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Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Other Comprehensive Income (Loss) Other Comprehensive Income (Loss)
The following table summarizes activity in the unrealized gain or loss on available for sale securities included in other comprehensive income (loss) for the six months and quarters ended June 30, 2022 and 2021.
For the six months ended June 30,For the quarter ended June 30,
2022202120222021
Balance at beginning of period$(1,718,000)$5,009,000 $(20,061,000)$1,556,000 
Unrealized losses arising during the period(39,337,000)(4,670,000)(16,120,000)(417,000)
Reclassification of net realized (gains) losses during the period(1,000)(164,000)1,000 (45,000)
Related deferred taxes8,261,000 1,015,000 3,385,000 96,000 
Net change(31,077,000)(3,819,000)(12,734,000)(366,000)
Balance at end of period$(32,795,000)$1,190,000 $(32,795,000)$1,190,000 
The reclassification of realized gains is included in the net securities gains line of the consolidated statements of income and comprehensive income and the tax effect is included in the income tax expense line of the same statement.
The following table summarizes activity in the unrealized loss on securities transferred from available for sale to held to maturity included in other comprehensive income (loss) for the six months and quarters ended June 30, 2022 and 2021.
For the six months ended June 30,For the quarter ended June 30,
2022202120222021
Balance at beginning of period$(87,000)$(133,000)$(78,000)$(124,000)
Amortization of net unrealized gains18,000 25,000 6,000 14,000 
Related deferred taxes(4,000)(5,000)(1,000)(3,000)
Net change14,000 20,000 5,000 11,000 
Balance at end of period$(73,000)$(113,000)$(73,000)$(113,000)

The following table presents the effect of the Company's derivative financial instruments included in other comprehensive income (loss) for the six months and quarters ended June 30, 2022 and 2021.
For the six months ended June 30,For the quarter ended June 30,
2022202120222021
Balance at beginning of period$— $(4,932,000)$— $(1,463,000)
Unrealized gains (losses) on cash flow hedging derivatives arising during the period185,000 3,606,000 185,000 (784,000)
Related deferred taxes(39,000)(757,000)(39,000)164,000 
Net change146,000 2,849,000 146,000 (620,000)
Balance at end of period$146,000 $(2,083,000)$146,000 $(2,083,000)
There was no activity in the unrealized gain or loss on postretirement benefits included in other comprehensive income (loss) for the six months and quarters ended June 30, 2022 and 2021.