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Other comprehensive income (loss)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Other comprehensive income (loss)

Note 13. Other Comprehensive Income (Loss)

The changes in each component of accumulated other comprehensive income (loss), presented net of tax, were as follows (in thousands):

    

Three Months Ended June 30, 2024

    

    

    

Accumulated

Securities

Securities

Fair Value

Other

Available-for-

Transferred to

Municipal

Cash Flow

Comprehensive

    

Sale

    

Held-to-Maturity

    

Security Hedges

    

Hedges

    

Income (Loss)

Beginning balance, March 31, 2024

 

$

(26,122)

$

(606)

$

(6)

$

(691)

$

(27,425)

 

Other comprehensive income (loss)

 

1,482

 

(14)

68

 

1,536

Reclassification of amounts included in net income

 

24

 

105

(38)

 

91

Net other comprehensive income (loss) during period

 

1,482

24

 

91

 

30

 

1,627

Ending balance, June 30, 2024

$

(24,640)

$

(582)

$

85

$

(661)

$

(25,798)

    

Three Months Ended June 30, 2023

    

    

    

Accumulated

Securities

Securities

Fair Value

Other

Available-for-

Transferred to

Municipal

Cash Flow

Comprehensive

    

Sale

    

Held-to-Maturity

    

Security Hedges

    

Hedges

    

Income (Loss)

Beginning balance, March 31, 2023

$

(27,478)

$

(712)

$

$

(430)

$

(28,620)

Other comprehensive income (loss)

 

(5,654)

 

(837)

 

(6,491)

Reclassification of amounts included in net income

 

28

 

66

 

94

Net other comprehensive income (loss) during period

 

(5,654)

28

 

 

(771)

 

(6,397)

Ending balance, June 30, 2023

$

(33,132)

$

(684)

$

$

(1,201)

$

(35,017)

Six Months Ended June 30, 2024

    

    

    

Accumulated

Securities

Securities

Fair Value

Other

Available-for-

Transferred to

Municipal

Cash Flow

Comprehensive

    

Sale

    

Held-to-Maturity

    

Security Hedges

    

Hedges

    

Income (Loss)

Beginning balance, December 31, 2023

 

$

(23,818)

$

(632)

$

(397)

$

(1,060)

$

(25,907)

 

Other comprehensive income (loss)

 

(822)

 

298

466

 

(58)

Reclassification of amounts included in net income

 

50

 

184

(67)

 

167

Net other comprehensive income (loss) during period

 

(822)

50

 

482

 

399

 

109

Ending balance, June 30, 2024

$

(24,640)

$

(582)

$

85

$

(661)

$

(25,798)

Six Months Ended June 30, 2023

    

    

    

Accumulated

Securities

Securities

Fair Value

Other

Available-for-

Transferred to

Municipal

Cash Flow

Comprehensive

    

Sale

    

Held-to-Maturity

    

Security Hedges

    

Hedges

    

Income (Loss)

Beginning balance, December 31, 2022

$

(33,616)

$

(742)

$

$

(966)

$

(35,324)

Other comprehensive income (loss)

 

484

 

(306)

 

178

Reclassification of amounts included in net income

 

58

 

71

 

129

Net other comprehensive income (loss) during period

 

484

58

 

 

(235)

 

307

Ending balance, June 30, 2023

$

(33,132)

$

(684)

$

$

(1,201)

$

(35,017)