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Note 21 - Other Comprehensive Income (Loss) - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Change in fair value $ 19,497 $ (19,075) $ 14,899 $ (23,782)
Change in fair value (4,894) 4,789 (3,740) 5,970
Change in fair value 14,603 (14,286) 11,159 (17,812)
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1) [1] 66 80 207 251
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1) [1] (16) (20) (52) (63)
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1) [1] 50 60 155 188
Less: reclassification adjustment for net realized losses (2) [2] 0 0 0 0
Less: reclassification adjustment for net realized losses (2) [2] 0 0 0 0
Less: reclassification adjustment for net realized losses (2) [2] 0 0 0 0
Net change 19,431 (19,155) 14,692 (24,033)
Net change (4,878) 4,809 (3,688) 6,033
Net change 14,553 (14,346) 11,004 (18,000)
Change in fair value (616) 1,216 625 1,216
Change in fair value 706 305 (22) 305
Change in fair value 90 911 647 911
Change in fair value (706) (305) 22 (305)
Less: reclassified AOCI gain (loss) into interest expense (3) [3] 253 205 785 205
Less: reclassified AOCI gain (loss) into interest expense (3) [3] (64) (51) (197) (51)
Less: reclassified AOCI gain (loss) into interest expense (3) [3] 189 154 588 154
Net change (869) 1,011 (160) 1,011
Net change 770 (254) 219 (254)
Net change (99) 757 59 757
Change in fair value (3,068) 1,133 (872) 3,206
Change in fair value 219 (285) 40 (805)
Change in fair value (2,849) 848 (832) 2,401
Less: reclassified AOCI gain (loss) into interest expense (4) [4] 0 0 0 0
Less: reclassified AOCI gain (loss) into interest expense (4) [4] 0 0 0 0
Less: reclassified AOCI gain (loss) into interest expense (4) [4] 0 0 0 0
Net change (3,068) 1,133 (872) 3,206
Net change 219 (285) 40 (805)
Net change (2,849) 848 (832) 2,401
Other comprehensive income (loss) 15,494 (17,011) 13,660 (19,816)
Other comprehensive income (loss) (3,889) 4,270 (3,429) 4,974
Other comprehensive income (loss) 11,605 (12,741) 10,231 (14,842)
Balance at June 30, 2024     (73,655)  
Balance at September 30, 2024 (63,424)   (63,424)  
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]        
Other comprehensive income (loss) [5] 14,553 (14,346) 11,004 (18,000)
Balance at June 30, 2024 [5] (76,707) (102,201) (73,158) (98,547)
Other comprehensive income (loss) before reclassifications [5] 14,603 (14,286) 11,159 (17,812)
Less: Amounts reclassified from AOCI [5] 50 60 155 188
Balance at September 30, 2024 [5] (62,154) (116,547) (62,154) (116,547)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]        
Other comprehensive income (loss) [5] (99) 757 59 757
Balance at June 30, 2024 [5] (79) 0 (237) 0
Other comprehensive income (loss) before reclassifications [5] 90 911 647 911
Less: Amounts reclassified from AOCI [5] 189 154 588 154
Balance at September 30, 2024 [5] (178) 757 (178) 757
AOCI, Derivative Qualifying as Hedge, Excluded Component, Parent [Member]        
Other comprehensive income (loss) [5] (2,849) 848 (832) 2,401
Balance at June 30, 2024 [5] 1,757 1,459 (260) (94)
Other comprehensive income (loss) before reclassifications [5] (2,849) 848 (832) 2,401
Less: Amounts reclassified from AOCI [5] 0 0 0 0
Balance at September 30, 2024 [5] (1,092) 2,307 (1,092) 2,307
AOCI Attributable to Parent [Member]        
Other comprehensive income (loss) [5] 11,605 (12,741) 10,231 (14,842)
Balance at June 30, 2024 [5] (75,029) (100,742) (73,655) (98,641)
Other comprehensive income (loss) before reclassifications [5] 11,844 (12,527) 10,974 (14,500)
Less: Amounts reclassified from AOCI [5] 239 214 743 342
Balance at September 30, 2024 [5] $ (63,424) $ (113,483) $ (63,424) $ (113,483)
[1] Reclassified into taxable and/or exempt from federal income taxes interest income on investment securities on the consolidated statements of income. Refer to “NOTE 4 Investment Securities” for further details.
[2] Reclassified into net gains (losses) on investment securities in the consolidated statements of income. Refer to “NOTE 4 Investment Securities” for further details.
[3] Reclassified into interest expense on short-term borrowings on the consolidated statements of income. Refer to “NOTE 19 Derivative Instruments” for further details.
[4] Reclassified into interest income on loans, including fees and/or interest income on taxable investment securities on the consolidated statements of income. Refer to “NOTE 19 Derivative Instruments” for further details.
[5] All amounts net of tax.