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Accumulated Other Comprehensive Income
12 Months Ended
Dec. 31, 2024
Accumulated Other Comprehensive Income  
Accumulated Other Comprehensive Income

Note 21:      Accumulated Other Comprehensive Income

The components of accumulated other comprehensive income (AOCI), included in stockholders’ equity, are as follows:

    

2024

    

2023

(In Thousands)

Net unrealized loss on available-for-sale securities

$

(61,191)

$

(53,685)

Net unrealized loss on held-to-maturity securities

(262)

(65)

Net unrealized loss on active derivatives used for cash flow hedges

(17,014)

(17,296)

Net unrealized gain on terminated derivatives used for cash flow hedges

 

6,209

 

14,354

 

(72,258)

 

(56,692)

Tax effect

 

17,896

 

14,211

Net-of-tax amount

$

(54,362)

$

(42,481)

Amounts reclassified from AOCI and the affected line items in the statements of income during the years ended December 31, 2024, 2023 and 2022, were as follows:

    

Amounts Reclassified

    

from AOCI

Affected Line Item in the

    

2024

    

2023

    

2022

    

Statements of Income

(In Thousands)

Unrealized loss on available-for-sale securities

$

$

$

(130)

 

Net realized loss on
   available-for-sale securities (total
   reclassified amount before tax)

Change in fair value of cash flow hedge

8,145

8,122

8,123

Amortization of realized gain on
  termination of cash flow hedge (total
   reclassification amount before tax)

Income taxes

 

(1,859)

 

(1,855)

 

(1,820)

 

Provision for income taxes

Total reclassifications out of AOCI

$

6,286

$

6,267

$

6,173