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Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net income $ 6,586 $ 5,213 $ 12,220 $ 10,846
Other comprehensive income:        
Change in net unrealized gain (loss) on available-for-sale securities 184 (5,018) (2,986) 8,676
Change in net unrealized gain (loss) on available-for-sale securities, Income tax benefit (expense) (39) 1,054 627 (1,822)
Less: reclassification adjustment for net (gain) loss included in net income 0 0 0 0
Less: reclassification adjustment for net (gain) loss included in net income, Income tax benefit (expense) 0 0 0 0
Less: reclassification adjustment for net (gain) loss for fair value hedge 1,663 6,752 6,986 731
Less: reclassification adjustment for net (gain) loss for fair value hedge, Income tax benefit (expense) (349) (1,417) (1,467) (153)
Less: net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity 0 0 0 0
Net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity, Income tax benefit (expense) 0 0 0 0
Unrealized gain (loss) on available-for-sale securities, net of tax 1,459 1,371 3,160 7,432
Reclassification of unrealized gain (loss) upon transfer of securities from available-for-sale to held-to-maturity 0 0 0 0
Reclassification of unrealized gain (loss) upon transfer of securities from available-for-sale to held-to-maturity, Income tax benefit (expense) 0 0 0 0
Amortization of net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity 56 165 112 194
Amortization of net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity, Income tax benefit (expense) (12) (35) (24) (41)
Unrealized loss on held to maturity securities, net of tax 44 130 88 153
Change in net unrealized gain (loss) on cash flow hedge 1,719 6,019 7,805 3,123
Change in net unrealized gain (loss) on cash flow hedge, Income tax benefit (expense) (361) (1,264) (1,639) (656)
Less: reclassification adjustment for net (gain) loss on cash flow hedge 0 0 0 0
Less: reclassification adjustment for net (gain) loss on cash flow hedge, Income tax benefit (expense) 0 0 0 0
Less: amortization of net unrealized (gains) losses included in net income 205 887 1,092 1,043
Less: amortization of net unrealized (gains) losses included in net income, Income tax benefit (expense) (43) (186) (229) (219)
Unrealized gain (loss) on cash flow hedge instruments, net of tax 1,520 5,456 7,029 3,291
Other comprehensive income (loss), net of tax 3,023 6,957 10,277 10,876
Comprehensive income (loss) $ 9,609 $ 12,170 $ 22,497 $ 21,722