2021

2020

Pre-tax

Tax expense/ (benefit)

Net-of-tax

Pre-tax

Tax expense/ (benefit)

Net-of-tax

(In thousands)

Beginning balance, loss, net of tax

Securities available-for-sale

$

12,200

$

5,714

Cash flow hedge derivatives

(6,890

)

(3,412

)

Total

$

5,310

$

2,302

Net unrealized gains/(losses) arising during the period

Securities available-for-sale

$

(16,167

)

$

(4,779

)

$

(11,388

)

$

10,903

$

3,223

$

7,680

Cash flow hedge derivatives

5,131

1,517

3,614

(4,938

)

(1,460

)

(3,478

)

Total

(11,036

)

(3,262

)

(7,774

)

5,965

1,763

4,202

Reclassification adjustment for net gains in net income

Securities available-for-sale

(853

)

(252

)

(601

)

(1,695

)

(501

)

(1,194

)

Cash flow hedge derivatives

—

Total

(853

)

(252

)

(601

)

(1,695

)

(501

)

(1,194

)

Total other comprehensive income/(loss)

Securities available-for-sale

(17,020

)

(5,031

)

(11,989

)

9,208

2,722

6,486

Cash flow hedge derivatives

5,131

1,517

3,614

(4,938

)

(1,460

)

(3,478

)

Total

$

(11,889

)

$

(3,514

)

$

(8,375

)

$

4,270

$

1,262

$

3,008

Ending balance, gain/(loss), net of tax

Securities available-for-sale

$

211

$

12,200

Cash flow hedge derivatives

(3,276

)

(6,890

)

Total

$

(3,065

)

$

5,310