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ACCUMULATED OTHER COMPREHENSIVE LOSS
9 Months Ended
Sep. 30, 2023
ACCUMULATED OTHER COMPREHENSIVE LOSS [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS
NOTE 15 – ACCUMULATED
 
OTHER COMPREHENSIVE LOSS
 
The following table presents the changes in accumulated other comprehensive
 
loss for the quarters and nine-month periods ended
September 30, 2023 and 2022:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Changes in Accumulated Other Comprehensive
 
Loss by Component
(1)
Quarter ended September 30,
 
Nine-Month Period Ended September
 
30,
 
2023
2022
2023
2022
(In thousands)
Unrealized net holding losses on available-for-sale
 
debt securities:
Beginning balance
$
(773,581)
$
(595,147)
$
(805,972)
$
(87,390)
 
Other comprehensive loss
(2)
(78,976)
(270,937)
(46,585)
(778,694)
Ending balance
$
(852,557)
$
(866,084)
$
(852,557)
$
(866,084)
Adjustment of pension and postretirement
 
benefit plans:
Beginning balance
$
1,194
$
3,391
$
1,194
$
3,391
 
Other comprehensive (loss) income
-
-
-
-
Ending balance
$
1,194
$
3,391
$
1,194
$
3,391
____________________
(1)
All amounts presented are net of tax.
(2)
Net unrealized holding losses on available-for-sale debt securities have no tax effect because securities are either tax-exempt, held by an IBE, or have a full deferred tax asset valuation allowance.