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ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

6 Months Ended

Jun. 30, 2025

Stockholders' Equity Note [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

11. ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

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 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 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	)

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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- 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

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- References

No definition available.

+ Details

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