Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2020

Stockholders' Equity Note [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss, included in stockholders' equity, for the nine months ended September 30, 2020 and 2019, respectively, are presented in the table below.

(in thousands)	Available-For-Sale Securities		Cash Flow Hedges		Total
Balance, January 1, 2020	$	(4,388)	$	(9,803)	$	(14,191)
Net change in unrealized gain (loss)	6,187		(12,453)		(6,266)
Reclassification of gain realized and included in earnings	(139)		—		(139)
Accumulated other comprehensive income (loss) before income tax	1,660		(22,256)		(20,596)
Income tax provision (benefit)	2,096		(3,602)		(1,506)
Balance, September 30, 2020	$	(436)	$	(18,654)	$	(19,090)
Balance, January 1, 2019	$	(13,360)	$	(3,181)	$	(16,541)
Net change in unrealized gain (loss)	11,843		(12,689)		(846)
Reclassification of net loss realized and included in earnings	458		—		458
Accumulated other comprehensive loss before income tax	(1,059)		(15,870)		(16,929)
Income tax provision (benefit)	3,552		(3,426)		126
Balance, September 30, 2019	$	(4,611)	$	(12,444)	$	(17,055)

The components of accumulated other comprehensive loss, included in stockholders' equity, for the three months ended September 30, 2020 and 2019, respectively, are presented in the table below.

(in thousands)	Available-For-Sale Securities		Cash Flow Hedges		Total
Balance, July 1, 2020	$	(1,388)	$	(19,750)	$	(21,138)
Net change in unrealized loss	1,386		1,514		2,900
Reclassification of gain realized and included in earnings	(98)		—		(98)
Accumulated other comprehensive loss before income tax	(100)		(18,236)		(18,336)
Income tax benefit	336		418		754
Balance, September 30, 2020	$	(436)	$	(18,654)	$	(19,090)
Balance, July 1, 2019	$	(5,488)	$	(10,090)	$	(15,578)
Net change in unrealized gain (loss)	1,266		(3,225)		(1,959)
Accumulated other comprehensive loss before income tax	(4,222)		(13,315)		(17,537)
Income tax (benefit) provision	389		(871)		(482)
Balance, September 30, 2019	$	(4,611)	$	(12,444)	$	(17,055)