ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

9 Months Ended

Sep. 30, 2023

ACCUMULATED OTHER COMPREHENSIVE LOSS [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

Changes in Accumulated Other Comprehensive Loss by Component

(1)

Quarter ended September 30, 

Nine-Month Period Ended September 30, 

2023

2022

2023

2022

(In thousands)

Unrealized net holding losses on available-for-sale debt securities:

Beginning balance

$

(773,581)

$

(595,147)

$

(805,972)

$

(87,390)

 Other comprehensive loss

(2)

(78,976)

(270,937)

(46,585)

(778,694)

Ending balance

$

(852,557)

$

(866,084)

$

(852,557)

$

(866,084)

Adjustment of pension and postretirement benefit plans:

Beginning balance

$

1,194

$

3,391

$

1,194

$

3,391

 Other comprehensive (loss) income

-

-

-

-

Ending balance

$

1,194

$

3,391

$

1,194

$

3,391

____________________

(1)

All amounts presented are net of tax.

(2)

Net unrealized holding losses on available-for-sale debt securities have no tax effect because securities are either tax-exempt, held by an IBE, or have a full deferred tax asset valuation allowance.