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Changes in Accumulated Other Comprehensive Income (Loss) By Component
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Income (Loss) By Component CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT
The following tables present the changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2020 and 2019. All amounts are presented net of tax. Amounts in parentheses indicate reductions to AOCI.
 Three Months Ended June 30, 2020
(amounts in thousands)
Unrealized Gains (Losses) on Available for Sale Securities (1)
Unrealized Gains (Losses) on Cash Flow Hedges (2)
Total
Balance - March 31, 2020$4,614  $(34,789) $(30,175) 
Unrealized gains (losses) arising during period, before tax35,315  (6,369) 28,946  
Income tax effect(9,182) 1,684  (7,498) 
Other comprehensive income (loss) before reclassifications26,133  (4,685) 21,448  
Reclassification adjustments for (gains) losses included in net income, before tax(4,353) 2,718  (1,635) 
Income tax effect1,131  (734) 397  
Amounts reclassified from accumulated other comprehensive income (loss) to net income
(3,222) 1,984  (1,238) 
Net current-period other comprehensive income (loss)22,911  (2,701) 20,210  
Balance - June 30, 2020$27,525  $(37,490) $(9,965) 

 Six Months Ended June 30, 2020
(amounts in thousands)
Unrealized Gains (Losses) Available for Sale Securities (1)
Unrealized 
Gains (Losses) on Cash Flow  Hedges (2)
Total
Balance - December 31, 2019$14,287  $(15,537) $(1,250) 
Unrealized gains (losses) arising during period, before tax26,217  (34,066) (7,849) 
Income tax effect(6,816) 9,035  2,219  
Other comprehensive income (loss) before reclassifications19,401  (25,031) (5,630) 
Reclassification adjustments for (gains) losses included in net income, before tax(8,328) 4,196  (4,132) 
Income tax effect2,165  (1,118) 1,047  
Amounts reclassified from accumulated other comprehensive income (loss) to net income
(6,163) 3,078  (3,085) 
Net current-period other comprehensive income (loss)13,238  (21,953) (8,715) 
Balance - June 30, 2020$27,525  $(37,490) $(9,965) 
(1)Reclassification amounts for available for sale debt securities are reported as gain or loss on sale of investment securities on the consolidated statements of income.
(2)Reclassification amounts for cash flow hedges are reported as interest expense for the applicable hedged items on the consolidated statements of income.
Three Months Ended June 30, 2019
(amounts in thousands)
Unrealized Gains (Losses) on Available for Sale Securities (1)
Unrealized Gains (Losses) on Cash Flow Hedges (2)
Total
Balance - March 31, 2019$(8,556) $(6,363) $(14,919) 
Unrealized gains (losses) arising during period, before tax20,755  (14,102) 6,653  
Income tax effect(5,397) 3,667  (1,730) 
Other comprehensive income (loss) before reclassifications15,358  (10,435) 4,923  
Reclassification adjustments for losses (gains) included in net income, before tax—    
Income tax effect—  (1) (1) 
Amounts reclassified from accumulated other comprehensive income (loss) to net income
—    
Net current-period other comprehensive income (loss)15,358  (10,432) 4,926  
Balance - June 30, 2019$6,802  $(16,795) $(9,993) 


Six Months Ended June 30, 2019
(amounts in thousands)
Unrealized Gains (Losses) on Available for Sale Securities (1)
Unrealized
Gains (Losses) on Cash Flow Hedges (2)
Total
Balance - December 31, 2018$(21,741) $(922) $(22,663) 
Unrealized gains (losses) arising during period, before tax38,572  (21,041) 17,531  
Income tax effect(10,029) 5,471  (4,558) 
Other comprehensive income (loss) before reclassifications28,543  (15,570) 12,973  
Reclassification adjustments for losses (gains) included in net income, before tax—  (409) (409) 
Income tax effect—  106  106  
Amounts reclassified from accumulated other comprehensive income (loss) to net income
—  (303) (303) 
Net current-period other comprehensive income 28,543  (15,873) 12,670  
Balance - June 30, 2019$6,802  $(16,795) $(9,993) 
(1)Reclassification amounts for available for sale debt securities are reported as gain or loss on sale of investment securities on the consolidated statements of income.
(2)Reclassification amounts for cash flow hedges are reported as interest expense for the applicable hedged items on the consolidated statements of income.