Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2021

Stockholders' Equity Note [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss, included in stockholders' equity, for the six months ended June 30, 2021 and 2020, respectively, are presented in the table below.

(in thousands)	Available-For-Sale Securities		Cash Flow Hedges		Total
Balance, January 1, 2021	$	468	$	(17,664)	$	(17,196)
Net unrealized holding (losses) gains recorded within other comprehensive income before income tax	(807)		6,226		5,419
Other comprehensive (loss) gain before tax	(807)		6,226		5,419
Income tax (benefit) provision	(175)		1,309		1,134
Other comprehensive (loss) income - net of tax	$	(632)	$	4,917	$	4,285
Balance, June 30, 2021	$	(164)	$	(12,747)	$	(12,911)
Balance, January 1, 2020	$	(4,388)	$	(9,803)	$	(14,191)
Net unrealized holding gains (losses) recorded within other comprehensive income before income tax	4,801		(13,967)		(9,166)
Reclassification of net loss realized and included in earnings	(41)		—		(41)
Other comprehensive income (loss) before tax	4,760		(13,967)		(9,207)
Income tax provision (benefit)	1,760		(4,020)		(2,260)
Other comprehensive income (loss) - net of tax	3,000		(9,947)		(6,947)
Balance, June 30, 2020	$	(1,388)	$	(19,750)	$	(21,138)

The components of accumulated other comprehensive loss, included in stockholders' equity, for the three months ended June 30, 2021 and 2020, respectively, are presented in the table below.

(in thousands)	Available-For-Sale Securities		Cash Flow Hedges		Total
Balance, April 1, 2021	$	(1,219)	$	(12,701)	$	(13,920)
Net unrealized holding gains (losses) recorded within other comprehensive income before income tax	1,388		(54)		1,334
Other comprehensive gain (loss) before tax	1,388		(54)		1,334
Income tax (benefit) provision	(333)		8		(325)
Other comprehensive (loss) income - net of tax	$	1,055	$	(46)	$	1,009
Balance, June 30, 2021	$	(164)	$	(12,747)	$	(12,911)
Balance, April 1, 2020	$	(239)	$	(19,627)	$	(19,866)
Net change in unrealized loss	(1,498)		(509)		(2,007)
Other comprehensive loss before tax	(1,498)		(509)		(2,007)
Income tax benefit	(349)		(386)		(735)
Other comprehensive income (loss) - net of tax	(1,149)		(123)		(1,272)
Balance, June 30, 2020	$	(1,388)	$	(19,750)	$	(21,138)