| Summary of Changes in Accumulated Other Comprehensive Income (Loss) by Component and Net of Tax |
The following were changes in accumulated other comprehensive income (loss) by component, net of tax, for the three months ended June 30, 2026 and 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
Gains and Losses |
|
|
Gains and Losses |
|
|
|
|
(In thousands of dollars) |
on Securities |
|
|
on |
|
|
|
|
Three Months Ended June 30, 2026 |
Available-for-Sale |
|
|
Cash Flow Hedges |
|
|
Total |
|
Beginning balance |
$ |
(13,878 |
) |
|
$ |
2,054 |
|
|
$ |
(11,824 |
) |
Other comprehensive income (loss) before reclassification, net of tax |
|
1,617 |
|
|
|
(214 |
) |
|
|
1,403 |
|
Amounts reclassified from accumulated other comprehensive income, net
of tax |
|
- |
|
|
|
(54 |
) |
|
|
(54 |
) |
Net current period other comprehensive income (loss) |
|
1,617 |
|
|
|
(268 |
) |
|
|
1,349 |
|
Ending balance |
$ |
(12,261 |
) |
|
$ |
1,786 |
|
|
$ |
(10,475 |
) |
Three Months Ended June 30, 2025 |
|
|
|
|
|
|
|
|
Beginning balance |
$ |
(16,719 |
) |
|
$ |
2,508 |
|
|
$ |
(14,211 |
) |
Other comprehensive income before reclassification, net of tax |
|
933 |
|
|
|
91 |
|
|
|
1,024 |
|
Amounts reclassified from accumulated other comprehensive income,
net of tax |
|
- |
|
|
|
(3 |
) |
|
|
(3 |
) |
Net current period other comprehensive income |
|
933 |
|
|
|
88 |
|
|
|
1,021 |
|
Ending balance |
$ |
(15,786 |
) |
|
$ |
2,596 |
|
|
$ |
(13,190 |
) |
The following were changes in accumulated other comprehensive income (loss) by component, net of tax, for the six months ended June 30, 2026 and 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
Gains and Losses |
|
|
Gains and Losses |
|
|
|
|
(In thousands of dollars) |
on Securities |
|
|
on |
|
|
|
|
Six Months Ended June 30, 2026 |
Available-for-Sale |
|
|
Cash Flow Hedges |
|
|
Total |
|
Beginning balance |
$ |
(11,393 |
) |
|
$ |
2,174 |
|
|
$ |
(9,219 |
) |
Other comprehensive loss before reclassification, net of tax |
|
(868 |
) |
|
|
(274 |
) |
|
|
(1,142 |
) |
Amounts reclassified from accumulated other comprehensive income, net
of tax |
|
- |
|
|
|
(114 |
) |
|
|
(114 |
) |
Net current period other comprehensive loss |
|
(868 |
) |
|
|
(388 |
) |
|
|
(1,256 |
) |
Ending balance |
$ |
(12,261 |
) |
|
$ |
1,786 |
|
|
$ |
(10,475 |
) |
Six Months Ended June 30, 2025 |
|
|
|
|
|
|
|
|
Beginning balance |
$ |
(18,713 |
) |
|
$ |
2,926 |
|
|
$ |
(15,787 |
) |
Other comprehensive income (loss) before reclassification, net of tax |
|
2,927 |
|
|
|
(222 |
) |
|
|
2,705 |
|
Amounts reclassified from accumulated other comprehensive income,
net of tax |
|
- |
|
|
|
(108 |
) |
|
|
(108 |
) |
Net current period other comprehensive income (loss) |
|
2,927 |
|
|
|
(330 |
) |
|
|
2,597 |
|
Ending balance |
$ |
(15,786 |
) |
|
$ |
2,596 |
|
|
$ |
(13,190 |
) |
|
| Summary of Significant Amounts Reclassified out of Each Component of Other Comprehensive Income (Loss) |
The following were significant amounts reclassified out of each component of other comprehensive income (loss) for the three months ended June 30, 2026 and 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands of dollars) |
|
|
|
Details about Accumulated Other
Comprehensive Income (Loss) Components |
|
Three Months Ended June 30, 2026 |
|
|
Three Months Ended June 30, 2025 |
|
|
Affected Line Item
Where Net Income
is Presented |
Realized (gains) losses on cash flow hedges |
|
$ |
108 |
|
|
$ |
308 |
|
|
Interest income - Loans held-for-investment |
|
|
|
(179 |
) |
|
|
(312 |
) |
|
Interest expense - Interest-bearing deposits |
|
|
|
17 |
|
|
|
1 |
|
|
Income tax provision |
|
|
$ |
(54 |
) |
|
$ |
(3 |
) |
|
Net loss |
The following were significant amounts reclassified out of each component of other comprehensive income (loss) for the six months ended June 30, 2026 and 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands of dollars) |
|
|
|
Details about Accumulated Other
Comprehensive Income (Loss) Components |
|
Six Months Ended June 30, 2026 |
|
|
Six Months Ended June 30, 2025 |
|
|
Affected Line Item
Where Net Income
is Presented |
Realized (gains) losses on cash flow hedges |
|
$ |
215 |
|
|
$ |
482 |
|
|
Interest income - Loans held-for-investment |
|
|
|
(364 |
) |
|
|
(623 |
) |
|
Interest expense - Interest-bearing deposits |
|
|
|
35 |
|
|
|
33 |
|
|
Income tax provision |
|
|
$ |
(114 |
) |
|
$ |
(108 |
) |
|
Net loss |
|