| Change in Accumulated Other Comprehensive Income |
The change in accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2020 is summarized as follows, net of tax (dollars in thousands):
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|
|
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|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
Unrealized Gains |
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|
|
|
|
|
|
|
|
|
|
|
|
(Losses) |
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|
|
|
|
|
|
|
|
|
Unrealized |
|
for AFS |
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|
|
|
Unrealized |
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|
|
|
|
Gains (Losses) |
|
Securities |
|
Change in Fair |
|
Gains |
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|
|
|
|
on AFS |
|
Transferred to |
|
Value of Cash |
|
(Losses) on |
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|
|
|
|
Securities |
|
HTM |
|
Flow Hedge |
|
BOLI |
|
Total |
Balance - June 30, 2020 |
|
$ |
63,886 |
|
$ |
65 |
|
$ |
— |
|
$ |
(2,647) |
|
$ |
61,304 |
Other comprehensive income (loss): |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 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, 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 |
The change in accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2019 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, 2019 |
|
$ |
36,125 |
|
$ |
85 |
|
$ |
(7,155) |
|
$ |
(988) |
|
$ |
28,067 |
Other comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
12,364 |
|
|
— |
|
|
6,025 |
|
|
(647) |
|
|
17,742 |
Amounts reclassified from AOCI into earnings |
|
|
(5,612) |
|
|
(5) |
|
|
158 |
|
|
19 |
|
|
(5,440) |
Net current period other comprehensive income (loss) |
|
|
6,752 |
|
|
(5) |
|
|
6,183 |
|
|
(628) |
|
|
12,302 |
Balance - September 30, 2019 |
|
$ |
42,877 |
|
$ |
80 |
|
$ |
(972) |
|
$ |
(1,616) |
|
$ |
40,369 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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, 2018 |
|
$ |
(5,949) |
|
$ |
95 |
|
$ |
(3,393) |
|
$ |
(1,026) |
|
$ |
(10,273) |
Other comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before reclassification |
|
|
54,598 |
|
|
— |
|
|
1,970 |
|
|
(647) |
|
|
55,921 |
Amounts reclassified from AOCI into earnings |
|
|
(5,772) |
|
|
(15) |
|
|
451 |
|
|
57 |
|
|
(5,279) |
Net current period other comprehensive income (loss) |
|
|
48,826 |
|
|
(15) |
|
|
2,421 |
|
|
(590) |
|
|
50,642 |
Balance - September 30, 2019 |
|
$ |
42,877 |
|
$ |
80 |
|
$ |
(972) |
|
$ |
(1,616) |
|
$ |
40,369 |
|