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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Mar. 31, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

13. ACCUMULATED 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)

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)

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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- References

No definition available.

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- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/220/tableOfContent

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