Unrealized Gains (Losses)

on Debt Securities

Available-for-Sale

Held-to-Maturity

Derivatives

Total

(dollars in thousands)

Three Months Ended March 31, 2022

Balance, December 31, 2021

$

5,736

$

(3,514)

$

(751)

$

1,471

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

7,664

(7,664)

—

Other comprehensive income (loss) before reclassifications

(53,422)

—

594

(52,828)

Reclassifications

—

181

96

277

Other comprehensive income (loss), before tax

(53,422)

181

690

(52,551)

Income tax expense (benefit)

(15,228)

51

197

(14,980)

Other comprehensive income (loss), after tax

(38,194)

130

493

(37,571)

Balance, March 31, 2022

$

(24,794)

$

(11,048)

$

(258)

$

(36,100)

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