v3.25.2
ACCUMULATED OTHER COMPREHENSIVE LOSS
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS
NOTE 5 – ACCUMULATED OTHER COMPREHENSIVE LOSS

Accumulated other comprehensive loss for the Company consists of changes in net unrealized gains and losses on debt securities available-for-sale. The reclassification for gains (losses) on sale of securities included in net income is recorded in net gain on securities in the consolidated statement of income and comprehensive income.

The following table presents a summary of the accumulated other comprehensive loss balances, net of tax, for the periods indicated:

(dollars in thousands)Accumulated
Other Comprehensive
Loss
Three Months Ended June 30, 2025
Balance, March 31, 2025$(14,430)
Unrealized gain on debt securities available-for-sale, net of tax7,544 
Balance, June 30, 2025$(6,886)
Three Months Ended June 30, 2024
Balance, March 31, 2024$(39,959)
Unrealized gain on debt securities available-for-sale, net of tax1,939 
Balance, June 30, 2024$(38,020)
Six Months Ended June 30, 2025
Balance, December 31, 2024$(30,119)
Unrealized gain on debt securities available-for-sale, net of tax23,233 
Balance, June 30, 2025$(6,886)
Six Months Ended June 30, 2024
Balance, December 31, 2023$(35,939)
Unrealized loss on debt securities available-for-sale, net of tax(2,081)
Balance, June 30, 2024$(38,020)