v3.26.1
OTHER COMPREHENSIVE INCOME
3 Months Ended
Mar. 31, 2026
OTHER COMPREHENSIVE INCOME  
OTHER COMPREHENSIVE INCOME

7.OTHER COMPREHENSIVE INCOME

Reclassifications out of accumulated other comprehensive income (loss) were as follows (dollars in thousands):

Details About Accumulated Other

Affected Line Item in the Statement

Comprehensive (Loss) Income Components

Where Net Income is Presented

Three Months Ended

  ​ ​ ​

March 31, 

  ​ ​ ​

  ​

  ​ ​ ​

2026

2025

  ​ ​ ​

Amortization of defined benefit plan items (before tax):

 

  ​

 

  ​

 

  ​

Net actuarial gain

$

(307)

$

(137)

 

Other noninterest expense

Tax benefit

 

80

 

36

 

Income tax expense

Net of tax

 

(227)

 

(101)

 

  ​

Total reclassification for the period, net of tax

$

(227)

$

(101)

 

  ​

The balances and changes in the components of accumulated other comprehensive income, net of tax, are as follows (dollars in thousands):

For the Three Months Ended,

March 31, 

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Accumulated

Unrealized

Other

Gains/Losses

Defined

Comprehensive

on Securities

Benefit Plans

Income (Loss)

2026:

Accumulated other comprehensive income as of January 1, 2026

$

1,355

$

12,678

$

14,033

Other comprehensive loss before reclassifications

(925)

(925)

Amounts reclassified from accumulated other comprehensive income

(227)

(227)

Accumulated other comprehensive income as of March 31, 2026

$

430

$

12,451

$

12,881

2025:

Accumulated other comprehensive income (loss) as of January 1, 2025

$

(2,360)

$

7,903

$

5,543

Other comprehensive income before reclassifications

 

1,559

 

 

1,559

Amounts reclassified from accumulated other comprehensive income

(101)

(101)

Accumulated other comprehensive income (loss) as of March 31, 2025

$

(801)

$

7,802

$

7,001

The amounts of income tax expense (benefit) allocated to each component of other comprehensive income were as follows (dollars in thousands):

For the Three Months Ended

March 31,

  ​ ​ ​

2026

  ​ ​ ​

2025

Unrealized (losses) gains on securities:

 

  ​

 

  ​

Unrealized holdings (losses) gains arising during the period

$

(327)

$

553

Reclassification adjustment for (gains) losses included in net income

 

 

 

(327)

 

553

Defined benefit plans:

 

  ​

 

Change in funded status

 

 

Reclassification adjustment for amortization of net actuarial gain

 

(80)

 

(36)

 

(80)

 

(36)

$

(407)

$

517