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Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2022
Accumulated Other Comprehensive Income  
Accumulated Other Comprehensive Income

6. Accumulated Other Comprehensive Income

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

Six Months Ended June 30, 

    

2022

    

2021

(in thousands)

Beginning Balance

$

5,312

$

13,246

Other comprehensive income (loss) before reclassification

 

(41,276)

(4,199)

Federal income tax expense

 

8,668

881

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

 

(32,608)

 

(3,318)

Amounts reclassified from AOCI

 

101

(217)

Federal income tax expense

 

(21)

46

Amounts reclassified from AOCI, net of tax

 

80

 

(171)

Other comprehensive income (loss)

 

(32,528)

 

(3,489)

Balance at end of period

$

(27,216)

$

9,757