ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

12 Months Ended

Dec. 31, 2024

ACCUMULATED OTHER COMPREHENSIVE INCOME

Components of Accumulated Other Comprehensive Income (Loss)

The following tables show changes in accumulated other comprehensive income by component, net of tax, for the years ending December 31, 2024 and 2023:

			Unrealized		Unrealized
	Gains		Gains		Gains
(Dollars in thousands)	(Losses) on		(Losses) on		(Losses) on
	Cash Flow		AFS		HTM
December 31, 2024	Hedges		Securities		Securities		Total
Beginning balance, December 31, 2023	$	—	$	(6,454)	$	(32,186)	$	(38,640)
Current period other comprehensive income:
Other comprehensive income before reclassification		—		1,521		—		1,521
Amounts reclassified from accumulated other comprehensive income		—		—		3,799		3,799
Net current period other comprehensive income		—		1,521		3,799		5,320
Ending balance, December 31, 2024	$	—	$	(4,933)	$	(28,387)	$	(33,320)

			Unrealized		Unrealized
	Gains		Gains		Gains
(Dollars in thousands)	(Losses) on		(Losses) on		(Losses) on
	Cash Flow		AFS		HTM
December 31, 2023	Hedges		Securities		Securities		Total
Beginning balance, December 31, 2022	$	211	$	(6,161)	$	(35,917)	$	(41,867)
Current period other comprehensive income (loss):
Other comprehensive income before reclassification		1		(293)		—		(292)
Amounts reclassified from accumulated other comprehensive income (loss)		(212)		—		3,731		3,519
Net current period other comprehensive income (loss)		(211)		(293)		3,731		3,227
Ending balance, December 31, 2023	$	—	$	(6,454)	$	(32,186)	$	(38,640)

Schedule of reclassification out of each component of accumulated other comprehensive income

The following table shows significant amounts reclassified out of each component of accumulated other comprehensive income for the year ending December 31, 2024:

(Dollars in thousands)
Details About Accumulated Other Comprehensive Loss Components	Amount Reclassified From Accumulated Other Comprehensive Loss		Affected Line Item in the Consolidated Statements of Income
Unrealized gains and losses on securities
Amortization of unrealized losses on held to maturity securities	$	4,847
Total before tax		4,847
Tax effect		(1,048)	Income tax provision (benefit)
Total reclassifications for the period, net of tax	$	3,799

The following table shows significant amounts reclassified out of each component of accumulated other comprehensive income for the year ending December 31, 2023:

(Dollars in thousands)
Details About Accumulated Other Comprehensive Loss Components	Amount Reclassified From Accumulated Other Comprehensive Loss		Affected Line Item in the Consolidated Statements of Income
Unrealized gains and losses on securities
Amortization of unrealized losses on held to maturity securities	$	4,767
Total before tax		4,767
Tax effect		(1,036)	Income tax provision (benefit)
Net of tax		3,731
Unrealized gains and losses on cash flow hedges
Realized gains on cash flow hedges		(269)	Short-term borrowings and repurchase agreements
Total before tax		(269)
Tax effect		57	Income tax provision (benefit)
Net of tax		(212)
Total reclassifications for the period, net of tax	$	3,519