Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.21.1
STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
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):

    

    

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, 2020

$

74,161

$

55

$

$

(3,201)

$

71,015

Other comprehensive income (loss):

 

 

  

Other comprehensive income (loss) before reclassification

 

(33,125)

(1,428)

 

(34,553)

Amounts reclassified from AOCI into earnings

 

(62)

(5)

(47)

153

 

39

Net current period other comprehensive income (loss)

 

(33,187)

 

(5)

 

(1,475)

 

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):

    

    

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, 2019

$

37,877

$

75

$

(782)

$

(1,595)

$

35,575

Other comprehensive income (loss):

 

Other comprehensive income (loss) before reclassification

 

14,687

(699)

(1,289)

12,699

Amounts reclassified from AOCI into earnings

 

(1,529)

(5)

1,481

108

55

Net current period other comprehensive income (loss)

 

13,158

 

(5)

 

782

 

(1,181)

 

12,754

Balance - March 31, 2020

$

51,035

$

70

$

$

(2,776)

$

48,329