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Comprehensive Income (Tables) | 9 Months Ended
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Sep. 30, 2024
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] |
Schedule of Reclassification out of Accumulated Other Comprehensive Income | The following tables present the reclassified components of accumulated other comprehensive income (“AOCI”) as of and for the periods shown:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30, |  |
(Dollars in thousands) |  | 2024 |  | 2023 |  | 2024 |  | 2023 |  |
Details about AOCI components |  | Amount reclassified from AOCI |  | Amount reclassified from AOCI |  | Amount reclassified from AOCI |  | Amount reclassified from AOCI |  | Affected income statement line item
Available-for-sale securities |  |  |  |  |  |  |  |  |  |
Realized gain (loss) recognized in income |  | $ | — |  |  | $ | — |  |  | $ | 658 |  |  | $ | (1,536) |  |  | Gain (loss) on sale of available-for-sale securities
Income tax effect |  | — |  |  | — |  |  | (158) |  |  | 369 |  |  | Income taxes
Realized gain (loss) recognized in income, net of tax |  | — |  |  | — |  |  | 500 |  |  | (1,167) |  |  |
Defined benefit pension plan items |  |  |  |  |  |  |  |  |  |
Amortization of net actuarial loss |  | (43) |  |  | $ | (29) |  |  | $ | (129) |  |  | $ | (87) |  |  | Salaries and employee benefits
Income tax effect |  | 10 |  |  | 7 |  |  | 30 |  |  | 21 |  |  | Income taxes
Defined benefit pension plan items, net of tax |  | (33) |  |  | (22) |  |  | (99) |  |  | (66) |  |  |
Investment hedge |  |  |  |  |  |  |  |  |  |
Carrying value adjustment |  | — |  |  | — |  |  | — |  |  | 289 |  |  | Interest on investment securities
Income tax effect |  | — |  |  | — |  |  | — |  |  | (69) |  |  | Income taxes
Investment hedge, net of tax |  | — |  |  | — |  |  | — |  |  | 220 |  |  |
Total reclassifications |  | $ | (33) |  |  | $ | (22) |  |  | $ | 401 |  |  | $ | (1,013) |  |  |
Schedule of Accumulated Other Comprehensive Income |
(Dollars in thousands) |  | Unrealized gains (losses) on available for-sale securities |  | Defined benefit pension plan items |  | Investment hedge |  | Total
Balance at June 30, 2024 |  | $ | (26,176) |  |  | $ | (2,244) |  |  | $ | 34 |  |  | $ | (28,386) |
Other comprehensive income (loss) before reclassification |  | 6,271 |  |  | (377) |  |  | — |  |  | 5,894 |
Amounts reclassified from accumulated other comprehensive income (loss) |  | — |  |  | 33 |  |  | — |  |  | 33 |
Net current period other comprehensive income (loss) |  | 6,271 |  |  | (344) |  |  | — |  |  | 5,927 |
Balance at September 30, 2024 |  | $ | (19,905) |  |  | $ | (2,588) |  |  | $ | 34 |  |  | $ | (22,459) |
Balance at December 31, 2023 |  | $ | (25,871) |  |  | $ | (2,994) |  |  | $ | 34 |  |  | $ | (28,831) |
Other comprehensive income (loss) before reclassification |  | 6,466 |  |  | 307 |  |  | — |  |  | 6,773 |
Amounts reclassified from accumulated other comprehensive income (loss) |  | (500) |  |  | 99 |  |  | — |  |  | (401) |
Net current period other comprehensive income (loss) |  | 5,966 |  |  | 406 |  |  | — |  |  | 6,372 |
Balance at September 30, 2024 |  | $ | (19,905) |  |  | $ | (2,588) |  |  | $ | 34 |  |  | $ | (22,459) |
Balance at June 30, 2023 |  | $ | (31,674) |  |  | $ | (2,824) |  |  | $ | 34 |  |  | $ | (34,464) |
Other comprehensive income (loss) before reclassification |  | (5,885) |  |  | 76 |  |  | — |  |  | (5,809) |
Amounts reclassified from accumulated other comprehensive income (loss) |  | — |  |  | 22 |  |  | — |  |  | 22 |
Net current period other comprehensive income (loss) |  | (5,885) |  |  | 98 |  |  | — |  |  | (5,787) |
Balance at September 30, 2023 |  | $ | (37,559) |  |  | $ | (2,726) |  |  | $ | 34 |  |  | $ | (40,251) |
Balance at December 31, 2022 |  | $ | (34,829) |  |  | $ | (3,129) |  |  | $ | 254 |  |  | $ | (37,704) |
Other comprehensive income (loss) before reclassification |  | (3,897) |  |  | 337 |  |  | — |  |  | (3,560) |
Amounts reclassified from accumulated other comprehensive income (loss) |  | 1,167 |  |  | 66 |  |  | (220) |  |  | 1,013 |
Net current period other comprehensive income (loss) |  | (2,730) |  |  | 403 |  |  | (220) |  |  | (2,547) |
Balance at September 30, 2023 |  | $ | (37,559) |  |  | $ | (2,726) |  |  | $ | 34 |  |  | $ | (40,251) |

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