Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2025

The following table presents the changes in the components of Accumulated Other Comprehensive Income, or the AOCI, for the quarters ended March 31, 2025 and 2024:


	March 31, 2025
	(dollars in thousands)
	Unrealized gains (losses) on available-for-sale securities, net		Total Accumulated OCI Balance
Balance as of December 31, 2024	$	159,449	$	159,449
OCI before reclassifications	(1,679)		(1,679)
Amounts reclassified from AOCI	—		—
Net current period OCI	(1,679)		(1,679)
Balance as of March 31, 2025	$	157,770	$	157,770


	March 31, 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	(221)		(221)
Amounts reclassified from AOCI	—		—
Net current period OCI	(221)		(221)
Balance as of March 31, 2024	$	185,447	$	185,447

There were no amounts reclassified from AOCI during the quarters ended March 31, 2025 and 2024.