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ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive (loss) income, net of income taxes, as of December 31, 2022 and 2021 consisted of:
December 31,
20222021
(In thousands)
Unrealized (loss) gain on securities available-for-sale$(110,036)$7,292 
Income tax effect of unrealized loss (gain) on securities available-for-sale16,373 (1,629)
Net unrealized (loss) gain on securities available-for-sale(93,663)5,663 
Unrealized gain (loss) on cash flow hedges406 (804)
Income tax effect of unrealized (gain) loss on cash flow hedges(152)301 
Net unrealized gain (loss) on cash flow hedges254 (503)
Accumulated other comprehensive (loss) income, net of income taxes$(93,409)$5,160 
The following table presents changes in accumulated other comprehensive (loss) income by component, net of taxes, for 2022, 2021 and 2020:
Year Ended December 31, 2022
Net unrealized
loss on
securities
available-for-sale		Net unrealized
gain on
cash flow
hedges		Accumulated
other
comprehensive
(loss) income
(In thousands)
Beginning balance$5,663 $(503)$5,160 
Other comprehensive (loss) income before reclassifications(99,087)24 (99,063)
Amounts reclassified out of accumulated other comprehensive (loss) income(239)733 494 
Other comprehensive (loss) income(99,326)757 (98,569)
Ending balance$(93,663)$254 $(93,409)
Year Ended December 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(6,454)(1,074)(7,528)
Amounts reclassified out of accumulated other comprehensive income25 1,641 1,666 
Other comprehensive (loss) income(6,429)567 (5,862)
Ending balance$5,663 $(503)$5,160 
Year Ended December 31, 2020
Net unrealized
gains on
Securities
available-for-sale		Net unrealized
loss on
cash flow
hedges		Accumulated
other
comprehensive
(loss) income
(In thousands)
Beginning balance$(441)$(567)$(1,008)
Other comprehensive income (loss) before reclassifications7,803 (2,491)5,312 
Amounts reclassified out of accumulated other comprehensive income4,730 1,988 6,718 
Other comprehensive income (loss)12,533 (503)12,030 
Ending balance$12,092 $(1,070)$11,022 
Schedule of Reclassifications Out of Other Comprehensive Income
The following table presents reclassifications out of accumulated other comprehensive (loss) income for 2022, 2021 and 2020:
Amount reclassified out of accumulated other comprehensive (loss) income Affected Line Item in
Consolidated Statement of
Operations
Year Ended December 31,
202220212020
(In thousands)
Cash flow hedges:
Interest-rate contracts$733 $1,641 $1,988 Net interest expense
Available-for-sale securities:
Gain on sale of investments(247)19 4,728 Net gain on sale of securities
Tax effect from changes in tax rates8 6 2 Income tax expense
$494 $1,666 $6,718