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Accumulated Other Comprehensive Income
12 Months Ended
Dec. 31, 2022
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:

    

2022

    

2021

(In Thousands)

Net unrealized gain (loss) on available-for-sale securities

$

(62,622)

$

11,834

Net unrealized gain on held-to-maturity securities

118

Net unrealized gain (loss) on active derivatives used for cash flow hedges

(31,277)

Net unrealized gain on terminated derivatives used for cash flow hedges

 

22,478

 

30,601

 

(71,303)

 

42,435

Tax effect

 

17,948

 

(9,676)

Net-of-tax amount

$

(53,355)

$

32,759

Amounts reclassified from AOCI and the affected line items in the statements of income during the years ended December 31, 2022, 2021 and 2020, were as follows:

    

Amounts Reclassified

    

from AOCI

Affected Line Item in the

    

2022

    

2021

    

2020

    

Statements of Income

(In Thousands)

Unrealized gains/(losses) on available-for-sale securities

$

(130)

$

$

78

 

Net realized gains (losses) on available-for-sale securities (total reclassified amount before tax)

Change in fair value of cash flow hedge

8,123

8,123

6,764

Amortization of realized gain on termination of cash flow hedge (total reclassification amount before tax)

Income taxes

 

(1,820)

 

(1,852)

 

(1,559)

 

Tax (expense) benefit

Total reclassifications out of AOCI

$

6,173

$

6,271

$

5,283