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Changes to Accumulated Other Comprehensive Income (Loss), net (Tables)
3 Months Ended
Mar. 31, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Changes to Accumulated Other Comprehensive Income (Loss), net

The following tables present components of accumulated other comprehensive income (loss) for the periods stated.

 

 

For the three months ended March 31, 2025

 

(Dollars in thousands)

 

Net Unrealized (Losses) Gains on Available for Sale Securities

 

 

Transfer of Securities Held to Maturity to Available For Sale

 

 

Accumulated Other Comprehensive (Loss) Gain, net

 

Balance as of December 31, 2024

 

$

(42,887

)

 

$

425

 

 

$

(42,462

)

Change in net unrealized holding losses on securities available for sale, net of deferred tax expense of $1,417

 

 

3,806

 

 

 

 

 

 

3,806

 

Balance as of March 31, 2025

 

$

(39,081

)

 

$

425

 

 

$

(38,656

)

 

 

 

For the three months ended March 31, 2024

 

(Dollars in thousands)

 

Net Unrealized (Losses) Gains on Available for Sale Securities

 

 

Transfer of Securities Held to Maturity to Available For Sale

 

 

Accumulated Other Comprehensive Loss, net

 

Balance as of December 31, 2023

 

$

(45,481

)

 

$

425

 

 

$

(45,056

)

Change in net unrealized holding losses on securities available for sale, net of deferred tax benefit of $372

 

 

(2,558

)

 

 

 

 

 

(2,558

)

Balance as of March 31, 2024

 

$

(48,039

)

 

$

425

 

 

$

(47,614

)