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Stockholders' Equity and Earnings per Common Share (Tables)
3 Months Ended
Mar. 31, 2025
Stockholders' Equity and Earnings Per Common Share [Abstract]  
Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss), by Category
The following table presents amounts reclassified out of accumulated other comprehensive income (loss), by category, during the three months ended March 31, 2025 and 2024, respectively.

   
Three Months Ended
   
   
March 31,
 
Affected Line Item on
Consolidated Statement of Income
(dollars in thousands)
 
2025
   
2024
 
Sale of securities
                               
Realized loss on sale of securities
 
$
(176
)
 
$
-
 
Loss on sale of securities, net
Tax effect
   
37
     
-
 
Income tax benefit
   
$
(139
)
 
$
-
   
Changes in Accumulated Other Comprehensive Income (Loss), by Category
The following tables present the changes in accumulated other comprehensive income (loss), by category, net of tax, for the periods indicated:

(dollars in thousands)
 
Unrealized Gains
(Losses) on Available-
for-Sale Securities
   
Accumulated Other
Comprehensive (Loss)
Income
 
Three Months Ended March 31, 2025
           
Balance at beginning of period
 
$
(17,132
)
 
$
(17,132
)
Net other comprehensive income
   
1,664
     
1,664
 
Balance at end of period
 
$
(15,468
)
 
$
(15,468
)
                 
Three Months Ended March 31, 2024
               
Balance at beginning of period
 
$
(17,530
)
 
$
(17,530
)
Net other comprehensive loss
   
(268
)
   
(268
)
Balance at end of period
 
$
(17,798
)
 
$
(17,798
)
Component of Accumulated Other Comprehensive Income (Loss) on Pre-Tax and After-Tax
The following tables present the change in each component of accumulated other comprehensive income (loss) on a pre-tax and after-tax basis for the periods indicated:

   
Three Months Ended March 31, 2025
 
(dollars in thousands)
 
Pretax
   
Tax
   
Net-of-Tax
 
Unrealized gains on available-for-sale securities:
                 
Unrealized holding gains arising during the period
 
$
2,282
   
$
(479
)
 
$
1,803
 
Reclassification adjustment for net losses recognized in income
    (176 )     37       (139 )
 
    2,106       (442 )     1,664  
                         
Total change in accumulated other comprehensive loss, net
 
$
2,106
   
$
(442
)
 
$
1,664
 

   
Three Months Ended March 31, 2024
 
(dollars in thousands)
 
Pretax
   
Tax
   
Net-of-Tax
 
Unrealized losses on available-for-sale securities:
                 
Unrealized holding losses arising during the period
 
$
(339
)
 
$
71
   
$
(268
)
      (339 )     71       (268 )
                         
Total change in accumulated other comprehensive loss, net
 
$
(339
)
 
$
71
   
$
(268
)