Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2022

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of accumulated other comprehensive loss

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (1) (2)

(DOLLARS IN THOUSANDS)

	Unrealized
	Gains (Losses)
	on Securities
	Available-for-Sale
	$
Balance at December 31, 2021		3,441
Other comprehensive loss before reclassifications		(23,629	)
Amount reclassified from accumulated other comprehensive income (loss)		(110	)
Period change		(23,739	)
Balance at March 31, 2022		(20,298	)
Balance at December 31, 2020		7,958
Other comprehensive loss before reclassifications		(4,965	)
Amount reclassified from accumulated other comprehensive income (loss)		(69	)
Period change		(5,034	)
Balance at March 31, 2021		2,924

(1) All amounts are net of tax. Related income tax expense or benefit is calculated using a Federal income tax rate of 21%.

(2) Amounts in parentheses indicate debits.

DETAILS ABOUT ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) COMPONENTS (1)

(DOLLARS IN THOUSANDS)

	Amount Reclassified from
	Accumulated Other Comprehensive
	Income (Loss)
	For the Three Months
	Ended March 31,
	2022			2021			Affected Line Item in the
	$			$			Consolidated Statements of Income
Securities available-for-sale:
Net securities gains, reclassified into earnings		139			87		Gains on the sale of debt securities, net
Related income tax expense		(29	)		(18	)	Provision for federal income taxes
Net effect on accumulated other comprehensive income (loss) for the period		110			69

(1) Amounts in parentheses indicate debits.