Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2024

Equity [Abstract]

Schedule of Components of AOCI

The following table presents the changes in the components of Accumulated Other Comprehensive Income, or the AOCI, for the nine months ended September 30, 2024 and 2023:

	September 30, 2024
	(dollars in thousands)
	Unrealized gains (losses) on available-for-sale securities, net		Total Accumulated OCI Balance
Balance as of December 31, 2023	$	185,668	$	185,668
OCI before reclassifications	(2,022)		(2,022)
Amounts reclassified from AOCI	—		—
Net current period OCI	(2,022)		(2,022)
Balance as of September 30, 2024	$	183,646	$	183,646

	September 30, 2023
	(dollars in thousands)
	Unrealized gains (losses) on available-for-sale securities, net		Total Accumulated OCI Balance
Balance as of December 31, 2022	$	229,345	$	229,345
OCI before reclassifications	(49,431)		(49,431)
Amounts reclassified from AOCI	1,313		1,313
Net current period OCI	(48,118)		(48,118)
Balance as of September 30, 2023	$	181,227	$	181,227