Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
Net Income | $ 12,215 | $ 14,159 | $ 26,126 | $ 19,907 |
Other comprehensive income | 6,157 | 184 | 18,055 | 1,975 |
Comprehensive income | 18,372 | 14,343 | 44,181 | 21,882 |
AOCI Attributable to Parent | ||||
Change in fair value of investment securities available for sale, net of tax of $250, $(355), $2,881, and $(2,262) respectively | 885 | (1,250) | 9,822 | (7,161) |
Amortization of net unrealized gain for the reclassification of investment securities available for sale to held to maturity, net of tax of $(21), $(18), $(41), and $(35) respectively | (73) | (62) | (143) | (126) |
Reclassification adjustment for net loss from sale of investment securities available for sale included in income, net of tax benefit of $1,509, $425, $2,365, and $2,632 respectively | 5,345 | 1,496 | 8,376 | 9,262 |
Other comprehensive income | $ 6,157 | $ 184 | $ 18,055 | $ 1,975 |
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after tax, of adjustment from accumulated other comprehensive income (loss) for amortization of gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale) from transfer to investment in debt security measured at amortized cost (held-to-maturity). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after tax and before adjustment, of unrealized holding gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Excludes unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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