v3.26.1
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
6 Months Ended
Jun. 30, 2026
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)  
Schedule of tax effects allocated to each component of Other Comprehensive Income (Loss)

The following tables present the tax effects allocated to each component of Other Comprehensive Income (Loss) (in thousands):

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

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​

​

June 30, 2026

  ​ ​

June 30, 2025

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​

​

Before

​

Tax

​

After

​

Before

​

Tax

​

After

  ​ ​ ​ ​

​

​

Tax

​

Effect

​

Tax

​

Tax

​

Effect

​

Tax

​

Unrealized gain (loss) arising on AFS securities

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Unrealized gain (loss) arising during the period

​

$

(2,663)

​

$

798

​

$

(1,865)

​

$

4,386

​

$

(1,314)

​

$

3,072

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Unrealized gain (loss) arising on cash flow hedges

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Unrealized gain (loss) arising during the period

​

​

2,933

​

​

(879)

​

​

2,054

​

​

(1,937)

​

​

580

​

​

(1,357)

​

Total other comprehensive income (loss)

​

$

270

​

$

(81)

​

$

189

​

$

2,449

​

$

(734)

​

$

1,715

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Six months ended

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​

June 30, 2026

  ​ ​

June 30, 2025

​

​

Before

​

Tax

​

After

​

Before

​

Tax

​

After

​

​

Tax

​

Effect

​

Tax

​

Tax

​

Effect

​

Tax

Unrealized gain (loss) arising on AFS securities

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Unrealized gain (loss) arising during the period

​

$

(6,766)

​

$

2,028

​

$

(4,738)

​

$

14,368

​

$

(4,306)

​

$

10,062

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Unrealized gain (loss) arising on cash flow hedges

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Unrealized gain (loss) arising during the period

​

$

7,427

​

$

(2,226)

​

$

5,201

​

$

(2,501)

​

$

749

​

$

(1,752)

Reclassification adjustment for gain included in net income

​

​

331

​

​

(99)

​

​

232

​

​

(911)

​

​

280

​

​

(631)

Net Change

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​

7,758

​

​

(2,325)

​

​

5,433

​

​

(3,412)

​

​

1,029

​

​

(2,383)

Total other comprehensive income (loss)

​

$

992

​

$

(297)

​

$

695

​

$

10,956

​

$

(3,277)

​

$

7,679

Schedule of after-tax changes in the balances of each component of Accumulated Other Comprehensive Income (Loss)

The following tables present the after-tax changes in the balances of each component of Accumulated Other Comprehensive Income (Loss) at the dates indicated (in thousands):

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Total

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​

​

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​

Accumulated

​

​

​

​

​

​

Other

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​

AFS

​

Cash Flow

​

Comprehensive

​

​

Securities

​

Hedge

​

Income (Loss)

​

​

​

​

​

​

​

​

​

​

Balance at April 1, 2026

​

$

(39,807)

​

$

574

​

$

(39,233)

Other comprehensive income (loss), net of tax

​

​

(1,865)

​

​

2,054

​

​

189

Balance at June 30, 2026

​

$

(41,672)

​

$

2,628

​

$

(39,044)

​

​

​

​

​

​

​

​

​

​

Balance at April 1, 2025

​

$

(46,341)

​

$

(829)

​

$

(47,170)

Other comprehensive income (loss), net of tax

​

​

3,072

​

​

(1,357)

​

​

1,715

Balance at June 30, 2025

​

$

(43,269)

​

$

(2,186)

​

$

(45,455)

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​

​

​

​

​

​

​

​

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​

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Total

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Accumulated

​

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​

​

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Other

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​

AFS

​

Cash Flow

​

Comprehensive

​

​

Securities

​

Hedge

​

Income (Loss)

Balance at January 1, 2026

​

$

(36,934)

​

$

(2,805)

​

$

(39,739)

Unrealized gain (loss) arising during the period, net of tax

​

​

(4,738)

​

​

5,201

​

​

463

Reclassification adjustment for (gain) loss included in net income, net of tax

​

​

—

​

​

232

​

​

232

Other comprehensive income (loss), net of tax

​

​

(4,738)

​

​

5,433

​

​

695

Balance at June 30, 2026

​

$

(41,672)

​

$

2,628

​

$

(39,044)

​

​

​

​

​

​

​

​

​

​

Balance at January 1, 2025

​

$

(53,331)

​

$

197

​

$

(53,134)

Unrealized gain (loss) arising during the period, net of tax

​

​

10,062

​

​

(1,752)

​

​

8,310

Reclassification adjustment for gain included in net income, net of tax

​

​

—

​

​

(631)

​

​

(631)

Other comprehensive income (loss), net of tax

​

​

10,062

​

​

(2,383)

​

​

7,679

Balance at June 30, 2025

​

$

(43,269)

​

$

(2,186)

​

$

(45,455)

Schedule of table shows the amounts reclassified out of AOCI for the realized gain on cash flow hedges

The following table shows the amounts reclassified out of AOCI for the realized gain on cash flow hedges (in thousands):

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Affected line item in

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Three months ended

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Six months ended

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the Consolidated Statements

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June 30, 

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June 30, 

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of Operations

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2026

​

2025

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2026

​

2025

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​

  ​

​

Realized gain (loss) on derivative cash flow hedges

​

$

—

​

$

—

  ​

$

(331)

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$

911

​

​

​

Deposit related program fees and Interest expense

Income tax (expense) benefit

​

​

—

​

​

—

​

​

99

​

​

(280)

​

​

​

Income tax expense

Total reclassifications, net of income tax

​

$

—

​

$

—

​

$

(232)

​

$

631

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​

​

​