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ACCUMULATED OTHER COMPREHENSIVE LOSS
6 Months Ended
Jun. 30, 2024
ACCUMULATED OTHER COMPREHENSIVE LOSS [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS
NOTE 14 – ACCUMULATED
 
OTHER COMPREHENSIVE LOSS
 
The
 
following
 
table
 
presents the
 
changes
 
in
 
accumulated
 
other
 
comprehensive
 
loss for
 
the quarters
 
and
 
six-month
 
periods
 
ended
June 30, 2024 and 2023:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Changes in Accumulated Other Comprehensive
 
Loss by Component
(1)
Quarter ended June 30,
Six-Month Period Ended June 30,
2024
2023
2024
2023
(In thousands)
Unrealized net holding losses on available-for-sale
 
debt securities:
Beginning balance
$
(655,617)
$
(718,744)
$
(640,552)
$
(805,972)
 
Other comprehensive income (loss)
(2)
10,560
(54,837)
(4,505)
32,391
Ending balance
$
(645,057)
$
(773,581)
$
(645,057)
$
(773,581)
Adjustment of pension and postretirement
 
benefit plans:
Beginning balance
$
1,382
$
1,194
$
1,382
$
1,194
 
Other comprehensive income (loss)
-
-
-
-
Ending balance
$
1,382
$
1,194
$
1,382
$
1,194
(1)
All amounts presented are net of tax.
(2)
Net unrealized holding gains (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.