Comprehensive Income (Loss)

Comprehensive income is defined as all changes to stockholders' equity except investments by and distributions to stockholders. Net income is one component of comprehensive income, with other components referred to in the aggregate as other comprehensive income. See below for the Company's other components of comprehensive income at the respective dates. Pursuant to GAAP, the Company initially excludes these unrealized holding gains and losses from net income; however, they are later reported as reclassifications out of accumulated other comprehensive income into net income when the losses or gains are realized.

The following table presents a reconciliation of the changes in the components of other comprehensive income (loss) for the dates indicated, including the amount of income tax (expense) benefit allocated to each component of other comprehensive income (loss):



	Three months ended March 31, 2020									Three months ended March 31, 2019
(Dollars in thousands)	Pre Tax			Tax Expense (Benefit)			After Tax Amount			Pre Tax			Tax Expense (Benefit)			After Tax Amount
Change in fair value of debt securities	$	9,574		$	(2,136	)	$	7,438		$	4,040		$	(907	)	$	3,133
Less: net security gains (losses) reclassified into non-interest income	100			(22		)	78			(1		)	—			(1		)
Net change in fair value of debt securities	9,474			(2,114		)	7,360			4,041			(907		)	3,134

Change in fair value of cash flow hedges	(2,844		)	799			(2,045		)	—			—			—
Less: net cash flow hedges gains (losses) reclassified into interest expense	25			(7		)	18			—			—			—
Net change in fair value of cash flow hedges	(2,869		)	806			(2,063		)	—			—			—

Total other comprehensive income (loss), net	$	6,605		$	(1,308	)	$	5,297		$	4,041		$	(907	)	$	3,134

Information on the Company's accumulated other comprehensive income (loss), net of tax, is comprised of the following components as of the periods indicated:



	Three months ended March 31, 2020							Three months ended March 31, 2019
(Dollars in thousands)	Unrealized gains (losses) debt securities		Unrealized gains (losses) cash flow			Total		Unrealized gains (losses) debt securities			Unrealized gains (losses) cash flow		Total
Accumulated other comprehensive income - beginning balance	$	10,510	$	—		$	10,510	$	(1,284	)	$	—	$	(1,284	)
Total other comprehensive income (loss), net	7,360		(2,063		)	5,297		3,134			—		3,134
Accumulated other comprehensive income - ending balance	$	17,870	$	(2,063	)	$	15,807	$	1,850		$	—	$	1,850