v3.25.2
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
Statement of Comprehensive Income [Abstract]        
Net income $ 13,534 $ 6,586 $ (372) $ 12,220
Other comprehensive income:        
Change in net unrealized gain (loss) on available-for-sale securities (2,123) 184 (2,024) (2,986)
Change in net unrealized gain (loss) on available-for-sale securities, Income tax benefit (expense) 446 (39) 425 627
Less: reclassification adjustment for net (gain) loss included in net income 0 0 0 0
Less: reclassification adjustment for net (gain) loss included in net income, Income tax benefit (expense) 0 0 0 0
Less: reclassification adjustment for net (gain) loss for fair value hedge (2,118) 1,663 (6,696) 6,986
Less: reclassification adjustment for net (gain) loss for fair value hedge, Income tax benefit (expense) 445 (349) 1,406 (1,467)
Less: net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity 0 0 0 0
Net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity, Income tax benefit (expense) 0 0 0 0
Unrealized gain (loss) on available-for-sale securities, net of tax (3,350) 1,459 (6,889) 3,160
Reclassification of unrealized gain (loss) upon transfer of securities from available-for-sale to held-to-maturity 0 0 0 0
Reclassification of unrealized gain (loss) upon transfer of securities from available-for-sale to held-to-maturity, Income tax benefit (expense) 0 0 0 0
Amortization of net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity 62 56 132 112
Amortization of net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity, Income tax benefit (expense) (13) (12) (28) (24)
Unrealized loss on held to maturity securities, net of tax 49 44 104 88
Change in net unrealized gain (loss) on cash flow hedge (1,580) 1,719 (5,528) 7,805
Change in net unrealized gain (loss) on cash flow hedge, Income tax benefit (expense) 331 (361) 1,161 (1,639)
Less: reclassification adjustment for net (gain) loss on cash flow hedge 0 0 0 0
Less: reclassification adjustment for net (gain) loss on cash flow hedge, Income tax benefit (expense) 0 0 0 0
Less: amortization of net unrealized (gains) losses included in net income (270) 205 (197) 1,092
Less: amortization of net unrealized (gains) losses included in net income, Income tax benefit (expense) 56 (43) 41 (229)
Unrealized gain (loss) on cash flow hedge instruments, net of tax (1,463) 1,520 (4,523) 7,029
Other comprehensive income (loss), net of tax (4,764) 3,023 (11,308) 10,277
Comprehensive income (loss) $ 8,770 $ 9,609 $ (11,680) $ 22,497