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Accumulated Other Comprehensive Income
3 Months Ended
Mar. 31, 2020
Accumulated Other Comprehensive Income  
Accumulated Other Comprehensive Income

9. Accumulated Other Comprehensive Income

Changes in accumulated other comprehensive income (AOCI) are as follows:

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

    

2020

    

2019

 

 

 

(in thousands)

Beginning Balance

 

$

4,686

 

$

(563)

Other comprehensive income (loss) before reclassification

 

 

(7,368)

 

 

2,632

Federal income tax (expense) benefit

 

 

1,547

 

 

(459)

Other comprehensive income (loss) before reclassification, net of tax

 

 

(5,821)

 

 

2,173

Amounts reclassified from AOCI

 

 

(15)

 

 

18

Federal income tax expense

 

 

 3

 

 

(4)

Amounts reclassified from AOCI, net of tax

 

 

(12)

 

 

14

Other comprehensive income (loss)

 

 

(5,833)

 

 

2,187

Balance at end of period

 

$

(1,147)

 

$

1,624