Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2022

Summary of Changes in Components of Other Comprehensive Income, Net of Tax

The components of other comprehensive income are as follows:


	For the Three Months Ended
	March 31, 2022						March 31, 2021
(in thousands)	Before Tax Amount		Tax Benefit (Expense)		Net of Tax Amount		Before Tax Amount		Tax Benefit (Expense)		Net of Tax Amount
Net unrealized gains (losses) on available for sale securities:
Net unrealized holding losses arising during period	$	(41,964)	$	10,999	$	(30,965)	$	(18,637)	$	5,502	$	(13,135)



Amortization of gain on debt securities reclassified to held to maturity from available for sale	(176)		41		(135)		—		—		—
Unrealized gains on derivatives	—		—		—		67		(20)		47

Other comprehensive loss, net	$	(42,140)	$	11,040	$	(31,100)	$	(18,570)	$	5,482	$	(13,088)

The following tables show the changes in the balances of each of the components of other comprehensive income (loss) for the periods presented, net of tax:


	For the Three Months Ended March 31, 2022
(in thousands)	Unrealized Gains (Losses) on Available for Sale Securities		Amortization of Gain on Debt Securities Reclassified to Held to Maturity		Total

Beginning balance	$	745	$	2,519	$	3,264



Net current period other comprehensive loss	(30,965)		(135)		(31,100)
Ending balance	$	(30,220)	$	2,384	$	(27,836)


	For the Three Months Ended March 31, 2021
(in thousands)	Unrealized Gains (Losses) on Available for Sale Securities		Unrealized Gains (Losses) on Derivatives		Pension Items		Total

Beginning balance	$	11,402	$	25	$	(30)	$	11,397
Net current period other comprehensive (loss) income	(13,135)		47		—		(13,088)


Ending balance	$	(1,733)	$	72	$	(30)	$	(1,691)