Schedule of Changes in Accumulated Other Comprehensive Income (Loss) by Component Net of Tax |
The following table presents the changes in accumulated other comprehensive income (loss) by component net of tax for the three and nine months ended September 30, 2022, and 2021:
(Dollars in thousands) |
|
Pretax |
|
|
Tax Effect |
|
|
After-tax |
|
Three Months Ended September 30, 2022 |
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of June 30, 2022 |
|
$ |
(12,663 |
) |
|
$ |
2,660 |
|
|
$ |
(10,003 |
) |
Unrealized holding loss on available-for-sale securities arising during
the period |
|
|
(5,189 |
) |
|
|
1,090 |
|
|
|
(4,099 |
) |
Amortization of held-to-maturity discount resulting from transfer |
|
|
64 |
|
|
|
(14 |
) |
|
|
50 |
|
Total other comprehensive loss |
|
|
(5,125 |
) |
|
|
1,076 |
|
|
|
(4,049 |
) |
Balance, end of period |
|
$ |
(17,788 |
) |
|
$ |
3,736 |
|
|
$ |
(14,052 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2022 |
|
|
|
|
|
|
|
|
|
|
|
|
Balance, beginning of period |
|
$ |
(2,691 |
) |
|
$ |
566 |
|
|
$ |
(2,125 |
) |
Unrealized holding loss on available-for-sale securities arising during
the period |
|
|
(15,334 |
) |
|
|
3,220 |
|
|
|
(12,114 |
) |
Amortization of held-to-maturity discount resulting from transfer |
|
|
237 |
|
|
|
(50 |
) |
|
|
187 |
|
Total other comprehensive loss |
|
|
(15,097 |
) |
|
|
3,170 |
|
|
|
(11,927 |
) |
Balance, end of period |
|
$ |
(17,788 |
) |
|
$ |
3,736 |
|
|
$ |
(14,052 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months ended June 30, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of June 30, 2021 |
|
$ |
(677 |
) |
|
$ |
142 |
|
|
$ |
(535 |
) |
Unrealized holding loss on available-for-sale securities arising during
the period |
|
|
(831 |
) |
|
|
175 |
|
|
|
(656 |
) |
Amortization of held-to-maturity discount resulting from transfer |
|
|
11 |
|
|
|
(3 |
) |
|
|
8 |
|
Total other comprehensive loss |
|
|
(820 |
) |
|
|
172 |
|
|
|
(648 |
) |
Balance, end of period |
|
$ |
(1,497 |
) |
|
$ |
314 |
|
|
$ |
(1,183 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
Balance, beginning of period |
|
$ |
1,249 |
|
|
$ |
(263 |
) |
|
$ |
986 |
|
Unrealized holding loss on available-for-sale securities arising during
the period |
|
|
(2,790 |
) |
|
|
586 |
|
|
|
(2,204 |
) |
Amortization of held-to-maturity discount resulting from transfer |
|
|
44 |
|
|
|
(9 |
) |
|
|
35 |
|
Total other comprehensive loss |
|
|
(2,746 |
) |
|
|
577 |
|
|
|
(2,169 |
) |
Balance, end of period |
|
$ |
(1,497 |
) |
|
$ |
314 |
|
|
$ |
(1,183 |
) |
|