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Note 27 - Other Comprehensive Income (Loss) - Schedule of Comprehensive Income (Loss) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Change in fair value, pre-tax amount $ (485) $ 58,868 $ (125,634)
Change in fair value, tax expense (benefit) 122 (14,775) 31,534
Change in fair value, after-tax amount (363) 44,093 (94,100)
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1), pre-tax amount [1] 271 328 382
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1), tax expense (benefit) [1] 68 82 96
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1), after-tax amount [1] 203 246 286
Less: reclassification adjustment for net realized losses (2), pre-tax amount [2] 0 24,643 0
Less: reclassification adjustment for net realized losses (2), tax expense (benefit) [2] 0 (6,185) 0
Less: reclassification adjustment for net realized losses (2), after-tax amount [2] 0 18,458 0
Net change, pre-tax amount (756) 33,897 (126,016)
Net change, tax expense (benefit) 190 (8,508) 31,630
Net change, after-tax amount (566) 25,389 (94,386)
Change in fair value, pre-tax amount 1,474 176 0
Change in fair value, tax expense (benefit) (370) (59) 0
Change in fair value, after-tax amount 1,104 117 0
Less: reclassified AOCI gain (loss) into interest expense (3), pre-tax amount [3] (721) 473 0
Less: reclassified AOCI gain (loss) into interest expense (3), tax expense (benefit) [3] (181) (119) 0
Less: reclassified AOCI gain (loss) into interest expense (3), after-tax amount [3] 540 354 0
Net change, pre-tax amount 753 (297) 0
Net change, tax expense (benefit) (189) 60 0
Net change, after-tax amount 564 (237) 0
Change in fair value, pre-tax amount 389 (241) 0
Change in fair value, tax expense (benefit) (98) 75 0
Change in fair value, after-tax amount 291 (166) 0
Less: reclassified AOCI gain (loss) into interest expense (4), pre-tax amount [4] 0 0 0
Less: reclassified AOCI gain (loss) into interest expense (4), tax expense (benefit) [4] 0 0 0
Less: reclassified AOCI gain (loss) into interest expense (4), after-tax amount [4] 0 0 0
Net change, pre-tax amount 389 (241) 0
Net change, tax expense (benefit) (98) 75 0
Net change, after-tax amount 291 (166) 0
Total other comprehensive income (loss), before tax 386 33,359 (126,016)
Other comprehensive income (loss), tax expense (benefit) (97) (8,373) 31,630
Other comprehensive income (loss), net of tax $ 289 $ 24,986 $ (94,386)
[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 5 Investment Securities” for further details.
[2] Reclassified into net gains (losses) on investment securities in the consolidated statements of income. Refer to “NOTE 5 Investment Securities” for further details.
[3] Reclassified into interest expense on short-term borrowings on the consolidated statements of income. Refer to “NOTE 25 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 25 Derivative Instruments” for further details.