $ —
Schedule of Amounts Included in the Consolidated Statements of Income Related to Economic Hedges and Non-Hedging Derivatives	Amounts included in the Consolidated Statements of Income related to economic hedges and non-hedging derivatives were as follows: Three Months Ended September 30, Nine Months Ended September 30, (In thousands) 2022 2021 2022 2021 Economic hedges Interest rate swap on industrial revenue bond: Unrealized gain recognized in other non-interest income $ 304 $ 106 $ 953 $ 462 Interest rate swaps on loans with commercial loan customers: Unrealized (loss) recognized in other non-interest income (53,788) (17,164) (177,413) (66,949) Favorable change in credit valuation adjustment recognized in other non-interest income — 874 1,809 2,394 Offsetting interest rate swaps on loans with commercial loan customers: Unrealized gain recognized in other non-interest income 53,788 17,164 177,413 66,949 Risk participation agreements: Unrealized (loss) recognized in other non-interest income (19) (103) (419) (282) Forward commitments: Unrealized (loss)/gain recognized in other non-interest income (11) 10 (127) (218) Non-hedging derivatives Commitments to lend Unrealized (loss) recognized in other non-interest income $ (100) $ (39) $ (108) $ (513) Realized gain in other non-interest income 78 500 420 2,310
Schedule of Assets Subject to an Enforceable Master Netting Arrangement	Offsetting of Financial Assets and Derivative Assets Gross Gross Amounts Net Amounts Gross Amounts Not Offset in Recognized Statements of Statements of Financial Cash (In thousands) Assets Condition Condition Instruments Collateral Received Net Amount September 30, 2022 Interest Rate Swap Agreements: Institutional counterparties $ 101,474 $ (48,639) $ 52,835 $ — $ — $ 52,835 Commercial counterparties 98 — 98 — — 98 Total $ 101,572 $ (48,639) $ 52,933 $ — $ — $ 52,933 Offsetting of Financial Assets and Derivative Assets Gross Gross Amounts Net Amounts Gross Amounts Not Offset in Recognized Statements of Statements of Financial Cash (In thousands) Assets Condition Condition Instruments Collateral Received Net Amount December 31, 2021 Interest Rate Swap Agreements: Institutional counterparties $ 2,223 $ (75) $ 2,148 $ — $ — $ 2,148 Commercial counterparties 76,809 — 76,809 — — 76,809 Total $ 79,032 $ (75) $ 78,957 $ — $ — $ 78,957
Schedule of Liabilities Subject to an Enforceable Master Netting Arrangement	Offsetting of Financial Liabilities and Derivative Liabilities Gross Gross Amounts Net Amounts Gross Amounts Not Offset in Recognized Statements of Statements of Financial Cash (In thousands) Liabilities Condition Condition Instruments Collateral Pledged Net Amount September 30, 2022 Interest Rate Swap Agreements: Institutional counterparties $ (232) $ 42 $ (190) $ 22,273 $ 14,863 $ 36,946 Commercial counterparties (101,353) 5,419 (95,934) — — (95,934) Total $ (101,585) $ 5,461 $ (96,124) $ 22,273 $ 14,863 $ (58,988) Offsetting of Financial Liabilities and Derivative Liabilities Gross Gross Amounts Net Amounts Gross Amounts Not Offset in Recognized Statements of Statements of Financial Cash (In thousands) Liabilities Condition Condition Instruments Collateral Pledged Net Amount December 31, 2021 Interest Rate Swap Agreements: Institutional counterparties $ (78,146) $ 44,814 $ (33,332) $ 34,896 $ 43,694 $ 45,258 Commercial counterparties (2,461) — (2,461) — — (2,461) Total $ (80,607) $ 44,814 $ (35,793) $ 34,896 $ 43,694 $ 42,797

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Schedule of ROU Assets and Lease Liabilities	The following table represents the Consolidated Balance Sheets classification of the Company’s right-of-use (“ROU”) assets and lease liabilities: (In thousands) September 30, 2022 December 31, 2021 Lease Right-of-Use Assets Classification Operating lease right-of-use assets Other assets $ 48,467 $ 52,180 Finance lease right-of-use assets Premises and equipment, net 6,282 6,674 Total Lease Right-of-Use Assets $ 54,749 $ 58,854 Lease Liabilities Operating lease liabilities Other liabilities $ 55,269 $ 55,674 Finance lease liabilities Other liabilities 9,448 9,862 Total Lease Liabilities $ 64,717 $ 65,536
Schedule of Supplemental Information Related to Leases	Supplemental information related to leases was as follows: September 30, 2022 December 31, 2021 Weighted-Average Remaining Lease Term (in years) Operating leases 9.1 9.5 Finance leases 12.1 12.8 Weighted-Average Discount Rate Operating leases 2.60 % 2.77 % Finance leases 5.00 % 5.00 %
Schedule of Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows: Three Months Ended (In thousands) September 30, 2022 September 30, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,518 $ 2,524 Operating cash flows from finance leases 119 126 Financing cash flows from finance leases 139 132 Nine Months Ended (In thousands) September 30, 2022 September 30, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 7,657 $ 8,358 Operating cash flows from finance leases 359 379 Financing cash flows from finance leases 414 394
Schedule of Maturity Analysis of Operating Lease Liability	The following table presents a maturity analysis of the Company’s lease liability by lease classification at September 30, 2022: (In thousands) Operating Leases Finance Leases 2022 $ 2,522 $ 256 2023 10,068 1,037 2024 8,506 1,037 2025 6,541 1,037 2026 5,323 1,037 Thereafter 29,271 8,187 Total undiscounted lease payments 62,231 12,591 Less amounts representing interest (6,962) (3,143) Lease liability $ 55,269 $ 9,448
Schedule of Maturity Analysis of Finance Lease Liability	The following table presents a maturity analysis of the Company’s lease liability by lease classification at September 30, 2022: (In thousands) Operating Leases Finance Leases 2022 $ 2,522 $ 256 2023 10,068 1,037 2024 8,506 1,037 2025 6,541 1,037 2026 5,323 1,037 Thereafter 29,271 8,187 Total undiscounted lease payments 62,231 12,591 Less amounts representing interest (6,962) (3,143) Lease liability $ 55,269 $ 9,448

CAPITAL RATIOS AND SHAREHOLDE_2

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY (Tables)	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Schedule of Actual and Required Capital Ratios	The actual and required capital ratios were as follows: September 30, December 31, Minimum Capital Requirement Company (consolidated) Total capital to risk-weighted assets 15.1 % 17.3 % 8.0 % Common equity tier 1 capital to risk-weighted assets 12.7 15.0 4.5 Tier 1 capital to risk-weighted assets 13.0 15.3 6.0 Tier 1 capital to average assets 10.1 10.5 4.0 September 30, December 31, Regulatory Minimum to be Adequately Capitalized Regulatory Bank Total capital to risk-weighted assets 13.6 % 15.9 % 8.0 % 10.0 % Common equity tier 1 capital to risk-weighted assets 12.7 14.8 4.5 6.5 Tier 1 capital to risk-weighted assets 12.7 14.8 6.0 8.0 Tier 1 capital to average assets 9.9 10.1 4.0 5.0
Schedule of Components of Accumulated Other Comprehensive Income (Loss)	Components of accumulated other comprehensive (loss) is as follows: (In thousands) September 30, December 31, Other accumulated comprehensive income, before tax: Net unrealized holding (loss) on AFS securities $ (246,739) $ (1,806) Net unrealized (loss) on cash flow hedging derivatives (5,555) — Net unrealized holding (loss) on pension plans (2,518) (2,518) Income taxes related to items of accumulated other comprehensive income: Net unrealized tax benefit on AFS securities 64,150 407 Net unrealized tax benefit on cash flow hedging derivatives 1,494 — Net unrealized tax benefit on pension plans 674 674 Accumulated other comprehensive loss $ (188,494) $ (3,243)
Schedule of Components of Other Comprehensive Income (Loss)	The following table presents the components of other comprehensive (loss) for the three and nine months ended September 30, 2022 and 2021: (In thousands) Before Tax Tax Effect Net of Tax Three Months Ended September 30, 2022 Net unrealized holding loss on AFS securities: x Net unrealized (losses) arising during the period $ (83,073) $ 21,639 $ (61,434) Less: reclassification adjustment for gains realized in net income — — — Net unrealized holding (loss) on AFS securities (83,073) 21,639 (61,434) Net unrealized loss on cash flow hedging derivatives: Net unrealized (loss) arising during the period (5,555) 1,494 (4,061) Less: reclassification adjustment for (losses) realized in net income — — — Net unrealized (loss) on cash flow hedging derivatives (5,555) 1,494 (4,061) Other comprehensive (loss) $ (88,628) $ 23,133 $ (65,495) Three Months Ended September 30, 2021 Net unrealized holding loss on AFS securities: Net unrealized (losses) arising during the period $ (10,098) $ 2,575 $ (7,523) Less: reclassification adjustment for gains realized in net income — — — Net unrealized holding (loss) on AFS securities (10,098) 2,575 (7,523) Net unrealized loss on cash flow hedging derivatives: Net unrealized (loss) arising during the period — — — Less: reclassification adjustment for (losses) realized in net income — — — Net unrealized gain on cash flow hedging derivatives — — — Other comprehensive (loss) $ (10,098) $ 2,575 $ (7,523) (In thousands) Before Tax Tax Effect Net of Tax Nine Months Ended September 30, 2022 Net unrealized holding loss on AFS securities: Net unrealized (losses) arising during the period $ (244,927) $ 63,741 $ (181,186) Less: reclassification adjustment for gains realized in net income 6 (2) 4 Net unrealized holding (loss) on AFS securities (244,933) 63,743 (181,190) Net unrealized loss on cash flow hedging derivatives: Net unrealized (loss) arising during the period (5,555) 1,494 (4,061) Less: reclassification adjustment for (losses) realized in net income — — — Net unrealized loss on cash flow hedging derivatives (5,555) 1,494 (4,061) Other comprehensive (loss) $ (250,488) $ 65,237 $ (185,251) Nine Months Ended September 30, 2021 Net unrealized holding loss on AFS securities: Net unrealized (losses) arising during the period $ (31,718) $ 8,096 $ (23,622) Less: reclassification adjustment for gains realized in net income — — — Net unrealized holding (loss) on AFS securities (31,718) 8,096 (23,622) Net unrealized loss on cash flow hedging derivatives: Net unrealized (loss) arising during the period — — — Less: reclassification adjustment for (losses) realized in net income — — — Net unrealized gain on cash flow hedging derivatives — — — Other comprehensive (loss) $ (31,718) $ 8,096 $ (23,622)
Schedule of Gross Changes in Each Component of Accumulated Other Comprehensive Income	The following table presents the changes in each component of accumulated other comprehensive (loss), for the three and nine months ended September 30, 2022 and 2021: (In thousands) Net unrealized Net loss on Net unrealized Total Three Months Ended September 30, 2022 Balance at Beginning of Period $ (121,154) $ — $ (1,845) $ (122,999) Other comprehensive (loss) before reclassifications (61,434) (4,061) — (65,495) Less: amounts reclassified from accumulated other comprehensive (loss) — — — — Total other comprehensive (loss) (61,434) (4,061) — (65,495) Balance at End of Period $ (182,588) $ (4,061) $ (1,845) $ (188,494) Three Months Ended September 30, 2021 Balance at Beginning of Period $ 17,359 $ — $ (2,587) $ 14,772 Other comprehensive (loss) before reclassifications (7,523) — — (7,523) Less: amounts reclassified from accumulated other comprehensive (loss) — — — — Total other comprehensive income (7,523) — — (7,523) Balance at End of Period $ 9,836 $ — $ (2,587) $ 7,249 Nine Months Ended September 30, 2022 Balance at Beginning of Period $ (1,398) $ — $ (1,845) $ (3,243) Other comprehensive (loss) before reclassifications (181,186) (4,061) — (185,247) Less: amounts reclassified from accumulated other comprehensive income 4 — — 4 Total other comprehensive (loss) (181,190) (4,061) — (185,251) Balance at End of Period $ (182,588) $ (4,061) $ (1,845) $ (188,494) Nine Months Ended September 30, 2021 Balance at Beginning of Period $ 33,458 $ — $ (2,587) $ 30,871 Other comprehensive (loss) before reclassifications (23,622) — (23,622) Less: amounts reclassified from accumulated other comprehensive income — — — — Total other comprehensive (loss) (23,622) — — (23,622) Balance at End of Period $ 9,836 $ — $ (2,587) $ 7,249
Schedule of Amounts Reclassified Out of Each Component of Accumulated Other Comprehensive Income	The following table presents the amounts reclassified out of each component of accumulated other comprehensive income for the three and nine months ended September 30, 2022 and 2021: Affected Line Item in the Three Months Ended September 30, Statement where Net Income (In thousands) 2022 2021 is Presented Realized gains on AFS securities: $ — $ — Non-interest income — — Retained earnings — — Tax expense — — Net of tax Total reclassifications for the period $ — $ — Net of tax Affected Line Item in the Nine Months Ended September 30, Statement where Net Income (In thousands) 2022 2021 is Presented Realized gains on AFS securities: $ 6 Non-interest income (2) — Tax expense 4 — Net of tax Total reclassifications for the period $ 4 $ — Net of tax

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Earnings per share have been computed based on the following (average diluted shares outstanding are calculated using the treasury stock method): Three Months Ended September 30, Nine Months Ended September 30, (In thousands, except per share data) 2022 2021 2022 2021 Net income $ 18,717 $ 63,749 $ 62,028 $ 98,416 Average number of common shares issued 51,903 51,903 51,903 51,903 Less: average number of treasury shares 6,433 2,764 5,068 1,519 Less: average number of unvested stock award shares 770 744 779 712 Average number of basic shares outstanding 44,700 48,395 46,056 49,672 Plus: dilutive effect of unvested stock award shares 330 342 336 286 Plus: dilutive effect of stock options outstanding 4 7 4 5 Average number of diluted shares outstanding 45,034 48,744 46,396 49,963 Basic earnings per common share: $ 0.42 $ 1.32 $ 1.35 $ 1.98 Diluted earnings per common share: $ 0.42 $ 1.31 $ 1.34 $ 1.97

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Activity in the Stock Award and Stock Option Plans	A combined summary of activity in the Company’s stock award and stock option plans for the nine months ended September 30, 2022 is presented in the following table: Non-Vested Stock Awards Outstanding Stock Options Outstanding (Shares in thousands) Number of Shares Weighted-Average Grant Date Fair Value Number of Shares Weighted-Average Exercise Price December 31, 2021 710 $ 20.16 80 $ 25.21 Granted 321 28.78 — — Acquired — — — — Stock options exercised — — (12) 22.97 Stock awards vested (230) 21.75 — — Forfeited (75) 25.62 — — Expired — — (6) 24.30 September 30, 2022 726 $ 22.73 62 $ 25.43

