Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2023

Other Comprehensive Income (Loss)

Other Comprehensive Income (Loss)

NOTE 4. Other Comprehensive Income (Loss)

The following tables show the changes in other comprehensive (loss) income for the three and six months ended June 30, 2023 and 2022, net of tax:

	For the three months ended June 30, 2023
					Accumulated
	Net unrealized		Net unrealized		other
	(losses) gains on		gains (losses) from		comprehensive
(In thousands)	securities		cash flow hedges		income (loss)
Balance, beginning of period	$	(4,115)	$	936	$	(3,179)
Other comprehensive (loss) income before reclassifications		(516)		228		(288)
Less amounts reclassified from accumulated other comprehensive loss		—		156		156
Period change		(516)		72		(444)
Balance, end of period	$	(4,631)	$	1,008	$	(3,623)

	For the three months ended June 30, 2022
			Net unrealized		Accumulated
	Net unrealized		gains		other
	gains (losses) on		from cash flow		comprehensive
(In thousands)	securities		hedges		income (loss)
Balance, beginning of period	$	(784)	$	1,392	$	608
Other comprehensive (loss) income before reclassifications		(3,054)		(570)		(3,624)
Less amounts reclassified from accumulated other comprehensive loss		(394)		—		(394)
Period change		(2,660)		(570)		(3,230)
Balance, end of period	$	(3,444)	$	822	$	(2,622)

	For the six months ended June 30, 2023
			Net unrealized		Accumulated
	Net unrealized		gains		other
	gains (losses) on		from cash flow		comprehensive
(In thousands)	securities		hedges		income (loss)
Balance, beginning of period	$	(4,381)	$	1,121	$	(3,260)
Other comprehensive (loss) income before reclassifications		(250)		(412)		(662)
Less amounts reclassified from accumulated other comprehensive loss		—		(299)		(299)
Period change		(250)		(113)		(363)
Balance, end of period	$	(4,631)	$	1,008	$	(3,623)

	For the six months ended June 30, 2022
			Net unrealized		Accumulated
	Net unrealized		(losses) gains		other
	(losses) gains on		from cash flow		comprehensive
(In thousands)	securities		hedges		(loss) income
Balance, beginning of period	$	29	$	293	$	322
Other comprehensive income before reclassifications		(4,306)		529		(3,777)
Less amounts reclassified from accumulated other comprehensive income (loss)		(833)		—		(833)
Period change		(3,473)		529		(2,944)
Balance, end of period	$	(3,444)	$	822	$	(2,622)