v3.26.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME        
Net income $ 9,919 $ 10,633 $ 22,439 $ 19,734
Unrealized (loss) gain on securities:        
Unrealized holding (loss) gain arising during period [1] 1,039 315 (1,454) 3,810
Less: reclassification adjustment for gains included in net income [2]   (1)   (124)
Tax effect (307) (93) 430 (1,089)
Other comprehensive (loss) income, net of tax 732 221 (1,024) 2,597
Comprehensive income $ 10,651 $ 10,854 $ 21,415 $ 22,331
[1] Included in the unrealized holding gain arising during the period is the accretion of the net unrealized loss on debt securities transferred to held-to-maturity from available-for-sale of $0.5 million for both of the three months ended June 30, 2026 and 2025 and $1.0 million for the  six months ended June 30, 2026, and 2025.
[2] Amounts are included in net gains on investment securities available-for-sale on the Consolidated Statements of Income in noninterest income.  There were no income tax expenses  associated with the reclassification adjustment for the three months ended June 30, 2026, and 2025. Income tax expenses associated with the reclassification adjustment for the six months ended June 30, 2026, and 2025 were zero and $37 thousand, respectively.