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Financial Assets and Financial Liabilities Measured at Fair Value on a Recurring Basis Segregated by the Level of the Valuation Inputs Within the Fair Value Hierarchy Utilized to Measure Fair Value	The following table summarizes financial assets and financial liabilities measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value. September 30, 2022 Level 1 Level 2 Level 3 Total (In thousands) Inputs Inputs Inputs Fair Value Trading security $ — $ — $ 6,812 $ 6,812 Securities available for sale: U.S Treasuries — 20,000 — 20,000 Municipal bonds and obligations — 60,566 — 60,566 Agency collateralized mortgage obligations — 557,513 — 557,513 Agency residential mortgage-backed securities — 553,737 — 553,737 Agency commercial mortgage-backed securities — 235,576 — 235,576 Corporate bonds — 38,981 3,920 42,901 Other bonds and obligations — 656 — 656 Marketable equity securities 12,790 — — 12,790 Loans held for investment at fair value — — 796 796 Loans held for sale — 550 — 550 Derivative assets — 52,997 22 53,019 Capitalized servicing rights — — 2,026 2,026 Derivative liabilities — 101,745 — 101,745 December 31, 2021 Level 1 Level 2 Level 3 Total (In thousands) Inputs Inputs Inputs Fair Value Trading security $ — $ — $ 8,354 $ 8,354 Securities available for sale: U.S Treasuries — 59,973 — 59,973 Municipal bonds and obligations — 77,177 — 77,177 Agency collateralized mortgage obligations — 688,336 — 688,336 Agency residential mortgage-backed securities — 705,859 — 705,859 Agency commercial mortgage-backed securities — 300,580 — 300,580 Corporate bonds — 41,630 4,030 45,660 Marketable equity securities 14,798 655 — 15,453 Loans held for investment at fair value — — 1,200 1,200 Loans held for sale — 6,110 — 6,110 Derivative assets — 79,270 258 79,528 Capitalized servicing rights — — 1,966 1,966 Derivative liabilities — 35,194 — 35,194
Schedule of Loans Held for Sale	Aggregate Fair Value September 30, 2022 Aggregate Aggregate Less Aggregate (In thousands) Fair Value Unpaid Principal Unpaid Principal Loans held for investment at fair value $ 796 $ 13,371 $ (12,575) Aggregate Fair Value December 31, 2021 Aggregate Aggregate Less Aggregate (In thousands) Fair Value Unpaid Principal Unpaid Principal Loans held for investment at fair value $ 1,200 $ 31,430 $ (30,230) Loans Held for Sale. The Company elected the fair value option for all loans held for sale (HFS) originated for sale on or after May 1, 2012. Loans HFS are classified as Level 2 as the fair value is based on input factors such as quoted prices for similar loans in active markets. Aggregate Fair Value September 30, 2022 Aggregate Aggregate Less Aggregate (In thousands) Fair Value Unpaid Principal Unpaid Principal Loans held for sale $ 550 $ 539 $ 11 Aggregate Fair Value December 31, 2021 Aggregate Aggregate Less Aggregate (In thousands) Fair Value Unpaid Principal Unpaid Principal Loans held for sale $ 6,110 $ 5,926 $ 184
Schedule of Changes in Level 3 Assets That Were Measured at Fair Value on a Recurring Basis	The table below presents the changes in Level 3 assets and liabilities that were measured at fair value on a recurring basis for the three and nine months ended September 30, 2022 and 2021. Assets (Liabilities) Securities Loans Capitalized Trading Available Held for Commitments Forward Servicing (In thousands) Security for Sale Investment to Lend Commitments Rights Three Months Ended September 30, 2022 June 30, 2022 $ 7,040 $ 4,020 $ 1,049 $ 26 $ 18 $ 1,906 Unrealized (loss)/gain, net recognized in other non-interest income (23) — (6) 41 (11) 120 Unrealized gain included in accumulated other comprehensive income — (100) — — — — Paydown of asset (205) — (247) — — — Transfers to held for sale loans — — — (52) — — September 30, 2022 $ 6,812 $ 3,920 $ 796 $ 15 $ 7 $ 2,026 Nine Months Ended September 30, 2022 December 31, 2021 $ 8,354 $ 4,030 $ 1,200 $ 124 $ 134 $ 1,966 Unrealized (loss)/gain, net recognized in other non-interest income (933) — 462 171 (127) 60 Unrealized (loss) included in accumulated other comprehensive income — (110) — — — — Paydown of asset (609) — (866) — — — Transfers to held for sale loans — — — (280) — — September 30, 2022 $ 6,812 $ 3,920 $ 796 $ 15 $ 7 $ 2,026 Unrealized gain relating to instruments still held at September 30, 2022 $ (459) $ (80) $ — $ 26 $ 18 $ — Securities Loans Capitalized Trading Available Held for Commitments Forward Servicing (In thousands) Security for Sale Investment to Lend Commitments Rights Three Months Ended September 30, 2021 June 30, 2021 $ 8,853 $ — $ 1,260 $ 261 $ 92 $ 2,356 Unrealized (loss)/gain, net recognized in other non-interest income (85) — 509 440 10 (210) Paydown of asset (194) — (731) — — — Transfers to held for sale loans — — — (479) — — September 30, 2021 $ 8,574 $ — $ 1,038 $ 222 $ 102 $ 2,146 Nine Months Ended September 30, 2021 December 31, 2020 $ 9,708 $ 15,000 $ 2,265 $ 735 $ 320 $ 3,033 Maturity of AFS security — (15,000) — — — — Unrealized (loss)/gain, net recognized in other non-interest income (556) — 1,110 1,688 (218) (887) Paydown of asset (578) — (2,337) — — — Transfers to held for sale loans — — — (2,201) — — September 30, 2021 $ 8,574 $ — $ 1,038 $ 222 $ 102 $ 2,146 Unrealized gains relating to instruments still held at September 30,2021 $ 497 $ — $ — $ 222 $ 102 $ —
Schedule of Changes in Level 3 Liabilities That Were Measured at Fair Value on a Recurring Basis	The table below presents the changes in Level 3 assets and liabilities that were measured at fair value on a recurring basis for the three and nine months ended September 30, 2022 and 2021. Assets (Liabilities) Securities Loans Capitalized Trading Available Held for Commitments Forward Servicing (In thousands) Security for Sale Investment to Lend Commitments Rights Three Months Ended September 30, 2022 June 30, 2022 $ 7,040 $ 4,020 $ 1,049 $ 26 $ 18 $ 1,906 Unrealized (loss)/gain, net recognized in other non-interest income (23) — (6) 41 (11) 120 Unrealized gain included in accumulated other comprehensive income — (100) — — — — Paydown of asset (205) — (247) — — — Transfers to held for sale loans — — — (52) — — September 30, 2022 $ 6,812 $ 3,920 $ 796 $ 15 $ 7 $ 2,026 Nine Months Ended September 30, 2022 December 31, 2021 $ 8,354 $ 4,030 $ 1,200 $ 124 $ 134 $ 1,966 Unrealized (loss)/gain, net recognized in other non-interest income (933) — 462 171 (127) 60 Unrealized (loss) included in accumulated other comprehensive income — (110) — — — — Paydown of asset (609) — (866) — — — Transfers to held for sale loans — — — (280) — — September 30, 2022 $ 6,812 $ 3,920 $ 796 $ 15 $ 7 $ 2,026 Unrealized gain relating to instruments still held at September 30, 2022 $ (459) $ (80) $ — $ 26 $ 18 $ — Securities Loans Capitalized Trading Available Held for Commitments Forward Servicing (In thousands) Security for Sale Investment to Lend Commitments Rights Three Months Ended September 30, 2021 June 30, 2021 $ 8,853 $ — $ 1,260 $ 261 $ 92 $ 2,356 Unrealized (loss)/gain, net recognized in other non-interest income (85) — 509 440 10 (210) Paydown of asset (194) — (731) — — — Transfers to held for sale loans — — — (479) — — September 30, 2021 $ 8,574 $ — $ 1,038 $ 222 $ 102 $ 2,146 Nine Months Ended September 30, 2021 December 31, 2020 $ 9,708 $ 15,000 $ 2,265 $ 735 $ 320 $ 3,033 Maturity of AFS security — (15,000) — — — — Unrealized (loss)/gain, net recognized in other non-interest income (556) — 1,110 1,688 (218) (887) Paydown of asset (578) — (2,337) — — — Transfers to held for sale loans — — — (2,201) — — September 30, 2021 $ 8,574 $ — $ 1,038 $ 222 $ 102 $ 2,146 Unrealized gains relating to instruments still held at September 30,2021 $ 497 $ — $ — $ 222 $ 102 $ —
Schedule of Quantitative Information About the Significant Unobservable Inputs Within Level 3	Quantitative information about the significant unobservable inputs within Level 3 recurring assets and liabilities is as follows: Fair Value Significant (In thousands) September 30, 2022 Valuation Techniques Unobservable Inputs Value Assets (Liabilities) Trading security $ 6,812 Discounted Cash Flow Discount Rate 6.38 % AFS Securities 3,920 Indication from Market Maker Price 98.00% Loans held for investment 1,049 Discounted Cash Flow Discount Rate 25.00 % Collateral Value $— - $20.7 Commitments to lend 15 Historical Trend Closing Ratio 83.95 % Pricing Model Origination Costs, per loan $ 3 Forward commitments 7 Historical Trend Closing Ratio 83.95 % Pricing Model Origination Costs, per loan $ 3 Capitalized servicing rights 2,026 Discounted cash flow Constant Prepayment Rate (CPR) 12.48 % Discount Rate 9.55 % Total $ 13,829 Fair Value Significant (In thousands) December 31, 2021 Valuation Techniques Unobservable Inputs Value Assets (Liabilities) Trading security $ 8,354 Discounted Cash Flow Discount Rate 3.35 % AFS Securities 4,030 Indication from Market Maker Price 101.00 % Loans held for investment 1,200 Discounted Cash Flow Discount Rate 25.00 % Collateral Value $6.3- $19.8 Commitments to lend 124 Historical Trend Closing Ratio 82.09 % Pricing Model Origination Costs, per loan $ 3 Forward commitments 134 Historical Trend Closing Ratio 82.09 % Pricing Model Origination Costs, per loan $ 3 Capitalized servicing rights 1,966 Discounted Cash Flow Constant Prepayment Rate (CPR) 19.41 % Discount Rate 9.50 % Total $ 15,808 September 30, 2022 December 31, 2021 Fair Value Measurement Date as of September 30, 2022 Level 3 Level 3 Level 3 (In thousands) Inputs Inputs Inputs Assets Individually evaluated $ 2,944 $ 12,482 September 2022 Loans held for sale 3,574 — September 2022 Capitalized servicing rights 11,793 14,056 September 2022 Total $ 18,311 $ 26,538
Summary of Applicable Non-Recurring Fair Value Measurements	Quantitative information about the significant unobservable inputs within Level 3 non-recurring assets is as follows: Fair Value (In thousands) September 30, 2022 Valuation Techniques Unobservable Inputs Range (Weighted Average) (1) Assets Individually evaluated $ 2,944 Fair Value of Collateral Discounted Cash Flow - Loss Severity (100.00)% to 26.42% ((49.76)%) Appraised Value $0 to $608 ($-501) Loans held for sale 3,574 Fair Value of Collateral Appraised Value $3,574 Capitalized servicing rights 11,793 Discounted Cash Flow Constant Prepayment Rate (CPR) 5.99% to 13.52% (11.28%) Discount Rate 9.16% to 16.13% (13.32%) Total $ 18,311 (1) Where dollar amounts are disclosed, the amounts represent the lowest and highest fair value of the respective assets in the population except for adjustments for market/property conditions, which represents the range of adjustments to individuals properties. Fair Value (In thousands) December 31, 2021 Valuation Techniques Unobservable Inputs Range (Weighted Average) (1) Assets Individually evaluated $ 12,482 Fair Value of Collateral Discounted Cash Flow - loss severity (35.96)% to 133.09% ((49.14)%) Appraised Value $0 to $405 ($256) Capitalized servicing rights 14,056 Discounted Cash Flow Constant Prepayment Rate (CPR) 6.24% to 17.73% (13.29%) Discount Rate 9.59% to 13.11% (11.97%) Total $ 26,538 (1) Where dollar amounts are disclosed, the amounts represent the lowest and highest fair value of the respective assets in the population except for adjustments for market/property conditions, which represents the range of adjustments to individuals properties.
Summary of Estimated Fair Values, and Related Carrying Amounts, of Financial Instruments	The following tables summarize the estimated fair values (represents exit price), and related carrying amounts, of the Company’s financial instruments. Certain financial instruments and all non-financial instruments are excluded. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company. September 30, 2022 Carrying Fair (In thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets Cash and cash equivalents $ 694,913 $ 694,913 $ 694,913 $ — $ — Trading security 6,812 6,812 — — 6,812 Marketable equity securities 12,790 12,790 12,790 — — Securities available for sale 1,470,949 1,470,949 — 1,467,029 3,920 Securities held to maturity 592,503 503,262 — 501,164 2,098 FHLB bank stock and restricted securities 7,264 N/A N/A N/A N/A Net loans 7,847,468 7,798,562 — — 7,798,562 Loans held for sale 4,124 4,124 — 550 3,574 Accrued interest receivable 40,444 40,444 — 40,444 — Derivative assets 53,019 53,019 — 52,997 22 Financial Liabilities Total deposits $ 9,988,121 $ 9,944,085 $ — $ 9,944,085 $ — Short-term debt — — — — — Long-term Federal Home Loan Bank advances and other 4,494 2,888 — 2,888 — Subordinated borrowings 121,001 110,109 — 110,109 — Derivative liabilities 101,745 101,745 — 101,745 — December 31, 2021 Carrying Fair (In thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets Cash and cash equivalents $ 1,627,807 $ 1,627,807 $ 1,627,807 $ — $ — Trading security 8,354 8,354 — — 8,354 Marketable equity securities 15,453 15,453 14,798 655 — Securities available for sale and other 1,877,585 1,877,585 — 1,873,555 4,030 Securities held to maturity 636,503 647,236 — 644,497 2,739 FHLB bank stock and restricted securities 10,800 N/A N/A N/A N/A Net loans 6,719,753 6,850,975 — — 6,850,975 Loans held for sale 6,110 6,110 — 6,110 — Accrued interest receivable 33,534 33,534 — 33,534 — Derivative assets 79,528 79,528 — 79,270 258 Financial Liabilities Total deposits $ 10,068,953 $ 10,073,217 $ — $ 10,073,217 $ — Short-term debt — — — — — Long-term Federal Home Loan Bank advances 13,331 13,053 — 13,053 — Subordinated borrowings 97,513 95,006 — 95,006 — Derivative liabilities 35,194 35,194 — 35,194 —

