Unrealized Gains (Losses)

on Debt Securities

Available-for-Sale

Held-to-Maturity

Derivatives

Total

(dollars in thousands)

Balance, December 31, 2019

$

8,659

$

(131)

$

(696)

$

7,832

Other comprehensive income (loss) before reclassifications

15,272

—

(1,084)

14,188

Reclassifications

—

18

238

256

Other comprehensive income (loss), before tax

15,272

18

(846)

14,444

Income tax expense (benefit)

4,353

5

(235)

4,123

Other comprehensive income (loss), after tax

10,919

13

(611)

10,321

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 (loss) income before reclassifications

(24,798)

—

366

(24,432)

Reclassifications

—

687

412

1,099

Other comprehensive (loss) income, before tax

(24,798)

687

778

(23,333)

Income tax (benefit) expense

(7,069)

196

222

(6,651)

Other comprehensive (loss) income, after tax

(17,729)

491

556

(16,682)

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 (loss) income before reclassifications

(105,459)

—

1,183

(104,276)

Reclassifications

—

1,723

126

1,849

Other comprehensive (loss) income, before tax

(105,459)

1,723

1,309

(102,427)

Income tax (benefit) expense

(30,061)

491

373

(29,197)

Other comprehensive (loss) income, after tax

(75,398)

1,232

936

(73,230)

Balance, December 31, 2022

$

(61,998)

$

(9,946)

$

185

$

(71,759)