| Schedule of Accumulated Other Comprehensive Loss |
A summary of changes in AOCL follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Unrealized Losses on Securities AFS | | Unrealized
Losses on
Securities
Transferred
to Securities
HTM (1) | | Dispropor-
tionate
Tax Effects
from
Securities
AFS | | Unrealized Gains (Losses) on Derivative Instruments | | Total | | (In thousands) | | For the three months ended June 30, | | | | | | | | | | | 2025 | | | | | | | | | | | Balances at beginning of period | $ | (47,780) | | | $ | (12,138) | | | $ | (5,798) | | | $ | (1,367) | | | $ | (67,083) | | | Other comprehensive income (loss) before reclassifications | (4,028) | | | 649 | | | — | | | 181 | | | (3,198) | | Amounts reclassified from AOCL | (8) | | | — | | | — | | | 402 | | | 394 | | | Net current period other comprehensive income (loss) | (4,036) | | | 649 | | | — | | | 583 | | | (2,804) | | | Balances at end of period | $ | (51,816) | | | $ | (11,489) | | | $ | (5,798) | | | $ | (784) | | | $ | (69,887) | | | | | | | | | | | | | 2024 | | | | | | | | | | | Balances at beginning of period | $ | (49,697) | | | $ | (14,760) | | | $ | (5,798) | | | $ | (1,374) | | | $ | (71,629) | | | Other comprehensive income (loss) before reclassifications | 215 | | | 676 | | | — | | | (366) | | | 525 | | Amounts reclassified from AOCL | — | | | — | | | — | | | 276 | | | 276 | | | Net current period other comprehensive income (loss) | 215 | | | 676 | | | — | | | (90) | | | 801 | | | Balances at end of period | $ | (49,482) | | | $ | (14,084) | | | $ | (5,798) | | | $ | (1,464) | | | $ | (70,828) | | | | | | | | | | | | | For the six months ended June 30, | | | | | | | | | | | 2025 | | | | | | | | | | | Balances at beginning of period | $ | (49,301) | | | $ | (12,775) | | | $ | (5,798) | | | $ | (2,070) | | | $ | (69,944) | | Other comprehensive income (loss) before reclassifications | (2,768) | | | 1,286 | | | — | | | 549 | | | (933) | | Amounts reclassified from AOCL | 253 | | | — | | | — | | | 737 | | | 990 | | Net current period other comprehensive income (loss) | (2,515) | | | 1,286 | | | — | | | 1,286 | | | 57 | | | Balances at end of period | $ | (51,816) | | | $ | (11,489) | | | $ | (5,798) | | | $ | (784) | | | $ | (69,887) | | | | | | | | | | | | | 2024 | | | | | | | | | | | Balances at beginning of period | $ | (51,113) | | | $ | (15,408) | | | $ | (5,798) | | | $ | 177 | | | $ | (72,142) | | Other comprehensive income (loss) before reclassifications | 1,418 | | | 1,324 | | | — | | | (2,127) | | | 615 | | Amounts reclassified from AOCL | 213 | | | — | | | — | | | 486 | | | 699 | | Net current period other comprehensive income (loss) | 1,631 | | | 1,324 | | | — | | | (1,641) | | | 1,314 | | | Balances at end of period | $ | (49,482) | | | $ | (14,084) | | | $ | (5,798) | | | $ | (1,464) | | | $ | (70,828) | |
(1)Represents the remaining unrealized loss to be accreted on securities that were transferred from AFS to HTM on April 1, 2022.
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| Reclassifications Out of Each Component of AOCL |
A summary of reclassifications out of each component of AOCL for the three months ended June 30 follows: | | | | | | | | | | | | | | | AOCL Component | | Amount Reclassified From AOCL | | Affected Line Item in Interim Condensed Consolidated Statements of Operations | | | (In thousands) | | | | 2025 | | | | | Unrealized losses on securities available for sale | | | | | | | $ | 11 | | | Net gains on securities available for sale | | | 3 | | | Income tax expense | | | $ | 8 | | | Reclassifications, net of tax | | | | | | Unrealized gains (losses) on derivative instruments | | | | | | | $ | 507 | | | Interest income | | | 2 | | | Interest expense | | | 509 | | | | | | 107 | | | Income tax expense | | | $ | 402 | | | Reclassifications, net of tax | | | | | | | | $ | (394) | | | Total reclassifications for the period, net of tax | | | | | | | 2024 | | | | | Unrealized losses on securities available for sale | | | | | | | $ | — | | | Net losses on securities available for sale | | | — | | | Income tax expense | | | $ | — | | | Reclassifications, net of tax | | | | | | Unrealized gains (losses) on derivative instruments | | | | | | | $ | 349 | | | Interest income | | | 73 | | | Income tax expense | | | $ | 276 | | | Reclassifications, net of tax | | | | | | | | $ | (276) | | | Total reclassifications for the period, net of tax |
A summary of reclassifications out of each component of AOCL for the six months ended June 30 follows: | | | | | | | | | | | | | | | AOCL Component | | Amount Reclassified From AOCL | | Affected Line Item in Interim Condensed Consolidated Statements of Operations | | | (In thousands) | | | | 2025 | | | | | Unrealized losses on securities available for sale | | | | | | | $ | (319) | | | Net losses on securities available for sale | | | (66) | | | Income tax expense | | | $ | (253) | | | Reclassifications, net of tax | | | | | | Unrealized gains (losses) on derivative instruments | | | | | | | $ | 929 | | | Interest income | | | 4 | | | Interest expense | | | 933 | | | | | | 196 | | | Income tax expense | | | $ | 737 | | | Reclassifications, net of tax | | | | | | | | $ | (990) | | | Total reclassifications for the period, net of tax | | | | | | | 2024 | | | | | Unrealized losses on securities available for sale | | | | | | | $ | (269) | | | Net losses on securities available for sale | | | (56) | | | Income tax expense | | | $ | (213) | | | Reclassifications, net of tax | | | | | | Unrealized gains (losses) on derivative instruments | | | | | | | $ | 615 | | | Interest income | | | 129 | | | Income tax expense | | | $ | 486 | | | Reclassifications, net of tax | | | | | | | | $ | (699) | | | Total reclassifications for the period, net of tax |
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