NET INTEREST INCOME AFTER BEN_2

NET INTEREST INCOME AFTER BENEFIT/PROVISION FOR CREDIT LOSSES (Tables)	9 Months Ended
	Sep. 30, 2022
Banking and Thrift, Interest [Abstract]
Schedule of Net Interest Income After Provision for Loan Losses	Presented below is net interest income after provision for credit losses for the three and nine months ended September 30, 2022 and 2021, respectively. Three Months Ended September 30, Nine Months Ended September 30, (In thousands) 2022 2021 2022 2021 Net interest income $ 92,084 $ 71,368 $ 242,505 $ 221,854 Provision/(benefit) for credit losses 3,000 (4,000) (1,000) 2,500 Net interest after provision for credit losses $ 89,084 $ 75,368 $ 243,505 $ 219,354

TRADING SECURITY (Details)

TRADING SECURITY (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Amortized cost	$ 7.3	$ 7.9
Trading security	$ 6.8	$ 8.4

SECURITIES AVAILABLE FOR SALE_3

SECURITIES AVAILABLE FOR SALE, HELD TO MATURITY, AND MARKETABLE EQUITY SECURITIES - Summary of Securities Available for Sale, Held to Maturity, and Marketable Equity Securities (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021	Jun. 30, 2022	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Securities available for sale
Amortized  Cost	$ 1,719,126	$ 1,881,813
Gross Unrealized Gains	175	18,168
Gross Unrealized Losses	(248,352)	(22,396)
Fair Value	1,470,949	1,877,585
Allowance	0	0
Securities held to maturity
Amortized  Cost	592,503	636,503
Gross Unrealized Gains	304	19,741
Gross Unrealized Losses	(89,545)	(9,008)
Fair Value	503,262	647,236
Allowance	95	105	$ 94	$ 125	$ 130	$ 104
Marketable equity securities, amortized cost	15,035	15,689
Marketable equity securities, gross unrealized gains	0	67
Marketable equity securities, gross unrealized losses	(2,245)	(303)
Marketable equity securities, fair value	12,790	15,453
Total, amortized cost basis	2,326,664	2,534,005
Total, gross unrealized gain	479	37,976
Total, gross unrealized loss	(340,142)	(31,707)
Total, fair value	1,987,001	2,540,274
Total, allowance	95	105
U.S Treasuries
Securities available for sale
Amortized  Cost	19,997	59,972
Gross Unrealized Gains	3	1
Gross Unrealized Losses	0	0
Fair Value	20,000	59,973
Allowance		0
Municipal bonds and obligations
Securities available for sale
Amortized  Cost	66,399	71,822
Gross Unrealized Gains	21	5,355
Gross Unrealized Losses	(5,854)	0
Fair Value	60,566	77,177
Allowance	0	0
Securities held to maturity
Amortized  Cost	267,821	281,515
Gross Unrealized Gains	299	16,151
Gross Unrealized Losses	(36,446)	(693)
Fair Value	231,674	296,973
Allowance	67	70	66	87	90	64
Agency collateralized mortgage obligations
Securities available for sale
Amortized  Cost	656,132	693,782
Gross Unrealized Gains	0	5,566
Gross Unrealized Losses	(98,619)	(11,012)
Fair Value	557,513	688,336
Allowance	0	0
Securities held to maturity
Amortized  Cost	132,931	149,195
Gross Unrealized Gains	0	3,203
Gross Unrealized Losses	(19,965)	(3,513)
Fair Value	112,966	148,885
Allowance	0	0
Agency mortgage-backed securities
Securities available for sale
Amortized  Cost	660,065	711,154
Gross Unrealized Gains	1	2,347
Gross Unrealized Losses	(106,329)	(7,642)
Fair Value	553,737	705,859
Allowance	0	0
Securities held to maturity
Amortized  Cost	52,175	57,327
Gross Unrealized Gains	0	95
Gross Unrealized Losses	(10,333)	(1,498)
Fair Value	41,842	55,924
Allowance	0	0
Agency commercial mortgage-backed securities
Securities available for sale
Amortized  Cost	270,609	300,259
Gross Unrealized Gains	0	3,949
Gross Unrealized Losses	(35,033)	(3,628)
Fair Value	235,576	300,580
Allowance	0	0
Securities held to maturity
Amortized  Cost	137,177	145,573
Gross Unrealized Gains	0	266
Gross Unrealized Losses	(22,659)	(3,289)
Fair Value	114,518	142,550
Allowance	0	0
Corporate bonds
Securities available for sale
Amortized  Cost	45,269	44,824
Gross Unrealized Gains	83	950
Gross Unrealized Losses	(2,451)	(114)
Fair Value	42,901	45,660
Allowance	0	0
Tax advantaged economic development bonds
Securities held to maturity
Amortized  Cost	2,235	2,728
Gross Unrealized Gains	5	26
Gross Unrealized Losses	(142)	(15)
Fair Value	2,098	2,739
Allowance	28	35	$ 28	$ 38	$ 40	$ 40
Other bonds and obligations
Securities available for sale
Amortized  Cost	655
Gross Unrealized Gains	67
Gross Unrealized Losses	(66)
Fair Value	656
Allowance	0
Securities held to maturity
Amortized  Cost	164	165
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value	164	165
Allowance	$ 0	$ 0

SECURITIES AVAILABLE FOR SALE_4

SECURITIES AVAILABLE FOR SALE, HELD TO MATURITY, AND MARKETABLE EQUITY SECURITIES - Debt Securities, Held to Maturity, Allowance for Credit Losses Rollforward (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 94	$ 130	$ 105	$ 104
Provision/(benefit) for credit losses	1	(5)	(10)	21
Ending balance	95	125	95	125
Municipal bonds and obligations
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]
Beginning balance	66	90	70	64
Provision/(benefit) for credit losses	1	(3)	(3)	23
Ending balance	67	87	67	87
Tax advantaged economic development bonds
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]
Beginning balance	28	40	35	40
Provision/(benefit) for credit losses	0	(2)	(7)	(2)
Ending balance	$ 28	$ 38	$ 28	$ 38

SECURITIES AVAILABLE FOR SALE_5

SECURITIES AVAILABLE FOR SALE, HELD TO MATURITY, AND MARKETABLE EQUITY SECURITIES - Schedule of Maturity of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Available for sale, Amortized Cost
Within 1 year	$ 20,441
Over 1 year to 5 years	9,392
Over 5 years to 10 years	48,894
Over 10 years	53,593
Total bonds and obligations	132,320
Mortgage-backed securities	1,586,806
Amortized  Cost	1,719,126	$ 1,881,813
Available for sale, Fair Value
Within 1 year	20,444
Over 1 year to 5 years	9,224
Over 5 years to 10 years	46,318
Over 10 years	48,137
Total bonds and obligations	124,123
Mortgage-backed securities	1,346,826
Fair Value	1,470,949	1,877,585
Held to maturity, Amortized Cost
Within 1 year	1,711
Over 1 year to 5 years	2,326
Over 5 years to 10 years	23,841
Over 10 years	242,342
Total bonds and obligations	270,220
Mortgage-backed securities	322,283
Amortized  Cost	592,503	636,503
Held to maturity, Fair Value
Within 1 year	1,710
Over 1 year to 5 years	2,313
Over 5 years to 10 years	23,500
Over 10 years	206,413
Total bonds and obligations	233,936
Mortgage-backed securities	269,326
Fair Value	$ 503,262	$ 647,236

SECURITIES AVAILABLE FOR SALE_6

SECURITIES AVAILABLE FOR SALE, HELD TO MATURITY, AND MARKETABLE EQUITY SECURITIES - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($) security	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) security	Sep. 30, 2021 USD ($)
Investment Holdings [Line Items]
Purchases of securities available for sale | $	$ 41,400,000	$ 160,000,000	$ 428,068,000	$ 428,950,000
Proceeds from sale of available-for-sale securities | $	0	0	149,994,000	0
Debt securities, available-for-sale, realized gain | $	0	0	6,000	0
Debt securities, available-for-sale, realized loss | $	$ 0	$ 0	$ 0	$ 0
Municipal bonds and obligations
Investment Holdings [Line Items]
Available-for-sale, securities in unrealized loss positions	76		76
Number of securities	95		95
Debt securities, continuous unrealized loss position, qualitative disclosure, aggregate losses percentage			10.10%
Held-to-maturity, securities in unrealized loss positions	148		148
Held-to-maturity securities portfolio, number of securities	192		192
Aggregate losses, percent			16.10%
Agency collateralized mortgage obligations
Investment Holdings [Line Items]
Available-for-sale, securities in unrealized loss positions	245		245
Number of securities	248		248
Debt securities, continuous unrealized loss position, qualitative disclosure, aggregate losses percentage			15%
Held-to-maturity, securities in unrealized loss positions	13		13
Held-to-maturity securities portfolio, number of securities	13		13
Aggregate losses, percent			15%
Agency commercial mortgage-backed securities
Investment Holdings [Line Items]
Available-for-sale, securities in unrealized loss positions	136		136
Number of securities	139		139
Debt securities, continuous unrealized loss position, qualitative disclosure, aggregate losses percentage			15.20%
Held-to-maturity, securities in unrealized loss positions	17		17
Held-to-maturity securities portfolio, number of securities	17		17
Aggregate losses, percent			17.40%
Corporate bonds
Investment Holdings [Line Items]
Available-for-sale, securities in unrealized loss positions	14		14
Number of securities	15		15
Debt securities, continuous unrealized loss position, qualitative disclosure, aggregate losses percentage			5.50%
Other bonds and obligations
Investment Holdings [Line Items]
Available-for-sale, securities in unrealized loss positions	2		2
Number of securities	3		3
Debt securities, continuous unrealized loss position, qualitative disclosure, aggregate losses percentage			18.30%
Tax advantaged economic development bonds
Investment Holdings [Line Items]
Held-to-maturity, securities in unrealized loss positions	2		2
Held-to-maturity securities portfolio, number of securities	3		3
Aggregate losses, percent			10.30%

SECURITIES AVAILABLE FOR SALE_7

SECURITIES AVAILABLE FOR SALE, HELD TO MATURITY, AND MARKETABLE EQUITY SECURITIES - Summary of Securities with Unrealized Losses (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Securities available for sale, Gross Unrealized Losses
Less Than Twelve Months	$ 101,697	$ 14,528
Over Twelve Months	146,655	7,868
Total	248,352	22,396
Securities available for sale, Fair Value
Less Than Twelve Months	849,913	712,488
Over Twelve Months	591,350	252,279
Total	1,441,263	964,767
Gross Unrealized Losses
Less Than Twelve Months	29,109	4,610
Over Twelve Months	60,436	4,398
Total	89,545	9,008
Fair Value
Less Than Twelve Months	246,814	194,606
Over Twelve Months	213,572	113,891
Over Twelve Months	460,386	308,497
Securities available for sale and held to maturity
Held to maturity and available for sale securities continuous unrealized loss position, less than twelve months, aggregate losses	130,806	19,138
Held to maturity and available for sale securities continuous unrealized loss position, less than twelve months, fair value	1,096,727	907,094
Held to maturity and available for sale securities continuous unrealized loss position, over twelve months, aggregate losses	207,091	12,266
Held to maturity and available for sale securities continuous unrealized loss position, over twelve months, fair value	804,922	366,170
Held to maturity and available for sale securities continuous unrealized loss position, aggregate losses	337,897	31,404
Held to maturity and available for sale securities continuous unrealized loss position, fair value	1,901,649	1,273,264
U.S Treasuries
Securities available for sale, Gross Unrealized Losses
Less Than Twelve Months	0
Over Twelve Months	0
Total	0
Securities available for sale, Fair Value
Less Than Twelve Months	0
Over Twelve Months	0
Total	0
Municipal bonds and obligations
Securities available for sale, Gross Unrealized Losses
Less Than Twelve Months	5,854
Over Twelve Months	0
Total	5,854
Securities available for sale, Fair Value
Less Than Twelve Months	52,279
Over Twelve Months	0
Total	52,279
Gross Unrealized Losses
Less Than Twelve Months	22,075	693
Over Twelve Months	14,371	0
Total	36,446	693
Fair Value
Less Than Twelve Months	166,539	36,981
Over Twelve Months	23,286	0
Over Twelve Months	189,825	36,981
Agency collateralized mortgage obligations
Securities available for sale, Gross Unrealized Losses
Less Than Twelve Months	26,129	9,626
Over Twelve Months	72,490	1,386
Total	98,619	11,012
Securities available for sale, Fair Value
Less Than Twelve Months	293,758	375,132
Over Twelve Months	263,754	27,025
Total	557,512	402,157
Gross Unrealized Losses
Less Than Twelve Months	2,537	1,808
Over Twelve Months	17,428	1,705
Total	19,965	3,513
Fair Value
Less Than Twelve Months	52,558	49,308
Over Twelve Months	60,408	36,212
Over Twelve Months	112,966	85,520
Agency mortgage-backed securities
Securities available for sale, Gross Unrealized Losses
Less Than Twelve Months	48,764	3,179
Over Twelve Months	57,565	4,463
Total	106,329	7,642
Securities available for sale, Fair Value
Less Than Twelve Months	314,987	222,887
Over Twelve Months	238,651	175,941
Total	553,638	398,828
Gross Unrealized Losses
Less Than Twelve Months	340	839
Over Twelve Months	9,993	659
Total	10,333	1,498
Fair Value
Less Than Twelve Months	2,410	26,656
Over Twelve Months	39,432	26,025
Over Twelve Months	41,842	52,681
Agency commercial mortgage-backed securities
Securities available for sale, Gross Unrealized Losses
Less Than Twelve Months	19,323	1,609
Over Twelve Months	15,710	2,019
Total	35,033	3,628
Securities available for sale, Fair Value
Less Than Twelve Months	154,763	103,354
Over Twelve Months	80,799	49,313
Total	235,562	152,667
Gross Unrealized Losses
Less Than Twelve Months	4,156	1,255
Over Twelve Months	18,503	2,034
Total	22,659	3,289
Fair Value
Less Than Twelve Months	25,094	80,406
Over Twelve Months	89,423	51,654
Over Twelve Months	114,517	132,060
Corporate bonds
Securities available for sale, Gross Unrealized Losses
Less Than Twelve Months	1,627	114
Over Twelve Months	824	0
Total	2,451	114
Securities available for sale, Fair Value
Less Than Twelve Months	34,126	11,115
Over Twelve Months	7,851	0
Total	41,977	11,115
Other bonds and obligations
Securities available for sale, Gross Unrealized Losses
Less Than Twelve Months	0
Over Twelve Months	66
Total	66
Securities available for sale, Fair Value
Less Than Twelve Months	0
Over Twelve Months	295
Total	295
Gross Unrealized Losses
Total	0	0
Tax advantaged economic development bonds
Gross Unrealized Losses
Less Than Twelve Months	1	15
Over Twelve Months	141	0
Total	142	15
Fair Value
Less Than Twelve Months	213	1,255
Over Twelve Months	1,023	0
Over Twelve Months	$ 1,236	$ 1,255

