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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 Income (Loss) $ 7,348 $ 5,122 $ 19,568 $ 15,968
Other comprehensive income:        
Change in net unrealized gain (loss) on available-for-sale securities 14,077 (21,739) 11,091 (13,063)
Change in net unrealized gain (loss) on available-for-sale securities, Income tax benefit (expense) (2,956) 4,565 (2,329) 2,743
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 (9,827) 9,189 (2,841) 9,920
Less: reclassification adjustment for net (gain) loss for fair value hedge, Income tax benefit (expense) 2,064 (1,930) 597 (2,083)
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 3,358 (9,915) 6,518 (2,483)
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 61 67 173 261
Amortization of net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity, Income tax benefit (expense) (12) (14) (36) (55)
Unrealized loss on held to maturity securities, net of tax 49 53 137 206
Change in net unrealized gain (loss) on cash flow hedge (9,558) 9,625 (1,753) 12,748
Change in net unrealized gain (loss) on cash flow hedge, Income tax benefit (expense) 2,006 (2,021) 367 (2,677)
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 0 897 1,092 1,940
Less: amortization of net unrealized (gains) losses included in net income, Income tax benefit (expense) 0 (188) (229) (407)
Unrealized gain (loss) on cash flow hedge instruments, net of tax (7,552) 8,313 (523) 11,604
Other comprehensive income (loss), net of tax (4,145) (1,549) 6,132 9,327
Comprehensive income (loss) $ 3,203 $ 3,573 $ 25,700 $ 25,295