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ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
3 Months Ended
Mar. 31, 2026
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 March 31, 2026 and 2025:

 

 

 

 

 

 

 

 

 

Amount

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

Reclassified

 

 

Comprehensive

 

 

 

 

 

 

 

 

 

Other

 

 

From

 

 

Income/(Loss)

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

Accumulated

 

 

Three Months

 

 

 

 

 

 

Balance at

 

 

Income/(Loss)

 

 

Other

 

 

Ended

 

 

Balance at

 

 

 

January 1,

 

 

Before

 

 

Comprehensive

 

 

March 31,

 

 

March 31,

 

(In thousands)

 

2026

 

 

Reclassifications

 

 

Income/(Loss)

 

 

2026

 

 

2026

 

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

 

$

(49,319

)

 

$

(2,586

)

 

$

59

 

 

$

(2,527

)

 

$

(51,846

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain/(loss) on cash flow hedges

 

 

1,758

 

 

 

459

 

 

 

 

 

 

459

 

 

 

2,217

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

(47,561

)

 

$

(2,127

)

 

$

59

 

 

$

(2,068

)

 

$

(49,629

)

 

 

 

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

 

 

 

 

 

 

 

Other

 

 

Income/(Loss)

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

Three Months

 

 

 

 

 

 

Balance at

 

 

Income/(Loss)

 

 

Ended

 

 

Balance at

 

 

 

January 1,

 

 

Before

 

 

March 31,

 

 

March 31,

 

(In thousands)

 

2025

 

 

Reclassifications

 

 

2025

 

 

2025

 

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

 

$

(72,148

)

 

$

10,623

 

 

$

10,623

 

 

$

(61,525

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain/(loss) on cash flow hedges

 

 

5,737

 

 

 

(1,929

)

 

 

(1,929

)

 

 

3,808

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

(66,411

)

 

$

8,694

 

 

$

8,694

 

 

$

(57,717

)

 

The following represents the reclassifications out of accumulated other comprehensive income/(loss) for the three months ended March 31, 2026 and 2025:

 

 

 

Three Months Ended

 

 

 

 

 

March 31,

 

 

 

(In thousands)

 

2026

 

 

2025

 

 

Affected Line Item in Income

Unrealized gains/(losses) on securities
   available for sale:

 

 

 

 

 

 

 

 

Reclassification adjustment for amounts
   included in net income

 

$

81

 

 

$

 

 

Securities losses, net

Tax effect

 

 

(22

)

 

 

 

 

Income tax expense

Total reclassifications, net of tax

 

$

59

 

 

$