LOANS AND ALLOWANCE FOR CREDI_3

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Total Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	$ 7,943,481		$ 6,825,847
Allowance for credit losses	96,013	$ 99,021	106,094	$ 112,916	$ 119,044	$ 127,302
Net loans	7,847,468		6,719,753
Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	367,997		324,282
Allowance for credit losses	1,231	1,710	3,206	4,633	3,919	5,111
Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	612,890		515,817
Allowance for credit losses	1,720	4,621	6,120	7,151	7,197	5,916
Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	632,001		606,477
Allowance for credit losses	10,185	10,687	12,752	12,848	13,242	12,380
Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,285,770		2,156,929
Allowance for credit losses	29,421	26,166	32,106	31,776	30,315	35,850
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	1,395,172		1,284,429
Allowance for credit losses	18,635	22,914	22,584	25,934	28,225	25,013
Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,128,039		1,489,248
Allowance for credit losses	19,838	16,411	22,406	22,945	23,643	28,491
Consumer loans | Home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	234,027		252,366
Allowance for credit losses	2,421	2,828	4,006	4,655	5,432	6,482
Consumer loans | Consumer other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	287,585		196,299
Allowance for credit losses	$ 12,562	$ 13,684	$ 2,914	$ 2,974	$ 7,071	$ 8,059

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Net loans	$ 7,847,468		$ 7,847,468		$ 6,719,753
Commercial loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reclassification, held for sale	3,600	$ 0	3,600	$ 11,700
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, nonaccrual, medallion loans, fair value	800		800		1,200
Financing receivable, nonaccrual, medallion loans, contractual balance	13,400		13,400		31,400
Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Allowance for Credit Loss [Line Items]
Net loans	$ 10,300		$ 10,300		$ 29,900

LOANS AND ALLOWANCE FOR CREDI_5

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Allowance for Credit Loss Activity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	$ 99,021	$ 119,044	$ 106,094	$ 127,302
Charge-offs	(7,424)	(4,334)	(15,063)	(23,042)
Recoveries	1,417	2,201	5,972	6,177
Provision for Credit Losses	2,999	(3,995)	(990)	2,479
Balance at End of Period	96,013	112,916	96,013	112,916
Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	1,710	3,919	3,206	5,111
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision for Credit Losses	(479)	714	(1,975)	(478)
Balance at End of Period	1,231	4,633	1,231	4,633
Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	4,621	7,197	6,120	5,916
Charge-offs	(94)	0	(94)	(239)
Recoveries	112	0	112	157
Provision for Credit Losses	(2,919)	(46)	(4,418)	1,317
Balance at End of Period	1,720	7,151	1,720	7,151
Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	10,687	13,242	12,752	12,380
Charge-offs	(176)	(84)	(603)	(686)
Recoveries	256	32	562	83
Provision for Credit Losses	(582)	(342)	(2,526)	1,071
Balance at End of Period	10,185	12,848	10,185	12,848
Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	26,166	30,315	32,106	35,850
Charge-offs	(1,012)	(1,676)	(5,895)	(10,896)
Recoveries	153	267	1,464	571
Provision for Credit Losses	4,114	2,870	1,746	6,251
Balance at End of Period	29,421	31,776	29,421	31,776
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	22,914	28,225	22,584	25,013
Charge-offs	(5,545)	(1,279)	(6,951)	(8,184)
Recoveries	616	1,373	2,485	3,284
Provision for Credit Losses	650	(2,385)	517	5,821
Balance at End of Period	18,635	25,934	18,635	25,934
Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	16,411	23,643	22,406	28,491
Charge-offs	(102)	(903)	(480)	(1,501)
Recoveries	131	312	719	1,417
Provision for Credit Losses	3,398	(107)	(2,807)	(5,462)
Balance at End of Period	19,838	22,945	19,838	22,945
Consumer loans | Home equity
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	2,828	5,432	4,006	6,482
Charge-offs	(9)	(12)	(9)	(253)
Recoveries	9	80	255	119
Provision for Credit Losses	(407)	(845)	(1,831)	(1,693)
Balance at End of Period	2,421	4,655	2,421	4,655
Consumer loans | Consumer other
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	13,684	7,071	2,914	8,059
Charge-offs	(486)	(380)	(1,031)	(1,283)
Recoveries	140	137	375	546
Provision for Credit Losses	(776)	(3,854)	10,304	(4,348)
Balance at End of Period	$ 12,562	$ 2,974	$ 12,562	$ 2,974

LOANS AND ALLOWANCE FOR CREDI_6

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Allowance for Credit Losses Activity, Unfunded Loan Commitments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Balance at beginning of period	$ 7,043	$ 7,829	$ 7,043	$ 7,629
Expense for credit losses	700	0	700	200
Balance at end of period	$ 7,743	$ 7,829	$ 7,743	$ 7,829

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Loan Risk by Category (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	$ 7,943,481	$ 6,825,847
Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	117,627	71,784
2021	129,188	52,725
2020	31,541	117,784
2019	65,388	76,379
2018	22,150	3,839
Prior	2,103	1,721
Revolving Loans Amortized Cost Basis	0	50
Revolving Loans Converted to Term	0	0
Total loans	367,997	324,282
Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	194,494	63,630
2021	61,247	30,872
2020	30,378	98,455
2019	94,937	65,318
2018	73,823	76,699
Prior	157,611	180,250
Revolving Loans Amortized Cost Basis	400	593
Revolving Loans Converted to Term	0	0
Total loans	612,890	515,817
Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	102,442	154,434
2021	133,334	50,761
2020	60,453	88,669
2019	84,800	94,577
2018	77,373	48,238
Prior	170,430	166,592
Revolving Loans Amortized Cost Basis	3,169	3,206
Revolving Loans Converted to Term	0	0
Total loans	632,001	606,477
Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	421,349	426,086
2021	445,515	183,981
2020	176,291	300,457
2019	305,628	360,363
2018	312,437	239,817
Prior	606,499	626,615
Revolving Loans Amortized Cost Basis	18,051	19,610
Revolving Loans Converted to Term	0	0
Total loans	2,285,770	2,156,929
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	175,519	188,129
2021	159,681	134,705
2020	85,667	134,586
2019	85,175	164,680
2018	109,348	57,643
Prior	112,679	139,670
Revolving Loans Amortized Cost Basis	667,103	465,016
Revolving Loans Converted to Term	0	0
Total loans	1,395,172	1,284,429
Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	770,095	215,545
2021	284,723	114,536
2020	100,274	87,139
2019	73,866	171,506
2018	150,078	192,643
Prior	748,717	707,586
Revolving Loans Amortized Cost Basis	286	293
Revolving Loans Converted to Term	0	0
Total loans	2,128,039	1,489,248
Consumer loans | Home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	125
2021	117	469
2020	457	0
2019	0	0
2018	0	0
Prior	19	24
Revolving Loans Amortized Cost Basis	233,434	251,748
Revolving Loans Converted to Term	0	0
Total loans	234,027	252,366
Consumer loans | Home equity | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	125
2021	117	469
2020	457	0
2019	0	0
2018	0	0
Prior	19	24
Revolving Loans Amortized Cost Basis	231,218	249,590
Revolving Loans Converted to Term	0	0
Total loans	231,811	250,208
Consumer loans | Home equity | Nonperforming
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	2,216	2,158
Revolving Loans Converted to Term	0	0
Total loans	2,216	2,158
Consumer loans | Consumer other
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	159,888	38,002
2021	30,768	11,235
2020	8,921	21,838
2019	14,819	56,374
2018	33,777	31,378
Prior	31,370	29,936
Revolving Loans Amortized Cost Basis	8,042	7,536
Revolving Loans Converted to Term	0	0
Total loans	287,585	196,299
Consumer loans | Consumer other | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	159,609	37,994
2021	30,603	11,189
2020	8,901	21,548
2019	14,548	55,577
2018	33,215	30,632
Prior	30,817	28,797
Revolving Loans Amortized Cost Basis	8,035	7,505
Revolving Loans Converted to Term	0	0
Total loans	285,728	193,242
Consumer loans | Consumer other | Nonperforming
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	279	8
2021	165	46
2020	20	290
2019	271	797
2018	562	746
Prior	553	1,139
Revolving Loans Amortized Cost Basis	7	31
Revolving Loans Converted to Term	0	0
Total loans	1,857	3,057
Pass | Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	117,627	71,784
2021	129,188	52,725
2020	31,541	117,784
2019	65,388	66,950
2018	2,331	3,839
Prior	2,103	1,721
Revolving Loans Amortized Cost Basis	0	50
Revolving Loans Converted to Term	0	0
Total loans	348,178	314,853
Pass | Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	194,494	63,630
2021	61,247	28,172
2020	27,732	98,455
2019	94,937	59,720
2018	68,290	76,699
Prior	157,611	176,020
Revolving Loans Amortized Cost Basis	400	457
Revolving Loans Converted to Term	0	0
Total loans	604,711	503,153
Pass | Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	101,409	154,434
2021	133,212	50,236
2020	60,422	85,687
2019	84,434	91,316
2018	76,062	45,995
Prior	164,207	157,346
Revolving Loans Amortized Cost Basis	3,169	3,206
Revolving Loans Converted to Term	0	0
Total loans	622,915	588,220
Pass | Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	421,349	426,086
2021	445,515	176,172
2020	168,958	296,985
2019	291,942	349,947
2018	296,356	204,043
Prior	568,691	585,044
Revolving Loans Amortized Cost Basis	18,051	19,511
Revolving Loans Converted to Term	0	0
Total loans	2,210,862	2,057,788
Pass | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	175,428	187,257
2021	159,122	130,520
2020	81,452	114,153
2019	75,464	156,443
2018	95,370	54,190
Prior	109,382	136,837
Revolving Loans Amortized Cost Basis	635,314	424,393
Revolving Loans Converted to Term	0	0
Total loans	1,331,532	1,203,793
Pass | Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	770,095	214,306
2021	281,469	114,536
2020	100,116	86,997
2019	73,592	169,537
2018	147,992	189,980
Prior	736,711	697,401
Revolving Loans Amortized Cost Basis	286	293
Revolving Loans Converted to Term	0	0
Total loans	2,110,261	1,473,050
Special Mention | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	69,530	100,071
Special Mention | Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total loans	0	0
Special Mention | Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	0
2021	0	2,700
2020	2,646	0
2019	0	5,598
2018	5,533	0
Prior	0	0
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total loans	8,179	8,298
Special Mention | Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	0
2021	0	525
2020	0	869
2019	0	1,668
2018	0	1,405
Prior	114	1,157
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total loans	114	5,624
Special Mention | Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	0
2021	0	221
2020	0	3,472
2019	13,686	7,632
2018	0	2,302
Prior	31,073	27,268
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total loans	44,759	40,895
Special Mention | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	661
2021	0	1,691
2020	0	10,824
2019	667	5,092
2018	12,558	1,433
Prior	0	488
Revolving Loans Amortized Cost Basis	0	22,468
Revolving Loans Converted to Term	0	0
Total loans	13,225	42,657
Special Mention | Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	0
2021	0	0
2020	158	0
2019	0	120
2018	0	502
Prior	1,942	1,557
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total loans	2,100	2,179
Substandard | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	88,649	106,560
Substandard | Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	9,429
2018	19,819	0
Prior	0	0
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total loans	19,819	9,429
Substandard | Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior	0	4,230
Revolving Loans Amortized Cost Basis	0	136
Revolving Loans Converted to Term	0	0
Total loans	0	4,366
Substandard | Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	1,033	0
2021	122	0
2020	31	2,113
2019	366	1,593
2018	1,311	838
Prior	6,109	8,089
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total loans	8,972	12,633
Substandard | Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	0
2021	0	7,588
2020	7,333	0
2019	0	2,784
2018	16,081	33,472
Prior	6,735	14,303
Revolving Loans Amortized Cost Basis	0	99
Revolving Loans Converted to Term	0	0
Total loans	30,149	58,246
Substandard | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	91	211
2021	559	2,494
2020	4,215	9,609
2019	9,044	3,145
2018	1,420	2,020
Prior	3,297	2,330
Revolving Loans Amortized Cost Basis	31,711	17,935
Revolving Loans Converted to Term	0	0
Total loans	50,337	37,744
Substandard | Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	1,239
2021	3,254	0
2020	0	142
2019	274	1,849
2018	2,086	2,161
Prior	10,064	8,628
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total loans	15,678	14,019
Doubtful | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior	0	15
Revolving Loans Amortized Cost Basis	78	220
Revolving Loans Converted to Term	0	0
Total loans	$ 78	$ 235

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Loans Past Due (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	$ 7,943,481	$ 6,825,847
Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	367,997	324,282
Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	612,890	515,817
Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	632,001	606,477
Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,285,770	2,156,929
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	1,395,172	1,284,429
Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,128,039	1,489,248
Consumer loans | Home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	234,027	252,366
Consumer loans | Consumer other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	287,585	196,299
30-59 Days Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	10,059	35,352
30-59 Days Past Due | Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	0	0
30-59 Days Past Due | Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	0	82
30-59 Days Past Due | Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	391	0
30-59 Days Past Due | Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	368	25,420
30-59 Days Past Due | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,844	2,700
30-59 Days Past Due | Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	4,566	5,529
30-59 Days Past Due | Consumer loans | Home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	170	258
30-59 Days Past Due | Consumer loans | Consumer other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	1,720	1,363
60-89 Days Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	4,605	4,511
60-89 Days Past Due | Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	0	0
60-89 Days Past Due | Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	0	306
60-89 Days Past Due | Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	114	400
60-89 Days Past Due | Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	3	653
60-89 Days Past Due | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	1,192	709
60-89 Days Past Due | Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,281	2,015
60-89 Days Past Due | Consumer loans | Home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	206	108
60-89 Days Past Due | Consumer loans | Consumer other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	809	320
90 Days or Greater Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	44,139	38,597
90 Days or Greater Past Due | Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	0	0
90 Days or Greater Past Due | Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	0	187
90 Days or Greater Past Due | Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	3,831	4,221
90 Days or Greater Past Due | Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	206	9,049
90 Days or Greater Past Due | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	22,986	6,836
90 Days or Greater Past Due | Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	13,038	13,264
90 Days or Greater Past Due | Consumer loans | Home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,216	2,158
90 Days or Greater Past Due | Consumer loans | Consumer other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	1,862	2,882
Total Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	58,803	78,460
Total Past Due | Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	0	0
Total Past Due | Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	0	575
Total Past Due | Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	4,336	4,621
Total Past Due | Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	577	35,122
Total Past Due | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	27,022	10,245
Total Past Due | Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	19,885	20,808
Total Past Due | Consumer loans | Home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,592	2,524
Total Past Due | Consumer loans | Consumer other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	4,391	4,565
Current
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	7,884,678	6,747,387
Current | Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	367,997	324,282
Current | Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	612,890	515,242
Current | Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	627,665	601,856
Current | Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,285,193	2,121,807
Current | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	1,368,150	1,274,184
Current | Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,108,154	1,468,440
Current | Consumer loans | Home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	231,435	249,842
Current | Consumer loans | Consumer other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	$ 283,194	$ 191,734

