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Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net income $ 5,615 $ 5,043 $ 11,143 $ 11,281
Other comprehensive income:        
Change in net unrealized gain (loss) on available-for-sale securities (31,574) 11,662 (74,512) (5,291)
Change in net unrealized gain (loss) on available-for-sale securities, Income tax benefit (expense) 6,631 (2,449) 15,648 1,111
Less: reclassification adjustment for net (gain) loss included in net income 427 (1) 427 (3)
Less: reclassification adjustment for net (gain) loss included in net income, Income tax benefit (expense) (90) 0 (90) 1
Less: net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity 0 0 3,404 0
Less: net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity, Income tax benefit (expense) 0 0 (715) 0
Unrealized gain (loss) on available-for-sale securities, net of tax (24,606) 9,212 (55,838) (4,182)
Reclassification of unrealized gain (loss) upon transfer of securities from available-for-sale to held-to-maturity 0 0 (3,404) 0
Reclassification of unrealized gain (loss) upon transfer of securities from available-for-sale to held-to-maturity, Income tax benefit (expense) 0 0 715 0
Less: amortization of net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity 74 0 244 0
Less: amortization of net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity, Income tax benefit (expense) (16) 0 (51) 0
Unrealized loss on held to maturity securities, net of tax 58 0 (2,496) 0
Change in net unrealized gain (loss) on derivatives (5,576) 0 (5,576) 0
Change in net unrealized gain (loss) on derivatives, Income tax benefit (expense) 1,171 0 1,171 0
Less: amortization of net unrealized (gains) losses included in net income 307 0 307 0
Less: amortization of net unrealized (gains) losses included in net income, Income tax benefit (expense) (64) 0 (64) 0
Unrealized gain (loss) on derivative instruments, net of tax (4,162) 0 (4,162) 0
Other comprehensive income (loss), net of tax (28,710) 9,212 (62,496) (4,182)
Comprehensive income (loss) $ (23,095) $ 14,255 $ (51,353) $ 7,099