ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Jun. 30, 2024

Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent, Alternative [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 14. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables present changes in AOCI by component, net of tax, for the periods indicated (dollars in thousands):

	Three Months Ended June 30,
	2024						2023
	Before Tax		Tax Effect		Net of Tax		Before Tax		Tax Effect		Net of Tax
Unrealized/Unrecognized gains (losses) on debt securities
Balance at beginning of period	$	(282,422)	$	80,504	$	(201,918)	$	(320,496)	$	91,354	$	(229,142)
Unrealized holding gains (losses) on debt securities available for sale, net	1,685		(480)		1,205		(16,597)		4,731		(11,866)
Amounts reclassified from AOCI, net	4		(1)		3		178		(51)		127
Amortization of unrecognized losses on securities transferred to held to maturity	1,399		(399)		1,000		1,556		(443)		1,113
Balance at end of period	$	(279,334)	$	79,624	$	(199,710)	$	(335,359)	$	95,591	$	(239,768)
Unrealized gains (losses) on cash flow hedges
Balance at beginning of period	$	(28,353)	$	8,081	$	(20,272)	$	(23,277)	$	6,635	$	(16,642)
Unrealized holding gains (losses) on cash flow hedges, net	(2,791)		795		(1,996)		(8,442)		2,406		(6,036)
Amounts reclassified from AOCI, net	2,311		(659)		1,652		2,133		(608)		1,525
Balance at end of period	$	(28,833)	$	8,217	$	(20,616)	$	(29,586)	$	8,433	$	(21,153)
Total AOCI	$	(308,167)	$	87,841	$	(220,326)	$	(364,945)	$	104,024	$	(260,921)

	Six Months Ended June 30,
	2024						2023
	Before Tax		Tax Effect		Net of Tax		Before Tax		Tax Effect		Net of Tax
Unrealized/Unrecognized gains (losses) on debt securities
Balance at beginning of period	$	(282,688)	$	80,579	$	(202,109)	$	(352,878)	$	100,585	$	(252,293)
Unrealized holding gains (losses) on debt securities available for sale, net	(6,262)		1,786		(4,476)		14,096		(4,018)		10,078
Unrecognized losses on debt securities transferred to held to maturity from available for sale	—		—		—		—		—		—
Amounts reclassified from AOCI, net	6,806		(1,940)		4,866		174		(50)		124
Amortization of unrecognized losses on securities transferred to held to maturity	2,810		(801)		2,009		3,249		(926)		2,323
Balance at end of period	$	(279,334)	$	79,624	$	(199,710)	$	(335,359)	$	95,591	$	(239,768)
Unrealized gains (losses) on cash flow hedges
Balance at beginning of period	$	(23,348)	$	6,654	$	(16,694)	$	(29,350)	$	8,365	$	(20,985)
Unrealized holding gains (losses) on cash flow hedges, net	(10,109)		2,881		(7,228)		(4,178)		1,192		(2,986)
Amounts reclassified from AOCI, net	4,624		(1,318)		3,306		3,942		(1,124)		2,818
Balance at end of period	$	(28,833)	$	8,217	$	(20,616)	$	(29,586)	$	8,433	$	(21,153)
Total AOCI	$	(308,167)	$	87,841	$	(220,326)	$	(364,945)	$	104,024	$	(260,921)