ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table summarizes the changes within each classification of AOCI, net of tax: | | | | | | | | | | | | | | | | | | (dollars in thousands) | Unrealized gains and losses on investment securities available for sale | | Unrealized gains and losses on cash flow hedges | | Total | Changes in AOCI for the three months ended March 31, 2025 | Balance, beginning of period | $ | (79,021) | | | $ | (2,939) | | | $ | (81,960) | | Other comprehensive income before reclassifications | 8,354 | | | 650 | | | 9,004 | | Amounts reclassified from AOCI to income(1) | — | | | 617 | | | 617 | | Balance, end of period | $ | (70,667) | | | $ | (1,672) | | | $ | (72,339) | | Changes in AOCI for the three months ended March 31, 2024 | Balance, beginning of period | $ | (71,556) | | | $ | (5,197) | | | $ | (76,753) | | Other comprehensive loss before reclassifications | (4,451) | | | (1,202) | | | (5,653) | | Amounts reclassified from AOCI to income(1) | — | | | 987 | | | 987 | | Balance, end of period | $ | (76,007) | | | $ | (5,412) | | | $ | (81,419) | | | | | | | | | | | | | | | | | | | | | | | | | | |
(1)See table below for details about reclassifications to income. The following table summarizes the significant amounts reclassified out of each component of AOCI: | | | | | | | | | | | | | | | | Three Months Ended March 31, | | (dollars in thousands) | 2025 | | 2024 | | Details about AOCI components | Amounts reclassified from AOCI | Affected line item in the statement of income | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gains and losses on cash flow hedges | (837) | | | (1,352) | | Interest income (expense) | | | | | | | 220 | | | 365 | | Income tax (expense) benefit | | $ | (617) | | | $ | (987) | | Net income |
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