| Change in Accumulated Other Comprehensive Income |
Accumulated Other Comprehensive Income (Loss)
The change in accumulated other comprehensive income (loss) for the three and six months ended June 30, 2020 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 |
Balance - March 31, 2020 |
|
$ |
51,035 |
|
$ |
70 |
|
$ |
— |
|
$ |
(2,776) |
|
$ |
48,329 |
Other comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
21,019 |
|
|
— |
|
|
— |
|
|
— |
|
|
21,019 |
Amounts reclassified from AOCI into earnings |
|
|
(8,168) |
|
|
(5) |
|
|
— |
|
|
129 |
|
|
(8,044) |
Net current period other comprehensive income (loss) |
|
|
12,851 |
|
|
(5) |
|
|
— |
|
|
129 |
|
|
12,975 |
Balance - June 30, 2020 |
|
$ |
63,886 |
|
$ |
65 |
|
$ |
— |
|
$ |
(2,647) |
|
$ |
61,304 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
Balance - December 31, 2019 |
|
$ |
37,877 |
|
$ |
75 |
|
$ |
(782) |
|
$ |
(1,595) |
|
$ |
35,575 |
Other comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
35,706 |
|
|
— |
|
|
(699) |
|
|
(1,289) |
|
|
33,718 |
Amounts reclassified from AOCI into earnings |
|
|
(9,697) |
|
|
(10) |
|
|
1,481 |
|
|
237 |
|
|
(7,989) |
Net current period other comprehensive income (loss) |
|
|
26,009 |
|
|
(10) |
|
|
782 |
|
|
(1,052) |
|
|
25,729 |
Balance - June 30, 2020 |
|
$ |
63,886 |
|
$ |
65 |
|
$ |
— |
|
$ |
(2,647) |
|
$ |
61,304 |
The change in accumulated other comprehensive income (loss) for the three and six months ended June 30, 2019 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 |
Balance - March 31, 2019 |
|
$ |
14,047 |
|
$ |
90 |
|
$ |
(4,733) |
|
$ |
(1,007) |
|
$ |
8,397 |
Other comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
22,151 |
|
|
— |
|
|
(2,595) |
|
|
— |
|
|
19,556 |
Amounts reclassified from AOCI into earnings |
|
|
(73) |
|
|
(5) |
|
|
173 |
|
|
19 |
|
|
114 |
Net current period other comprehensive income (loss) |
|
|
22,078 |
|
|
(5) |
|
|
(2,422) |
|
|
19 |
|
|
19,670 |
Balance - June 30, 2019 |
|
$ |
36,125 |
|
$ |
85 |
|
$ |
(7,155) |
|
$ |
(988) |
|
$ |
28,067 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
Balance - December 31, 2018 |
|
$ |
(5,949) |
|
$ |
95 |
|
$ |
(3,393) |
|
$ |
(1,026) |
|
$ |
(10,273) |
Other comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
42,233 |
|
|
— |
|
|
(4,055) |
|
|
— |
|
|
38,178 |
Amounts reclassified from AOCI into earnings |
|
|
(159) |
|
|
(10) |
|
|
293 |
|
|
38 |
|
|
162 |
Net current period other comprehensive income (loss) |
|
|
42,074 |
|
|
(10) |
|
|
(3,762) |
|
|
38 |
|
|
38,340 |
Balance - June 30, 2019 |
|
$ |
36,125 |
|
$ |
85 |
|
$ |
(7,155) |
|
$ |
(988) |
|
$ |
28,067 |
|