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Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Summary of Changes in Accumulated Other Comprehensive Income (Loss) by Component, Net of Tax

The following were changes in accumulated other comprehensive income (loss) by component, net of tax, for the periods ended June 30, 2022 and 2021 (in thousands):

 

 

 

Unrealized Gains

 

 

 

and Losses

 

 

 

on Available

 

 

 

for Sale

 

 

 

Securities

 

Six Months Ended June 30, 2022

 

 

 

Beginning balance

 

$

(1,270

)

Other comprehensive loss before
   reclassification, net of tax

 

 

(34,056

)

Amounts reclassified from accumulated other
   comprehensive loss, net of tax

 

 

 

Net current period other comprehensive loss

 

 

(34,056

)

Ending Balance

 

$

(35,326

)

 

 

 

 

Six Months Ended June 30, 2021

 

 

 

Beginning balance

 

$

7,728

 

Other comprehensive loss before
    reclassification, net of tax

 

 

(5,637

)

Amounts reclassified from accumulated other
   comprehensive loss, net of tax

 

 

(10

)

Net current period other comprehensive loss

 

 

(5,647

)

Ending Balance

 

$

2,081

 

Summary of Amounts Reclassified out off Accumulated Other Comprehensive Income (Loss)

The following amounts were reclassified out of each component of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2022 and 2021 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Affected Line Item

Details about Accumulated Other

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

in the Statement Where

Comprehensive Income (Loss) Components

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

Net Income is Presented

Realized gains on available-
  for-sale securities

 

$

 

 

$

(13

)

 

$

 

 

$

13

 

 

Net gain (loss) on sale of securities

 

 

 

 

 

 

3

 

 

 

 

 

 

(3

)

 

Income tax (expense) benefit

 

 

$

 

 

$

(10

)

 

$

 

 

$

10

 

 

Net of tax