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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net (loss) income $ (7,903) $ 9,026 $ 8,366 $ 28,020
Other comprehensive income (loss), net of tax:        
Unrealized gains (losses) on securities available for sale arising during the period 18,479 (14,448) 16,710 (8,510)
Reclassification adjustment for gains on securities available for sale realized in net income (181) 0 (181) 0
Net unrealized gains (losses) on securities available for sale 18,298 (14,448) 16,529 (8,510)
Tax effect (4,087) 3,179 (3,692) 1,872
Total other comprehensive income (loss), net of tax and reclassification adjustments on securities available for sale 14,211 (11,269) 12,837 (6,638)
Unrealized (losses) gains on interest rate swaps used in cash flow hedges (2,182) 1,439 (320) 2,831
Reclassification adjustment for losses realized in net income 0 0 0 0
Net unrealized (losses) gains on interest rate swaps used in cash flow hedges (2,182) 1,439 (320) 2,831
Tax effect 487 (317) 71 (623)
Total other comprehensive (loss) income, net of tax and reclassification adjustments on interest rate swaps used in cash flow hedges (1,695) 1,122 (249) 2,208
Total other comprehensive income (loss), net of tax and reclassification adjustments 12,516 (10,147) 12,588 (4,430)
Total comprehensive income (loss) $ 4,613 $ (1,121) $ 20,954 $ 23,590