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Other comprehensive income (loss) (Tables)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Summary of Accumulated Other Comprehensive Income (Loss)

The changes in each component of accumulated other comprehensive income (loss), presented net of tax, were as follows (in thousands):

    

Three Months Ended March 31, 2023

    

    

    

Accumulated

Securities

Securities

Fair Value

Other

Available-for-

Transferred to

Municipal

Cash Flow

Comprehensive

    

Sale

    

Held-to-Maturity

    

Security Hedges

    

Hedges

    

Income (Loss)

Beginning balance, December 31, 2022

 

$

(33,616)

$

(742)

$

$

(966)

$

(35,324)

 

Other comprehensive income

 

6,138

 

536

 

6,674

Reclassification of amounts included in net income

 

30

 

 

30

Net other comprehensive income during period

 

6,138

30

 

 

536

 

6,704

Ending balance, March 31, 2023

$

(27,478)

$

(712)

$

$

(430)

$

(28,620)

    

Three Months Ended March 31, 2022

    

    

    

Accumulated

Securities

Securities

Fair Value

Other

Available-for-

Transferred to

Municipal

Cash Flow

Comprehensive

    

Sale

    

Held-to-Maturity

    

Security Hedges

    

Hedges

    

Income (Loss)

Beginning balance, December 31, 2021

$

25

$

665

$

753

$

$

1,443

Other comprehensive income (loss)

 

(15,092)

(1,490)

 

(409)

 

(16,991)

Reclassification of amounts included in net income

 

(8)

 

 

(8)

Net other comprehensive income (loss) during period

 

(15,092)

(1,498)

 

(409)

 

 

(16,999)

Ending balance, March 31, 2022

$

(15,067)

$

(833)

$

344

$

$

(15,556)