Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2025

Other Comprehensive Income [Abstract]

Other Comprehensive Income (Loss)

Note 21 – Other Comprehensive Income (Loss)

The table below presents the components of other comprehensive income (loss).

(dollars in thousands)	Before Tax		Tax Effect		Net of Tax
Year Ended December 31, 2025
Unrealized gain (loss) on securities available-for-sale	$	59,119	$	(14,274)	$	44,845
Reclassification adjustment for (gain) loss on fair value hedging relationships	(108)		—		(108)
Reclassification adjustment for net realized (gain) loss included in net income (loss)	3,823		(1,194)		2,629
Total unrealized gain (loss) on securities available-for-sale	62,834		(15,468)		47,366
Amortization of unrealized gain (loss) on securities transferred to held-to-maturity	6,346		(1,464)		4,882
Total unrealized gain (loss) on securities held-to-maturity	6,346		(1,464)		4,882
Unrealized gain (loss) on derivatives	36		(9)		27
Reclassification adjustment for (gain) loss on cash flow hedging relationships	51		(12)		39
Total unrealized gain (loss) on derivatives	87		(21)		66
Other comprehensive income (loss)	$	69,267	$	(16,953)	$	52,314
Year Ended December 31, 2024
Unrealized gain (loss) on securities available-for-sale	$	20,417	$	(5,011)	$	15,406
Reclassification adjustment for net realized (gain) loss included in net income (loss)	(14)		2		(12)
Total unrealized gain (loss) on securities available-for-sale	20,403		(5,009)		15,394
Amortization of unrealized gain (loss) on securities transferred to held-to-maturity	6,889		(1,599)		5,290
Unrealized gain (loss) on derivatives	265		(65)		200
Other comprehensive income (loss)	$	27,557	$	(6,673)	$	20,884
Year Ended December 31, 2023
Unrealized gain (loss) on securities available-for-sale	$	43,293	$	(10,774)	$	32,519
Reclassification adjustment for net realized (gain) loss included in net income (loss)	11		(3)		8
Total unrealized gain (loss) on securities available-for-sale	43,304		(10,777)		32,527
Amortization of unrealized gain (loss) on securities transferred to held-to-maturity	7,412		(2,607)		4,805
Unrealized gain (loss) on derivatives	(182)		—		(182)
Other comprehensive income (loss)	$	50,534	$	(13,384)	$	37,150

The table below presents the changes in each component of accumulated other comprehensive income (loss), net of tax.

(dollars in thousands)	Available-for-Sale Securities		Held-to-Maturity Securities		Derivatives		Accumulated Other Comprehensive Income (Loss)
For the Year Ended December 31, 2025
Balance at beginning of period	$	(106,852)	$	(34,639)	$	18	$	(141,473)
Other comprehensive income (loss) before reclassifications	44,845		—		27		44,872
Amortization of unrealized loss on securities transferred to held-to-maturity	—		4,882		—		4,882
Amounts reclassified from accumulated other comprehensive income (loss)	2,521		—		39		2,560
Net other comprehensive income (loss) during period	47,366		4,882		66		52,314
Balance at end of period	$	(59,486)	$	(29,757)	$	84	$	(89,159)
For the Year Ended December 31, 2024
Balance at beginning of period	$	(122,246)	$	(39,929)	$	(182)	$	(162,357)
Other comprehensive income (loss) before reclassifications	15,406		—		200		15,606
Amortization of unrealized loss on securities transferred to held-to-maturity	—		5,290				5,290
Amounts reclassified from accumulated other comprehensive income (loss)	(12)		—		—		(12)
Net other comprehensive income (loss) during period	15,394		5,290		200		20,884
Balance at end of period	$	(106,852)	$	(34,639)	$	18	$	(141,473)
Year Ended December 31, 2023
Balance at beginning of year	$	(154,773)	$	(44,734)	$	—	$	(199,507)
Other comprehensive income (loss) before reclassifications	32,519		—		(182)		32,337
Amortization of unrealized loss on securities transferred to held-to-maturity	—		4,805		—		4,805
Amounts reclassified from accumulated other comprehensive loss	8		—		—		8
Net other comprehensive income (loss) during period	32,527		4,805		(182)		37,150
Balance at end of year	$	(122,246)	$	(39,929)	$	(182)	$	(162,357)

The table below presents the amounts reclassified out of each component of accumulated other comprehensive income (loss).

	Amount Reclassified from Accumulated  Other Comprehensive Income (Loss)							Affected Line Item in the Statement Where Net Income (Loss) is Presented
		For the Year Ended December 31,
(dollars in thousands)		2025		2024		2023
Realized gain (loss) on sale of investment securities		$	(3,823)	$	14	$	(11)	Net gain (loss) on sale of investment securities
Gain (loss) on fair value hedging relationships - AFS securities		108		—		—		Interest income
Gain (loss) on cash flow hedging relationships - Loans		(51)		—		—		Interest income
Income tax benefit (expense)		1,206		(2)		3		Income tax expense
Total		$	(2,560)	$	12	$	(8)	Net Income (Loss)