| Other Comprehensive Income (Loss) |
Note 10 – Other Comprehensive Income (Loss) U.S. GAAP generally requires that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities are reported as a separate component of the shareholders' equity section of the consolidated balance sheets, such items, along with net income, are components of comprehensive income (loss). The components of other comprehensive income (loss) and related tax effects are as follows for the periods indicated: | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended | | | September 30, 2026 | | September 30, 2025 | | | | (In thousands) | | | | | | | | | | | | | | | | | | | | | | Pre-Tax | | Tax | | After-Tax | | Pre-Tax | | Tax | | After-Tax | | | Amount | | Benefit | | Amount | | Amount | | Expense | | Amount | | | | | | | | | | | | | | | | | | | | Change in fair value of available-for-sale securities | | $ | (5,109) | | $ | 1,257 | | $ | (3,852) | | $ | 2,379 | | $ | (599) | | $ | 1,780 | Net change in fair value of available-for-sale securities | | | (5,109) | | | 1,257 | | | (3,852) | | | 2,379 | | | (599) | | | 1,780 | | | | | | | | | | | | | | | | | | | | Change in fair value of cash flow hedges | | | (4,742) | | | 1,186 | | | (3,556) | | | 1,653 | | | (413) | | | 1,240 | Change in fair value of cash flow hedge, net of tax | | | (4,742) | | | 1,186 | | | (3,556) | | | 1,653 | | | (413) | | | 1,240 | | | | | | | | | | | | | | | | | | | | Total other comprehensive income (loss) | | $ | (9,851) | | $ | 2,443 | | $ | (7,408) | | $ | 4,032 | | $ | (1,012) | | $ | 3,020 |
| | | | | | | | | | | | | | | | | | | | | For the Nine Months Ended | | | September 30, 2026 | | September 30, 2025 | | | | (In thousands) | | | | | | | | | | | | | | | | | | | | | Pre-Tax | | Tax | | After-Tax | | Pre-Tax | | Tax | | After-Tax | | | Amount | | Benefit | | Amount | | Amount | | Expense | | Amount | | | | | | | | | | | | | | | | | | | | Change in fair value of available-for-sale securities | | $ | (6,970) | | $ | 1,751 | | $ | (5,219) | | $ | 5,077 | | $ | (1,272) | | $ | 3,805 | Net change in fair value of available-for-sale securities | | | (6,970) | | | 1,751 | | | (5,219) | | | 5,077 | | | (1,272) | | | 3,805 | | | | | | | | | | | | | | | | | | | | Change in fair value of cash flow hedge | | | (9,354) | | | 2,339 | | | (7,015) | | | 1,653 | | | (413) | | | 1,240 | Net change in fair value of cash flow hedge, net of tax | | | (9,354) | | | 2,339 | | | (7,015) | | | 1,653 | | | (413) | | | 1,240 | | | | | | | | | | | | | | | | | | | | Total other comprehensive income (loss) | | $ | (16,324) | | $ | 4,090 | | $ | (12,234) | | $ | 6,730 | | $ | (1,685) | | $ | 5,045 |
The following table presents the components of accumulated other comprehensive loss as of September 30, 2026 and December 31, 2025: | | | | | | | | | As of | | | September 30, 2026 | | December 31, 2025 | | | | (In thousands) | | | | | | | | Net unrealized holding losses on available-for-sale securities, net of tax | | $ | (7,856) | | $ | (2,637) | Net unrealized (loss) gain on cash flow hedge, net of tax | | | (6,051) | | | 964 | Unrecognized director pension plan benefits, net of tax | | | (1,463) | | | (1,463) | Total accumulated other comprehensive loss | | $ | (15,370) | | $ | (3,136) |
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