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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive loss, net of income taxes, as of December 31, 2023 and 2022 consisted of:
December 31,
20232022
(In thousands)
Unrealized loss on securities available-for-sale$(78,497)$(110,036)
Income tax effect of unrealized loss on securities available-for-sale11,484 16,373 
Net unrealized loss on securities available-for-sale(67,013)(93,663)
Unrealized gain on cash flow hedges— 406 
Income tax effect of unrealized gain on cash flow hedges— (152)
Net unrealized gain on cash flow hedges— 254 
Accumulated other comprehensive loss, net of income taxes$(67,013)$(93,409)
The following table presents changes in accumulated other comprehensive loss by component, net of taxes, 2023, 2022 and 2021:
Year Ended December 31, 2023
Net unrealized
loss on
securities
available-for-sale		Net unrealized
gain on
cash flow
hedges		Accumulated
other
comprehensive
loss
(In thousands)
Beginning balance$(93,663)$254 $(93,409)
Other comprehensive income (loss) before reclassifications27,792 (5,647)22,145 
Amounts reclassified out of accumulated other comprehensive loss(1,142)5,393 4,251 
Other comprehensive income (loss)26,650 (254)26,396 
Ending balance$(67,013)$— $(67,013)
Year Ended December 31, 2022
Net unrealized
loss on
securities
available-for-sale		Net unrealized
gain on
cash flow
hedges		Accumulated
other
comprehensive
loss
(In thousands)
Beginning balance$5,663 $(503)$5,160 
Other comprehensive (loss) income before reclassifications(99,087)24 (99,063)
Amounts reclassified out of accumulated other comprehensive income(239)733 494 
Other comprehensive (loss) income(99,326)757 (98,569)
Ending balance$(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 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 
Schedule of Reclassifications Out of Other Comprehensive Income
The following table presents reclassifications out of accumulated other comprehensive loss for 2023, 2022 and 2021:
Amount reclassified out of accumulated other comprehensive loss Year Ended December 31,Affected Line Item in
Consolidated Statement of
Operations
202320222021
(In thousands)
Cash flow hedges:
Interest-rate contracts$5,393 $733 $1,641 Net interest expense
Available-for-sale securities:
(Loss) gain on sale of investments
(1,149)(247)19 
Net (loss) gain on sale of securities
Tax effect from changes in tax rates7 8 6 Income tax expense
$4,251 $494 $1,666