Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2021

Stockholders' Equity Note [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Amounts reclassified from accumulated other comprehensive loss and the affected line items in the condensed consolidated statements of income during the three and nine months ended September 30, 2020 were as follows:


(in thousands) Details About Accumulated Other Comprehensive Loss Components									Affected Line Item in the Statements of Income
	Three Months Ended September 30, 2021		Nine Months Ended September 30, 2021		Three Months Ended September 30, 2020		Nine Months Ended September 30, 2020
Realized gains on securities available-for-sale
Gain realized in earnings	$	—	$	—	$	98	$	139	Gain on sale of securities

Total reclassified amount before tax	—		—		98		139		Income Before Income Taxes
Tax expense	—		—		26		38		Income Tax Provision
Total reclassifications out of accumulated other comprehensive loss	$	—	$	—	$	72	$	101	Net Income

The components of accumulated other comprehensive loss, included in shareholders' equity, for the nine months ended September 30, 2021 and 2020, respectively, are presented in the table below.


(in thousands)	Available-For-Sale Securities		Cash Flow Hedges		Total
Balance, January 1, 2021	$	468	$	(17,664)	$	(17,196)
Net unrealized holding (losses) gains recorded within other comprehensive income before income tax	(2,596)		7,665		5,069

Other comprehensive (loss) gain before tax	(2,596)		7,665		5,069
Income tax (benefit) provision	(616)		1,657		1,041
Other comprehensive (loss) income - net of tax	(1,980)		6,008		4,028
Balance, September 30, 2021	$	(1,512)	$	(11,656)	$	(13,168)

Balance, January 1, 2020	$	(4,388)	$	(9,803)	$	(14,191)
Net unrealized holding gains (losses) recorded within other comprehensive income before income tax	6,187		(12,453)		(6,266)
Reclassification of net loss realized and included in earnings	(139)		—		(139)
Other comprehensive income (loss) before tax	6,048		(12,453)		(6,405)
Income tax provision (benefit)	2,096		(3,602)		(1,506)
Other comprehensive loss - net of tax	3,952		(8,851)		(4,899)
Balance, September 30, 2020	$	(436)	$	(18,654)	$	(19,090)

The components of accumulated other comprehensive loss, included in shareholders' equity, for the three months ended September 30, 2021 and 2020, respectively, are presented in the table below.


(in thousands)	Available-For-Sale Securities		Cash Flow Hedges		Total
Balance, July 1, 2021	$	(164)	$	(12,747)	$	(12,911)
Net unrealized holding (losses) gains recorded within other comprehensive income before income tax	(1,789)		1,439		(350)

Other comprehensive (loss) income before tax	(1,789)		1,439		(350)
Income tax (benefit) provision	(441)		348		(93)
Other comprehensive (loss) income - net of tax	(1,348)		1,091		(257)
Balance, September 30, 2021	$	(1,512)	$	(11,656)	$	(13,168)

Balance, July 1, 2020	$	(1,388)	$	(19,750)	$	(21,138)
Net unrealized holding gains recorded within other comprehensive income before income tax	1,386		1,514		2,900
Reclassification of net loss realized and included in earnings	(98)		—		(98)
Other comprehensive loss before tax	1,288		1,514		2,802
Income tax provision	336		418		754
Other comprehensive loss - net of tax	952		1,096		2,048
Balance, September 30, 2020	$	(436)	$	(18,654)	$	(19,090)