ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

3 Months Ended

Mar. 31, 2021

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

Summary of changes in Accumulated Other Comprehensive Income (Loss) balances, net of tax effects

	Three months ended
	March 31,
	2021		2020
Beginning balance	$	973	$	1,207
Other comprehensive income (loss), net of tax:
Unrealized gain (loss) on securities available for sale
Unrealized holding gain (loss) arising during the period	$	(6,934)	$	6,539
Reclassification adjustment for gain included in net income		—		(975)
Tax effect		2,210		(1,756)
Net of tax	$	(4,724)	$	3,808
Unrealized gain (loss) on cash flow hedges
Unrealized holding gain (loss) arising during the period	$	2,277	$	(1,060)
Tax effect		(726)		334
Net of tax	$	1,551	$	(726)
Net current period other comprehensive income (loss)	$	(3,173)	$	3,082
Ending balance	$	(2,200)	$	4,289

Schedule of reclassifications out of accumulated other comprehensive income (loss)

	Three months ended March 31,
	2020
Proceeds	$	20,975
Gross gains	$	975
Tax impact	$	(387)