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ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables) | 12 Months Ended
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Dec. 31, 2022
Stockholders' Equity Note [Abstract] |
Schedule of Accumulated Other Comprehensive Income/(Loss) Balances, Net of Tax | The following is a summary of the accumulated other comprehensive income/(loss) balances, net of tax, for the years ended December 31, 2022, 2021 and 2020:
|  |  |  |  |  |  |  | Amount |  |  | Other |  |  |  |
|  |  |  |  |  |  |  | Reclassified |  |  | Comprehensive |  |  |  |
|  |  |  |  | Other |  |  | From |  |  | Income/(Loss) |  |  |  |
|  |  |  |  | Comprehensive |  |  | Accumulated |  |  | Twelve Months |  |  |  |
|  | Balance at |  |  | Income/(Loss) |  |  | Other |  |  | Ended |  |  | Balance at |
|  | January 1, |  |  | Before |  |  | Comprehensive |  |  | December 31, |  |  | December 31, |
(In thousands) |  | 2022 |  |  | Reclassifications |  |  | Income/(Loss) |  |  | 2022 |  |  | 2022 |
Net unrealized holding gain/(loss) on securities available for sale, net of tax |  | $ | (9,873 | ) |  | $ | (76,126 | ) |  | $ | 5,027 |  |  | $ | (71,099 | ) |  | $ | (80,972 | )
Gain/(loss) on cash flow hedges |  |  | (2,501 | ) |  |  | 9,348 |  |  |  | (86 | ) |  |  | 9,262 |  |  |  | 6,761 |
Accumulated other comprehensive gain/(loss), net of tax |  | $ | (12,374 | ) |  | $ | (66,778 | ) |  | $ | 4,941 |  |  | $ | (61,837 | ) |  | $ | (74,211 | )
|  |  |  |  |  |  |  | Amount |  |  | Other |  |  |  |
|  |  |  |  |  |  |  | Reclassified |  |  | Comprehensive |  |  |  |
|  |  |  |  | Other |  |  | From |  |  | Income/(Loss) |  |  |  |
|  |  |  |  | Comprehensive |  |  | Accumulated |  |  | Twelve Months |  |  |  |
|  | Balance at |  |  | Income/(Loss) |  |  | Other |  |  | Ended |  |  | Balance at |
|  | January 1, |  |  | Before |  |  | Comprehensive |  |  | December 31, |  |  | December 31, |
(In thousands) |  | 2021 |  |  | Reclassifications |  |  | Income/(Loss) |  |  | 2021 |  |  | 2021 |
Net unrealized holding gain/(loss) on securities available for sale, net of tax |  | $ | 5,521 |  |  | $ | (15,394 | ) |  | $ | — |  |  | $ | (15,394 | ) |  | $ | (9,873 | )
Gain/(loss) on cash flow hedges |  |  | (6,913 | ) |  |  | 3,806 |  |  |  | 606 |  |  |  | 4,412 |  |  |  | (2,501 | )
Accumulated other comprehensive gain/(loss), net of tax |  | $ | (1,392 | ) |  | $ | (11,588 | ) |  | $ | 606 |  |  | $ | (10,982 | ) |  | $ | (12,374 | )
|  |  |  |  |  |  |  | Amount |  |  | Other |  |  |  |
|  |  |  |  |  |  |  | Reclassified |  |  | Comprehensive |  |  |  |
|  |  |  |  | Other |  |  | From |  |  | Income/(Loss) |  |  |  |
|  |  |  |  | Comprehensive |  |  | Accumulated |  |  | Twelve Months |  |  |  |
|  | Balance at |  |  | Income/(Loss) |  |  | Other |  |  | Ended |  |  | Balance at |
|  | January 1, |  |  | Before |  |  | Comprehensive |  |  | December 31, |  |  | December 31, |
(In thousands) |  | 2020 |  |  | Reclassifications |  |  | Income/(Loss) |  |  | 2020 |  |  | 2020 |
Net unrealized holding gain/(loss) on securities available for sale, net of tax |  | $ | 1,006 |  |  | $ | 4,515 |  |  | $ | — |  |  | $ | 4,515 |  |  | $ | 5,521 |
Gain/(loss) on cash flow hedges |  |  | (2,501 | ) |  |  | (4,346 | ) |  |  | (66 | ) |  |  | (4,412 | ) |  |  | (6,913 | )
Accumulated other comprehensive gain/(loss), net of tax |  | $ | (1,495 | ) |  | $ | 169 |  |  | $ | (66 | ) |  | $ | 103 |  |  | $ | (1,392 | )
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income/(loss) | The following represents the reclassifications out of accumulated other comprehensive income/(loss) for the years ended December 31, 2022, 2021 and 2020:
|  | Years Ended |  |  |
|  | December 31, |  |  |
(In thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | Affected Line Item in Statements of Income
Unrealized gain/(losses) on securities available for sale: |  |  |  |  |  |  |  |  |  |  |
Reclassification adjustment for amounts included in net income |  | $ | 6,609 |  |  | $ | — |  |  | $ | — |  |  | Securities losses, net
Tax effect |  |  | (1,582 | ) |  |  | — |  |  |  | — |  |  | Income tax expense
Total reclassifications, net of tax |  | $ | 5,027 |  |  | $ | — |  |  | $ | — |  |  |
Unrealized gain/(losses) on cash flow hedge derivatives: |  |  |  |  |  |  |  |  |  |  |
Reclassification adjustment for amounts included in net income |  | $ | (116 | ) |  | $ | 842 |  |  | $ | (89 | ) |  | Interest expense/other income
Tax effect |  |  | 30 |  |  |  | (236 | ) |  |  | 23 |  |  | Income tax expense
Total reclassifications, net of tax |  | $ | (86 | ) |  | $ | 606 |  |  | $ | (66 | ) |  |

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
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