Comprehensive income represents the sum of net income and items of other comprehensive income or loss, including net unrealized gains or losses on securities available for sale and net unrealized gains or losses on derivatives. The Company's derivative instruments are utilized to manage economic risks, including interest rate risk. Changes in fair value of the Company's cash flow swap derivatives are primarily driven by changes in interest rates and recognized in other comprehensive income. The Company’s total comprehensive income or loss for the three and six months ended June 30, 2025 and June 30, 2024 is reported in the Consolidated Statements of Comprehensive Income.

The following tables present the changes in accumulated other comprehensive (loss) income by component, net of tax for the three and six months ended June 30, 2025 and June 30, 2024:


	Net Unrealized Gain (Loss) on Available for Sale Securities		Net Unrealized Gain (Loss) on Interest Rate Swaps		Total
	(In thousands)
Balance at March 31, 2025	$	(2,916)	$	1,720	$	(1,196)
Other comprehensive income (loss) before reclassifications, net of tax	504		(68)		436
Amounts reclassified from accumulated other comprehensive (loss), net of tax	—		(143)		(143)
Net other comprehensive income (loss)	504		(211)		293
Balance at June 30, 2025	$	(2,412)	$	1,509	$	(903)


	Net Unrealized Gain (Loss) on Available for Sale Securities		Net Unrealized Gain (Loss) on Interest Rate Swaps		Total
	(In thousands)
Balance at March 31, 2024	$	(5,926)	$	4,207	$	(1,719)
Other comprehensive income before reclassifications, net of tax	304		420		724
Amounts reclassified from accumulated other comprehensive (loss), net of tax	—		(961)		(961)
Net other comprehensive income (loss)	304		(541)		(237)
Balance at June 30, 2024	$	(5,622)	$	3,666	$	(1,956)


	Net Unrealized Gain (Loss) on Available for Sale Securities		Net Unrealized Gain (Loss) on Interest Rate Swaps		Total
	(In thousands)
Balance at December 31, 2024	$	(3,832)	$	2,588	$	(1,244)
Other comprehensive income (loss) before reclassifications, net of tax	1,420		(469)		951
Amounts reclassified from accumulated other comprehensive (loss), net of tax	—		(610)		(610)
Net other comprehensive income (loss)	1,420		(1,079)		341
Balance at June 30, 2025	$	(2,412)	$	1,509	$	(903)


	Net Unrealized Gain (Loss) on Available for Sale Securities		Net Unrealized Gain (Loss) on Interest Rate Swaps		Total
	(In thousands)
Balance at December 31, 2023	$	(5,810)	$	4,146	$	(1,664)
Other comprehensive income before reclassifications, net of tax	188		1,695		1,883
Amounts reclassified from accumulated other comprehensive (loss), net of tax	—		(2,175)		(2,175)
Net other comprehensive income (loss)	188		(480)		(292)
Balance at June 30, 2024	$	(5,622)	$	3,666	$	(1,956)


Accumulated Other Comprehensive Income Components	Three Months Ended June 30,				Six Months Ended June 30,				Associated Line Item in the Consolidated Statements of Income
	2025		2024		2025		2024
	(In thousands)




Derivatives:
Unrealized gains on derivatives	$	187	$	1,257	$	799	$	2,514	Interest expense on borrowings
Tax expense	(44)		(296)		(189)		(339)		Income tax expense
Net of tax	$	143	$	961	$	610	$	2,175