Equity (Tables)

6 Months Ended

Jun. 30, 2025

Schedule of Changes in Accumulated Other Comprehensive Income (Loss) by Component

The following tables provides a summary of changes to accumulated other comprehensive income (loss) by component for three and six months ended June 30, 2025 and 2024.

Table 20.1 – Changes in Accumulated Other Comprehensive Income (Loss) by Component


	Three Months Ended June 30, 2025						Three Months Ended June 30, 2024
(In Thousands)	AFS Securities		Interest Rate Agreements Accounted for as Cash Flow Hedges		Total		AFS Securities		Interest Rate Agreements Accounted for as Cash Flow Hedges		Total
Balance at beginning of period	$	23,680	$	(63,020)	$	(39,340)	$	18,246	$	(67,147)	$	(48,901)
Other comprehensive (loss) income before reclassifications	538		—		538		1,054		—		1,054
Amounts reclassified from other accumulated comprehensive income (loss)	(1,284)		1,029		(255)		(514)		1,029		515
Net current-period other comprehensive (loss) income	(746)		1,029		283		540		1,029		1,569
Balance at End of Period	$	22,934	$	(61,991)	$	(39,057)	$	18,786	$	(66,118)	$	(47,332)


	Six Months Ended June 30, 2025						Six Months Ended June 30, 2024
(In Thousands)	AFS Securities		Interest Rate Agreements Accounted for as Cash Flow Hedges		Total		AFS Securities		Interest Rate Agreements Accounted for as Cash Flow Hedges		Total
Balance at beginning of period	$	20,967	$	(64,038)	$	(43,071)	$	10,219	$	(68,176)	$	(57,957)
Other comprehensive income before reclassifications	3,960		—		3,960		9,710		—		9,710
Amounts reclassified from other accumulated comprehensive income (loss)	(1,993)		2,047		54		(1,143)		2,058		915
Net current-period other comprehensive income (loss)	1,967		2,047		4,014		8,567		2,058		10,625
Balance at End of Period	$	22,934	$	(61,991)	$	(39,057)	$	18,786	$	(66,118)	$	(47,332)

Schedule of Reclassifications out of Accumulated Other Comprehensive Income (Loss)

The following tables provide a summary of reclassifications out of Accumulated other comprehensive income (loss) for the three and six months ended June 30, 2025 and 2024.

Table 20.2 – Reclassifications Out of Accumulated Other Comprehensive Income (Loss)


		Amount Reclassified From Accumulated Other Comprehensive Loss
	Affected Line Item in the	Three Months Ended June 30,
(In Thousands)	Income Statement	2025		2024
Net Realized (Gain) Loss on AFS Securities
Decrease in allowance for credit losses on AFS securities	Investment fair value changes, net	$	(15)	$	(514)
(Gain) on sale of AFS securities	Realized gains, net	(1,269)		—
		$	(1,284)	$	(514)
Net Realized Loss on Interest Rate Agreements Designated as Cash Flow Hedges
Amortization of deferred loss	Interest expense	$	1,029	$	1,029
		$	1,029	$	1,029


		Amount Reclassified From Accumulated Other Comprehensive Loss
	Affected Line Item in the	Six Months Ended June 30,
(In Thousands)	Income Statement	2025		2024
Net Realized (Gain) Loss on AFS Securities
(Decrease) increase in allowance for credit losses on AFS securities	Investment fair value changes, net	$	(82)	$	(1,143)
(Gain) on sale of AFS securities	Realized gains, net	(1,911)		—
		$	(1,993)	$	(1,143)
Net Realized Loss on Interest Rate Agreements Designated as Cash Flow Hedges
Amortization of deferred loss	Interest expense	$	2,047	$	2,058
		$	2,047	$	2,058