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Accumulated Other Comprehensive Loss ("AOCL") | 9 Months Ended
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Sep. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Loss ("AOCL") | Accumulated Other Comprehensive Loss (“AOCL”) A summary of changes in AOCL follows:
| Unrealized Losses on Securities AFS |  | Unrealized Losses on Securities Transferred to Securities HTM (1) |  | Dispropor- tionate Tax Effects from Securities AFS |  | Unrealized Gains (Losses) on Derivative Instruments |  | Total
| (In thousands)
For the three months ended September 30, |  |  |  |  |  |  |  |  |
2025 |  |  |  |  |  |  |  |  |
Balances at beginning of period | $ | (51,816) |  |  | $ | (11,489) |  |  | $ | (5,798) |  |  | $ | (784) |  |  | $ | (69,887) |
Other comprehensive income (loss) before reclassifications | 9,066 |  |  | 614 |  |  | — |  |  | (932) |  |  | 8,748 |
Amounts reclassified from AOCL | 27 |  |  | — |  |  | — |  |  | 482 |  |  | 509 |
Net current period other comprehensive income (loss) | 9,093 |  |  | 614 |  |  | — |  |  | (450) |  |  | 9,257 |
Balances at end of period | $ | (42,723) |  |  | $ | (10,875) |  |  | $ | (5,798) |  |  | $ | (1,234) |  |  | $ | (60,630) |
2024 |  |  |  |  |  |  |  |  |
Balances at beginning of period | $ | (49,482) |  |  | $ | (14,084) |  |  | $ | (5,798) |  |  | $ | (1,464) |  |  | $ | (70,828) |
Other comprehensive income before reclassifications | 9,340 |  |  | 646 |  |  | — |  |  | 2,168 |  |  | 12,154 |
Amounts reclassified from AOCL | 114 |  |  | — |  |  | — |  |  | 308 |  |  | 422 |
Net current period other comprehensive income | 9,454 |  |  | 646 |  |  | — |  |  | 2,476 |  |  | 12,576 |
Balances at end of period | $ | (40,028) |  |  | $ | (13,438) |  |  | $ | (5,798) |  |  | $ | 1,012 |  |  | $ | (58,252) |
For the nine months ended September 30, |  |  |  |  |  |  |  |  |
2025 |  |  |  |  |  |  |  |  |
Balances at beginning of period | $ | (49,301) |  |  | $ | (12,775) |  |  | $ | (5,798) |  |  | $ | (2,070) |  |  | $ | (69,944) |
Other comprehensive income (loss) before reclassifications | 6,298 |  |  | 1,900 |  |  | — |  |  | (383) |  |  | 7,815 |
Amounts reclassified from AOCL | 280 |  |  | — |  |  | — |  |  | 1,219 |  |  | 1,499 |
Net current period other comprehensive income | 6,578 |  |  | 1,900 |  |  | — |  |  | 836 |  |  | 9,314 |
Balances at end of period | $ | (42,723) |  |  | $ | (10,875) |  |  | $ | (5,798) |  |  | $ | (1,234) |  |  | $ | (60,630) |
2024 |  |  |  |  |  |  |  |  |
Balances at beginning of period | $ | (51,113) |  |  | $ | (15,408) |  |  | $ | (5,798) |  |  | $ | 177 |  |  | $ | (72,142) |
Other comprehensive income before reclassifications | 10,758 |  |  | 1,970 |  |  | — |  |  | 41 |  |  | 12,769 |
Amounts reclassified from AOCL | 327 |  |  | — |  |  | — |  |  | 794 |  |  | 1,121 |
Net current period other comprehensive income | 11,085 |  |  | 1,970 |  |  | — |  |  | 835 |  |  | 13,890 |
Balances at end of period | $ | (40,028) |  |  | $ | (13,438) |  |  | $ | (5,798) |  |  | $ | 1,012 |  |  | $ | (58,252) |
(1)Represents the remaining unrealized loss to be accreted on securities that were transferred from AFS to HTM on April 1, 2022. The disproportionate tax effects from securities AFS arose due to tax effects of other comprehensive income (“OCI”) in the presence of a valuation allowance against our deferred tax assets and a pretax loss from operations. Generally, the amount of income tax expense or benefit allocated to operations is determined without regard to the tax effects of other categories of income or loss, such as OCI. However, an exception to the general rule is provided when, in the presence of a valuation allowance against deferred tax assets, there is a pretax loss from operations and pretax income from other categories in the current period. In such instances, income from other categories must offset the current loss from operations, the tax benefit of such offset being reflected in operations. Release of material disproportionate tax effects from other comprehensive income to earnings is done by the portfolio method whereby the effects will remain in AOCL as long as we carry a more than inconsequential portfolio of securities AFS. A summary of reclassifications out of each component of AOCL for the three months ended September 30 follows:
AOCL Component |  | Amount Reclassified From AOCL |  | Affected Line Item in Interim Condensed Consolidated Statements of Operations
|  | (In thousands) |  |
2025 |  |  |  |
Unrealized losses on securities available for sale |  |  |  |
|  | $ | (36) |  |  | Net losses on securities available for sale
|  | (9) |  |  | Income tax expense
|  | $ | (27) |  |  | Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments |  |  |  |
|  | $ | (606) |  |  | Interest income
|  | 4 |  |  | Interest expense
|  | (610) |  |  |
|  | (128) |  |  | Income tax expense
|  | $ | (482) |  |  | Reclassifications, net of tax
|  | $ | (509) |  |  | Total reclassifications for the period, net of tax
2024 |  |  |  |
Unrealized losses on securities available for sale |  |  |  |
|  | $ | (145) |  |  | Net losses on securities available for sale
|  | (31) |  |  | Income tax expense
|  | $ | (114) |  |  | Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments |  |  |  |
|  | $ | (390) |  |  | Interest income
|  | (82) |  |  | Income tax expense
|  | $ | (308) |  |  | Reclassifications, net of tax
|  | $ | (422) |  |  | Total reclassifications for the period, net of tax
A summary of reclassifications out of each component of AOCL for the nine months ended September 30 follows:
AOCL Component |  | Amount Reclassified From AOCL |  | Affected Line Item in Interim Condensed Consolidated Statements of Operations
|  | (In thousands) |  |
2025 |  |  |  |
Unrealized losses on securities available for sale |  |  |  |
|  | $ | (355) |  |  | Net losses on securities available for sale
|  | (75) |  |  | Income tax expense
|  | $ | (280) |  |  | Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments |  |  |  |
|  | $ | (1,535) |  |  | Interest income
|  | 8 |  |  | Interest expense
|  | (1,543) |  |  |
|  | (324) |  |  | Income tax expense
|  | $ | (1,219) |  |  | Reclassifications, net of tax
|  | $ | (1,499) |  |  | Total reclassifications for the period, net of tax
2024 |  |  |  |
Unrealized losses on securities available for sale |  |  |  |
|  | $ | (414) |  |  | Net losses on securities available for sale
|  | (87) |  |  | Income tax expense
|  | $ | (327) |  |  | Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments |  |  |  |
|  | $ | (1,005) |  |  | Interest income
|  | 211 |  |  | Income tax expense
|  | $ | (794) |  |  | Reclassifications, net of tax
|  | $ | (1,121) |  |  | Total reclassifications for the period, net of tax

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
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