Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2021

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

Note 22:      Accumulated Other Comprehensive Income

The components of accumulated other comprehensive income (AOCI), included in stockholders’ equity, are as follows:

	2021		2020
	(In Thousands)
Net unrealized gain on available-for-sale securities	$	11,834	$	30,126
Net unrealized gain on derivatives used for cash flow hedges		30,601		38,724
		42,435		68,850
Tax effect		(9,676)		(15,699)
Net-of-tax amount	$	32,759	$	53,151

Amounts reclassified from AOCI and the affected line items in the statements of income during the years ended December 31, 2021, 2020 and 2019, were as follows:

	Amounts Reclassified
	from AOCI						Affected Line Item in the
	2021		2020		2019		Statements of Income
	(In Thousands)
Unrealized gains/(losses) on available- for-sale securities	$	—	$	78	$	(62)	Net realized gains (losses) on available-for-sale securities (total reclassified amount before tax)
Change in fair value of cash flow hedge		8,123		6,764		—	Amortization of realized gain on termination of cash flow hedge (total reclassification amount before tax)
Income taxes		(1,852)		(1,559)		14	Tax (expense) benefit
Total reclassifications out of AOCI	$	6,271	$	5,283	$	48