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Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net income $ 5,813 $ 5,749 $ 16,956 $ 17,029
Other comprehensive income:        
Change in net unrealized gain (loss) on available-for-sale securities (25,073) (6,173) (99,584) (11,464)
Change in net unrealized gain (loss) on available-for-sale securities, Income tax benefit (expense) 5,265 1,296 20,913 2,407
Less: reclassification adjustment for net (gain) loss included in net income 378 0 805 (3)
Less: reclassification adjustment for net (gain) loss included in net income, Income tax benefit (expense) (79) 0 (169) 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 (19,509) (4,877) (75,346) (9,059)
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 53 0 297 0
Less: amortization of net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity, Income tax benefit (expense) (11) 0 (62) 0
Unrealized loss on held to maturity securities, net of tax 42 0 (2,454) 0
Change in net unrealized gain (loss) on derivatives 6,618 0 1,042 0
Change in net unrealized gain (loss) on derivatives, Income tax benefit (expense) (1,390) 0 (219) 0
Less: amortization of net unrealized (gains) losses included in net income 416 0 723 0
Less: amortization of net unrealized (gains) losses included in net income, Income tax benefit (expense) (87) 0 (152) 0
Unrealized gain (loss) on derivative instruments, net of tax 5,557 0 1,394 0
Other comprehensive income (loss), net of tax (13,910) (4,877) (76,406) (9,059)
Comprehensive income (loss) $ (8,097) $ 872 $ (59,450) $ 7,970