DERIVATIVES AND HEDGING ACTIVITIES (Tables)

6 Months Ended

Jun. 30, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments on Statements of Financial Condition

The tables below present the outstanding notional balances and the fair value of the Company’s derivative positions as of June 30, 2026 and December 31, 2025.


	June 30, 2026				December 31, 2025
(In thousands)	Notional Amount		Fair Value (Other Assets)		Notional Amount		Fair Value (Other Assets)
Derivatives designated as hedging instruments:
Cash flow hedges - interest rate products	$	590,000	$	1,068	$	465,000	$	1,754

	June 30, 2026				December 31, 2025
(In thousands)	Notional Amount		Fair Value (Other Liabilities)		Notional Amount		Fair Value (Other Liabilities)
Derivatives designated as hedging instruments:
Cash flow hedges - interest rate products	$	225,000	$	749	$	—	$	—

Schedule of Derivative Instruments on Statements of Operations

The table below presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations for the three and six months ended June 30, 2026 and 2025. There were no fair value hedges during the three and six months ended June 30, 2025.


	Three months ended				Six months ended
	June 30, 2026				June 30, 2026
(In thousands)	Interest Income		Interest Expense		Interest Income		Interest Expense
Gain or (loss) on derivatives designated as hedging relationships:
Gain (loss) on cash flow hedging relationships:
Amount reclassified from accumulated OCI into income	$	(266)	$	—	$	(309)	$	—

Gain (loss) on fair value hedging relationships:
Amount reclassified from accumulated OCI into income	(21)		—		(21)		—
Amount reclassified from accumulated OCI into income for unrealized holding losses on available for sale securities	(203)		—		—		—
Fair value hedges - available for sale securities	203		—		—		—

	Three months ended				Six months ended
	June 30, 2025				June 30, 2025
(In thousands)	Interest Income		Interest Expense		Interest Income		Interest Expense
Gain or (loss) on derivatives designated as hedging relationships:
Gain or (loss) on cash flow hedging relationships:
Amount reclassified from accumulated OCI into income	$	106	$	—	$	221	$	—

Schedule of Derivative Instruments Effect on Accumulated Other Comprehensive Income (Loss)

The table below presents the effect of the Company's derivative financial instruments on accumulated other comprehensive income (loss) for the periods indicated:


	Three months ended				Six months ended
	June 30,				June 30,
(In thousands)	2026		2025		2026		2025
Gain (loss) recognized in other comprehensive income (loss) on cash flow hedges	$	(2,019)	$	(35)	$	(2,623)	$	177
Gain (loss) reclassified from accumulated other comprehensive income into interest income from cash flow and fair value hedges	(287)		106		(330)		221
Unrealized gain on available for sale securities reclassified from accumulated other comprehensive income into interest income from fair value hedges	203		—		—		—