v3.25.1
Note 20 - Other Comprehensive Income (Loss) - Schedule of Comprehensive Income (Loss) (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Change in fair value, pre-tax amount $ 14,227 $ (3,443)
Change in fair value, tax expense (benefit) (3,571) 864
Change in fair value, after-tax amount 10,656 (2,579)
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1), pre-tax amount [1] 53 74
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1), tax expense (benefit) [1] (13) (18)
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1), after-tax amount [1] 40 56
Less: reclassification adjustment for net realized losses (2), pre-tax amount [2] 0 0
Less: reclassification adjustment for net realized losses (2), tax expense (benefit) [2] 0 0
Less: reclassification adjustment for net realized losses (2), after-tax amount [2] 0 0
Net change, pre-tax amount 14,174 (3,517)
Net change, tax expense (benefit) (3,558) 882
Net change, after-tax amount 10,616 (2,635)
Change in fair value, pre-tax amount (463) 946
Change in fair value, tax expense (benefit) 117 (576)
Change in fair value, after-tax amount (346) 370
Less: reclassified AOCI gain (loss) into interest expense (3), pre-tax amount [3] (22) 262
Less: reclassified AOCI gain (loss) into interest expense (3), tax expense (benefit) [3] 6 (66)
Less: reclassified AOCI gain (loss) into interest expense (3), after-tax amount [3] (16) 196
Net change, pre-tax amount (441) 684
Net change, tax expense (benefit) 111 (510)
Net change, after-tax amount (330) 174
Change in fair value, pre-tax amount (232) 2,031
Change in fair value, tax expense (benefit) 58 (171)
Change in fair value, after-tax amount (174) 1,860
Less: reclassified AOCI gain (loss) into interest expense (4), pre-tax amount [4] 0 0
Less: reclassified AOCI gain (loss) into interest expense (4), tax expense (benefit) [4] 0 0
Less: reclassified AOCI gain (loss) into interest expense (4), after-tax amount [4] 0 0
Net change, pre-tax amount (232) 2,031
Net change, tax expense (benefit) 58 (171)
Net change, after-tax amount (174) 1,860
Total other comprehensive income (loss), before tax 13,501 (802)
Other comprehensive income (loss), tax expense (benefit) (3,389) 201
Other comprehensive income (loss), net of tax $ 10,112 $ (601)
[1] Reclassified into taxable and/or exempt from federal income taxes interest income on investment securities on the consolidated statements of income. Refer to “NOTE 5 Investment Securities” for further details.
[2] Reclassified into net gains (losses) on investment securities in the consolidated statements of income. Refer to “NOTE 5 Investment Securities” for further details.
[3] Reclassified into interest expense on short-term borrowings on the consolidated statements of income. Refer to “NOTE 25 Derivative Instruments” for further details.
[4] Reclassified into interest income on loans, including fees and/or interest income on taxable investment securities on the consolidated statements of income. Refer to “NOTE 25 Derivative Instruments” for further details.