Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2022

Comprehensive Income (Loss) Reconciliation of Changes

The following table presents a reconciliation of the changes in the components of other comprehensive income (loss) for the dates indicated, including the amount of income tax (expense) benefit allocated to each component of other comprehensive income (loss):


	Three months ended September 30, 2022						Three months ended September 30, 2021
(Dollars in thousands)	Pre-Tax		Tax Benefit		After Tax Amount		Pre-Tax		Tax (Expense)		After Tax Amount
Change in fair value of debt securities	$	(30,133)	$	6,838	$	(23,295)	$	(3,401)	$	772	$	(2,629)
Less: net security gains reclassified into non-interest income	—		—		—		—		—		—
Net change in fair value of debt securities	(30,133)		6,838		(23,295)		(3,401)		772		(2,629)

Change in fair value of cash flow hedges	—		—		—		(1,061)		299		(762)
Less: net cash flow hedges losses reclassified into income	—		—		—		(2,915)		820		(2,095)
Net change in fair value of cash flow hedges	—		—		—		1,854		(521)		1,333

Total other comprehensive (loss) income, net	$	(30,133)	$	6,838	$	(23,295)	$	(1,547)	$	251	$	(1,296)


	Nine months ended September 30, 2022						Nine months ended September 30, 2021
(Dollars in thousands)	Pre-Tax		Tax Benefit (Expense)		After Tax Amount		Pre-Tax		Tax Benefit (Expense)		After Tax Amount
Change in fair value of debt securities	$	(128,511)	$	29,004	$	(99,507)	$	(13,453)	$	3,000	$	(10,453)
Less: net security gains reclassified into non-interest income	1,062		(234)		828		128		(29)		99
Net change in fair value of debt securities	(129,573)		29,238		(100,335)		(13,581)		3,029		(10,552)

Change in fair value of cash flow hedges	—		—		—		378		(106)		272
Less: net cash flow hedges losses reclassified into income	—		—		—		(2,436)		685		(1,751)
Net change in fair value of cash flow hedges	—		—		—		2,814		(791)		2,023

Total other comprehensive income (loss), net	$	(129,573)	$	29,238	$	(100,335)	$	(10,767)	$	2,238	$	(8,529)

Schedule of Accumulated Other Comprehensive Income (Loss)

Information on the Company's accumulated other comprehensive income (loss), net of tax, is comprised of the following components as of the periods indicated:


	Three months ended September 30, 2022						Three months ended September 30, 2021
(Dollars in thousands)	Unrealized Gains (Losses) on Debt Securities		Unrealized Gains (Losses) on Cash Flow Hedges		Total		Unrealized Gains (Losses) on Debt Securities		Unrealized Gains (Losses) on Cash Flow Hedges		Total
Accumulated other comprehensive (loss) income - beginning balance	$	(72,378)	$	—	$	(72,378)	$	16,293	$	(1,333)	$	14,960
Total other comprehensive loss, net	(23,295)		—		(23,295)		(2,629)		1,333		(1,296)
Accumulated other comprehensive (loss) income - ending balance	$	(95,673)	$	—	$	(95,673)	$	13,664	$	—	$	13,664


	Nine months ended September 30, 2022						Nine months ended September 30, 2021
(Dollars in thousands)	Unrealized Gains (Losses) on Debt Securities		Unrealized Gains (Losses) on Cash Flow Hedges		Total		Unrealized Gains (Losses) on Debt Securities		Unrealized Gains (Losses) on Cash Flow Hedges		Total
Accumulated other comprehensive (loss) income - beginning balance	$	4,662	$	—	$	4,662	$	24,216	$	(2,023)	$	22,193
Total other comprehensive loss, net	(100,335)		—		(100,335)		(10,552)		2,023		(8,529)
Accumulated other comprehensive (loss) income - ending balance	$	(95,673)	$	—	$	(95,673)	$	13,664	$	—	$	13,664