| Change in Accumulated Other Comprehensive Income |
The change in accumulated other comprehensive income (loss) for the three months ended March 31, 2021 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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|
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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 |
|
Flow Hedge |
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BOLI |
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Total |
Balance - December 31, 2020 |
|
$ |
74,161 |
|
$ |
55 |
|
$ |
— |
|
$ |
(3,201) |
|
$ |
71,015 |
Other comprehensive income (loss): |
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Other comprehensive income (loss) before reclassification |
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|
(33,125) |
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— |
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|
(1,428) |
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— |
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|
(34,553) |
Amounts reclassified from AOCI into earnings |
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|
(62) |
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|
(5) |
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|
(47) |
|
|
153 |
|
|
39 |
Net current period other comprehensive income (loss) |
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|
(33,187) |
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(5) |
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|
(1,475) |
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|
153 |
|
|
(34,514) |
Balance - March 31, 2021 |
|
$ |
40,974 |
|
$ |
50 |
|
$ |
(1,475) |
|
$ |
(3,048) |
|
$ |
36,501 |
The change in accumulated other comprehensive income (loss) for the three months ended March 31, 2020 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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|
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Unrealized |
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|
|
Gains (Losses) |
|
Securities |
|
Change in Fair |
|
Gains |
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|
|
|
|
on AFS |
|
Transferred to |
|
Value of Cash |
|
(Losses) |
|
|
|
|
|
Securities |
|
HTM |
|
Flow Hedge |
|
on BOLI |
|
Total |
Balance - December 31, 2019 |
|
$ |
37,877 |
|
$ |
75 |
|
$ |
(782) |
|
$ |
(1,595) |
|
$ |
35,575 |
Other comprehensive income (loss): |
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|
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Other comprehensive income (loss) before reclassification |
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|
14,687 |
|
|
— |
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|
(699) |
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|
(1,289) |
|
|
12,699 |
Amounts reclassified from AOCI into earnings |
|
|
(1,529) |
|
|
(5) |
|
|
1,481 |
|
|
108 |
|
|
55 |
Net current period other comprehensive income (loss) |
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|
13,158 |
|
|
(5) |
|
|
782 |
|
|
(1,181) |
|
|
12,754 |
Balance - March 31, 2020 |
|
$ |
51,035 |
|
$ |
70 |
|
$ |
— |
|
$ |
(2,776) |
|
$ |
48,329 |
|