| Change in Accumulated Other Comprehensive Income |
The change in accumulated other comprehensive income (loss) for the three and six months ended June 30, 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 - March 31, 2021 |
|
$ |
40,974 |
|
$ |
50 |
|
$ |
(1,475) |
|
$ |
(3,048) |
|
$ |
36,501 |
Other comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
13,818 |
|
|
— |
|
|
2,607 |
|
|
— |
|
|
16,425 |
Amounts reclassified from AOCI into earnings |
|
|
— |
|
|
(5) |
|
|
— |
|
|
151 |
|
|
146 |
Net current period other comprehensive income (loss) |
|
|
13,818 |
|
|
(5) |
|
|
2,607 |
|
|
151 |
|
|
16,571 |
Balance - June 30, 2021 |
|
$ |
54,792 |
|
$ |
45 |
|
$ |
1,132 |
|
$ |
(2,897) |
|
$ |
53,072 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
|
(19,307) |
|
|
— |
|
|
1,179 |
|
|
— |
|
|
(18,128) |
Amounts reclassified from AOCI into earnings |
|
|
(62) |
|
|
(10) |
|
|
(47) |
|
|
304 |
|
|
185 |
Net current period other comprehensive income (loss) |
|
|
(19,369) |
|
|
(10) |
|
|
1,132 |
|
|
304 |
|
|
(17,943) |
Balance - June 30, 2021 |
|
$ |
54,792 |
|
$ |
45 |
|
$ |
1,132 |
|
$ |
(2,897) |
|
$ |
53,072 |
The change in accumulated other comprehensive income (loss) for the three months and six months ended June 30, 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 - 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 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 |
|
|
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 |
|