Schedule of Changes in Accumulated Balances of AOCI Including Current Period Other Comprehensive Income and Reclassifications Out of AOCI |
The following tables summarize changes in the accumulated balances for each component of AOCI, including current-period other comprehensive income and reclassifications out of AOCI, for the periods presented. | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2023 | | Unrealized Gains (Losses) on Cash Flow Hedges | | Unrealized Gains (Losses) on Available-for-Sale Debt Securities | | | | Total | AOCI balance as of June 30, 2023 | $ | (10,035) | | | $ | (8,582) | | | | | $ | (18,617) | | Other comprehensive income (loss) before reclassifications | 19,892 | | | 1,634 | | | | | 21,526 | | Less: gain (loss) reclassified from AOCI | (3,728) | | | — | | | | | (3,728) | | Tax effect | — | | | (380) | | | | | (380) | | Net current-period other comprehensive income (loss) | 23,620 | | | 1,254 | | | | | 24,874 | | AOCI balance as of September 30, 2023 | $ | 13,585 | | | $ | (7,328) | | | | | $ | 6,257 | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2022 | | Unrealized Gains (Losses) on Cash Flow Hedges | | Unrealized Gains (Losses) on Available-for-Sale Debt Securities | | | | Total | AOCI balance as of June 30, 2022 | $ | 30,515 | | | $ | (12,043) | | | | | $ | 18,472 | | Other comprehensive income (loss) before reclassifications | 26,698 | | | (4,011) | | | | | 22,687 | | Less: gain (loss) reclassified from AOCI | 11,344 | | | — | | | | | 11,344 | | Tax effect | — | | | 934 | | | | | 934 | | Net current-period other comprehensive income (loss) | 15,354 | | | (3,077) | | | | | 12,277 | | AOCI balance as of September 30, 2022 | $ | 45,869 | | | $ | (15,120) | | | | | $ | 30,749 | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2023 | | Unrealized Gains (Losses) on Cash Flow Hedges | | Unrealized Gains (Losses) on Available-for-Sale Debt Securities | | | | Total | AOCI balance as of December 31, 2022 | $ | 8,226 | | | $ | (12,093) | | | | | $ | (3,867) | | Other comprehensive income (loss) before reclassifications | 5,296 | | | 6,220 | | | | | 11,516 | | Less: gain (loss) reclassified from AOCI | (63) | | | — | | | | | (63) | | Tax effect | — | | | (1,455) | | | | | (1,455) | | Net current-period other comprehensive income (loss) | 5,359 | | | 4,765 | | | | | 10,124 | | AOCI balance as of September 30, 2023 | $ | 13,585 | | | $ | (7,328) | | | | | $ | 6,257 | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2022 | | Unrealized Gains (Losses) on Cash Flow Hedges | | Unrealized Gains (Losses) on Available-for-Sale Debt Securities | | | | Total | AOCI balance as of December 31, 2021 | $ | 15,805 | | | $ | (1,373) | | | | | $ | 14,432 | | Other comprehensive income (loss) before reclassifications | 49,728 | | | (17,905) | | | | | 31,823 | | Less: gain (loss) reclassified from AOCI | 19,664 | | | — | | | | | 19,664 | | Tax effect | — | | | 4,158 | | | | | 4,158 | | Net current-period other comprehensive income (loss) | 30,064 | | | (13,747) | | | | | 16,317 | | AOCI balance as of September 30, 2022 | $ | 45,869 | | | $ | (15,120) | | | | | $ | 30,749 | | | | | | | | | |
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