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Basis of Accounting and Consolidation (Tables)
6 Months Ended
Jun. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Schedule of Components of Accumulated Other Comprehensive loss

The components of accumulated other comprehensive loss included in stockholders’ equity as of June 30, 2022 and December 31, 2021 are as follows (in thousands):

 

 

Unrealized Losses on Securities

 

June 30, 2022

 

 

 

 

Net unrealized losses on securities available-for-sale

 

$

(180,619

)

Tax benefit

 

 

52,379

 

Balance at June 30, 2022

 

$

(128,240

)

 

 

 

 

 

December 31, 2021

 

 

 

 

Net unrealized losses on securities available-for-sale

 

$

(1,170

)

Tax benefit

 

 

339

 

Balance at December 31, 2021

 

$

(831

)

Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income

 

Amounts reclassified from accumulated other comprehensive loss and the affected line items in the statements of income during the three and six months ended June 30, 2022 and 2021, were as follows (in thousands):

 

 

Amounts Reclassified from

Other Comprehensive Income

 

 

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

Affected Line Item in the Statements of Income

Realized gains on available-for-sale securities

 

$

2

 

 

$

73

 

 

$

2

 

 

$

77

 

 

Securities (loss) gains, net

Tax effect

 

 

(1

)

 

 

(21

)

 

 

(1

)

 

 

(22

)

 

Income taxes

Total reclassifications out of accumulated other comprehensive income

 

$

1

 

 

$

52

 

 

$

1

 

 

$

55

 

 

Net reclassified amount