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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Accumulated Other Comprehensive Income

Accumulated other comprehensive income was as follows:

 

(Dollars in thousands)

 

As of December 31,

 

 

 

2023

 

 

2022

 

Unrealized gain (loss) on available-for-sale securities

 

$

(69,641

)

 

$

(89,041

)

Unrealized gain (loss) on held to maturity securities

 

 

(2,720

)

 

 

(3,053

)

Unrealized gain (loss) on derivative instruments

 

 

7,072

 

 

 

1,212

 

Tax effect

 

 

13,711

 

 

 

19,085

 

Accumulated other comprehensive income (loss)

 

$

(51,578

)

 

$

(71,797

)