v3.26.3
Note 12 - Change in Accumulated Other Comprehensive Income ("AOCI")
9 Months Ended
Sep. 30, 2026
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

Note 12- Change in Accumulated Other Comprehensive Income ("AOCI")

 

Our AOCI includes unrealized gains (losses) on available-for-sale securities, defined benefit plan assets and derivatives as well as an unrecognized defined benefit plan prior service cost. The following table presents changes to accumulated other comprehensive income after-tax for the periods shown:

 

(dollars in thousands)

 

Unrealized Gains and Losses on Available-for-Sale Securities

  

Net Actuarial Gains (Losses) on DB Plan Assets

  

Unrecognized DB Plan Prior Service Cost, Net of Amortization

  

Unrealized (Losses) Gains on Fair Value of Hedged Items

  

Total

 

Balance at June 30, 2026

 $(20,486) $(387) $(1,125) $(179) $(22,177)

Other comprehensive loss before reclassification

  (9,348)  —   —   —   (9,348)

Amounts reclassified from accumulated other comprehensive income

  —   —   29   331   360 

Net other comprehensive (loss) income

  (9,348)  —   29   331   (8,988)

Balance at September 30, 2026

 $(29,834) $(387) $(1,096) $152  $(31,165)

 

(dollars in thousands)

 

Unrealized Gains and Losses on Available-for-Sale Securities

  

Net Actuarial Gains (Losses) on DB Plan Assets

  

Unrecognized DB Plan Prior Service Cost, Net of Amortization

  

Unrealized Losses on Fair Value of Hedged Items

  

Total

 

Balance at June 30, 2025

 $(25,674) $(486) $(1,244) $(794) $(28,198)

Other comprehensive income before reclassification

  3,733   —   —   —   3,733 

Amounts reclassified from accumulated other comprehensive income

  —   —   30   6   36 

Net other comprehensive income

  3,733   —   30   6   3,769 

Balance at September 30, 2025

 $(21,941) $(486) $(1,214) $(788) $(24,429)

 

(dollars in thousands)

 

Unrealized Gains and Losses on Available-for-Sale Securities

  

Net Actuarial Gains (Losses) on DB Plan Assets

  

Unrecognized DB Plan Prior Service Cost, Net of Amortization

  

Unrealized (Losses) Gains on Fair Value of Hedged Items

  

Total

 

Balance at December 31, 2025

 $(20,058) $(387) $(1,184) $(769) $(22,398)

Other comprehensive loss before reclassification

  (9,776)  —   —   —   (9,776)

Amounts reclassified from accumulated other comprehensive income

  —   —   88   921   1,009 

Net other comprehensive (loss) income

  (9,776)  —   88   921   (8,767)

Balance at September 30, 2026

 $(29,834) $(387) $(1,096) $152  $(31,165)

 

(dollars in thousands)

 

Unrealized Gains and Losses on Available-for-Sale Securities

  

Net Actuarial Gains (Losses) on DB Plan Assets

  

Unrecognized DB Plan Prior Service Cost, Net of Amortization

  

Unrealized Losses on Fair Value of Hedged Items

  

Total

 

Balance at December 31, 2024

 

 $(28,210) $(486) $(1,303) $(173) $(30,172)

Other comprehensive income before reclassification

  6,269   —   —   —   6,269 

Amounts reclassified from accumulated other comprehensive income

  —   —   89   (615)  (526)

Net other comprehensive income (loss)

  6,269   —   89   (615)  5,743 

Balance at September 30, 2025

 $(21,941) $(486) $(1,214) $(788) $(24,429)