LOANS AND ALLOWANCE FOR CREDI_9

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Nonaccrual Loans and Loans Past Due (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	$ 37,853	$ 35,326
Nonaccrual With No Related Allowance	27,234	19,174
Past Due 90 Days or Greater and Accruing	6,286	3,271
Interest Income Recognized on Nonaccrual	0	0
Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Nonaccrual With No Related Allowance	0	0
Past Due 90 Days or Greater and Accruing	0	0
Interest Income Recognized on Nonaccrual	0	0
Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	187
Nonaccrual With No Related Allowance	0	187
Past Due 90 Days or Greater and Accruing	0	0
Interest Income Recognized on Nonaccrual	0	0
Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	2,722	4,221
Nonaccrual With No Related Allowance	1,987	2,413
Past Due 90 Days or Greater and Accruing	1,109	0
Interest Income Recognized on Nonaccrual	0	0
Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	206	8,877
Nonaccrual With No Related Allowance	80	8,412
Past Due 90 Days or Greater and Accruing	0	172
Interest Income Recognized on Nonaccrual	0	0
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	20,977	6,747
Nonaccrual With No Related Allowance	18,292	1,506
Past Due 90 Days or Greater and Accruing	2,009	89
Interest Income Recognized on Nonaccrual	0	0
Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	10,703	10,698
Nonaccrual With No Related Allowance	6,355	6,511
Past Due 90 Days or Greater and Accruing	2,335	2,566
Interest Income Recognized on Nonaccrual	0	0
Consumer loans | Home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	1,725	1,901
Nonaccrual With No Related Allowance	518	141
Past Due 90 Days or Greater and Accruing	491	257
Interest Income Recognized on Nonaccrual	0	0
Consumer loans | Consumer other
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	1,520	2,695
Nonaccrual With No Related Allowance	2	4
Past Due 90 Days or Greater and Accruing	342	187
Interest Income Recognized on Nonaccrual	$ 0	$ 0

LOANS AND RELATED ALLOWANCE FOR

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Summary of Total Loans Rated Special Mention or Lower (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	$ 7,943,481	$ 6,825,847
Total Criticized | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	196,032	241,957
Total Classified | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	126,502	141,886
Non-Accrual | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	37,853	35,326
Substandard Accruing | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	88,649	106,560
Special Mention | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	$ 69,530	$ 100,071

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	$ 37,853	$ 35,326
Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	10,414	31,409
Investment Securities/Cash
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	19,113	1,040
Construction and commercial multifamily | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Construction and commercial multifamily | Construction | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	9,429
Construction and commercial multifamily | Construction | Investment Securities/Cash
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Construction and commercial multifamily | Construction | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Construction and commercial multifamily | Commercial multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	187
Construction and commercial multifamily | Commercial multifamily | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost		188
Construction and commercial multifamily | Commercial multifamily | Investment Securities/Cash
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Construction and commercial multifamily | Commercial multifamily | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Commercial real estate | Commercial real estate owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	2,722	4,221
Commercial real estate | Commercial real estate owner occupied | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	3,380	4,466
Commercial real estate | Commercial real estate owner occupied | Investment Securities/Cash
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Commercial real estate | Commercial real estate owner occupied | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Commercial real estate | Commercial real estate non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	206	8,877
Commercial real estate | Commercial real estate non-owner occupied | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	394	9,501
Commercial real estate | Commercial real estate non-owner occupied | Investment Securities/Cash
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Commercial real estate | Commercial real estate non-owner occupied | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	20,977	6,747
Commercial and industrial | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	461	526
Commercial and industrial | Investment Securities/Cash
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Commercial and industrial | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	19,113	1,040
Residential real estate | Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	10,703	10,698
Residential real estate | Residential real estate | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	5,537	7,035
Residential real estate | Residential real estate | Investment Securities/Cash
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Residential real estate | Residential real estate | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Consumer loans | Home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	1,725	1,901
Consumer loans | Home equity | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	638	262
Consumer loans | Home equity | Investment Securities/Cash
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Consumer loans | Home equity | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Consumer loans | Consumer other
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	1,520	2,695
Consumer loans | Consumer other | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	4	2
Consumer loans | Consumer other | Investment Securities/Cash
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	0	0
Consumer loans | Consumer other | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual Amortized Cost	$ 0	$ 0

LOANS AND ALLOWANCE FOR CRED_11

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Schedule of Troubled Debt Restructurings, Activity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Trouble Debt Restructuring on Financing Receivables [Roll Forward]
Balance at Beginning of Period	$ 10,226	$ 36,457	$ 27,102	$ 20,548
Principal Payments	(555)	(663)	(1,010)	(1,304)
TDR Status Change	0	0	0	0
Other Additions/(Reductions)	(206)	(14,073)	(18,163)	(14,356)
Newly Identified TDRs	545	283	2,081	17,116
Balance at End of Period	10,010	22,004	10,010	22,004
Construction and commercial multifamily | Construction
Trouble Debt Restructuring on Financing Receivables [Roll Forward]
Balance at Beginning of Period	0	0	9,429	0
Principal Payments	0	0	0	0
TDR Status Change	0	0	0	0
Other Additions/(Reductions)	0	0	(9,429)	0
Newly Identified TDRs	0	0	0	0
Balance at End of Period	0	0	0	0
Construction and commercial multifamily | Commercial multifamily
Trouble Debt Restructuring on Financing Receivables [Roll Forward]
Balance at Beginning of Period	677	728	703	754
Principal Payments	(7)	(11)	(33)	(37)
TDR Status Change	0	0	0	0
Other Additions/(Reductions)	(175)	0	(175)	0
Newly Identified TDRs	0	0	0	0
Balance at End of Period	495	717	495	717
Commercial real estate | Commercial real estate owner occupied
Trouble Debt Restructuring on Financing Receivables [Roll Forward]
Balance at Beginning of Period	2,701	2,962	2,733	1,731
Principal Payments	(28)	(33)	(60)	(68)
TDR Status Change	0	0	0	0
Other Additions/(Reductions)	(16)	0	(16)	0
Newly Identified TDRs	0	0	0	1,266
Balance at End of Period	2,657	2,929	2,657	2,929
Commercial real estate | Commercial real estate non-owner occupied
Trouble Debt Restructuring on Financing Receivables [Roll Forward]
Balance at Beginning of Period	986	24,488	9,310	13,684
Principal Payments	(13)	(67)	(25)	(163)
TDR Status Change	0	0	0	0
Other Additions/(Reductions)	0	(10,967)	(8,312)	(11,046)
Newly Identified TDRs	0	0	0	10,979
Balance at End of Period	973	13,454	973	13,454
Commercial and industrial
Trouble Debt Restructuring on Financing Receivables [Roll Forward]
Balance at Beginning of Period	4,651	6,810	3,656	2,686
Principal Payments	(426)	(387)	(768)	(815)
TDR Status Change	0	0	0	0
Other Additions/(Reductions)	(15)	(3,105)	(164)	(3,141)
Newly Identified TDRs	0	283	1,486	4,871
Balance at End of Period	4,210	3,601	4,210	3,601
Residential real estate | Residential real estate
Trouble Debt Restructuring on Financing Receivables [Roll Forward]
Balance at Beginning of Period	1,019	1,305	1,117	1,524
Principal Payments	(17)	(160)	(48)	(205)
TDR Status Change	0	0	0	0
Other Additions/(Reductions)	0	0	(67)	(174)
Newly Identified TDRs	0	0	0	0
Balance at End of Period	1,002	1,145	1,002	1,145
Consumer loans | Home equity
Trouble Debt Restructuring on Financing Receivables [Roll Forward]
Balance at Beginning of Period	162	127	121	133
Principal Payments	(62)	(3)	(71)	(9)
TDR Status Change	0	0	0	0
Other Additions/(Reductions)	0	0	0	0
Newly Identified TDRs	0	0	50	0
Balance at End of Period	100	124	100	124
Consumer loans | Consumer other
Trouble Debt Restructuring on Financing Receivables [Roll Forward]
Balance at Beginning of Period	30	37	33	36
Principal Payments	(2)	(2)	(5)	(7)
TDR Status Change	0	0	0	0
Other Additions/(Reductions)	0	(1)	0	5
Newly Identified TDRs	545	0	545	0
Balance at End of Period	$ 573	$ 34	$ 573	$ 34

LOANS AND ALLOWANCE FOR CRED_12

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Loans Modified as Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($) loan	Sep. 30, 2021 USD ($) loan	Sep. 30, 2022 USD ($) loan	Sep. 30, 2021 USD ($) loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans | loan	30,000	2,000	32,000	15,000
Pre-modification outstanding recorded investment	$ 545	$ 283	$ 2,081	$ 17,116
Post-modification outstanding recorded investment	$ 545	$ 283	$ 2,081	$ 17,116
Number of Loans | loan			1
Recorded Investment			$ 105
Commercial and industrial | Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan			1
Recorded Investment			$ 105

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Deposits [Abstract]
Time less than $100,000	$ 533,683	$ 676,979
Time $100,000 through $250,000	631,551	610,174
Time more than $250,000	380,022	391,787
Total time deposits	1,545,256	1,678,940
Brokered time deposits	163,500	228,100
Reciprocal deposits	$ 71,300	$ 89,200

BORROWED FUNDS - Summary of Bor

BORROWED FUNDS - Summary of Borrowed Funds (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Principal, Short-term borrowings	$ 0	$ 0
Principal, Long-term borrowings	125,495	110,844
Total borrowings	$ 125,495	$ 110,844
Weighted average rate on short-term borrowings	0%	0%
Weighted average rate on long-term borrowings	5.21%	5.33%
Weighted average rate	5.21%	5.33%
Advances from the FHLB
Debt Instrument [Line Items]
Principal, Short-term borrowings	$ 0	$ 0
Principal, Long-term borrowings	$ 4,494	$ 13,331
Weighted average rate on short-term borrowings	0%	0%
Weighted average rate on long-term borrowings	0.71%	1.75%
Subordinated borrowings
Debt Instrument [Line Items]
Principal, Long-term borrowings	$ 98,038	$ 74,590
Weighted average rate on long-term borrowings	5.50%	7%
Junior subordinated borrowing - Trust I
Debt Instrument [Line Items]
Principal, Long-term borrowings	$ 15,464	$ 15,464
Weighted average rate on long-term borrowings	4.81%	2.01%
Junior subordinated borrowing - Trust II
Debt Instrument [Line Items]
Principal, Long-term borrowings	$ 7,499	$ 7,459
Weighted average rate on long-term borrowings	4.99%	1.90%

BORROWED FUNDS - Narrative (Det

BORROWED FUNDS - Narrative (Details) - USD ($)	1 Months Ended		9 Months Ended
	Jun. 30, 2022	Sep. 30, 2012	Sep. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Line of credit, current			$ 3,000,000
Short-term debt			0	$ 0
Long-term borrowings			125,495,000	110,844,000
Variable-rate FHLB advances			0	0
Advances from the FHLB
Debt Instrument [Line Items]
Long-term line of credit			0	0
Line of credit facility, remaining borrowing capacity			1,200,000,000	1,500,000,000
Short-term debt			0	0
Long-term borrowings			4,494,000	13,331,000
Federal Home Loan Bank Certificates And Obligations F H L B Callable Advances
Debt Instrument [Line Items]
Long-term borrowings			0	10,000,000
Federal Home Loan Bank Certificates And Obligations F H L B Amortizing Advances
Debt Instrument [Line Items]
Long-term borrowings			4,400,000	3,400,000
Subordinated borrowings
Debt Instrument [Line Items]
Long-term borrowings			$ 98,038,000	$ 74,590,000
Junior subordinated borrowing | Trust I
Debt Instrument [Line Items]
Common stock of trust			100%
Common stock of trust included in other asset			$ 500,000
Sole asset of trust in form of debt			$ 15,500,000
Variable interest rate			4.81%	2.01%
Period up to which interest payments can be deferred			5 years
Junior subordinated borrowing | Trust II
Debt Instrument [Line Items]
Common stock of trust			100%
Common stock of trust included in other asset			$ 200,000
Sole asset of trust in form of debt			$ 8,200,000
Variable interest rate			4.99%	1.90%
Period up to which interest payments can be deferred			5 years
Junior subordinated borrowing | LIBOR | Trust I
Debt Instrument [Line Items]
Interest rate margin			1.85%
Junior subordinated borrowing | LIBOR | Trust II
Debt Instrument [Line Items]
Interest rate margin			1.70%
Federal Reserve Bank Advances
Debt Instrument [Line Items]
Line of credit facility, remaining borrowing capacity			$ 590,500,000	$ 511,000,000
Short-term debt			0	$ 0
Subordinated Debt | Subordinated borrowings
Debt Instrument [Line Items]
Maturity period	10 years	15 years
Principal amount of debt issued	$ 100,000,000	$ 75,000,000
Fixed interest rate	5.50%
Maturity period with fixed interest rate	5 years
Non callable period	5 years
Interest rate margin	2.49%
Subordinated Debt | Subordinated borrowings | Debt Instrument Variable Rate Three Month SOFR
Debt Instrument [Line Items]
Unamortized debt issuance expense			$ 2,000,000

BORROWED FUNDS - Summary of Mat

BORROWED FUNDS - Summary of Maturities of FHLB (Details) - Fixed rate advances $ in Thousands	Sep. 30, 2022 USD ($)
Principal
2022	$ 0
2023	0
2024	28
2025	0
2025 and beyond	4,466
Total FHLB advances	$ 4,494
Weighted Average Rate
Weighted Average Rate
2022	0%
2023	0%
2024	0%
2025	0%
2025 and beyond	0.71%
Total FHLB advances	0.71%

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Narrative (Details)	9 Months Ended
	Sep. 30, 2022 USD ($) instrument	Dec. 31, 2021 USD ($)
Derivative [Line Items]
Notional amount	$ 4,043,682,000	$ 3,711,905,000
Cash collateral pledged	14,900,000
Amortized cost of securities pledged as collateral to derivative counterparties	22,500,000
Fair value of securities as pledged collateral to derivative counterparties	22,300,000
Commercial counterparties
Derivative [Line Items]
Net asset position	52,800,000	2,200,000
Interest rate swaps
Derivative [Line Items]
Notional amount	7,300,000
Cash collateral pledged	$ 14,863,000	43,694,000
Interest rate swaps | Minimum
Derivative [Line Items]
Derivative, term	2 years
Interest rate swaps | Maximum
Derivative [Line Items]
Derivative, term	3 years
Interest rate swaps | Commercial counterparties
Derivative [Line Items]
Cash collateral pledged	$ 0	0
Net asset position	98,000	76,800,000
Collateral already posted, aggregate fair value	95,900,000	2,500,000
Interest rate swaps | Institutional counterparties
Derivative [Line Items]
Cash collateral pledged	14,863,000	43,694,000
Collateral already posted, aggregate fair value	190,000	33,300,000
Non-hedging derivatives:
Derivative [Line Items]
Notional amount	3,132,000	8,192,000
Economic hedges
Derivative [Line Items]
Credit valuation adjustments	$ 0
Economic hedges | Interest rate swap on tax advantaged economic development bond
Derivative [Line Items]
Fixed rate of interest	5.09%
Maturity period	21 years
Economic hedges | Economic hedges:
Derivative [Line Items]
Notional amount	$ 3,640,550,000	3,703,713,000
Economic hedges | Economic hedges: | Interest rate swaps
Derivative [Line Items]
Notional amount	3,300,000,000
Economic hedges | Economic hedges: | Interest rate swaps | Commercial loan
Derivative [Line Items]
Notional amount	1,653,839,000	1,684,238,000
Economic hedges | Economic hedges: | Risk participation agreements with dealer banks
Derivative [Line Items]
Notional amount	325,063,000	$ 320,981,000
Economic hedges | Economic hedges: | Forward sale commitments
Derivative [Line Items]
Notional amount	1,000,000
Cash flow hedges:
Derivative [Line Items]
Notional amount	$ 400,000,000
Cash flow hedges: | Interest rate swaps
Derivative [Line Items]
Number of instruments | instrument	3
Cash flow hedges: | Interest rate swaps | Commercial loan
Derivative [Line Items]
Notional amount	$ 225,000,000
Cash flow hedges: | Forward Starting Interest Rate Swaps
Derivative [Line Items]
Number of instruments | instrument	3
Cash flow hedges: | Forward Starting Interest Rate Swaps | Commercial loan
Derivative [Line Items]
Notional amount	$ 175,000,000
Cash flow hedges: | Economic hedges: | Interest rate swaps
Derivative [Line Items]
Notional amount	$ 400,000,000

