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Other comprehensive income (loss)
6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Other comprehensive income (loss)

Note 14. Other Comprehensive Income (Loss)

The changes in each component of accumulated other comprehensive income (loss), presented net of tax, were as follows (in thousands):

    

Three Months Ended June 30, 2023

    

    

    

Accumulated

Securities

Securities

Fair Value

Other

Available-for-

Transferred to

Municipal

Cash Flow

Comprehensive

    

Sale

    

Held-to-Maturity

    

Security Hedges

    

Hedges

    

Income (Loss)

Beginning balance, March 31, 2023

 

$

(27,478)

$

(712)

$

$

(430)

$

(28,620)

 

Other comprehensive income (loss)

 

(5,654)

 

(771)

 

(6,425)

Reclassification of amounts included in net income

 

28

 

 

28

Net other comprehensive income (loss) during period

 

(5,654)

28

 

 

(771)

 

(6,397)

Ending balance, June 30, 2023

$

(33,132)

$

(684)

$

$

(1,201)

$

(35,017)

    

Three Months Ended June 30, 2022

    

    

    

Accumulated

Securities

Securities

Fair Value

Other

Available-for-

Transferred to

Municipal

Cash Flow

Comprehensive

    

Sale

    

Held-to-Maturity

    

Security Hedges

    

Hedges

    

Income (Loss)

Beginning balance, March 31, 2022

$

(15,067)

$

(833)

$

344

$

$

(15,556)

Other comprehensive income (loss)

 

(8,459)

 

(662)

 

(9,121)

Reclassification of amounts included in net income

 

29

 

 

29

Net other comprehensive income (loss) during period

 

(8,459)

29

 

(662)

 

 

(9,092)

Ending balance, June 30, 2022

$

(23,526)

$

(804)

$

(318)

$

$

(24,648)

Six Months Ended June 30, 2023

    

    

    

Accumulated

Securities

Securities

Fair Value

Other

Available-for-

Transferred to

Municipal

Cash Flow

Comprehensive

    

Sale

    

Held-to-Maturity

    

Security Hedges

    

Hedges

    

Income (Loss)

Beginning balance, December 31, 2022

 

$

(33,616)

$

(742)

$

$

(966)

$

(35,324)

 

Other comprehensive income (loss)

 

484

 

(235)

 

249

Reclassification of amounts included in net income

 

58

 

 

58

Net other comprehensive income (loss) during period

 

484

58

 

 

(235)

 

307

Ending balance, June 30, 2023

$

(33,132)

$

(684)

$

$

(1,201)

$

(35,017)

Six Months Ended June 30, 2022

    

    

    

Accumulated

Securities

Securities

Fair Value

Other

Available-for-

Transferred to

Municipal

Cash Flow

Comprehensive

    

Sale

    

Held-to-Maturity

    

Security Hedges

    

Hedges

    

Income (Loss)

Beginning balance, December 31, 2021

$

25

$

665

$

753

$

$

1,443

Other comprehensive income (loss)

 

(23,551)

(1,490)

 

(1,071)

 

(26,112)

Reclassification of amounts included in net income

 

21

 

 

21

Net other comprehensive income (loss) during period

 

(23,551)

(1,469)

 

(1,071)

 

 

(26,091)

Ending balance, June 30, 2022

$

(23,526)

$

(804)

$

(318)

$

$

(24,648)