Other Comprehensive Income

3 Months Ended

Mar. 31, 2021

Equity [Abstract]

Other Comprehensive Income

9. OTHER COMPREHENSIVE INCOME

The table below provides a summary of the components of other comprehensive income (“OCI”) for the periods presented.

	Three Months Ended March 31,
	2021									2020
	Before-tax			Tax effect			After-tax			Before-tax			Tax effect			After-tax
	(Dollars in thousands)
Investment securities:
Net change in fair value recorded in accumulated OCI	$	(40,391	)	$	11,941		$	(28,450	)	$	36,619		$	(10,826	)	$	25,793
Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity		81			(24	)		57			(1	)		-			(1	)
Net change	$	(40,310	)	$	11,917		$	(28,393	)	$	36,618		$	(10,826	)	$	25,792