v3.26.1
Note 10 - Other Comprehensive Loss
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

10. OTHER COMPREHENSIVE LOSS

 

The changes in the accumulated balances for each component of other comprehensive loss, net of tax for the three and six months ended June 30, 2025 and  June 30, 2026  were as follows:

  

  

Unrealized

  

Accumulated

 
  

Losses

  

Comprehensive

 

($ in thousands)

 

on AFS Securities

  

Loss, net of tax

 

Beginning Balance, April 1, 2025

 $(30,184) $(21,262)

Current quarter-to-date other comprehensive income

  829   584 

Ending balance, June 30, 2025

 $(29,355) $(20,678)
         

Beginning Balance, April 1, 2026

 $(18,618) $(13,114)

Current quarter-to-date other comprehensive income

  (665)  (468)

Ending balance, June 30, 2026

 $(19,283) $(13,582)

 

  

Unrealized

  

Accumulated

 
  

Losses

  

Comprehensive

 

($ in thousands)

 

on AFS Securities

  

Loss, net of tax

 

Beginning Balance, January 1, 2025

 $(35,698) $(25,145)

Current year-to-date other comprehensive income

  6,343   4,467 

Ending balance, June 30, 2025

 $(29,355) $(20,678)
         

Beginning Balance, January 1, 2026

 $(14,895) $(10,491)

Current year-to-date other comprehensive income

  (4,388)  (3,091)

Ending balance, June 30, 2026

 $(19,283) $(13,582)

 

There were no reclassifications out of accumulated other comprehensive loss during the three and six months ended June 30, 2026. During the three and six months ended June 30, 2025, the Company recognized a $3 thousand gain on the sale of investment securities that was reclassified from accumulated other comprehensive loss to earnings, with an associated tax effect of $1 thousand, resulting in a net reclassification of $2 thousand.