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Derivative Assets and Liabilities (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	$ 4,043,682	$ 3,711,905
Estimated Fair Value Asset (Liability)	(48,726)	43,426
Impact of settled to market contracts	43,000	45,700
Interest rate swaps
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	7,300
Cash flow hedges:
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	400,000
Estimated Fair Value Asset (Liability)	(5,555)
Cash flow hedges: | Interest rate swaps | Commercial loan
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	$ 225,000
Weighted Average Maturity (In years)	2 years 10 months 24 days
Weighted Average Rate, Received	2.50%
Weighted Average Rate, Contract pay rate	3.25%
Estimated Fair Value Asset (Liability)	$ (4,740)
Cash flow hedges: | Forward Starting Interest Rate Swaps | Commercial loan
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	$ 175,000
Weighted Average Maturity (In years)	3 years
Weighted Average Rate, Received	0%
Weighted Average Rate, Contract pay rate	3.84%
Estimated Fair Value Asset (Liability)	$ (815)
Economic hedges: | Cash flow hedges: | Interest rate swaps
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	400,000
Economic hedges: | Economic hedges
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	3,640,550	3,703,713
Estimated Fair Value Asset (Liability)	(43,187)	43,302
Economic hedges: | Economic hedges | Interest rate swaps
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	3,300,000
Economic hedges: | Economic hedges | Interest rate swaps | Interest rate swap on tax advantaged economic development bond
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	$ 7,270	$ 7,879
Weighted Average Maturity (In years)	7 years 4 months 24 days	7 years 10 months 24 days
Weighted Average Rate, Received	5.09%	0.47%
Weighted Average Rate, Contract pay rate	4.25%	5.09%
Estimated Fair Value Asset (Liability)	$ (205)	$ (1,158)
Economic hedges: | Economic hedges | Interest rate swaps | Commercial loan
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	$ 1,653,839	$ 1,684,238
Weighted Average Maturity (In years)	5 years 9 months 18 days	5 years 9 months 18 days
Weighted Average Rate, Received	3.98%	3.99%
Weighted Average Rate, Contract pay rate	4.26%	1.91%
Estimated Fair Value Asset (Liability)	$ (95,836)	$ 74,348
Economic hedges: | Economic hedges | Reverse interest rate swaps | Commercial loan
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	$ 1,653,839	$ 1,684,238
Weighted Average Maturity (In years)	5 years 9 months 18 days	5 years 9 months 18 days
Weighted Average Rate, Received	4.26%	1.91%
Weighted Average Rate, Contract pay rate	3.98%	3.99%
Estimated Fair Value Asset (Liability)	$ 52,834	$ (30,454)
Economic hedges: | Economic hedges | Risk participation agreements with dealer banks
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	$ 325,063	$ 320,981
Weighted Average Maturity (In years)	6 years 10 months 24 days	5 years 9 months 18 days
Estimated Fair Value Asset (Liability)	$ 13	$ 432
Economic hedges: | Economic hedges | Forward sale commitments
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	$ 539	$ 6,377
Weighted Average Maturity (In years)	2 months 12 days	2 months 12 days
Estimated Fair Value Asset (Liability)	$ 7	$ 134
Non-hedging derivatives:
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	3,132	8,192
Estimated Fair Value Asset (Liability)	16	124
Non-hedging derivatives: | Commitments to lend
Interest rate swap agreements and non-hedging derivative assets and liabilities
Notional Amount	$ 3,132	$ 8,192
Weighted Average Maturity (In years)	2 months 12 days	2 months 12 days
Estimated Fair Value Asset (Liability)	$ 16	$ 124

DERIVATIVE FINANCIAL INSTRUME_5

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Schedule of Consolidated Statements of Income and Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Derivative [Line Items]
Unrealized (loss) recognized in accumulated other comprehensive loss	$ (5,555)	$ 0	$ (5,555)	$ 0
Less: Reclassification of unrealized (loss) from accumulated other comprehensive loss to interest expense	1,494	0	1,494	0
Interest rate swaps | Interest Expense
Derivative [Line Items]
Net interest expense recognized in interest expense on hedged commercial loans	(136)	0	(136)	0
Interest rate swaps | Commercial loan
Derivative [Line Items]
Unrealized (loss) recognized in accumulated other comprehensive loss	(5,555)	0	(5,555)	0
Less: Reclassification of unrealized (loss) from accumulated other comprehensive loss to interest expense	0	0	0	0
Net tax benefit on items recognized in accumulated other comprehensive income	1,494	0	1,494	0
Net tax benefit on items recognized in accumulated other comprehensive income	$ (4,061)	$ 0	$ (4,061)	$ 0

DERIVATIVE FINANCIAL INSTRUME_6

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Economic Hedges and Non-hedging Derivatives (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Interest rate swaps | Economic hedges | Industrial revenue bond
Derivative [Line Items]
Unrealized (loss) recognized in other non-interest income	$ 304	$ 106	$ 953	$ 462
Interest rate swaps | Economic hedges | Loans with commercial loan customers
Derivative [Line Items]
Unrealized (loss) recognized in other non-interest income	(53,788)	(17,164)	(177,413)	(66,949)
Favorable change in credit valuation adjustment recognized in other non-interest income	0	874	1,809	2,394
Reverse interest rate swaps | Economic hedges | Loans with commercial loan customers
Derivative [Line Items]
Unrealized (loss) recognized in other non-interest income	53,788	17,164	177,413	66,949
Risk participation agreements | Economic hedges
Derivative [Line Items]
Unrealized (loss) recognized in other non-interest income	(19)	(103)	(419)	(282)
Forward commitments | Economic hedges
Derivative [Line Items]
Unrealized (loss) recognized in other non-interest income	(11)	10	(127)	(218)
Commitments to lend | Non-hedging derivatives
Derivative [Line Items]
Unrealized (loss) recognized in other non-interest income	(100)	(39)	(108)	(513)
Realized gain in other non-interest income	$ 78	$ 500	$ 420	$ 2,310

DERIVATIVE FINANCIAL INSTRUME_7

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Offsetting of Financial Assets and Derivative Assets (Details) - Interest rate swaps - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Offsetting of Financial Assets and Derivative Assets
Gross Amounts of Recognized Assets	$ 101,572	$ 79,032
Gross Amounts Offset in the Statements of Condition	(48,639)	(75)
Net Amounts of Assets Presented in the Statements of Condition	52,933	78,957
Gross Amounts Not Offset in the Statements of Condition, Financial Instruments	0	0
Gross Amounts Not Offset in the Statements of Condition, Cash Collateral Received	0	0
Net Amount	52,933	78,957
Institutional counterparties
Offsetting of Financial Assets and Derivative Assets
Gross Amounts of Recognized Assets	101,474	2,223
Gross Amounts Offset in the Statements of Condition	(48,639)	(75)
Net Amounts of Assets Presented in the Statements of Condition	52,835	2,148
Gross Amounts Not Offset in the Statements of Condition, Financial Instruments	0	0
Gross Amounts Not Offset in the Statements of Condition, Cash Collateral Received	0	0
Net Amount	52,835	2,148
Commercial counterparties
Offsetting of Financial Assets and Derivative Assets
Gross Amounts of Recognized Assets	98	76,809
Gross Amounts Offset in the Statements of Condition	0	0
Net Amounts of Assets Presented in the Statements of Condition	98	76,809
Gross Amounts Not Offset in the Statements of Condition, Financial Instruments	0	0
Gross Amounts Not Offset in the Statements of Condition, Cash Collateral Received	0	0
Net Amount	$ 98	$ 76,809

DERIVATIVE FINANCIAL INSTRUME_8

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Offsetting Financial Liabilities and Derivative Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Offsetting of Financial Liabilities and Derivative Liabilities
Gross Amounts Not Offset in the Statements of Condition, Cash Collateral Received	$ 14,900
Interest rate swaps
Offsetting of Financial Liabilities and Derivative Liabilities
Gross Amounts of Recognized Liabilities	(101,585)	$ (80,607)
Gross amounts offset in the Statements of Condition	5,461	44,814
Net Amounts of Liabilities Presented in the Statements of Condition	(96,124)	(35,793)
Gross Amounts Not Offset in the Statements of Condition, Financial Instruments	22,273	34,896
Gross Amounts Not Offset in the Statements of Condition, Cash Collateral Received	14,863	43,694
Net Amount	(58,988)	42,797
Interest rate swaps | Institutional counterparties
Offsetting of Financial Liabilities and Derivative Liabilities
Gross Amounts of Recognized Liabilities	(232)	(78,146)
Gross amounts offset in the Statements of Condition	42	44,814
Net Amounts of Liabilities Presented in the Statements of Condition	(190)	(33,332)
Gross Amounts Not Offset in the Statements of Condition, Financial Instruments	22,273	34,896
Gross Amounts Not Offset in the Statements of Condition, Cash Collateral Received	14,863	43,694
Net Amount	36,946	45,258
Interest rate swaps | Commercial counterparties
Offsetting of Financial Liabilities and Derivative Liabilities
Gross Amounts of Recognized Liabilities	(101,353)	(2,461)
Gross amounts offset in the Statements of Condition	5,419	0
Net Amounts of Liabilities Presented in the Statements of Condition	(95,934)	(2,461)
Gross Amounts Not Offset in the Statements of Condition, Financial Instruments	0	0
Gross Amounts Not Offset in the Statements of Condition, Cash Collateral Received	0	0
Net Amount	$ (95,934)	$ (2,461)

LEASES - Narrative (Details)

LEASES - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Lessee, Lease, Description [Line Items]
Operating lease expense	$ 2.2	$ 2.6	$ 7.3	$ 8.3
Minimum
Lessee, Lease, Description [Line Items]
Operating lease contract term			1 month
Maximum
Lessee, Lease, Description [Line Items]
Operating lease contract term			17 years

LEASES - Assets and Liabilities

LEASES - Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Lease Right-of-Use Assets
Operating lease right-of-use assets	$ 48,467	$ 52,180
Finance lease right-of-use assets	6,282	6,674
Total Lease Right-of-Use Assets	54,749	58,854
Lease Liabilities
Operating lease liabilities	55,269	55,674
Finance lease liabilities	9,448	9,862
Total Lease Liabilities	$ 64,717	$ 65,536
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Premises and equipment, net	Premises and equipment, net
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities

LEASES - Supplemental Lease Inf

LEASES - Supplemental Lease Information (Details)	Sep. 30, 2022	Dec. 31, 2021
Weighted-Average Remaining Lease Term (in years)
Operating leases	9 years 1 month 6 days	9 years 6 months
Finance leases	12 years 1 month 6 days	12 years 9 months 18 days
Weighted-Average Discount Rate
Operating leases	2.60%	2.77%
Finance leases	5%	5%

LEASES - Supplemental Cash Flow

LEASES - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 2,518	$ 2,524	$ 7,657	$ 8,358
Operating cash flows from finance leases	119	126	359	379
Financing cash flows from finance leases	$ 139	$ 132	$ 414	$ 394

LEASES - Maturity Analysis of L

LEASES - Maturity Analysis of Lease Liability (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Operating Leases
2022	$ 2,522
2023	10,068
2024	8,506
2024	6,541
2025	5,323
Thereafter	29,271
Total undiscounted lease payments	62,231
Less amounts representing interest	(6,962)
Lease liability	55,269	$ 55,674
Finance Leases
2022	256
2023	1,037
2024	1,037
2025	1,037
2026	1,037
Thereafter	8,187
Total undiscounted lease payments	12,591
Less amounts representing interest	(3,143)
Lease liability	$ 9,448	$ 9,862

OTHER COMMITMENTS, CONTINGENC_2

OTHER COMMITMENTS, CONTINGENCIES, OFF-BALANCE SHEET ACTIVITIES, AND PANDEMIC IMPACT - Narrative (Details) $ in Millions	Sep. 30, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan
Commitments and Contingencies Disclosure [Abstract]
Active modified loans | loan	2	19
Active modified loans, carrying value | $	$ 12.5	$ 14.4

CAPITAL RATIOS AND SHAREHOLDE_3

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Actual and Required Capital Ratios (Details)	Sep. 30, 2022	Dec. 31, 2021
Tier 1 capital to risk-weighted assets
Total capital to risk-weighted assets	0.151	0.173
Common equity tier 1 capital to risk-weighted assets	12.70%	15%
Tier 1 capital to risk-weighted assets	0.130	0.153
Tier 1 capital to average assets	0.101	0.105
Total capital to risk-weighted assets, Minimum Capital Requirement	0.080
Common equity tier 1 capital to risk-weighted assets, Minimum Capital Requirement	0.045
Tier 1 capital to risk-weighted assets, Minimum Capital Requirement	0.060
Tier 1 capital to average assets, Minimum Capital Requirement	0.040
Bank
Tier 1 capital to risk-weighted assets
Total capital to risk-weighted assets	0.136	0.159
Common equity tier 1 capital to risk-weighted assets	12.70%	14.80%
Tier 1 capital to risk-weighted assets	0.127	0.148
Tier 1 capital to average assets	0.099	0.101

CAPITAL RATIOS AND SHAREHOLDE_4

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Components of AOCI (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total shareholders’ equity	$ 942,562	$ 1,014,050	$ 1,182,435	$ 1,178,075	$ 1,175,389	$ 1,187,773
Accumulated other comprehensive loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total shareholders’ equity	(188,494)	(122,999)	(3,243)	7,249	14,772	30,871
Net unrealized holding (loss) on AFS securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other accumulated comprehensive income, before tax	(246,739)		(1,806)
Income taxes related to items of accumulated other comprehensive income	64,150		407
Total shareholders’ equity	(182,588)	(121,154)	(1,398)	9,836	17,359	33,458
Net unrealized (loss) on cash flow hedging derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other accumulated comprehensive income, before tax	(5,555)		0
Income taxes related to items of accumulated other comprehensive income	1,494		0
Total shareholders’ equity	(4,061)	0	0	0	0	0
Net unrealized holding (loss) on pension plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other accumulated comprehensive income, before tax	(2,518)		(2,518)
Income taxes related to items of accumulated other comprehensive income	674		674
Total shareholders’ equity	$ (1,845)	$ (1,845)	$ (1,845)	$ (2,587)	$ (2,587)	$ (2,587)

