Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2020

Equity [Abstract]

Components of accumulated other comprehensive income (AOCI)

The following table summarizes the balances of each component of accumulated other comprehensive income (AOCI), included in stockholders’ equity, at June 30, 2020 and December 31, 2019:

	June 30, 2020		December 31, 2019
	(amounts in thousands)
Net unrealized income on available-for-sale securities	$	12,528	$	4,234
Net unrealized loss on derivatives used for cash flow hedges	(3,439)		(2,349)
Tax effect	$	(2,268)	$	(470)
Net-of-tax amount	$	6,821	$	1,415