| Change in Accumulated Other Comprehensive Income |
The change in AOCI for the three and nine months ended September 30, 2022 is summarized as follows, net of tax (dollars in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Gains |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Losses) |
|
|
|
|
|
|
|
|
|
|
|
Unrealized |
|
for AFS |
|
|
|
|
Unrealized |
|
|
|
|
|
(Losses) |
|
Securities |
|
Change in Fair |
|
Gains |
|
|
|
|
|
on AFS |
|
Transferred to |
|
Value of Cash |
|
(Losses) on |
|
|
|
|
|
Securities |
|
HTM |
|
Flow Hedge |
|
BOLI |
|
Total |
AOCI - June 30, 2022 |
|
$ |
(277,577) |
|
$ |
25 |
|
$ |
(36,452) |
|
$ |
(2,279) |
|
$ |
(316,283) |
Other comprehensive (loss) income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive loss before reclassification |
|
|
(121,841) |
|
|
— |
|
|
(24,142) |
|
|
— |
|
|
(145,983) |
Amounts reclassified from AOCI into earnings |
|
|
— |
|
|
(4) |
|
|
— |
|
|
151 |
|
|
147 |
Net current period other comprehensive (loss) income |
|
|
(121,841) |
|
|
(4) |
|
|
(24,142) |
|
|
151 |
|
|
(145,836) |
AOCI - September 30, 2022 |
|
$ |
(399,418) |
|
$ |
21 |
|
$ |
(60,594) |
|
$ |
(2,128) |
|
$ |
(462,119) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
AOCI - December 31, 2021 |
|
$ |
22,763 |
|
$ |
35 |
|
$ |
(1,567) |
|
$ |
(2,596) |
|
$ |
18,635 |
Other comprehensive (loss) income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive loss before reclassification |
|
|
(422,183) |
|
|
— |
|
|
(59,027) |
|
|
— |
|
|
(481,210) |
Amounts reclassified from AOCI into earnings |
|
|
2 |
|
|
(14) |
|
|
— |
|
|
468 |
|
|
456 |
Net current period other comprehensive (loss) income |
|
|
(422,181) |
|
|
(14) |
|
|
(59,027) |
|
|
468 |
|
|
(480,754) |
AOCI - September 30, 2022 |
|
$ |
(399,418) |
|
$ |
21 |
|
$ |
(60,594) |
|
$ |
(2,128) |
|
$ |
(462,119) |
The change in AOCI for the three and nine months ended September 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 |
AOCI - June 30, 2021 |
|
$ |
54,792 |
|
$ |
45 |
|
$ |
1,132 |
|
$ |
(2,897) |
|
$ |
53,072 |
Other comprehensive (loss) income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income before reclassification |
|
|
(23,242) |
|
|
— |
|
|
(545) |
|
|
— |
|
|
(23,787) |
Amounts reclassified from AOCI into earnings |
|
|
(7) |
|
|
(5) |
|
|
— |
|
|
150 |
|
|
138 |
Net current period other comprehensive (loss) income |
|
|
(23,249) |
|
|
(5) |
|
|
(545) |
|
|
150 |
|
|
(23,649) |
AOCI - September 30, 2021 |
|
$ |
31,543 |
|
$ |
40 |
|
$ |
587 |
|
$ |
(2,747) |
|
$ |
29,423 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
AOCI- December 31, 2020 |
|
$ |
74,161 |
|
$ |
55 |
|
$ |
— |
|
$ |
(3,201) |
|
$ |
71,015 |
Other comprehensive (loss) income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive (loss) income before reclassification |
|
|
(42,549) |
|
|
— |
|
|
634 |
|
|
— |
|
|
(41,915) |
Amounts reclassified from AOCI into earnings |
|
|
(69) |
|
|
(15) |
|
|
(47) |
|
|
454 |
|
|
323 |
Net current period other comprehensive (loss) income |
|
|
(42,618) |
|
|
(15) |
|
|
587 |
|
|
454 |
|
|
(41,592) |
AOCI - September 30, 2021 |
|
$ |
31,543 |
|
$ |
40 |
|
$ |
587 |
|
$ |
(2,747) |
|
$ |
29,423 |
|