Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2021

Equity [Abstract]

Schedule of Components of AOCI

The following table presents the changes in the components of Accumulated Other Comprehensive Income, or the AOCI, for the nine months ended September 30, 2021 and 2020:

	September 30, 2021
	(dollars in thousands)
	Unrealized gains (losses) on available-for-sale securities, net		Total Accumulated OCI Balance
Balance as of December 31, 2020	$	558,096	$	558,096
OCI before reclassifications	(82,065)		(82,065)
Amounts reclassified from AOCI	(37,116)		(37,116)
Net current period OCI	(119,181)		(119,181)
Balance as of September 30, 2021	$	438,915	$	438,915

	September 30, 2020
	(dollars in thousands)
	Unrealized gains (losses) on available-for-sale securities, net		Total Accumulated OCI Balance
Balance as of December 31, 2019	$	708,336	$	708,336
OCI before reclassifications	(97,334)		(97,334)
Amounts reclassified from AOCI	(56,021)		(56,021)
Net current period OCI	(153,355)		(153,355)
Balance as of September 30, 2020	$	554,981	$	554,981