Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

The table below presents the changes in accumulated other comprehensive (loss) income, net of tax, for the three and six months ended June 30, 2023 and 2022.

	Unrealized Losses on Available-for-Sale Securities		Gains ( Losses) on Cash Flow Hedges		Total
	(In thousands)
Balance March 31, 2022	$	(6,599)	$	4,710	$	(1,889)
Other comprehensive (loss) income before reclassifications	(4,439)		1,514		(2,925)
Net other comprehensive (loss) income	(4,439)		1,514		(2,925)
Balance June 30, 2022	$	(11,038)	$	6,224	$	(4,814)
Balance December 31, 2021	$	(1,004)	$	1,178	$	174
Other comprehensive (loss) income before reclassifications	(10,034)		5,046		(4,988)
Net other comprehensive (loss) income	(10,034)		5,046		(4,988)
Balance June 30, 2022	$	(11,038)	$	6,224	$	(4,814)
Balance March 31, 2023	$	(15,548)	$	7,059	$	(8,489)
Other comprehensive (loss) income before reclassifications	(2,151)		823		(1,328)
Net other comprehensive (loss) income	(2,151)		823		(1,328)
Balance June 30, 2023	$	(17,699)	$	7,882	$	(9,817)
Balance December 31, 2022	$	(15,497)	$	8,283	$	(7,214)
Other comprehensive loss before reclassifications	(2,202)		(401)		(2,603)
Net other comprehensive loss	(2,202)		(401)		(2,603)
Balance June 30, 2023	$	(17,699)	$	7,882	$	(9,817)