Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.22.2
STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Change in Accumulated Other Comprehensive Income

The change in AOCI for the three and six months ended June 30, 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 - March 31, 2022

$

(164,204)

$

30

$

(24,880)

$

(2,429)

$

(191,483)

Other comprehensive (loss) income:

 

 

  

Other comprehensive loss before reclassification

 

(113,374)

(11,572)

 

(124,946)

Amounts reclassified from AOCI into earnings

 

1

(5)

150

 

146

Net current period other comprehensive (loss) income

 

(113,373)

 

(5)

 

(11,572)

 

150

 

(124,800)

Balance - June 30, 2022

$

(277,577)

$

25

$

(36,452)

$

(2,279)

$

(316,283)

    

    

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 (loss) income:

 

 

  

Other comprehensive loss before reclassification

 

(300,341)

(34,885)

 

(335,226)

Amounts reclassified from AOCI into earnings

 

1

(10)

317

 

308

Net current period other comprehensive (loss) income

 

(300,340)

 

(10)

 

(34,885)

 

317

 

(334,918)

Balance - June 30, 2022

$

(277,577)

$

25

$

(36,452)

$

(2,279)

$

(316,283)

The change in AOCI for the three and six months ended June 30, 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 - March 31, 2021

$

40,974

$

50

$

(1,475)

$

(3,048)

$

36,501

Other comprehensive (loss) income:

 

Other comprehensive income before reclassification

 

13,818

2,607

16,425

Amounts reclassified from AOCI into earnings

 

(5)

151

146

Net current period other comprehensive (loss) income

 

13,818

 

(5)

 

2,607

 

151

 

16,571

Balance - June 30, 2021

$

54,792

$

45

$

1,132

$

(2,897)

$

53,072

    

    

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

Other comprehensive (loss) income:

 

Other comprehensive (loss) income before reclassification

 

(19,307)

1,179

(18,128)

Amounts reclassified from AOCI into earnings

 

(62)

(10)

(47)

304

185

Net current period other comprehensive (loss) income

 

(19,369)

 

(10)

 

1,132

 

304

 

(17,943)

Balance - June 30, 2021

$

54,792

$

45

$

1,132

$

(2,897)

$

53,072