v3.26.1
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Net income (loss) $ 7,170 $ 3,872 $ 13,165 $ (7,715)
Securities available for sale        
Unrealized holding (losses) gains arising during period (1,084) 1,995 (2,433) 6,642
Reclassification adjustment for losses realized in income [1]   78   619
Cash flow hedge        
Unrealized holding gain (loss) 454 (160) 768 (474)
Other comprehensive (loss) income, before tax (630) 1,913 (1,665) 6,787
Deferred tax effect 109 (416) 320 (1,473)
Other comprehensive (loss) income (521) 1,497 (1,345) 5,314
Comprehensive income (loss) $ 6,649 $ 5,369 $ 11,820 $ (2,401)
[1] Amounts are included in net loss on sale of securities available for sale on the consolidated statements of operations. There were no reclassification adjustments for the three and six months ended June 30, 2026. The income tax benefit associated with the reclassification adjustment for the three and six months ended June 30, 2025 was $22 thousand and $174 thousand, respectively.