| Change in Accumulated Other Comprehensive Income |
The change in AOCI for the three and nine months ended September 30, 2025 is summarized as follows, net of tax (dollars in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Gains |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Losses) |
|
|
|
|
|
|
|
|
|
|
|
Unrealized |
|
for AFS |
|
|
|
|
Unrealized |
|
|
|
|
|
Gains (Losses) |
|
Securities |
|
Change in Fair |
|
Gains |
|
|
|
|
|
on AFS |
|
Transferred to |
|
Value of Cash |
|
(Losses) on |
|
|
|
|
|
Securities |
|
HTM |
|
Flow Hedge |
|
BOLI |
|
Total |
AOCI (loss) – June 30, 2025 |
|
$ |
(294,373) |
|
$ |
— |
|
$ |
(26,540) |
|
$ |
127 |
|
$ |
(320,786) |
Other comprehensive (loss) income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income before reclassification |
|
|
35,020 |
|
|
— |
|
|
2,863 |
|
|
— |
|
|
37,883 |
Amounts reclassified from AOCI into earnings |
|
|
(3) |
|
|
— |
|
|
— |
|
|
(202) |
|
|
(205) |
Net current period other comprehensive income (loss) |
|
|
35,017 |
|
|
— |
|
|
2,863 |
|
|
(202) |
|
|
37,678 |
AOCI (loss) – September 30, 2025 |
|
$ |
(259,356) |
|
$ |
— |
|
$ |
(23,677) |
|
$ |
(75) |
|
$ |
(283,108) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Gains |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Losses) |
|
|
|
|
|
|
|
|
|
|
|
Unrealized |
|
for AFS |
|
|
|
|
Unrealized |
|
|
|
|
|
Gains (Losses) |
|
Securities |
|
Change in Fair |
|
Gains |
|
|
|
|
|
on AFS |
|
Transferred to |
|
Value of Cash |
|
(Losses) on |
|
|
|
|
|
Securities |
|
HTM |
|
Flow Hedge |
|
BOLI |
|
Total |
AOCI (loss) – December 31, 2024 |
|
$ |
(317,142) |
|
$ |
— |
|
$ |
(43,078) |
|
$ |
534 |
|
$ |
(359,686) |
Other comprehensive (loss) income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
57,721 |
|
|
— |
|
|
19,401 |
|
|
(10) |
|
|
77,112 |
Amounts reclassified from AOCI into earnings |
|
|
65 |
|
|
— |
|
|
— |
|
|
(599) |
|
|
(534) |
Net current period other comprehensive income (loss) |
|
|
57,786 |
|
|
— |
|
|
19,401 |
|
|
(609) |
|
|
76,578 |
AOCI (loss) – September 30, 2025 |
|
$ |
(259,356) |
|
$ |
— |
|
$ |
(23,677) |
|
$ |
(75) |
|
$ |
(283,108) |
The change in AOCI for the three and nine months ended September 30, 2024 is summarized as follows, net of tax (dollars in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Gain |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Losses) |
|
|
|
|
|
|
|
|
|
|
|
Unrealized |
|
for AFS |
|
|
|
|
Unrealized |
|
|
|
|
|
Gains (Losses) |
|
Securities |
|
Change in Fair |
|
Gains |
|
|
|
|
|
on AFS |
|
Transferred to |
|
Value of Cash |
|
(Losses) |
|
|
|
|
|
Securities |
|
HTM |
|
Flow Hedge |
|
on BOLI |
|
Total |
AOCI (loss) – June 30, 2024 |
|
$ |
(330,804) |
|
$ |
1 |
|
$ |
(52,775) |
|
$ |
991 |
|
$ |
(382,587) |
Other comprehensive (loss) income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income before reclassification |
|
|
66,856 |
|
|
— |
|
|
23,589 |
|
|
— |
|
|
90,445 |
Amounts reclassified from AOCI into earnings |
|
|
(3) |
|
|
— |
|
|
— |
|
|
(162) |
|
|
(165) |
Net current period other comprehensive income (loss) |
|
|
66,853 |
|
|
— |
|
|
23,589 |
|
|
(162) |
|
|
90,280 |
AOCI (loss) – September 30, 2024 |
|
$ |
(263,951) |
|
$ |
1 |
|
$ |
(29,186) |
|
$ |
829 |
|
$ |
(292,307) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Gain |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Losses) |
|
|
|
|
|
|
|
|
|
|
|
Unrealized |
|
for AFS |
|
|
|
|
Unrealized |
|
|
|
|
|
Gains (Losses) |
|
Securities |
|
Change in Fair |
|
Gains |
|
|
|
|
|
on AFS |
|
Transferred to |
|
Value of Cash |
|
(Losses) |
|
|
|
|
|
Securities |
|
HTM |
|
Flow Hedge |
|
on BOLI |
|
Total |
AOCI (loss) – December 31, 2023 |
|
$ |
(302,532) |
|
$ |
6 |
|
$ |
(42,165) |
|
$ |
1,342 |
|
$ |
(343,349) |
Other comprehensive (loss) income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
33,438 |
|
|
— |
|
|
12,979 |
|
|
(16) |
|
|
46,401 |
Amounts reclassified from AOCI into earnings |
|
|
5,143 |
|
|
(5) |
|
|
— |
|
|
(497) |
|
|
4,641 |
Net current period other comprehensive income (loss ) |
|
|
38,581 |
|
|
(5) |
|
|
12,979 |
|
|
(513) |
|
|
51,042 |
AOCI (loss) – September 30, 2024 |
|
$ |
(263,951) |
|
$ |
1 |
|
$ |
(29,186) |
|
$ |
829 |
|
$ |
(292,307) |
|