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Restricted Equity Securities
 12 Months Ended
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,
 20252024
 (In Thousands)
FHLB stock$29,382 $61,108 
FRB stock57,407 21,881 
Other restricted equity securities649 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.