XML 43 R34.htm IDEA: XBRL DOCUMENT v3.23.3
DERIVATIVE INSTRUMENTS (Tables)
 9 Months Ended
Sep. 30, 2023
DERIVATIVE INSTRUMENTS [Abstract]  
Impacts of Derivative Instruments on Consolidated Statements of Comprehensive Income The impact of the Company’s derivative instruments on the accompanying Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2023 are presented in the table below:

 
  
For the Three Months Ended
    
For the Nine Months Ended
  
 
  
September 30, 2023
    
September 30, 2022
    
September 30, 2023
    
September 30, 2022
  
   
(In thousands)
  
Net income
   $ 12,222     $ 12,821     $ 38,513     $ 40,059  
Other comprehensive loss
                                
Unrealized gain on cash flow hedge
    
1,276
      
6,473
      
2,340
      
5,942
  
Tax effect at statutory rate (federal and state)
    
(326
)
    
(1,654
)
    
(598
)
    
(1,518
)
Comprehensive income
  
$
13,172
    
$
17,640
    
$
40,255
    
$
44,483