XML 31 R19.htm IDEA: XBRL DOCUMENT v3.21.2

Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2021

Equity [Abstract]

Other Comprehensive Income (Loss)

Other Comprehensive Income (Loss)

The following table provides the components of other comprehensive income (loss) on a pre-tax and after-tax basis for the periods presented (in thousands):

			Three Months Ended June 30,
			2021																		2020
			Pre-tax						Tax						After-tax						Pre-tax						Tax						After-tax
Net changes related to available-for-sale securities:
Unrealized holding gains arising during the period			$	10,264					$	2,454					$	7,810					$	34,661					$	8,466					$	26,195
Less: Reclassification adjustments for (gains) losses  realized in net income			245						59						186						(168)						(41)						(127)
Other comprehensive income (loss)			$	10,509					$	2,513					$	7,996					$	34,493					$	8,425					$	26,068

			Six Months Ended June 30,
			2021																		2020
			Pre-tax						Tax						After-tax						Pre-tax						Tax						After-tax
Net changes related to available-for-sale securities:
Unrealized holding gains arising during the period			$	(12,161)					$	(2,907)					$	(9,254)					$	23,435					$	5,961					$	17,474
Less: Reclassification adjustments for (gains) losses  realized in net income (loss)			447						107						340						(467)						(115)						(352)
Other comprehensive income (loss)			(11,714)						(2,800)						(8,914)						22,968						5,846						17,122
Reclassification adjustment to retained earnings (1)			—						—						—						791						194						597
Change in accumulated other comprehensive income			$	(11,714)					$	(2,800)					$	(8,914)					$	23,759					$	6,040					$	17,719

(1)Effective January 1, 2020, the Company adopted Accounting Standard Update 2016-13. This amount represents reclassifications to retained earnings associated with the allowance for expected credit losses within accumulated other comprehensive income relating to available-for-sale debt security investments.

The following table provides the reclassification adjustments for gains (losses) out of accumulated other comprehensive income for the periods presented (in thousands):

Details about Accumulated Other Comprehensive Income (Loss) Components						Amount Reclassified from Accumulated Other Comprehensive Income (Loss)																								Affected Line Item in the Statement Where Net Income is Presented
						Three Months Ended June 30,												Six Months Ended June 30,
						2021						2020						2021						2020
Unrealized gains (losses) on available-for-sale debt securities
						$	(245)					$	168					$	(447)					$	467					Net realized gains (losses) on sale of securities
						59						(41)						107						(115)						Income taxes
Total reclassification for the period						$	(186)					$	127					$	(340)					$	352					Net of tax

X

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-URI http://asc.fasb.org/topic&trid=2134417

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

+ Details

Name:	us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration