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ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)

6 Months Ended

Jun. 30, 2024

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 three months ended June 30, 2024 and 2023:

										Amount				Other
										Reclassified				Comprehensive
						Other				From				Income/(Loss)
						Comprehensive				Accumulated				Three Months
		Balance at				Income/(Loss)				Other				Ended				Balance at
		April 1,				Before				Comprehensive				June 30,				June 30,
(In thousands)		2024				Reclassifications				Income/(Loss)				2024				2024
Net unrealized holding gain/(loss) on    securities available for sale, net of tax		$	(74,769	)		$	(419	)		$	—			$	(419	)		$	(75,188	)
Gain/(loss) on cash flow hedges			7,009				(163	)			—				(163	)			6,846
Accumulated other comprehensive gain/(loss),    net of tax		$	(67,760	)		$	(582	)		$	—			$	(582	)		$	(68,342	)

										Amount				Other
										Reclassified				Comprehensive
						Other				From				Income/(Loss)
						Comprehensive				Accumulated				Three Months
		Balance at				Income/(Loss)				Other				Ended				Balance at
		April 1,				Before				Comprehensive				June 30,				June 30,
(In thousands)		2023				Reclassifications				Income/(Loss)				2023				2023
Net unrealized holding gain/(loss) on    securities available for sale, net of tax		$	(72,251	)		$	(3,796	)		$	—			$	(3,796	)		$	(76,047	)
Gain/(loss) on cash flow hedges			4,806				3,274				(30	)			3,244				8,050
Accumulated other comprehensive gain/(loss),    net of tax		$	(67,445	)		$	(522	)		$	(30	)		$	(552	)		$	(67,997	)

The following is a summary of the accumulated other comprehensive income/(loss) balances, net of tax, for the six months ended June 30, 2024 and 2023:

										Amount				Other
										Reclassified				Comprehensive
						Other				From				Income/(Loss)
						Comprehensive				Accumulated				Six Months
		Balance at				Income/(Loss)				Other				Ended				Balance at
		January 1,				Before				Comprehensive				June 30,				June 30,
(In thousands)		2024				Reclassifications				Income/(Loss)				2024				2024
Net unrealized holding gain/(loss) on    securities available for sale, net of tax		$	(69,809	)		$	(5,379	)		$	—			$	(5,379	)		$	(75,188	)
Gain/(loss) on cash flow hedges			4,931				1,915				—				1,915				6,846
Accumulated other comprehensive    gain/(loss), net of tax		$	(64,878	)		$	(3,464	)		$	—			$	(3,464	)		$	(68,342	)

										Amount				Other
										Reclassified				Comprehensive
						Other				From				Income/(Loss)
						Comprehensive				Accumulated				Six Months
		Balance at				Income/(Loss)				Other				Ended				Balance at
		January 1,				Before				Comprehensive				June 30,				June 30,
(In thousands)		2023				Reclassifications				Income/(Loss)				2023				2023
Net unrealized holding gain/(loss) on    securities available for sale, net of tax		$	(80,972	)		$	4,925			$	—			$	4,925			$	(76,047	)
Gain/(loss) on cash flow hedges			6,761				1,349				(60	)			1,289				8,050
Accumulated other comprehensive    gain/(loss), net of tax		$	(74,211	)		$	6,274			$	(60	)		$	6,214			$	(67,997	)

Schedule of Reclassifications Out of Accumulated Other Comprehensive Income/(loss)

The following represents the reclassifications out of accumulated other comprehensive income/(loss) for the three months ended June 30, 2024 and 2023:

		Three Months Ended
		June 30,
(In thousands)		2024				2023				Affected Line Item in Income Statement
Unrealized gains/(losses) on cash    flow hedge derivatives:
Reclassification adjustment for amounts    included in net income		$	—			$	(42	)		Interest Expense
Tax effect			—				12			Income tax expense
Total reclassifications, net of tax		$	—			$	(30	)

The following represents the reclassifications out of accumulated other comprehensive income/(loss) for the six months ended June 30, 2024 and 2023:

		Six Months Ended
		June 30,
(In thousands)		2024				2023				Affected Line Item in Income
Unrealized gains/(losses) on cash    flow hedge derivatives:
Reclassification adjustment for amounts    included in net income		$	—			$	(84	)		Interest Expense
Tax effect			—				24			Income tax expense
Total reclassifications, net of tax		$	—			$	(60	)

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Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481694/830-30-45-20

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