XML 35 R24.htm IDEA: XBRL DOCUMENT v3.25.1
ACCUMULATED OTHER COMPREHENSIVE LOSS
 3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS ACCUMULATED OTHER COMPREHENSIVE LOSS
Accumulated other comprehensive loss, net of income taxes, as of March 31, 2025 and December 31, 2024 consisted of:
March 31,December 31,
20252024
(In thousands)
Unrealized loss on securities available-for-sale$(67,817)$(105,930)
Income tax effect of unrealized loss on securities available-for-sale9,816 16,091 
Net unrealized loss on securities available-for-sale(58,001)(89,839)
Accumulated other comprehensive loss, net of income taxes$(58,001)$(89,839)
The following table presents changes in accumulated other comprehensive loss by component, net of taxes, for the quarters ended March 31, 2025 and 2024:
Quarter Ended March 31, 2025
Net unrealized loss on securities available-for-sale
(In thousands)
Beginning balance$(89,839)
Other comprehensive income before reclassifications31,836 
Amounts reclassified out of accumulated other comprehensive loss2 
Other comprehensive income31,838 
Ending balance$(58,001)
Quarter Ended March 31, 2024
Net unrealized loss on securities available-for-sale
(In thousands)
Beginning balance$(67,013)
Other comprehensive loss before reclassifications(14,711)
Amounts reclassified out of accumulated other comprehensive loss(7)
Other comprehensive loss(14,718)
Ending balance$(81,731)
The following table presents reclassifications out of accumulated other comprehensive loss for March 31, 2025 and 2024:
Amount reclassified out of accumulated other comprehensive loss Quarter Ended March 31,
Affected Line Item in
Consolidated Statement of
Operations
20252024
(In thousands)
Available-for-sale securities:
Loss on sale of investments— (7)Net loss on sale of securities
Tax effect from changes in tax rates2 — Income tax expense
$2 $(7)