OTHER COMPREHENSIVE INCOME (Tables)

3 Months Ended

Mar. 31, 2025

OTHER COMPREHENSIVE INCOME

Schedule of OCI components and related tax effects

	Three Months Ended
	March 31,
(in thousands)	2025		2024
Available-for-Sale Debt Securities:
Unrealized gain on AFS debt securities	$	4,917	$	649
Net gains		4,917		649
Income tax expense related to items of other comprehensive income		(1,230)		(163)
Net of tax	$	3,687	$	486
Derivatives:
Change in fair value of derivatives		(1,440)		—
Reclassification amount for net derivative losses realized in income		(46)		—
Net losses		(1,486)		—
Tax effect		372		—
Net of tax		(1,114)		—
Total other comprehensive income components, net of tax	$	2,573	$	486

Schedule of the AOCI balances, net of tax

			Change
(in thousands)	December 31, 2024		Three Months Ended March 31, 2025		March 31, 2025
Unrealized gain (loss) on AFS debt securities	$	(13,753)	$	3,687	$	(10,066)
Unrealized loss on derivatives		(485)		(1,114)		(1,599)
Total unrealized gain (loss)	$	(14,238)	$	2,573	$	(11,665)

			Change
(in thousands)	December 31, 2023		Three Months Ended March 31, 2024		March 31, 2024
Unrealized gain (loss) on AFS debt securities	$	(20,408)	$	486	$	(19,922)
Total unrealized gain (loss)	$	(20,408)	$	486	$	(19,922)