Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income

AOCI represents cumulative gains and losses that are not reflected in earnings. AOCI balances and the components of other comprehensive income (loss) are as follows:

	Total AOCI
Balance at June 30, 2021	$	2,408
Available for sale securities:
Net unrealized gain (loss), net of tax expense (benefit) of $(364)	(1,155)
Balance at September 30, 2021	$	1,253
Balance at June 30, 2022	$	(16,022)
Available for sale securities:
Net unrealized gain (loss), net of tax expense (benefit) of $(2,286)	(7,207)
Other reclassifications included in other revenue, net of tax expense (benefit) of $4	12
Held to maturity securities:
Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $18	65
Balance at September 30, 2022	$	(23,152)
	Total AOCI
Balance at December 31, 2020	$	5,394
Available for sale securities:
Net unrealized gain (loss), net of tax expense (benefit) of $(1,289)	(4,131)
Other reclassifications included in other revenue, net of tax expense (benefit) of $(4)	(10)
Balance at September 30, 2021	$	1,253
Balance at December 31, 2021	$	(1,109)
Available for sale securities:
Net unrealized gain (loss), excluding transfers to held to maturity, net of tax expense (benefit) of $(7,027)	(22,272)
Net unrealized loss on securities transferred to held to maturity, net of tax expense (benefit) of $579 (1)	1,850
Other reclassifications included in other revenue, net of tax expense (benefit) of $—	(1)
Held to maturity securities:
Net unrealized loss on securities transferred from available for sale, net of tax expense (benefit) of $(579) (1)	(1,850)
Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $67	230
Balance at September 30, 2022	$	(23,152)

(1) In January 2022, the Company transferred a portion of its AFS securities to the HTM category. See Note 4 for additional discussion on the transfer of AFS securities to HTM.