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Other Comprehensive Loss
 9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Other Comprehensive Loss Other Comprehensive Loss
Accounting principles generally require recognized revenue, expenses, gains and losses be included in net income or loss. Certain changes in assets and liabilities, such as the after tax effect of unrealized gains and losses on investment securities AFS that are not OTTI, are not reflected in the consolidated statements of income. The cumulative effect of such items, net of tax effect, is reported as a separate component of the equity section of the consolidated balance sheets (Accumulated OCI). OCI, along with net income, comprises the Company's total comprehensive income or loss.


As of the balance sheet dates, the components of Accumulated OCI, net of tax, were:
September 30, 2022December 31, 2021
 (Dollars in thousands)
Net unrealized losses on investment securities AFS$(40,938)$(1,552)
The following tables disclose the tax effects allocated to each component of OCI for the three and nine months ended September 30:
 Three Months Ended
September 30, 2022September 30, 2021
Before-Tax AmountTax BenefitNet-of-Tax AmountBefore-Tax AmountTax BenefitNet-of-Tax Amount
Investment securities AFS:(Dollars in thousands)
Net unrealized holding losses arising during the period on investment securities AFS$(15,872)$3,333 $(12,539)$(1,535)$322 $(1,213)
Reclassification adjustment for net losses on investment securities AFS realized in net income— — — 30 (6)24 
Total other comprehensive loss$(15,872)$3,333 $(12,539)$(1,505)$316 $(1,189)
 Nine Months Ended
September 30, 2022September 30, 2021
Before-Tax AmountTax Benefit/ExpenseNet-of-Tax AmountBefore-Tax AmountTax BenefitNet-of-Tax Amount
Investment securities AFS:(Dollars in thousands)
Net unrealized holding losses arising during the period on investment securities AFS$(49,824)$10,463 $(39,361)$(3,604)$756 $(2,848)
Reclassification adjustment for net (gains) losses on investment securities AFS realized in net income(31)6 (25)30 (6)24 
Total other comprehensive loss$(49,855)$10,469 $(39,386)$(3,574)$750 $(2,824)
The following table discloses information concerning reclassification adjustments from OCI for the three and nine months ended September 30, 2022 and 2021:
Three Months EndedNine Months Ended
Reclassification Adjustment DescriptionSeptember 30, 2022September 30, 2021September 30, 2022September 30, 2021Affected Line Item in
Consolidated Statement of Income
(Dollars in thousands)
Investment securities AFS:
Net losses (gains) on investment securities AFS— 30 $(31)$30 Net (losses) gains on sales of investment securities available-for-sale
Tax (benefit) expense— (6)6 (6)Provision for income taxes
Total reclassifications$— $24 $(25)$24 Net income