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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 3 Months Ended
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Mar. 31, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of components of other comprehensive income (loss) | The following tables present the components of other comprehensive income (loss) for the periods presented:
(dollars in thousands) |  | Before Tax |  | Tax Effect |  | Net of Tax
Three Months Ended March 31, 2025 |  |  |  |  |  |
Net change in fair value of investment securities: |  |  |  |  |  |
Net unrealized gains on AFS investment securities arising during the period |  | $ | 15,287 |  |  | $ | 4,032 |  |  | $ | 11,255 |
Less: Amortization of unrealized losses on investment securities transferred to HTM |  | 1,552 |  |  | 409 |  |  | 1,143 |
Net change in fair value of investment securities |  | 16,839 |  |  | 4,441 |  |  | 12,398 |
Net change in fair value of derivatives: |  |  |  |  |  |
Net unrealized losses arising during the period |  | (2,093) |  |  | (552) |  |  | (1,541) |
Net change in fair value of derivatives |  | (2,093) |  |  | (552) |  |  | (1,541) |
Other comprehensive income |  | $ | 14,746 |  |  | $ | 3,889 |  |  | $ | 10,857 |
(dollars in thousands) |  | Before Tax |  | Tax Effect |  | Net of Tax
Three Months Ended March 31, 2024 |  |  |  |  |  |
Net change in fair value of investment securities: |  |  |  |  |  |
Net unrealized losses on AFS investment securities arising during the period |  | $ | (7,035) |  |  | $ | (1,855) |  |  | $ | (5,180) |
Less: Amortization of unrealized losses on investment securities transferred to HTM |  | 1,638 |  |  | 432 |  |  | 1,206 |
Net change in fair value of investment securities |  | (5,397) |  |  | (1,423) |  |  | (3,974) |
Net change in fair value of derivatives: |  |  |  |  |  |
Net unrealized gains arising during the period |  | 3,053 |  |  | 806 |  |  | 2,247 |
Net change in fair value of derivatives |  | 3,053 |  |  | 806 |  |  | 2,247 |
Other comprehensive loss |  | $ | (2,344) |  |  | $ | (617) |  |  | $ | (1,727) |
Schedule of changes in each component of AOCI, net of tax | The following tables present the changes in each component of accumulated other comprehensive income (loss), net of tax, for the periods presented:
(dollars in thousands) |  | Investment Securities |  | Derivatives |  | SERP |  | AOCI
Three Months Ended March 31, 2025 |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (121,491) |  |  | $ | 6,494 |  |  | $ | 575 |  |  | $ | (114,422) |
Other comprehensive income (loss) before reclassifications |  | 11,255 |  |  | (1,541) |  |  | — |  |  | 9,714 |
Reclassification adjustments from AOCI |  | 1,143 |  |  | — |  |  | — |  |  | 1,143 |
Total other comprehensive income (loss) |  | 12,398 |  |  | (1,541) |  |  | — |  |  | 10,857 |
Balance at end of period |  | $ | (109,093) |  |  | $ | 4,953 |  |  | $ | 575 |  |  | $ | (103,565) |
(dollars in thousands) |  | Investment Securities |  | Derivatives |  | SERP |  | AOCI
Three Months Ended March 31, 2024 |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (127,922) |  |  | $ | 5,029 |  |  | $ | 297 |  |  | $ | (122,596) |
Other comprehensive income (loss) before reclassifications |  | (5,180) |  |  | 2,247 |  |  | — |  |  | (2,933) |
Reclassification adjustments from AOCI |  | 1,206 |  |  | — |  |  | — |  |  | 1,206 |
Total other comprehensive income (loss) |  | (3,974) |  |  | 2,247 |  |  | — |  |  | (1,727) |
Balance at end of period |  | $ | (131,896) |  |  | $ | 7,276 |  |  | $ | 297 |  |  | $ | (124,323) |
Schedule of amounts reclassified out of each component of AOCI | The following tables present the amounts reclassified out of each component of AOCI for the periods presented:
|  | Amount Reclassified from AOCI |  | Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands) |  | Three Months Ended March 31, |
Details about AOCI Components |  | 2025 |  | 2024 |
Amortization of unrealized losses on investment securities transferred to HTM: |  |  |  |  |  |
Amortization |  | $ | 1,552 |  |  | $ | 1,638 |  |  | Interest and dividends on investment securities
Tax effect |  | (409) |  |  | (432) |  |  | Income tax benefit
Net of tax |  | 1,143 |  |  | 1,206 |  |  |
Total reclassification adjustments from AOCI for the period, net of tax |  | $ | 1,143 |  |  | $ | 1,206 |  |  |

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1 + Details
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