ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) |
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the three months ended June 30, 2025 and 2024, all shown net of tax: | | | | | | | | | | | | | | | | | | | | | (dollars in thousands) | | Unrealized Gains and Losses on Available- for-Sales Securities | | Defined Benefit Pension Items | | Total | Balance at April 1, 2025 | | $ | (163,321) | | | $ | (558) | | | $ | (163,879) | | Other comprehensive income (loss) before reclassification | | 2,361 | | | 0 | | | 2,361 | | Amounts reclassified from accumulated other comprehensive income (loss) | | 387 | | | 10 | | | 397 | | Net current period other comprehensive income (loss) | | 2,748 | | | 10 | | | 2,758 | | Balance at June 30, 2025 | | $ | (160,573) | | | $ | (548) | | | $ | (161,121) | |
| | | | | | | | | | | | | | | | | | | | | (dollars in thousands) | | Unrealized Gains and Losses on Available- for-Sales Securities | | Defined Benefit Pension Items | | Total | Balance at April 1, 2024 | | $ | (166,189) | | | $ | (724) | | | $ | (166,913) | | Other comprehensive income (loss) before reclassification | | (3,943) | | | 0 | | | (3,943) | | Amounts reclassified from accumulated other comprehensive income (loss) | | 386 | | | 12 | | | 398 | | Net current period other comprehensive income (loss) | | (3,557) | | | 12 | | | (3,545) | | Balance at June 30, 2024 | | $ | (169,746) | | | $ | (712) | | | $ | (170,458) | |
The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the six months ended June 30, 2025 and 2024, all shown net of tax: | | | | | | | | | | | | | | | | | | | | | (dollars in thousands) | | Unrealized Gains and Losses on Available- for-Sales Securities | | Defined Benefit Pension Items | | Total | Balance at January 1, 2025 | | $ | (165,932) | | | $ | (568) | | | $ | (166,500) | | Other comprehensive income (loss) before reclassification | | 4,585 | | | 0 | | | 4,585 | | Amounts reclassified from accumulated other comprehensive income (loss) | | 774 | | | 20 | | | 794 | | Net current period other comprehensive income (loss) | | 5,359 | | | 20 | | | 5,379 | | Balance at June 30, 2025 | | $ | (160,573) | | | $ | (548) | | | $ | (161,121) | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | (dollars in thousands) | | Unrealized Gains and Losses on Available- for-Sales Securities | | Defined Benefit Pension Items | | Total | Balance at January 1, 2024 | | $ | (154,460) | | | $ | (735) | | | $ | (155,195) | | Other comprehensive income (loss) before reclassification | | (16,100) | | | 0 | | | (16,100) | | Amounts reclassified from accumulated other comprehensive income (loss) | | 814 | | | 23 | | | 837 | | Net current period other comprehensive income (loss) | | (15,286) | | | 23 | | | (15,263) | | Balance at June 30, 2024 | | $ | (169,746) | | | $ | (712) | | | $ | (170,458) | |
Reclassifications out of other accumulated other comprehensive income (loss) for the three months ended June 30, 2025 are as follows: | | | | | | | | | | | | | | | Details about Accumulated Other Comprehensive Income (Loss) Components | | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | | Affected Line Item in the Statement Where Net Income is Presented | | | | | | (dollars in thousands) | | | | | Amortization of unrealized losses on held-to-maturity securities | | $ | (489) | | | Interest income | | | | | | Tax effect | | 102 | | | Income tax expense | | | (387) | | | Net of tax | Amortization of defined benefit pension items | | (13) | | | Other expense | Tax effect | | 3 | | | Income tax expense | | | (10) | | | Net of tax | Total reclassifications for the period | | $ | (397) | | | Net income |
Reclassifications out of other accumulated comprehensive income (loss) for the three months ended June 30, 2024 are as follows: | | | | | | | | | | | | | | | Details about Accumulated Other Comprehensive Income (Loss) Components | | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | | Affected Line Item in the Statement Where Net Income is Presented | | | | | | (dollars in thousands) | | | | | Amortization of unrealized losses on held-to-maturity securities | | $ | (489) | | | Interest income | | | | | | Tax effect | | 103 | | | Income tax expense | | | (386) | | | Net of tax | Amortization of defined benefit pension items | | (16) | | | Other expense | Tax effect | | 4 | | | Income tax expense | | | (12) | | | Net of tax | Total reclassifications for the period | | $ | (398) | | | Net income |
Reclassifications out of accumulated comprehensive income (loss) for the six months ended June 30, 2025 are as follows: | | | | | | | | | | | | | | | Details about Accumulated Other Comprehensive Income (Loss) Components | | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | | Affected Line Item in the Statement Where Net Income is Presented | | | | | | (dollars in thousands) | | | | | | | | | | | | | | | | | | | | Amortization of unrealized losses on held-to-maturity securities | | $ | (979) | | | Interest income | | | | | | Tax effect | | 205 | | | Income tax expense | | | (774) | | | Net of tax | Amortization of defined benefit pension items | | (26) | | | Other expense | Tax effect | | 6 | | | Income tax expense | | | (20) | | | Net of tax | Total reclassifications for the period | | $ | (794) | | | Net income |
Reclassifications out of accumulated other comprehensive income (loss) for the six months ended June 30, 2024 are as follows: | | | | | | | | | | | | | | | Details about Accumulated Other Comprehensive Income (Loss) Components | | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | | Affected Line Item in the Statement Where Net Income is Presented | | | | | | (dollars in thousands) | | | | | | | | | | | | | | | | | | | | Amortization of unrealized losses on held-to-maturity securities | | $ | (985) | | | Interest income | Realized gains and (losses) on available-for-sale securities | | (46) | | | Net securities gains (losses) | Tax effect | | 217 | | | Income tax expense | | | (814) | | | Net of tax | Amortization of defined benefit pension items | | (31) | | | Other expense | Tax effect | | 8 | | | Income tax expense | | | (23) | | | Net of tax | Total reclassifications for the period | | $ | (837) | | | Net income |
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