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Stockholders' Equity
6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
Stockholders’ Equity Stockholders’ Equity
Total stockholders’ equity at June 30, 2021 was $2.09 billion, compared to $2.05 billion at December 31, 2020.
In March 2020, the Company completed the $50.0 million repurchase plan though the repurchase of 2,716,034 shares of common stock totaling $36.2 million. There were no shares repurchased during the three months ended June 30, 2021. As of June 30, 2021, the Company had repurchased a total of 12,661,581 shares of its common stock totaling $200.0 million as part of all previous repurchase programs that were authorized by the Company’s Board of Directors.
For the three months ended June 30, 2021 and 2020, the Company paid dividends of $0.14 per common share. For both the six months ended June 30, 2021 and 2020, the Company paid dividends of $0.28 per common share.
The following table presents the quarterly changes to accumulated other comprehensive income for the three and six months ended June 30, 2021 and 2020:
Three Months Ended, Six Months Ended,
June 30, 2021June 30, 2020June 30, 2021June 30, 2020
(Dollars in thousands)
Balance at beginning of period$5,223 $36,449 $32,753 $9,149 
Unrealized net gains (losses) on securities available for sale14,186 3,270 (26,617)42,123 
Unrealized net gains (losses) on interest rate swaps used for cash flow hedge(297)(711)1,523 (711)
Reclassification adjustments for net losses (gains) realized in net income
73 (139)139 (139)
Tax effect(4,134)(720)7,253 (12,273)
Other comprehensive income (loss), net of tax$9,828 $1,700 $(17,702)$29,000 
Balance at end of period$15,051 $38,149 $15,051 $38,149 

Reclassifications for net gains realized in net income for the three and six months ended June 30, 2021 relate to net gains on interest rate swaps used for cash flow hedges. Gains on interest rate swaps are recorded in noninterest income under other income and fee in the Consolidated Statements of Income.
For the three and six months ended June 30, 2021, the Company recorded reclassification adjustments of $73 thousand and $139 thousand, respectively from other comprehensive income to losses from cash flow hedge relationships. For the three and six months ended and June 30, 2020, the Company recorded reclassification adjustments of $139 thousand from accumulated other comprehensive income to gains from cash flow hedge relationships.