| Change in Accumulated Other Comprehensive Income |
The change in accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2021 is summarized as follows, net of tax (dollars in thousands):
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|
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|
|
|
|
|
|
|
|
|
|
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|
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|
|
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Unrealized Gains |
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|
|
|
|
|
|
|
|
|
|
|
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(Losses) |
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|
|
|
|
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|
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|
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Unrealized |
|
for AFS |
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|
|
|
Unrealized |
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|
|
|
|
Gains (Losses) |
|
Securities |
|
Change in Fair |
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Gains |
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|
|
|
|
on AFS |
|
Transferred to |
|
Value of Cash |
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(Losses) on |
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|
|
|
|
Securities |
|
HTM |
|
Flow Hedge |
|
BOLI |
|
Total |
Balance - June 30, 2021 |
|
$ |
54,792 |
|
$ |
45 |
|
$ |
1,132 |
|
$ |
(2,897) |
|
$ |
53,072 |
Other comprehensive income (loss): |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
(23,242) |
|
|
— |
|
|
(545) |
|
|
— |
|
|
(23,787) |
Amounts reclassified from AOCI into earnings |
|
|
(7) |
|
|
(5) |
|
|
— |
|
|
150 |
|
|
138 |
Net current period other comprehensive income (loss) |
|
|
(23,249) |
|
|
(5) |
|
|
(545) |
|
|
150 |
|
|
(23,649) |
Balance - September 30, 2021 |
|
$ |
31,543 |
|
$ |
40 |
|
$ |
587 |
|
$ |
(2,747) |
|
$ |
29,423 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Gains |
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|
|
|
|
|
|
|
|
|
|
|
|
|
(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): |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
(42,549) |
|
|
— |
|
|
634 |
|
|
— |
|
|
(41,915) |
Amounts reclassified from AOCI into earnings |
|
|
(69) |
|
|
(15) |
|
|
(47) |
|
|
454 |
|
|
323 |
Net current period other comprehensive income (loss) |
|
|
(42,618) |
|
|
(15) |
|
|
587 |
|
|
454 |
|
|
(41,592) |
Balance - September 30, 2021 |
|
$ |
31,543 |
|
$ |
40 |
|
$ |
587 |
|
$ |
(2,747) |
|
$ |
29,423 |
The change in accumulated other comprehensive income (loss) for the three months and nine months ended September 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 - June 30, 2020 |
|
$ |
63,886 |
|
$ |
65 |
|
$ |
— |
|
$ |
(2,647) |
|
$ |
61,304 |
Other comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
1,250 |
|
|
— |
|
|
— |
|
|
— |
|
|
1,250 |
Amounts reclassified from AOCI into earnings |
|
|
(14) |
|
|
(5) |
|
|
— |
|
|
127 |
|
|
108 |
Net current period other comprehensive income (loss) |
|
|
1,236 |
|
|
(5) |
|
|
— |
|
|
127 |
|
|
1,358 |
Balance - September 30, 2020 |
|
$ |
65,122 |
|
$ |
60 |
|
$ |
— |
|
$ |
(2,520) |
|
$ |
62,662 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
|
36,956 |
|
|
— |
|
|
(699) |
|
|
(1,289) |
|
|
34,968 |
Amounts reclassified from AOCI into earnings |
|
|
(9,711) |
|
|
(15) |
|
|
1,481 |
|
|
364 |
|
|
(7,881) |
Net current period other comprehensive income (loss) |
|
|
27,245 |
|
|
(15) |
|
|
782 |
|
|
(925) |
|
|
27,087 |
Balance - September 30, 2020 |
|
$ |
65,122 |
|
$ |
60 |
|
$ |
— |
|
$ |
(2,520) |
|
$ |
62,662 |
|