XML 34 R24.htm IDEA: XBRL DOCUMENT
v3.22.1

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME | 3 Months Ended
--- | ---
Mar. 31, 2022
Equity [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME | ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME Accumulated other comprehensive (loss) income, net of income taxes, as of March 31, 2022 and December 31, 2021 consisted of:
| March 31, |  | December 31,
| 2022 |  | 2021
| (In thousands)
Unrealized (loss) gain on securities available-for-sale which are not other-than-temporarily impaired | $ | (23,460) |  |  | $ | 7,292 |
Income tax effect of unrealized loss (gain) on securities available-for-sale | 2,938 |  |  | (1,629) |
Net unrealized (loss) gain on securities available-for-sale which are not other-than-temporarily impaired | (20,522) |  |  | 5,663 |
Unrealized loss on cash flow hedges | (185) |  |  | (804) |
Income tax effect of unrealized loss on cash flow hedges | 69 |  |  | 301 |
Net unrealized loss on cash flow hedges | (116) |  |  | (503) |
Accumulated other comprehensive (loss) income, net of income taxes | $ | (20,638) |  |  | $ | 5,160 |
The following table presents changes in accumulated other comprehensive (loss) income by component, net of taxes, for quarters ended March 31, 2022 and 2021:
| Quarter Ended March 31, 2022
| Net unrealized loss on securities available-for-sale |  | Net unrealized loss on cash flow hedges |  | Accumulated other comprehensive (loss) income
| (In thousands)
Beginning balance | $ | 5,663 |  |  | $ | (503) |  |  | $ | 5,160 |
Other comprehensive (loss) income before reclassifications | (26,187) |  |  | 194 |  |  | (25,993) |
Amounts reclassified out of accumulated other comprehensive income | 2 |  |  | 193 |  |  | 195 |
Other comprehensive (loss) income | (26,185) |  |  | 387 |  |  | (25,798) |
Ending balance | $ | (20,522) |  |  | $ | (116) |  |  | $ | (20,638) |
| Quarter Ended March 31, 2021
| Net unrealized gains on securities available-for-sale |  | Net unrealized loss on cash flow hedges |  | Accumulated other comprehensive (loss) income
| (In thousands)
Beginning balance | $ | 12,092 |  |  | $ | (1,070) |  |  | $ | 11,022 |
Other comprehensive (loss) income before reclassifications | (4,948) |  |  | (304) |  |  | (5,252) |
Amounts reclassified out of accumulated other comprehensive income | 1 |  |  | 459 |  |  | 460 |
Other comprehensive (loss) income | (4,947) |  |  | 155 |  |  | (4,792) |
Ending balance | $ | 7,145 |  |  | $ | (915) |  |  | $ | 6,230 |
The following table presents reclassifications out of accumulated other comprehensive (loss) income for the quarters ended March 31, 2022 and 2021:
| Amount reclassified out of accumulated other comprehensive income Quarter Ended March 31, |  | Affected Line Item in Consolidated Statement of Operations
| 2022 |  | 2021 |  |  |
| (In thousands) |  |
Cash flow hedges: |  |  |  |  |  |  |
Interest-rate contracts | $ | 193 |  |  | $ | 459 |  |  |  |  | Net interest expense
Available-for-sale securities: |  |  |  |  |  |  |
Tax effect from changes in tax rates | 2 |  |  | 1 |  |  |  |  | Income tax expense
| $ | 195 |  |  | $ | 460 |  |  |  |  |

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration