| Accumulated Other Comprehensive Loss |
Note 7 – ACCUMULATED OTHER COMPREHENSIVE LOSS The following table presents the changes in accumulated other comprehensive loss by component net of tax for the three and six months ended June 30, 2026 and 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands) |
|
Pretax |
|
|
Tax Effect |
|
|
After-tax |
|
Three Months Ended June 30, 2026 |
|
|
|
|
|
|
|
|
|
Balance, beginning of period |
|
$ |
(6,846 |
) |
|
$ |
1,437 |
|
|
|
(5,409 |
) |
Unrealized holding loss on available-for-sale securities arising during
the period |
|
|
(267 |
) |
|
|
56 |
|
|
|
(211 |
) |
Amortization of held-to-maturity discount resulting from transfer |
|
|
40 |
|
|
|
(7 |
) |
|
|
33 |
|
Total other comprehensive loss |
|
|
(227 |
) |
|
|
49 |
|
|
|
(178 |
) |
Balance, end of period |
|
$ |
(7,073 |
) |
|
$ |
1,486 |
|
|
$ |
(5,587 |
) |
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, 2026 |
|
|
|
|
|
|
|
|
|
Balance, beginning of period |
|
$ |
(6,350 |
) |
|
$ |
1,333 |
|
|
$ |
(5,017 |
) |
Unrealized holding loss on available-for-sale securities arising during
the period |
|
|
(799 |
) |
|
|
168 |
|
|
|
(631 |
) |
Amortization of held-to-maturity discount resulting from transfer |
|
|
76 |
|
|
|
(15 |
) |
|
|
61 |
|
Total other comprehensive loss |
|
|
(723 |
) |
|
|
153 |
|
|
|
(570 |
) |
Balance, end of period |
|
$ |
(7,073 |
) |
|
$ |
1,486 |
|
|
$ |
(5,587 |
) |
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, 2025 |
|
|
|
|
|
|
|
|
|
Balance, beginning of period |
|
$ |
(9,052 |
) |
|
$ |
1,901 |
|
|
$ |
(7,151 |
) |
Unrealized holding gain on available-for-sale securities arising during
the period |
|
|
985 |
|
|
|
(207 |
) |
|
|
778 |
|
Amortization of held-to-maturity discount resulting from transfer |
|
|
41 |
|
|
|
(9 |
) |
|
|
32 |
|
Total other comprehensive income |
|
|
1,026 |
|
|
|
(215 |
) |
|
|
811 |
|
Balance, end of period |
|
$ |
(8,026 |
) |
|
$ |
1,686 |
|
|
$ |
(6,340 |
) |
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, 2025 |
|
|
|
|
|
|
|
|
|
Balance, beginning of period |
|
$ |
(10,657 |
) |
|
$ |
2,237 |
|
|
$ |
(8,420 |
) |
Unrealized holding gain on available-for-sale securities arising during
the period |
|
|
2,550 |
|
|
|
(535 |
) |
|
|
2,016 |
|
Amortization of held-to-maturity discount resulting from transfer |
|
|
81 |
|
|
|
(16 |
) |
|
|
65 |
|
Total other comprehensive income |
|
|
2,631 |
|
|
|
(551 |
) |
|
|
2,080 |
|
Balance, end of period |
|
$ |
(8,026 |
) |
|
$ |
1,686 |
|
|
$ |
(6,340 |
) |
|