Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.22.1
STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Change in Accumulated Other Comprehensive Income

The change in AOCI for the three months ended March 31, 2022 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, 2021

$

22,763

$

35

$

(1,567)

$

(2,596)

$

18,635

Other comprehensive income (loss):

 

 

  

Other comprehensive loss before reclassification

 

(186,967)

(23,313)

 

(210,280)

Amounts reclassified from AOCI into earnings

 

(5)

167

 

162

Net current period other comprehensive income (loss)

 

(186,967)

 

(5)

 

(23,313)

 

167

 

(210,118)

Balance - March 31, 2022

$

(164,204)

$

30

$

(24,880)

$

(2,429)

$

(191,483)

The change in AOCI for the three months ended March 31, 2021 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, 2020

$

74,161

$

55

$

$

(3,201)

$

71,015

Cumulative effects from adoption of new accounting standard

Other comprehensive income (loss):

 

Other comprehensive 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