Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Other Comprehensive Income (Loss)

14. Other Comprehensive INcome (LOSS)

The following tables present the changes in accumulated other comprehensive income (loss) (“AOCI”) (“AOCL”) during the periods, by component, net of tax:

	Three Months Ended March 31, 2023							Three Months Ended March 31, 2022
	Before Tax Amount		Tax (Expense) or Benefit			Net-of-tax Amount		Before Tax Amount			Tax (Expense) or Benefit		Net-of-tax Amount
	(dollars in thousands)
Available for sale securities
Unrealized holding losses	$	2,608	$	(666	)	$	1,942	$	(11,016	)	$	2,789	$	(8,227	)
Interest rate swaps designated as cash flow    hedges
Unrealized holding (losses) gains		78		(21	)		57		(1,700	)		474		(1,226	)
Reclassification adjustment for (losses) income recognized in net income		144		(40	)		104		(614	)		173		(441	)
Total other comprehensive income (loss)	$	2,830	$	(727	)	$	2,103	$	(13,330	)	$	3,436	$	(9,894	)

Reclassifications out of AOCI and AOCL that have an impact on net income are presented below.

Three Months Ended
Details about Accumulated Other Comprehensive Income (Loss) Components	March 31, 2023			March 31, 2022			Affected Line Item in the Statement where Net Income is Presented
	(dollars in thousands)
Unrealized (losses) gains on derivatives	$	(144	)	$	614		Interest on taxable loans
Tax benefit (expense)		40			(173	)	Income tax expense
Net of tax	$	(104	)	$	441		Net income