CAPITAL RATIOS AND SHAREHOLDE_5

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Components of OCI (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net unrealized gains (losses) arising during the period
Net of Tax	$ (65,495)	$ (7,523)	$ (185,247)	$ (23,622)
Less: reclassification adjustment for gains (losses) realized in net income
Net of Tax	0	0	4	0
Other comprehensive income (loss)
Before Tax	(88,628)	(10,098)	(250,488)	(31,718)
Tax Effect	23,133	2,575	65,237	8,096
Total other comprehensive (loss)	(65,495)	(7,523)	(185,251)	(23,622)
Net unrealized holding (loss) on AFS securities
Net unrealized gains (losses) arising during the period
Before Tax	(83,073)	(10,098)	(244,927)	(31,718)
Tax Effect	21,639	2,575	63,741	8,096
Net of Tax	(61,434)	(7,523)	(181,186)	(23,622)
Less: reclassification adjustment for gains (losses) realized in net income
Before Tax	0	0	6	0
Tax Effect	0	0	(2)	0
Net of Tax	0	0	4	0
Other comprehensive income (loss)
Before Tax	(83,073)	(10,098)	(244,933)	(31,718)
Tax Effect	21,639	2,575	63,743	8,096
Total other comprehensive (loss)	(61,434)	(7,523)	(181,190)	(23,622)
Net unrealized (loss) on cash flow hedging derivatives
Net unrealized gains (losses) arising during the period
Before Tax	(5,555)	0	(5,555)	0
Tax Effect	1,494	0	1,494	0
Net of Tax	(4,061)	0	(4,061)	0
Less: reclassification adjustment for gains (losses) realized in net income
Before Tax	0	0	0	0
Tax Effect	0	0	0	0
Net of Tax	0	0	0	0
Other comprehensive income (loss)
Before Tax	(5,555)	0	(5,555)	0
Tax Effect	1,494	0	1,494	0
Total other comprehensive (loss)	$ (4,061)	$ 0	$ (4,061)	$ 0

CAPITAL RATIOS AND SHAREHOLDE_6

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Reclassified of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at Beginning of Period	$ 1,014,050	$ 1,175,389	$ 1,182,435	$ 1,187,773
Other comprehensive (loss) before reclassifications	(65,495)	(7,523)	(185,247)	(23,622)
Less: amounts reclassified from accumulated other comprehensive (loss)	0	0	4	0
Total other comprehensive (loss)	(65,495)	(7,523)	(185,251)	(23,622)
Balance at End of Period	942,562	1,178,075	942,562	1,178,075
Net unrealized holding (loss) on AFS securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at Beginning of Period	(121,154)	17,359	(1,398)	33,458
Other comprehensive (loss) before reclassifications	(61,434)	(7,523)	(181,186)	(23,622)
Less: amounts reclassified from accumulated other comprehensive (loss)	0	0	4	0
Total other comprehensive (loss)	(61,434)	(7,523)	(181,190)	(23,622)
Balance at End of Period	(182,588)	9,836	(182,588)	9,836
Net unrealized (loss) on cash flow hedging derivatives
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at Beginning of Period	0	0	0	0
Other comprehensive (loss) before reclassifications	(4,061)	0	(4,061)	0
Less: amounts reclassified from accumulated other comprehensive (loss)	0	0	0	0
Total other comprehensive (loss)	(4,061)	0	(4,061)	0
Balance at End of Period	(4,061)	0	(4,061)	0
Net unrealized holding loss on pension plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at Beginning of Period	(1,845)	(2,587)	(1,845)	(2,587)
Other comprehensive (loss) before reclassifications	0	0	0
Less: amounts reclassified from accumulated other comprehensive (loss)	0	0	0	0
Total other comprehensive (loss)	0	0	0	0
Balance at End of Period	(1,845)	(2,587)	(1,845)	(2,587)
Accumulated other comprehensive loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at Beginning of Period	(122,999)	14,772	(3,243)	30,871
Total other comprehensive (loss)	(65,495)	(7,523)	(185,251)	(23,622)
Balance at End of Period	$ (188,494)	$ 7,249	$ (188,494)	$ 7,249

CAPITAL RATIOS AND SHAREHOLDE_7

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Amounts Reclassified Out of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Amounts reclassified out of each component of accumulated other comprehensive income
Non-interest income	$ 16,251	$ 73,635	$ 53,283	$ 121,839
Retained earnings	23,658	79,543	78,086	124,707
Tax expense	4,941	15,794	16,058	26,291
Amount Reclassified From Accumulated Other Comprehensive Income (loss)
Amounts reclassified out of each component of accumulated other comprehensive income
Total reclassifications for the period	0	0	4	0
Realized gains on AFS securities | Amount Reclassified From Accumulated Other Comprehensive Income (loss)
Amounts reclassified out of each component of accumulated other comprehensive income
Non-interest income	0	0	6
Retained earnings	0	0
Tax expense	0	0	(2)	0
Total reclassifications for the period	$ 0	$ 0	$ 4	$ 0

EARNINGS PER SHARE - Schedule o

EARNINGS PER SHARE - Schedule of Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings per share
Net income	$ 18,717	$ 63,749	$ 62,028	$ 98,416
Average number of common shares issued (in shares)	51,903	51,903	51,903	51,903
Less: average number of treasury shares (in shares)	6,433	2,764	5,068	1,519
Less: average number of unvested stock award shares (in shares)	770	744	779	712
Average number of basic shares outstanding (in shares)	44,700	48,395	46,056	49,672
Average number of diluted shares outstanding (in shares)	45,034	48,744	46,396	49,963
Basic earnings per common share (in dollars per share)	$ 0.42	$ 1.32	$ 1.35	$ 1.98
Diluted earnings per common share (in dollars per share)	$ 0.42	$ 1.31	$ 1.34	$ 1.97
Unvested stock award shares
Earnings per share
Plus: dilutive effect of share-based payment arrangements (in shares)	330	342	336	286
Stock Options Outstanding
Earnings per share
Plus: dilutive effect of share-based payment arrangements (in shares)	4	7	4	5

EARNINGS PER SHARE - Narrative

EARNINGS PER SHARE - Narrative (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Unvested stock award shares
Anti-dilutive securities
Securities excluded from the earnings per share calculations (in shares)	440	402	448	425
Stock Options Outstanding
Anti-dilutive securities
Securities excluded from the earnings per share calculations (in shares)	68	88	69	93

STOCK-BASED COMPENSATION PLAN_2

STOCK-BASED COMPENSATION PLANS - Summary of Activity (Details) - $ / shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Non-Vested Stock Awards Outstanding
Number of Shares
Balance at the beginning of the period (in shares)			710
Granted (in shares)			321
Acquired (in shares)			0
Stock awards vested (in shares)			(230)
Forfeited (in shares)			(75)
Expired (in shares)			0
Balance at the end of the period (in shares)	726		726
Weighted-Average Grant Date Fair Value
Balance at the beginning of the period (in dollars per share)			$ 20.16
Granted (in dollars per share)			28.78
Acquired (in dollars per share)			0
Stock awards vested (in dollars per share)			21.75
Forfeited (in dollars per share)			25.62
Expired (in dollars per share)			0
Balance at the end of the period (in dollars per share)	$ 22.73		$ 22.73
Stock Options Outstanding
Number of Shares
Stock awards vested (in shares)	(120)	(89)	(230)	(168)
Number of Shares
Balance at the beginning of the period (in shares)			80
Granted (in shares)			0
Acquired (in shares)			0
Stock options exercised (in shares)			(12)
Forfeited (in shares)			0
Expired (in shares)			(6)
Balance at the end of the period (in shares)	62		62
Weighted-Average Exercise Price
Balance at the beginning of the period (in dollars per share)			$ 25.21
Granted (in dollars per share)			0
Acquired (in dollars per share)			0
Stock options exercised (in dollars per share)			22.97
Forfeited (in dollars per share)			0
Expired (in dollars per share)			24.30
Balance at the end of the period (in dollars per share)	$ 25.43		$ 25.43

STOCK-BASED COMPENSATION PLAN_3

STOCK-BASED COMPENSATION PLANS - Narrative (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise of stock options			$ 269	$ 162
Stock Options Outstanding
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise of stock options	$ 246	$ 38	$ 270	$ 162
Stock awards vested (in shares)	120	89	230	168
Non-Vested Stock Awards Outstanding
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards vested (in shares)			230
Total compensation cost	$ 1,700	$ 1,400	$ 5,700	$ 3,700

FAIR VALUE MEASUREMENTS - Measu

FAIR VALUE MEASUREMENTS - Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading security	$ 6,800	$ 8,400
Securities available for sale, at fair value	1,470,949	1,877,585
Marketable equity securities	12,790	15,453
U.S Treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	20,000	59,973
Municipal bonds and obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	60,566	77,177
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	42,901	45,660
Other bonds and obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	656
Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading security	6,812	8,354
Securities available for sale, at fair value	1,470,949	1,877,585
Marketable equity securities	12,790	15,453
Loans held for investment at fair value	7,798,562	6,850,975
Loans held for sale	4,124	6,110
Derivative assets	53,019	79,528
Derivative liabilities	101,745	35,194
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading security	0	0
Securities available for sale, at fair value	0	0
Marketable equity securities	12,790	14,798
Loans held for investment at fair value	0	0
Loans held for sale	0	0
Derivative assets	0	0
Derivative liabilities	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading security	0	0
Securities available for sale, at fair value	1,467,029	1,873,555
Marketable equity securities	0	655
Loans held for investment at fair value	0	0
Loans held for sale	550	6,110
Derivative assets	52,997	79,270
Derivative liabilities	101,745	35,194
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading security	6,812	8,354
Securities available for sale, at fair value	3,920	4,030
Marketable equity securities	0	0
Loans held for investment at fair value	7,798,562	6,850,975
Loans held for sale	3,574	0
Derivative assets	22	258
Derivative liabilities	0	0
Recurring | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading security	6,812	8,354
Marketable equity securities	12,790	15,453
Loans held for investment at fair value	796	1,200
Loans held for sale	550	6,110
Derivative assets	53,019	79,528
Capitalized servicing rights	2,026	1,966
Derivative liabilities	101,745	35,194
Recurring | Fair Value | U.S Treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	20,000	59,973
Recurring | Fair Value | Municipal bonds and obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	60,566	77,177
Recurring | Fair Value | Agency collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	557,513	688,336
Recurring | Fair Value | Agency residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	553,737	705,859
Recurring | Fair Value | Agency commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	235,576	300,580
Recurring | Fair Value | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	42,901	45,660
Recurring | Fair Value | Other bonds and obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	656
Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading security	0	0
Marketable equity securities	12,790	14,798
Loans held for investment at fair value	0	0
Loans held for sale	0	0
Derivative assets	0	0
Capitalized servicing rights	0	0
Derivative liabilities	0	0
Recurring | Level 1 | U.S Treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0	0
Recurring | Level 1 | Municipal bonds and obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0	0
Recurring | Level 1 | Agency collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0	0
Recurring | Level 1 | Agency residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0	0
Recurring | Level 1 | Agency commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0	0
Recurring | Level 1 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0	0
Recurring | Level 1 | Other bonds and obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0
Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading security	0	0
Marketable equity securities	0	655
Loans held for investment at fair value	0	0
Loans held for sale	550	6,110
Derivative assets	52,997	79,270
Capitalized servicing rights	0	0
Derivative liabilities	101,745	35,194
Recurring | Level 2 | U.S Treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	20,000	59,973
Recurring | Level 2 | Municipal bonds and obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	60,566	77,177
Recurring | Level 2 | Agency collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	557,513	688,336
Recurring | Level 2 | Agency residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	553,737	705,859
Recurring | Level 2 | Agency commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	235,576	300,580
Recurring | Level 2 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	38,981	41,630
Recurring | Level 2 | Other bonds and obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	656
Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading security	6,812	8,354
Securities available for sale, at fair value		4,030
Marketable equity securities	0	0
Loans held for investment at fair value	796	1,200
Loans held for sale	0	0
Derivative assets	22	258
Capitalized servicing rights	2,026	1,966
Derivative liabilities	0	0
Recurring | Level 3 | U.S Treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0	0
Recurring | Level 3 | Municipal bonds and obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0	0
Recurring | Level 3 | Agency collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0	0
Recurring | Level 3 | Agency residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0	0
Recurring | Level 3 | Agency commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	0	0
Recurring | Level 3 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	3,920	$ 4,030
Recurring | Level 3 | Other bonds and obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale, at fair value	$ 0

FAIR VALUE MEASUREMENTS - Narra

FAIR VALUE MEASUREMENTS - Narrative (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) security	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Jan. 01, 2020 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Number of trading securities in the portfolio | security			1
Retained earnings write-down	$ 93,820		$ 93,820		$ 139,383
Continuing Operations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Payments for origination of mortgage loans held-for-sale	6,000	$ 24,000	16,100	$ 84,400
Proceeds from sale and collection of loans held-for-sale	6,500	22,500	21,600	90,800
Continuing Operations | Loans Held for Sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Losses (gains) in fair value of loans held for sale included in earnings	$ 12	$ (17)	$ 173	$ 217
Impact of ASC 326 Adoption | Accounting Standards Update 2016-13 | Loans Held for Investment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Retained earnings write-down						$ 11,200

FAIR VALUE MEASUREMENTS - Loans

FAIR VALUE MEASUREMENTS - Loans Held for Investment (Details) - Loans Held for Investment - Continuing Operations - Recurring - Level 2 - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Aggregate Fair Value	$ 796	$ 1,200
Aggregate Unpaid Principal	13,371	31,430
Aggregate Fair Value Less Aggregate Unpaid Principal	$ (12,575)	$ (30,230)

FAIR VALUE MEASUREMENTS - Loa_2

FAIR VALUE MEASUREMENTS - Loans Held for Sale (Details) - Level 2 - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Loans Held for Sale
Aggregate Fair Value	$ 550	$ 6,110
Recurring
Loans Held for Sale
Aggregate Fair Value	550	6,110
Continuing Operations | Recurring | Loans Held for Sale
Loans Held for Sale
Aggregate Fair Value	550	6,110
Aggregate Unpaid Principal	539	5,926
Aggregate Fair Value Less Aggregate Unpaid Principal	$ 11	$ 184

