v3.26.1
Note 20 - Other Comprehensive Income (Loss) - Schedule of Comprehensive Income (Loss) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Change in fair value, pre-tax amount $ (1,270) $ 4,628 $ (4,883) $ 18,855
Change in fair value, tax expense (benefit) 330 (1,161) 1,293 (4,733)
Change in fair value, after-tax amount (940) 3,467 (3,590) 14,122
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1), pre-tax amount [1] 12 42 32 95
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1), tax expense (benefit) [1] (4) (10) (10) (24)
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1), after-tax amount [1] 8 32 22 71
Net change, pre-tax amount (1,282) 4,586 (4,915) 18,760
Net change, tax expense (benefit) 334 (1,151) 1,303 (4,709)
Net change, after-tax amount (948) 3,435 (3,612) 14,051
Change in fair value, pre-tax amount 278 (147) 1,065 (609)
Change in fair value, tax expense (benefit) (72) 37 (276) 153
Change in fair value, after-tax amount 206 (110) 789 (456)
Less: reclassified AOCI gain (loss) into interest expense, pre-tax amount [2] 0 0 0 (22)
Less: reclassified AOCI gain (loss) into interest expense, tax expense (benefit) [2] 0 0 0 6
Less: reclassified AOCI gain (loss) into interest expense, after-tax amount [2] 0 0 0 (16)
Net change, pre-tax amount 278 (147) 1,065 (587)
Net change, tax expense (benefit) (72) 37 (276) 147
Net change, after-tax amount 206 (110) 789 (440)
Change in fair value, pre-tax amount 0 110 0 (123)
Change in fair value, tax expense (benefit) 0 (28) 0 31
Change in fair value, after-tax amount 0 82 0 (92)
Total other comprehensive income (loss), before tax (1,004) 4,549 (3,850) 18,050
Other comprehensive income (loss), tax expense (benefit) 262 (1,142) 1,027 (4,531)
Other comprehensive income (loss), net of tax $ (742) $ 3,407 $ (2,823) $ 13,519
[1] Reclassified into taxable and/or exempt from federal income taxes interest income on investment securities on the consolidated statements of income. Refer to “NOTE 3 Investment Securities” for further details.
[2] Reclassified into interest expense on short-term borrowings on the consolidated statements of income. Refer to “NOTE 18 Derivative Instruments” for further details.