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Restricted Equity Securities | 12 Months Ended
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Dec. 31, 2025
Restricted Investments Note [Abstract] |
Restricted Equity Securities | Restricted Equity Securities Investments in the restricted equity securities of various entities are as follows:
| At December 31,
| 2025 |  | 2024
| (In Thousands)
FHLB stock | $ | 29,382 |  |  | $ | 61,108 |
FRB stock | 57,407 |  |  | 21,881 |
Other restricted equity securities | 649 |  |  | 166 |
| $ | 87,438 |  |  | $ | 83,155 |
The Company invests in the stock of the FHLB of Boston as one of the requirements to borrow. As of December 31, 2025 and 2024, FHLB stock is recorded at its carrying value, which is equal to cost and which management believes approximates its fair value. As of December 31, 2025, the Company's investment in FHLB stock met the total stock investment requirement. The Company invests in the stock of the Federal Reserve Bank of Boston as required by the Banks membership in the Federal Reserve System. As of December 31, 2025 and 2024, Federal Reserve Bank stock is recorded at its carrying value, which is equal to cost and which management believes approximates its fair value. Other Stock—The Company invests in a small number of other restricted equity securities. As of December 31, 2025, the Company owned stock in other restricted equity securities with a carrying value of $0.6 million, compared to $0.2 million December 31, 2024.

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- Definition The entire disclosure for assets that are restricted in their use, generally by contractual agreements or regulatory requirements. This would include, but not limited to, a description of the restricted assets and the terms of the restriction. + References No definition available. + Details
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