FAIR VALUE MEASUREMENTS - Chang

FAIR VALUE MEASUREMENTS - Changes in Level 3 (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Commitments to Lend
Changes in Level 3 assets that were measured at fair value on a recurring basis
Unrealized (loss)/gain, net recognized in other non-interest income	$ 41	$ 440	$ 171	$ 1,688
Unrealized gain relating to instruments still held at the end of the period	26	222	26	222
Derivative Asset (Liability)
Beginning balance	26	261	124	735
Unrealized (loss)/gain, net recognized in other non-interest income	41	440	171	1,688
Transfers to held for sale loans	(52)	(479)	(280)	(2,201)
Ending balance	15	222	15	222
Forward Commitments
Changes in Level 3 assets that were measured at fair value on a recurring basis
Unrealized (loss)/gain, net recognized in other non-interest income	(11)	10	(127)	(218)
Unrealized gain relating to instruments still held at the end of the period	18	102	18	102
Derivative Asset (Liability)
Beginning balance	18	92	134	320
Unrealized (loss)/gain, net recognized in other non-interest income	(11)	10	(127)	(218)
Ending balance	7	102	7	102
Trading Security
Changes in Level 3 assets that were measured at fair value on a recurring basis
Balance at the beginning of the period	7,040	8,853	8,354	9,708
Unrealized (loss)/gain, net recognized in other non-interest income	(23)	(85)	(933)	(556)
Paydown of asset	(205)	(194)	(609)	(578)
Balance at the end of the period	6,812	8,574	6,812	8,574
Unrealized gain relating to instruments still held at the end of the period	(459)	497	(459)	497
Derivative Asset (Liability)
Unrealized (loss)/gain, net recognized in other non-interest income	(23)	(85)	(933)	(556)
Securities Available for Sale
Changes in Level 3 assets that were measured at fair value on a recurring basis
Balance at the beginning of the period	4,020	0	4,030	15,000
Maturity of AFS security				(15,000)
Unrealized gain included in accumulated other comprehensive income	100		110
Balance at the end of the period	3,920	0	3,920	0
Unrealized gain relating to instruments still held at the end of the period	(80)	0	(80)	0
Loans Held for Investment
Changes in Level 3 assets that were measured at fair value on a recurring basis
Balance at the beginning of the period	1,049	1,260	1,200	2,265
Unrealized (loss)/gain, net recognized in other non-interest income	(6)	509	462	1,110
Paydown of asset	(247)	(731)	(866)	(2,337)
Balance at the end of the period	796	1,038	796	1,038
Unrealized gain relating to instruments still held at the end of the period	0	0	0	0
Derivative Asset (Liability)
Unrealized (loss)/gain, net recognized in other non-interest income	(6)	509	462	1,110
Capitalized Servicing Rights
Changes in Level 3 assets that were measured at fair value on a recurring basis
Balance at the beginning of the period	1,906	2,356	1,966	3,033
Unrealized (loss)/gain, net recognized in other non-interest income	120	(210)	60	(887)
Balance at the end of the period	2,026	2,146	2,026	2,146
Derivative Asset (Liability)
Unrealized (loss)/gain, net recognized in other non-interest income	$ 120	$ (210)	$ 60	$ (887)

FAIR VALUE MEASUREMENTS - Unobs

FAIR VALUE MEASUREMENTS - Unobservable Inputs Recurring (Details) uSDPerLoan in Thousands, $ in Thousands	Sep. 30, 2022 USD ($) uSDPerLoan	Dec. 31, 2021 USD ($) uSDPerLoan
Quantitative information about the significant unobservable inputs within Level 3
Trading security	$ 6,812	$ 8,354
Level 3 | Recurring
Quantitative information about the significant unobservable inputs within Level 3
Trading security	6,812	8,354
AFS Securities	3,920
Loans held for investment	1,049	1,200
Total	13,829	15,808
Level 3 | Recurring | Commitments to lend
Quantitative information about the significant unobservable inputs within Level 3
Derivative asset	15	124
Level 3 | Recurring | Forward commitments
Quantitative information about the significant unobservable inputs within Level 3
Derivative asset	7	134
Level 3 | Recurring | Capitalized servicing rights
Quantitative information about the significant unobservable inputs within Level 3
Capitalized servicing rights	$ 2,026	$ 1,966
Level 3 | Recurring | Discounted Cash Flow | Discount Rate
Quantitative information about the significant unobservable inputs within Level 3
Trading security, Significant Unobservable Input Value	0.0638	0.0335
Loan held for investment, Significant Unobservable Input Value	0.2500	0.2500
Level 3 | Recurring | Discounted Cash Flow | Discount Rate | Capitalized servicing rights
Quantitative information about the significant unobservable inputs within Level 3
Capitalized servicing rights, Significant Unobservable Input Value	0.0955	0.0950
Level 3 | Recurring | Discounted Cash Flow | Collateral Value | Minimum
Quantitative information about the significant unobservable inputs within Level 3
Loan held for investment, Significant Unobservable Input Value	0	6,300,000
Level 3 | Recurring | Discounted Cash Flow | Collateral Value | Maximum
Quantitative information about the significant unobservable inputs within Level 3
Loan held for investment, Significant Unobservable Input Value	20,700,000	19,800,000
Level 3 | Recurring | Discounted Cash Flow | Constant Prepayment Rate (CPR) | Capitalized servicing rights
Quantitative information about the significant unobservable inputs within Level 3
Capitalized servicing rights, Significant Unobservable Input Value	0.1248	0.1941
Level 3 | Recurring | Indication from Market Maker | Price
Quantitative information about the significant unobservable inputs within Level 3
AFS Securities, Significant Unobservable Input Value	0.9800	1.0100
Level 3 | Recurring | Historical Trend | Closing Ratio | Commitments to lend
Quantitative information about the significant unobservable inputs within Level 3
Derivative asset, Significant Unobservable Input Value	0.8395	0.8209
Level 3 | Recurring | Historical Trend | Closing Ratio | Forward commitments
Quantitative information about the significant unobservable inputs within Level 3
Derivative asset, Significant Unobservable Input Value	0.8395	0.8209
Level 3 | Recurring | Pricing Model | Origination Costs, per loan | Commitments to lend
Quantitative information about the significant unobservable inputs within Level 3
Derivative asset, Significant Unobservable Input Value | uSDPerLoan	3	3
Level 3 | Recurring | Pricing Model | Origination Costs, per loan | Forward commitments
Quantitative information about the significant unobservable inputs within Level 3
Derivative asset, Significant Unobservable Input Value | uSDPerLoan	3	3

FAIR VALUE MEASUREMENTS - Mea_2

FAIR VALUE MEASUREMENTS - Measured on Non-recurring Basis (Details) - Level 3 - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Quantitative information about the significant unobservable inputs within Level 3
Loans held for sale	$ 3,574	$ 0
Non-recurring
Quantitative information about the significant unobservable inputs within Level 3
Individually evaluated	2,944	12,482
Loans held for sale	3,574	0
Capitalized servicing rights	11,793	14,056
Total	$ 18,311	$ 26,538

FAIR VALUE MEASUREMENTS - Uno_2

FAIR VALUE MEASUREMENTS - Unobservable Inputs Non-recurring (Details) - Level 3 $ in Thousands	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Quantitative information about the significant unobservable inputs within Level 3
Loans held for sale	$ 3,574	$ 0
Non-recurring
Quantitative information about the significant unobservable inputs within Level 3
Individually evaluated	2,944	12,482
Loans held for sale	3,574	0
Capitalized servicing rights	11,793	14,056
Total	18,311	26,538
Non-recurring | Fair Value of Collateral
Quantitative information about the significant unobservable inputs within Level 3
Individually evaluated	2,944	$ 12,482
Loans held for sale	$ 3,574
Non-recurring | Appraised Value | Fair Value of Collateral
Quantitative information about the significant unobservable inputs within Level 3
Loans held for sale, measurement input	3,574,000
Non-recurring | Minimum | Discounted Cash Flow - Loss Severity | Fair Value of Collateral
Quantitative information about the significant unobservable inputs within Level 3
Individually evaluated, Unobservable Inputs, Range (Weighted Average)	1	0.3596
Non-recurring | Minimum | Appraised Value | Fair Value of Collateral
Quantitative information about the significant unobservable inputs within Level 3
Individually evaluated, Unobservable Inputs, Range (Weighted Average)	0	0
Non-recurring | Maximum | Discounted Cash Flow - Loss Severity | Fair Value of Collateral
Quantitative information about the significant unobservable inputs within Level 3
Individually evaluated, Unobservable Inputs, Range (Weighted Average)	0.2642	1.3309
Non-recurring | Maximum | Appraised Value | Fair Value of Collateral
Quantitative information about the significant unobservable inputs within Level 3
Individually evaluated, Unobservable Inputs, Range (Weighted Average)	608,000	405,000
Non-recurring | Weighted Average | Discounted Cash Flow - Loss Severity | Fair Value of Collateral
Quantitative information about the significant unobservable inputs within Level 3
Individually evaluated, Unobservable Inputs, Range (Weighted Average)	0.4976	0.4914
Non-recurring | Weighted Average | Appraised Value | Fair Value of Collateral
Quantitative information about the significant unobservable inputs within Level 3
Individually evaluated, Unobservable Inputs, Range (Weighted Average)	(501,000)	256,000
Non-recurring | Capitalized servicing rights | Discounted Cash Flow
Quantitative information about the significant unobservable inputs within Level 3
Capitalized servicing rights	$ 11,793	$ 14,056
Non-recurring | Capitalized servicing rights | Minimum | Constant Prepayment Rate (CPR) | Discounted Cash Flow
Quantitative information about the significant unobservable inputs within Level 3
Capitalized servicing rights, Unobservable Inputs, Range (Weighted Average)	0.0599	0.0624
Non-recurring | Capitalized servicing rights | Minimum | Discount Rate | Discounted Cash Flow
Quantitative information about the significant unobservable inputs within Level 3
Capitalized servicing rights, Unobservable Inputs, Range (Weighted Average)	0.0916	0.0959
Non-recurring | Capitalized servicing rights | Maximum | Constant Prepayment Rate (CPR) | Discounted Cash Flow
Quantitative information about the significant unobservable inputs within Level 3
Capitalized servicing rights, Unobservable Inputs, Range (Weighted Average)	0.1352	0.1773
Non-recurring | Capitalized servicing rights | Maximum | Discount Rate | Discounted Cash Flow
Quantitative information about the significant unobservable inputs within Level 3
Capitalized servicing rights, Unobservable Inputs, Range (Weighted Average)	0.1613	0.1311
Non-recurring | Capitalized servicing rights | Weighted Average | Constant Prepayment Rate (CPR) | Discounted Cash Flow
Quantitative information about the significant unobservable inputs within Level 3
Capitalized servicing rights, Unobservable Inputs, Range (Weighted Average)	0.1128	0.1329
Non-recurring | Capitalized servicing rights | Weighted Average | Discount Rate | Discounted Cash Flow
Quantitative information about the significant unobservable inputs within Level 3
Capitalized servicing rights, Unobservable Inputs, Range (Weighted Average)	0.1332	0.1197

FAIR VALUE MEASUREMENTS - Fair

FAIR VALUE MEASUREMENTS - Fair Values and Carrying Amounts (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financial Assets
Trading security	$ 6,800	$ 8,400
Marketable equity securities	12,790	15,453
Securities available for sale, at fair value	1,470,949	1,877,585
Securities held to maturity	503,262	647,236
FHLB bank stock and restricted securities	7,264	10,800
Level 1
Financial Assets
Cash and cash equivalents	694,913	1,627,807
Trading security	0	0
Marketable equity securities	12,790	14,798
Securities available for sale, at fair value	0	0
Securities held to maturity	0	0
Net loans	0	0
Loans held for sale	0	0
Accrued interest receivable	0	0
Derivative assets	0	0
Financial Liabilities
Total deposits	0	0
Short-term debt	0	0
Long-term Federal Home Loan Bank advances and other	0	0
Subordinated borrowings	0	0
Derivative liabilities	0	0
Level 2
Financial Assets
Cash and cash equivalents	0	0
Trading security	0	0
Marketable equity securities	0	655
Securities available for sale, at fair value	1,467,029	1,873,555
Securities held to maturity	501,164	644,497
Net loans	0	0
Loans held for sale	550	6,110
Accrued interest receivable	40,444	33,534
Derivative assets	52,997	79,270
Financial Liabilities
Total deposits	9,944,085	10,073,217
Short-term debt	0	0
Long-term Federal Home Loan Bank advances and other	2,888	13,053
Subordinated borrowings	110,109	95,006
Derivative liabilities	101,745	35,194
Level 3
Financial Assets
Cash and cash equivalents	0	0
Trading security	6,812	8,354
Marketable equity securities	0	0
Securities available for sale, at fair value	3,920	4,030
Securities held to maturity	2,098	2,739
Net loans	7,798,562	6,850,975
Loans held for sale	3,574	0
Accrued interest receivable	0	0
Derivative assets	22	258
Financial Liabilities
Total deposits	0	0
Short-term debt	0	0
Long-term Federal Home Loan Bank advances and other	0	0
Subordinated borrowings	0	0
Derivative liabilities	0	0
Carrying Amount
Financial Assets
Cash and cash equivalents	694,913	1,627,807
Trading security	6,812	8,354
Marketable equity securities	12,790	15,453
Securities available for sale, at fair value	1,470,949	1,877,585
Securities held to maturity	592,503	636,503
FHLB bank stock and restricted securities	7,264	10,800
Net loans	7,847,468	6,719,753
Loans held for sale	4,124	6,110
Accrued interest receivable	40,444	33,534
Derivative assets	53,019	79,528
Financial Liabilities
Total deposits	9,988,121	10,068,953
Short-term debt	0	0
Long-term Federal Home Loan Bank advances and other	4,494	13,331
Subordinated borrowings	121,001	97,513
Derivative liabilities	101,745	35,194
Fair Value
Financial Assets
Cash and cash equivalents	694,913	1,627,807
Trading security	6,812	8,354
Marketable equity securities	12,790	15,453
Securities available for sale, at fair value	1,470,949	1,877,585
Securities held to maturity	503,262	647,236
Net loans	7,798,562	6,850,975
Loans held for sale	4,124	6,110
Accrued interest receivable	40,444	33,534
Derivative assets	53,019	79,528
Financial Liabilities
Total deposits	9,944,085	10,073,217
Short-term debt	0	0
Long-term Federal Home Loan Bank advances and other	2,888	13,053
Subordinated borrowings	110,109	95,006
Derivative liabilities	$ 101,745	$ 35,194

NET INTEREST INCOME AFTER BEN_3

NET INTEREST INCOME AFTER BENEFIT/PROVISION FOR CREDIT LOSSES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Banking and Thrift, Interest [Abstract]
Net interest income	$ 92,084	$ 71,368	$ 242,505	$ 221,854
Provision/(benefit) for credit losses	3,000	(4,000)	(1,000)	2,500
Net interest after provision for credit losses	$ 89,084	$ 75,368	$ 243,505	$ 219,354