v3.26.1
Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2026
Disclosure Of Other Comprehensive Income Loss [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) The following table presents a reconciliation of the changes in the components of other comprehensive income or loss for the dates indicated, including the amount of income tax expense or benefit allocated to each component of other comprehensive income or loss:

 

 

Three Months Ended June 30,

 

 

 

Reclassification Adjustments

 

2026

 

 

2025

 

 

Affected Line Item in
Consolidated Statements of Income (Loss)

 

 

(Dollars in thousands)

 

 

 

Net amortization of bond premiums

 

$

62

 

 

$

134

 

 

Interest on debt securities

Tax effect

 

 

(17

)

 

 

(36

)

 

Income tax (benefit) expense

 

 

 

45

 

 

 

98

 

 

Net income (loss)

Net interest expense on interest rate swaps

 

 

18

 

 

 

 

 

Interest expense on deposits

Tax effect

 

 

(5

)

 

 

 

 

Income tax (benefit) expense

 

 

13

 

 

 

 

 

Net income (loss)

Total reclassification adjustments

 

$

58

 

 

$

98

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

 

 

Reclassification Adjustments

 

2026

 

 

2025

 

 

Affected Line Item in
Consolidated Statements of Income (Loss)

 

 

(Dollars in thousands)

 

 

 

Net amortization of bond premiums

 

$

176

 

 

$

290

 

 

Interest on debt securities

Tax effect

 

 

(47

)

 

 

(78

)

 

Income tax (benefit) expense

 

 

 

129

 

 

 

212

 

 

Net income (loss)

Net interest expense on interest rate swaps

 

 

34

 

 

 

 

 

Interest expense on deposits

Tax effect

 

 

(9

)

 

 

 

 

Income tax (benefit) expense

 

 

25

 

 

 

 

 

Net income (loss)

Total reclassification adjustments

 

$

154

 

 

$

212

 

 

 

 

Summary of Changes in Component of AOCI

The following tables present the changes in each component of AOCI for the periods indicated:

(Dollars in thousands)

 

Net Unrealized Losses on AFS
Securities
(1)

 

 

Net Unrealized Losses on Cash Flow
Hedges
(1)

 

 

AOCI(1)

 

Balance at March 31, 2026

 

$

(5,540

)

 

$

(14

)

 

$

(5,554

)

Other comprehensive income before
     reclassification

 

 

656

 

 

 

 

 

 

656

 

     Amounts reclassified from AOCI

 

 

45

 

 

 

13

 

 

 

58

 

Other comprehensive income

 

 

701

 

 

 

13

 

 

 

714

 

Balance at June 30, 2026

 

$

(4,839

)

 

$

(1

)

 

$

(4,840

)

 

 

 

 

 

 

 

 

 

 

Balance at March 31, 2025

 

$

(6,923

)

 

$

(46

)

 

$

(6,969

)

Other comprehensive income before
     reclassification

 

 

1

 

 

 

6

 

 

 

7

 

     Amounts reclassified from AOCI

 

 

98

 

 

 

 

 

 

98

 

Other comprehensive income

 

 

99

 

 

 

6

 

 

 

105

 

Balance at June 30, 2025

 

$

(6,824

)

 

$

(40

)

 

$

(6,864

)

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2025

 

$

(4,809

)

 

$

(30

)

 

$

(4,839

)

Other comprehensive (loss) income before
     reclassification

 

 

(159

)

 

 

4

 

 

 

(155

)

     Amounts reclassified from AOCI

 

 

129

 

 

 

25

 

 

 

154

 

Other comprehensive (loss) income

 

 

(30

)

 

 

29

 

 

 

(1

)

Balance at June 30, 2026

 

$

(4,839

)

 

$

(1

)

 

$

(4,840

)

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2024

 

$

(7,013

)

 

$

(31

)

 

$

(7,044

)

Other comprehensive loss before
     reclassification

 

 

(23

)

 

 

(9

)

 

 

(32

)

     Amounts reclassified from AOCI

 

 

212

 

 

 

 

 

 

212

 

Other comprehensive income (loss)

 

 

189

 

 

 

(9

)

 

 

180

 

Balance at June 30, 2025

 

$

(6,824

)

 

$

(40

)

 

$

(6,864

)

 

(1)
All amounts are net of tax.