Changes in Accumulated Other Comprehensive Income (Loss) by Component

12 Months Ended

Dec. 31, 2025

Changes in Accumulated Other Comprehensive Income (Loss) by Component

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT

The following table presents the changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2025, 2024 and 2023. Amounts in parentheses indicate reductions to accumulated other comprehensive income (loss):



(amounts in thousands)	Unrealized Gains (Losses) on AFS Securities (1)		Unrealized Gains (Losses) on Cash Flow Hedges (2)		Total
Balance, December 31, 2022	$	(163,096)	$	—	$	(163,096)
Current period:
Unrealized gains (losses) arising during period, before tax	31,146		—		31,146
Income tax effect	(7,911)		—		(7,911)
Other comprehensive income (loss) before reclassifications	23,235		—		23,235
Reclassification adjustments for losses (gains) included in net income, before tax	(574)		—		(574)
Income tax effect	146		—		146
Amortization of unrealized loss on securities transferred from available-for-sale to held-to-maturity, before tax	4,986		—		4,986
Income, tax effect	(1,266)		—		(1,266)
Amounts reclassified from accumulated other comprehensive income (loss) to net income	3,292		—		3,292
Net current-period other comprehensive income (loss)	26,527		—		26,527
Balance, December 31, 2023	(136,569)		—		(136,569)
Current period:
Unrealized gains (losses) arising during period, before tax	21,672		—		21,672
Income tax effect	(5,467)		—		(5,467)
Other comprehensive income (loss) before reclassifications	16,205		—		16,205
Reclassification adjustments for losses (gains) included in net income, before tax	27,009		—		27,009
Income tax effect	(7,099)		—		(7,099)
Amortization of unrealized loss on securities transferred from available-for-sale to held-to-maturity, before tax	5,247		—		5,247
Income, tax effect	(1,353)		—		(1,353)
Amounts reclassified from accumulated other comprehensive income (loss) to net income	23,804		—		23,804
Net current-period other comprehensive income (loss)	40,009		—		40,009
Balance, December 31, 2024	(96,560)		—		(96,560)



Current period:
Unrealized gains (losses) arising during period, before tax	(3,719)		1,679		(2,040)
Income tax effect	962		(444)		518
Other comprehensive income (loss) before reclassifications	(2,757)		1,235		(1,522)
Reclassification adjustments for losses (gains) included in net income, before tax	52,957		2,347		55,304
Income, tax effect	(13,930)		(620)		(14,550)
Amortization of unrealized loss on securities transferred from available-for-sale to held-to-maturity, before tax	4,456		—		4,456
Income, tax effect	(1,178)		—		(1,178)
Amounts reclassified from accumulated other comprehensive income (loss) to net income	42,305		1,727		44,032
Net current-period other comprehensive income (loss)	39,548		2,962		42,510
Balance, December 31, 2025	$	(57,012)	$	2,962	$	(54,050)

(1)Reclassification amounts for AFS debt securities are reported as gain (loss) on sale of investment securities and amortization of unrealized losses on debt securities transferred from available-for-sale to held-to-maturity is reported within interest income on the consolidated statements of income.

(2)Reclassification amounts for cash flow hedges are reported as net interest income for the applicable hedged items on the consolidated statements of income.

Customers Bancorp, Inc. 10-K