XML 175 R47.htm IDEA: XBRL DOCUMENT

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

12 Months Ended

Dec. 31, 2025

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Schedule of tax effects allocated to each component of Other Comprehensive Income (Loss)

The following table presents the tax effects allocated to each component of Other Comprehensive Income (Loss) (in thousands):


		Year ended December 31,
		2025									2024									2023
		Before			Tax			After			Before			Tax			After			Before			Tax			After
		Tax			Effect			Tax			Tax			Effect			Tax			Tax			Effect			Tax
Unrealized gain (loss) arising on AFS securities
Unrealized gain (loss) arising during the period		$	24,088		$	(7,219)		$	16,869		$	789		$	565		$	1,354		$	11,135		$	(3,986)		$	7,149
Reclassification adjustment for gain included in net income			(674)			202			(472)			—			—			—			—			—			—
Net Change		$	23,414		$	(7,017)		$	16,397		$	789		$	565		$	1,354		$	11,135		$	(3,986)		$	7,149

Unrealized gain (loss) arising on cash flow hedges
Unrealized gain (loss) arising during the period		$	(3,535)		$	1,066		$	(2,469)		$	2,730		$	(808)		$	1,922		$	(3,350)		$	933		$	(2,417)
Reclassification adjustment for gain included in net income			(761)			228			(533)			(5,013)			1,539			(3,474)			(4,864)			1,494			(3,370)
Net Change			(4,296)			1,294			(3,002)			(2,283)			731			(1,552)			(8,214)			2,427			(5,787)
Total other comprehensive income (loss)		$	19,118		$	(5,723)		$	13,395		$	(1,494)		$	1,296		$	(198)		$	2,921		$	(1,559)		$	1,362

Schedule of after-tax changes in the balances of each component of Accumulated Other Comprehensive Income (Loss)

The following table presents the after-tax changes in the balances of each component of Accumulated Other Comprehensive Income (Loss) at the dates indicated (in thousands):


								Total
								Accumulated
								Other
		AFS			Cash Flow			Comprehensive
		Securities			Hedge			Income (Loss)
Balance at January 1, 2025		$	(53,331)		$	197		$	(53,134)
Other comprehensive income (loss) arising during the period, net of tax			16,397			(3,002)			13,395
Balance at December 31, 2025		$	(36,934)		$	(2,805)		$	(39,739)

Balance at January 1, 2024		$	(54,685)		$	1,749		$	(52,936)
Other comprehensive income (loss) arising during the period, net of tax			1,354			(1,552)			(198)
Balance at December 31, 2024		$	(53,331)		$	197		$	(53,134)

Balance at January 1, 2023			(61,834)			7,536			(54,298)
Other comprehensive income (loss) arising during the period, net of tax			7,149			(5,787)			1,362
Balance at December 31, 2023		$	(54,685)		$	1,749		$	(52,936)

Schedule of table shows the amounts reclassified out of AOCI for the realized gain on cash flow hedges

The following table shows the amounts reclassified out of each component of accumulated other comprehensive income for the realized gain on the sale of securities and the realized gain on derivative cash flow hedges (in thousands):


										Affected line item in
										the Consolidated Statements
		Year Ended December 31,								of Operations
		2025			2024			2023
Realized gain on sale of AFS securities		(674)		$	—		$	—		Gain on Sale of Securities
Income tax (expense) benefit		202			—			—		Income tax expense
Total reclassifications, net of income tax		(472)		$	—		$	—

Realized gain (loss) on derivative cash flow hedges		761		$	5,013		$	4,864		Licensing fees and interest expense
Income tax (expense) benefit		(228)			(1,539)			(1,494)		Income tax expense
Total reclassifications, net of income tax		533		$	3,474		$	3,370