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Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2022

Other Comprehensive Income [Abstract]

Schedule of components of other comprehensive income (loss)

The following table presents the components of other comprehensive income (loss) for the three months ended March 31, 2022 and 2021.

(dollars in thousands)						Before Tax						Tax Effect						Net of Tax
Three Months Ended March 31, 2022
Net unrealized (loss) gain on securities available-for-sale						$	(79,227)					$	20,821					$	(58,406)
Less: Reclassification adjustment for net loss (gain) included in net income						25						(6)						19
Total unrealized (loss) gain						(79,202)						20,815						(58,387)
Net unrealized (loss) on securities transferred to held-to-maturity (1)						(66,193)						17,098						(49,095)
Other comprehensive (loss) income						$	(145,395)					$	37,913					$	(107,482)
Three Months Ended March 31, 2021
Net unrealized (loss) gain on securities available-for-sale						$	(23,713)					$	6,096					$	(17,617)
Less: reclassification adjustment for net (gain) loss included in net income						(221)						55						(166)
Total unrealized (loss) gain						(23,934)						6,151						(17,783)
Net unrealized gain (loss) on derivatives						767						(194)						573
Less: reclassification adjustment for (gain) loss included in net income						(384)						96						(288)
Total unrealized gain (loss)						383						(98)						285
Other comprehensive (loss) income						$	(23,551)					$	6,053					$	(17,498)

Schedule of changes in each component of accumulated other comprehensive income (loss), net of tax

The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax, for the three months ended March 31, 2022 and 2021.

						Securities						Securities												Accumulated Other
						Available						Held to												Comprehensive
(dollars in thousands)						For Sale						Maturity						Derivatives						Income (Loss)
Three Months Ended March 31, 2022
Balance at beginning of period						$	(13,958)					$	—					$	(284)					$	(14,242)
Other comprehensive loss before reclassifications						(58,406)						(49,095)						—						(107,501)
Amounts reclassified from accumulated other comprehensive income (loss)						19						—						—						19
Net other comprehensive loss during period						(58,387)						(49,095)						—						(107,482)
Balance at end of period						$	(72,345)					$	(49,095)					$	(284)					$	(121,724)
Three Months Ended March 31, 2021
Balance at beginning of period						$	16,168					$	—					$	(668)					$	15,500
Other comprehensive income before reclassifications						(17,617)						—						573						(17,044)
Amounts reclassified from accumulated other comprehensive income (loss)						(166)						—						(288)						(454)
Net other comprehensive (loss) income during period						(17,783)						—						285						(17,498)
Balance at end of period						$	(1,615)					$	—					$	(383)					$	(1,998)

Schedule of amounts reclassified out of accumulated other comprehensive (loss) income

The following tables present the amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three months ended March 31, 2022 and 2021.

						Amount Reclassified from
						Accumulated Other
Details about Accumulated Other						Comprehensive (Loss) Income												Affected Line Item in
Comprehensive Income Components						Three Months Ended March 31,												the Statement Where
(dollars in thousands)						2022						2021						Net Income is Presented
Realized gain on sale of investment securities						$	(25)					$	221					Net (loss) gain on sale of investment securities
Interest income derivative deposits						—						384						Interest on balances with other banks and short-term investments
Income tax benefit (expense)						6						(151)						Income tax expense
Total reclassifications for the periods						$	(19)					$	454

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- Definition

Other Comprehensive Income

+ References

No definition available.

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Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

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Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669686-108580

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

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Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
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