ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

12 Months Ended

Dec. 31, 2022

ACCUMULATED OTHER COMPREHENSIVE INCOME

Components of Accumulated Other Comprehensive Income

The following tables show changes in accumulated other comprehensive income by component, net of tax, for the years ending December 31, 2022 and 2021:

(Dollars in thousands)
December 31, 2022	Gains on Cash Flow Hedges		Unrealized Losses on Securities		Total
Beginning balance, December 31, 2021	$	427	$	(3,792)	$	(3,365)
Current period other comprehensive income (loss):
Other comprehensive income (loss) before reclassification		964		(40,485)		(39,521)
Amounts reclassified from accumulated other comprehensive income (loss)		(1,180)		2,199		1,019
Net current period other comprehensive loss		(216)		(38,286)		(38,502)
Ending balance, December 31, 2022	$	211	$	(42,078)	$	(41,867)

(Dollars in thousands)
December 31, 2021	Gains and (Losses) on Cash Flow Hedges		Unrealized Gains and (Losses) on Available for Sale Securities		Total
Beginning balance, December 31, 2020	$	(45)	$	3,563	$	3,518
Current period other comprehensive income (loss):
Other comprehensive income (loss) before reclassification		425		(7,338)		(6,913)
Amounts reclassified from accumulated other comprehensive income (loss)		47		(17)		30
Net current period other comprehensive income (loss)		472		(7,355)		(6,883)
Ending balance, December 31, 2021	$	427	$	(3,792)	$	(3,365)

Schedule of reclassification out of each component of accumulated other comprehensive income

The following table shows significant amounts reclassified out of each component of accumulated other comprehensive income for the year ending December 31, 2022:

(Dollars in thousands)
Details About Accumulated Other Comprehensive Loss Components	Amount Reclassified From Accumulated Other Comprehensive Loss		Affected Line Item in the Consolidated Statements of Income
Unrealized gains and losses on securities
Realized losses on available for sale securities	$	1,453	(Gain) loss on sales and calls of securities
Amortization of unrealized losses on held to maturity securities		1,342
Total before tax		2,795
Tax effect		(596)	Income tax provision (benefit)
Net of tax		2,199
Unrealized gains and losses on cash flow hedges
Realized gains on cash flow hedges		(291)	Short-term borrowings and repurchase agreements
Realized gains on swap termination		(1,202)	Other non-interest income
Total before tax		(1,493)
Tax effect		313	Income tax provision (benefit)
Net of tax		(1,180)
Total reclassifications for the period, net of tax	$	1,019

The following table shows significant amounts reclassified out of each component of accumulated other comprehensive loss for the year ending December 31, 2021:

(Dollars in thousands)
Details About Accumulated Other Comprehensive Loss Components	Amount Reclassified From Accumulated Other Comprehensive Loss		Affected Line Item in the Consolidated Statements of Income
Unrealized gains and losses on securities
Realized gains on available for sale securities	$	(21)	(Gain) loss on sales and calls of securities
Total before tax		(21)
Tax effect		4	Income tax provision (benefit)
Net of tax		(17)
Unrealized gains and losses on cash flow hedges
Realized losses on cash flow hedges		60	Short-term borrowings and repurchase agreements
Total before tax		60
Tax effect		(13)	Income tax provision (benefit)
Net of tax		47
Total reclassifications for the period, net of tax	$	30