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Changes In Accumulated Other Comprehensive Income (Loss) By Component
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Income (Loss) By Component CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT
The following table presents the changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2020 and 2019. Amounts in parentheses indicate reductions to accumulated other comprehensive income (loss).
(amounts in thousands)
Unrealized Gains (Losses) on AFS Securities (1)
Unrealized Gains (Losses) on Cash Flow Hedges (2)
Total
Balance, December 31, 2018$(21,741)$(922)$(22,663)
Current period:
Unrealized gains (losses) arising during period, before tax49,688 (21,157)28,531 
  Income tax effect(12,919)5,501 (7,418)
Other comprehensive income (loss) before reclassifications36,769 (15,656)21,113 
Reclassification adjustments for losses (gains) included in net income, before tax(1,001)1,407 406 
Income tax effect260 (366)(106)
Amounts reclassified from accumulated other comprehensive income (loss) to net income(741)1,041 300 
Net current-period other comprehensive income (loss)36,028 (14,615)21,413 
Balance, December 31, 201914,287 (15,537)(1,250)
Current period:
Unrealized gains (losses) arising during period, before tax32,273 (31,772)501 
  Income tax effect(8,390)8,545 155 
Other comprehensive income (loss) before reclassifications23,883 (23,227)656 
Reclassification adjustments for losses (gains) included in net income, before tax(20,078)13,092 (6,986)
Income, tax effect5,220 (3,404)1,816 
Amounts reclassified from accumulated other comprehensive income (loss) to net income(14,858)9,688 (5,170)
 Net current-period other comprehensive income (loss)9,025 (13,539)(4,514)
Balance, December 31, 2020$23,312 $(29,076)$(5,764)
(1)Reclassification amounts for AFS debt securities are reported as gain or loss on sale of investment securities on the consolidated statements of income.
(2)Reclassification amounts for cash flow hedges are reported as interest expense for the applicable hedged items on the consolidated statements of income or other non-interest income on the consolidated statements of income for gains recognized from the discontinuance of cash flow hedge accounting for certain interest rate swaps. No cash flow hedges were discontinued during the years ended December 31, 2020 and 2019.