Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2022

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

Note 14— Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in accumulated other comprehensive income (loss), by category, net of tax for the nine months ended September 30, 2022 and September 30, 2021.

	September 30, 2022
			Unrealized Gains on
			Securities Transferred from
	Unrealized Gain (Loss) on		Available-for-sale to		Accumulated Other
(Dollars in thousands)	Available-for-sale Securities		Held-to-maturity		Comprehensive Income (Loss)
Beginning balance, January 1, 2022	$	(789)	$	389	$	(400)
Net change during the period		(30,401)		(115)		(30,516)
Ending balance, September 30, 2022	$	(31,190)	$	274	$	(30,916)

	September 30, 2021
			Unrealized Gains on
			Securities Transferred from
	Unrealized Gain (Loss) on		Available-for-sale to		Accumulated Other
(Dollars in thousands)	Available-for-sale Securities		Held-to-maturity		Comprehensive Income (Loss)
Beginning balance, January 1, 2021	$	3,786	$	—	$	3,786
Net change during the period		(2,824)		438		(2,386)
Ending balance, September 30, 2021	$	962	$	438	$	1,400

The Company did not have any items reclassified out of accumulated other comprehensive income (loss) to net income during the three or nine months ended September 30, 2022 or the three months ended September 30, 2021. Items reclassified out of accumulated other comprehensive income (loss) to net income during the nine months ended September 30, 2021 consisted of a net gain on the call of a security classified as available-for-sale. The gain on this transaction totaled $10 thousand and its related tax was $2 thousand. Gains are included in the “Gains on securities” line item and the related tax is presented in the “Income tax expense” line item in the Consolidated Statements of Income.