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ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables) | 6 Months Ended
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Jun. 30, 2025
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, 2025 and 2024:
|  |  |  |  |  |  |  | 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) |  | 2025 |  |  | Reclassifications |  |  | Income/(Loss) |  |  | 2025 |  |  | 2025 |
Net unrealized holding gain/(loss) on securities available for sale, net of tax |  | $ | (61,525 | ) |  | $ | 3,323 |  |  | $ | (5 | ) |  | $ | 3,318 |  |  | $ | (58,207 | )
Gain/(loss) on cash flow hedges |  |  | 3,808 |  |  |  | (1,182 | ) |  |  | — |  |  |  | (1,182 | ) |  |  | 2,626 |
Accumulated other comprehensive gain/(loss), net of tax |  | $ | (57,717 | ) |  | $ | 2,141 |  |  | $ | (5 | ) |  | $ | 2,136 |  |  | $ | (55,581 | )
|  |  |  |  |  |  |  | Other |  |  |  |
|  |  |  |  |  |  |  | Comprehensive |  |  |  |
|  |  |  |  | Other |  |  | Income/(Loss) |  |  |  |
|  |  |  |  | Comprehensive |  |  | Three Months |  |  |  |
|  | Balance at |  |  | Income/(Loss) |  |  | Ended |  |  | Balance at |
|  | April 1, |  |  | Before |  |  | June 30, |  |  | June 30, |
(In thousands) |  | 2024 |  |  | Reclassifications |  |  | 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 | )
The following is a summary of the accumulated other comprehensive income/(loss) balances, net of tax, for the six months ended June 30, 2025 and 2024:
|  |  |  |  |  |  |  | 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) |  | 2025 |  |  | Reclassifications |  |  | Income/(Loss) |  |  | 2025 |  |  | 2025 |
Net unrealized holding gain/(loss) on securities available for sale, net of tax |  | $ | (72,148 | ) |  | $ | 13,946 |  |  | $ | (5 | ) |  | $ | 13,941 |  |  | $ | (58,207 | )
Gain/(loss) on cash flow hedges |  |  | 5,737 |  |  |  | (3,111 | ) |  |  | — |  |  |  | (3,111 | ) |  |  | 2,626 |
Accumulated other comprehensive gain/(loss), net of tax |  | $ | (66,411 | ) |  | $ | 10,835 |  |  | $ | (5 | ) |  | $ | 10,830 |  |  | $ | (55,581 | )
|  |  |  |  |  |  |  | Other |  |  |  |
|  |  |  |  |  |  |  | Comprehensive |  |  |  |
|  |  |  |  | Other |  |  | Income/(Loss) |  |  |  |
|  |  |  |  | Comprehensive |  |  | Six Months |  |  |  |
|  | Balance at |  |  | Income/(Loss) |  |  | Ended |  |  | Balance at |
|  | January 1, |  |  | Before |  |  | June 30, |  |  | June 30, |
(In thousands) |  | 2024 |  |  | Reclassifications |  |  | 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 | )
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, 2025 and 2024:
|  | Three Months Ended |  |  |
|  | June 30, |  |  |
(In thousands) |  | 2025 |  |  | 2024 |  |  | Affected Line Item in Income Statement
Unrealized gains/(losses) on securities available for sale: |  |  |  |  |  |  |  |
Reclassification adjustment for amounts included in net income |  | $ | (7 | ) |  | $ | — |  |  | Securities gains, net
Tax effect |  |  | 2 |  |  |  | — |  |  | Income tax expense
Total reclassifications, net of tax |  | $ | (5 | ) |  | $ | — |  |  |
The following represents the reclassifications out of accumulated other comprehensive income/(loss) for the six months ended June 30, 2025 and 2024:
|  | Six Months Ended |  |  |
|  | June 30, |  |  |
(In thousands) |  | 2025 |  |  | 2024 |  |  | Affected Line Item in Income
Unrealized gains/(losses) on securities available for sale: |  |  |  |  |  |  |  |
Reclassification adjustment for amounts included in net income |  | $ | (7 | ) |  | $ | — |  |  | Securities gains, net
Tax effect |  |  | 2 |  |  |  | — |  |  | Income tax expense
Total reclassifications, net of tax |  | $ | (5 | ) |  | $ | — |  |  |

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