Unrealized Gains (Losses)

on Debt Securities

Available-for-Sale

Held-to-Maturity

Derivatives

Total

(dollars in thousands)

Three Months Ended March 31, 2021

Balance, December 31, 2020

$

19,578

$

(118)

$

(1,307)

$

18,153

Transfer from available-for-sale to held-to-maturity

3,890

(3,890)

—

Other comprehensive income (loss) before reclassifications

(23,074)

—

219

(22,855)

Reclassifications

—

32

99

131

Other comprehensive income (loss), before tax

(23,074)

32

318

(22,724)

Income tax expense (benefit)

(6,577)

9

91

(6,477)

Other comprehensive income (loss), after tax

(16,497)

23

227

(16,247)

Balance, March 31, 2021

$

6,971

$

(3,985)

$

(1,080)

$

1,906

Three Months Ended March 31, 2020

Balance, December 31, 2019

$

8,659

$

(131)

$

(696)

$

7,832

Other comprehensive income (loss) before reclassifications

7,602

—

(970)

6,632

Reclassifications

—

(9)

2

(7)

Other comprehensive income (loss), before tax

7,602

(9)

(968)

6,625

Income tax expense (benefit)

2,166

(2)

(276)

1,888

Other comprehensive income (loss), after tax

5,436

(7)

(692)

4,737

Balance, March 31, 2020

$

14,095

$

(138)

$

(1,388)

$

12,569