| Accumulated Other Comprehensive Income |
Accumulated Other Comprehensive Income The following table presents the changes in the components of Accumulated Other Comprehensive Income, or the AOCI, for the six months ended June 30, 2026 and 2025: | | | | | | | | | | June 30, 2026 | | (dollars in thousands) | | Unrealized gains (losses) on available-for-sale securities, net | Total Accumulated OCI Balance | | Balance as of December 31, 2025 | $ | 146,295 | | $ | 146,295 | | | OCI before reclassifications | (20,451) | | (20,451) | | | Amounts reclassified from AOCI | 3,140 | | 3,140 | | | Net current period OCI | (17,311) | | (17,311) | | | Balance as of June 30, 2026 | $ | 128,984 | | $ | 128,984 | |
| | | | | | | | | | June 30, 2025 | | (dollars in thousands) | | Unrealized gains (losses) on available-for-sale securities, net | Total Accumulated OCI Balance | | Balance as of December 31, 2024 | $ | 159,449 | | $ | 159,449 | | | OCI before reclassifications | (7,014) | | (7,014) | | | Amounts reclassified from AOCI | — | | — | | | Net current period OCI | (7,014) | | (7,014) | | | Balance as of June 30, 2025 | $ | 152,435 | | $ | 152,435 | |
The amounts reclassified from AOCI balance comprised of $3 million net unrealized losses on available-for-sale securities sold for the six months ended June 30, 2026. There were no amounts reclassified from AOCI during the six months ended June 30, 2025.
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