The following table presents the changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2026 and 2025. Amounts in parentheses indicate reductions to AOCI:



	Three Months Ended June 30, 2026
(amounts in thousands)	Unrealized Gains (Losses) on Available for Sale Securities (1)		Unrealized Gains (Losses) on Cash Flow Hedges (2)		Total
Balance at April 1	$	(52,858)	$	(1,799)	$	(54,657)



Unrealized gains (losses) arising during period, before tax	1,360		(7,563)		(6,203)
Income tax effect	(360)		2,004		1,644
Other comprehensive income (loss) before reclassifications	1,000		(5,559)		(4,559)
Reclassification adjustments for (gains) losses included in net income, before tax	(154)		386		232
Income tax effect	41		(102)		(61)
Amounts reclassified from accumulated other comprehensive income (loss) to net income	(113)		284		171
Amortization of unrealized loss on securities transferred from available for sale to held to maturity	952		—		952
Income tax effect	(253)		—		(253)
Amortization of unrealized loss on securities transferred from available for sale to held to maturity	699		—		699
Net current-period other comprehensive income (loss)	1,586		(5,275)		(3,689)
Balance at June 30	$	(51,272)	$	(7,074)	$	(58,346)



	Three Months Ended June 30, 2025
(amounts in thousands)	Unrealized Gains (Losses) on Available for Sale Securities (1)		Unrealized Gains (Losses) on Cash Flow Hedges (2)		Total
Balance at April 1	$	(67,641)	$	—	$	(67,641)



Unrealized gains (losses) arising during period, before tax	(8,011)		—		(8,011)
Income tax effect	2,119		—		2,119
Other comprehensive income (loss) before reclassifications	(5,892)		—		(5,892)
Reclassification adjustments for (gains) losses included in net income, before tax	1,797		—		1,797
Income tax effect	(475)		—		(475)
Amounts reclassified from accumulated other comprehensive income (loss) to net income	1,322		—		1,322
Amortization of unrealized loss on securities transferred from available for sale to held to maturity	1,206		—		1,206
Income tax effect	(320)		—		(320)
Amortization of unrealized loss on securities transferred from available for sale to held to maturity	886		—		886
Net current-period other comprehensive income (loss)	(3,684)		—		(3,684)
Balance at June 30	$	(71,325)	$	—	$	(71,325)



	Six Months Ended June 30, 2026
(amounts in thousands)	Unrealized Gains (Losses) Available for Sale Securities (1)		Unrealized Gains (Losses) on Cash Flow Hedges (2)		Total
Balance at January 1	$	(57,012)	$	2,962	$	(54,050)



Unrealized gains (losses) arising during period, before tax	6,480		(14,507)		(8,027)
Income tax effect	(1,716)		3,844		2,128
Other comprehensive income (loss) before reclassifications	4,764		(10,663)		(5,899)
Reclassification adjustments for (gains) losses included in net income, before tax	(509)		853		344
Income tax effect	135		(226)		(91)
Amounts reclassified from accumulated other comprehensive income (loss) to net income	(374)		627		253
Amortization of unrealized loss on securities transferred from available for sale to held to maturity	1,839		—		1,839
Income tax effect	(489)		—		(489)
Amortization of unrealized loss on securities transferred from available for sale to held to maturity	1,350		—		1,350
Net current-period other comprehensive income (loss)	5,740		(10,036)		(4,296)
Balance at June 30	$	(51,272)	$	(7,074)	$	(58,346)


	Six Months Ended June 30, 2025
(amounts in thousands)	Unrealized Gains (Losses) on Available for Sale Securities (1)		Unrealized Gains (Losses) on Cash Flow Hedges (2)		Total
Balance at January 1	$	(96,560)	$	—	$	(96,560)



Unrealized gains (losses) arising during period, before tax	(21,260)		—		(21,260)
Income tax effect	5,603		—		5,603
Other comprehensive income (loss) before reclassifications	(15,657)		—		(15,657)
Reclassification adjustments for (gains) losses included in net income, before tax	53,116		—		53,116
Income tax effect	(13,972)		—		(13,972)
Amounts reclassified from accumulated other comprehensive income (loss) to net income	39,144		—		39,144
Amortization of unrealized loss on securities transferred from available for sale to held to maturity	2,375		—		2,375
Income tax effect	(627)		—		(627)
Amortization of unrealized loss on securities transferred from available for sale to held to maturity	1,748		—		1,748
Net current-period other comprehensive income	25,235		—		25,235
Balance at June 30	$	(71,325)	$	—	$	(71,325)

(1) Reclassification amounts for AFS debt securities are reported as net gain (loss) on sale of investment securities or impairment loss on debt securities, and amortization of unrealized losses on debt securities transferred from available-for-sale to held-to-maturity is reported within interest income on the consolidated statements of income.


	Amount of Gain (Loss) Recognized in OCI on Derivatives (1)				Location of Gain (Loss) Reclassified from AOCI into Income	Amount of Gain (Loss) Reclassified from AOCI into Income
	Three Months Ended June 30,					Three Months Ended June 30,
(amounts in thousands)	2026		2025			2026		2025
Derivatives in cash flow hedging relationships:
Interest rate swaps	$	(5,559)	$	—	Interest income	$	(386)	$	—


	Amount of Gain (Loss) Recognized in OCI on Derivatives (1)				Location of Gain (Loss) Reclassified from AOCI into Income	Amount of Gain (Loss) Reclassified from AOCI into Income
	Six Months Ended June 30,					Six Months Ended June 30,
(amounts in thousands)	2026		2025			2026		2025
Derivatives in cash flow hedging relationships:
Interest rate swaps	$	(10,663)	$	—	Interest income	$	(853)	$	—