| Change in Accumulated Other Comprehensive Income |
The change in AOCI for the three months ended March 31, 2025 is summarized as follows, net of tax (dollars in thousands):
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Unrealized Gains |
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(Losses) |
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Unrealized |
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for AFS |
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Unrealized |
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Gains (Losses) |
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Securities |
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Change in Fair |
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Gains |
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on AFS |
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Transferred to |
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Value of Cash |
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(Losses) on |
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Securities |
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HTM |
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Flow Hedge |
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BOLI |
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Total |
AOCI (loss) – December 31, 2024 |
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$ |
(317,142) |
|
$ |
— |
|
$ |
(43,078) |
|
$ |
534 |
|
$ |
(359,686) |
Other comprehensive (loss) income: |
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Other comprehensive income (loss) before reclassification |
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15,754 |
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— |
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|
10,336 |
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(10) |
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|
26,080 |
Amounts reclassified from AOCI into earnings |
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|
81 |
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|
— |
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|
— |
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(190) |
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|
(109) |
Net current period other comprehensive income (loss) |
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|
15,835 |
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— |
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|
10,336 |
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(200) |
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|
25,971 |
AOCI (loss) – March 31, 2025 |
|
$ |
(301,307) |
|
$ |
— |
|
$ |
(32,742) |
|
$ |
334 |
|
$ |
(333,715) |
The change in AOCI for the three months ended March 31, 2024 is summarized as follows, net of tax (dollars in thousands):
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Unrealized Gain |
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(Losses) |
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Unrealized |
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for AFS |
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Unrealized |
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Gains (Losses) |
|
Securities |
|
Change in Fair |
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Gains |
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|
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|
|
on AFS |
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Transferred to |
|
Value of Cash |
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(Losses) |
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|
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Securities |
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HTM |
|
Flow Hedge |
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on BOLI |
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Total |
AOCI (loss) – December 31, 2023 |
|
$ |
(302,532) |
|
$ |
6 |
|
$ |
(42,165) |
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$ |
1,342 |
|
$ |
(343,349) |
Other comprehensive (loss) income: |
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Other comprehensive loss before reclassification |
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(20,501) |
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— |
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(10,253) |
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(16) |
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|
(30,770) |
Amounts reclassified from AOCI into earnings |
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|
(2) |
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|
(2) |
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— |
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|
(175) |
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|
(179) |
Net current period other comprehensive loss |
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|
(20,503) |
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(2) |
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|
(10,253) |
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|
(191) |
|
|
(30,949) |
AOCI (loss) – March 31, 2024 |
|
$ |
(323,035) |
|
$ |
4 |
|
$ |
(52,418) |
|
$ |
1,151 |
|
$ |
(374,298) |
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