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ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)
9 Months Ended
Sep. 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 September 30, 2025 and 2024:

 

 

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

 

 

 

 

 

 

 

Other

 

 

Income/(Loss)

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

Three Months

 

 

 

 

 

 

Balance at

 

 

Income/(Loss)

 

 

Ended

 

 

Balance at

 

 

 

July 1,

 

 

Before

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2025

 

 

Reclassifications

 

 

2025

 

 

2025

 

Net unrealized holding gain/(loss) on
   securities available for sale, net of tax

 

$

(58,207

)

 

$

5,637

 

 

$

5,637

 

 

$

(52,570

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain/(loss) on cash flow hedges

 

 

2,626

 

 

 

(537

)

 

 

(537

)

 

 

2,089

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive gain/(loss),
   net of tax

 

$

(55,581

)

 

$

5,100

 

 

$

5,100

 

 

$

(50,481

)

 

 

 

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

 

 

 

 

 

 

 

Other

 

 

Income/(Loss)

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

Three Months

 

 

 

 

 

 

Balance at

 

 

Income/(Loss)

 

 

Ended

 

 

Balance at

 

 

 

July 1,

 

 

Before

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2024

 

 

Reclassifications

 

 

2024

 

 

2024

 

Net unrealized holding gain/(loss) on
   securities available for sale, net of tax

 

$

(75,188

)

 

$

17,574

 

 

$

17,574

 

 

$

(57,614

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain/(loss) on cash flow hedges

 

 

6,846

 

 

 

(4,052

)

 

 

(4,052

)

 

 

2,794

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive gain/(loss),
   net of tax

 

$

(68,342

)

 

$

13,522

 

 

$

13,522

 

 

$

(54,820

)

The following is a summary of the accumulated other comprehensive income/(loss) balances, net of tax, for the nine months ended September 30, 2025 and 2024:

 

 

 

 

 

 

 

 

 

Amount

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

Reclassified

 

 

Comprehensive

 

 

 

 

 

 

 

 

 

Other

 

 

From

 

 

Income/(Loss)

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

Accumulated

 

 

Nine Months

 

 

 

 

 

 

Balance at

 

 

Income/(Loss)

 

 

Other

 

 

Ended

 

 

Balance at

 

 

 

January 1,

 

 

Before

 

 

Comprehensive

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2025

 

 

Reclassifications

 

 

Income/(Loss)

 

 

2025

 

 

2025

 

Net unrealized holding gain/(loss) on
   securities available for sale, net of tax

 

$

(72,148

)

 

$

19,583

 

 

$

(5

)

 

$

19,578

 

 

$

(52,570

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain/(loss) on cash flow hedges

 

 

5,737

 

 

 

(3,648

)

 

 

 

 

 

(3,648

)

 

 

2,089

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive
   gain/(loss), net of tax

 

$

(66,411

)

 

$

15,935

 

 

$

(5

)

 

$

15,930

 

 

$

(50,481

)

 

 

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

 

 

 

 

 

 

 

Other

 

 

Income/(Loss)

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

Nine Months

 

 

 

 

 

 

Balance at

 

 

Income/(Loss)

 

 

Ended

 

 

Balance at

 

 

 

January 1,

 

 

Before

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2024

 

 

Reclassifications

 

 

2024

 

 

2024

 

Net unrealized holding gain/(loss) on
   securities available for sale, net of tax

 

$

(69,809

)

 

$

12,195

 

 

$

12,195

 

 

$

(57,614

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain/(loss) on cash flow hedges

 

 

4,931

 

 

 

(2,137

)

 

 

(2,137

)

 

 

2,794

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive
   gain/(loss), net of tax

 

$

(64,878

)

 

$

10,058

 

 

$

10,058

 

 

$

(54,820

)

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

The following represents the reclassifications out of accumulated other comprehensive income/(loss) for the nine months ended September 30, 2025 and 2024:

 

 

 

Nine Months Ended

 

 

 

 

 

September 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

)

 

$