v3.26.1
Accumulated Other Comprehensive Income
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Accumulated Other Comprehensive Income Accumulated Other Comprehensive Income
The following table provides the change in AOCI by component:
(in thousands)Cash Flow HedgesAvailable-for-Sale SecuritiesHeld-to-Maturity SecuritiesTotal
Three Months Ended March 31, 2026
Beginning balance$3,100 $(36,563)$(31,122)$(64,585)
Change in unrealized gain/(loss)(12,122)(19,206)— (31,328)
Amounts reclassified into net income1,039 — 1,518 2,557 
Total other comprehensive income/(loss)
(11,083)(19,206)1,518 (28,771)
Income tax expense/(benefit)
(2,549)(4,417)349 (6,617)
Total other comprehensive income/(loss), net of tax
(8,534)(14,789)1,169 (22,154)
Ending balance$(5,434)$(51,352)$(29,953)$(86,739)
Three Months Ended March 31, 2025
Beginning balance$(15,275)$(131,531)$(36,301)$(183,107)
Change in unrealized gain/(loss)658 49,621 — 50,279 
Amounts reclassified into net income8,714 — 1,645 10,359 
Total other comprehensive income
9,372 49,621 1,645 60,638 
Income tax expense
2,117 11,204 372 13,693 
Total other comprehensive income, net of tax
7,255 38,417 1,273 46,945 
Ending balance$(8,020)$(93,114)$(35,028)$(136,162)