Unrealized Gains (Losses)

on Debt Securities

Available-for-Sale

Held-to-Maturity

Derivatives

Total

(dollars in thousands)

Nine Months Ended September 30, 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

(112,931)

—

1,117

(111,814)

Reclassifications

—

1,234

177

1,411

Other comprehensive income (loss), before tax

(112,931)

1,234

1,294

(110,403)

Income tax expense (benefit)

(32,191)

352

369

(31,470)

Other comprehensive income (loss), after tax

(80,740)

882

925

(78,933)

Balance, September 30, 2022

$

(67,340)

$

(10,296)

$

174

$

(77,462)

Nine Months Ended September 30, 2021

Balance, December 31, 2020

$

19,578

$

(118)

$

(1,307)

$

18,153

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

3,887

(3,887)

—

Other comprehensive income (loss) before reclassifications

(19,950)

—

173

(19,777)

Reclassifications

—

426

306

732

Other comprehensive income (loss), before tax

(19,950)

426

479

(19,045)

Income tax expense (benefit)

(5,687)

122

136

(5,429)

Other comprehensive income (loss), after tax

(14,263)

304

343

(13,616)

Balance, September 30, 2021

$

9,202

$

(3,701)

$

(964)

$

4,537