Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2022

Accumulated Other Comprehensive Income

Schedule of amounts in accumulated other comprehensive income (loss) to be recognized over next fiscal year

	2022		2021
	(In Thousands)
Net unrealized gain (loss) on available-for-sale securities	$	(62,622)	$	11,834
Net unrealized gain on held-to-maturity securities		118		—
Net unrealized gain (loss) on active derivatives used for cash flow hedges		(31,277)		—
Net unrealized gain on terminated derivatives used for cash flow hedges		22,478		30,601
		(71,303)		42,435
Tax effect		17,948		(9,676)
Net-of-tax amount	$	(53,355)	$	32,759

Schedule of amounts reclassified from accumulated other comprehensive income

	Amounts Reclassified
	from AOCI						Affected Line Item in the
	2022		2021		2020		Statements of Income
	(In Thousands)
Unrealized gains/(losses) on available-for-sale securities	$	(130)	$	—	$	78	Net realized gains (losses) on available-for-sale securities (total reclassified amount before tax)
Change in fair value of cash flow hedge		8,123		8,123		6,764	Amortization of realized gain on termination of cash flow hedge (total reclassification amount before tax)
Income taxes		(1,820)		(1,852)		(1,559)	Tax (expense) benefit
Total reclassifications out of AOCI	$	6,173	$	6,271	$	5,283