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Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2023

Stockholders' Equity Note [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive loss, included in shareholders' equity, for the nine months ended September 30, 2023 and 2022, respectively, are presented in the table below.

(in thousands)						Unrealized Losses On Debt Securities						Unrealized Losses On Debt Securities Transferred From Available-For-Sale To Held-To-Maturity						Cash Flow Hedges						Total
Balance, January 1, 2023						$	(35,831)					$	(3,519)					$	5,714					$	(33,636)
Other comprehensive (loss) income before reclassifications from accumulated other comprehensive loss before tax						(11,006)						—						664						(10,342)
Reclassifications from accumulated other comprehensive loss to earnings before tax						—						537						—						537
Other comprehensive (loss) gain before tax						(11,006)						537						664						(9,805)
Income tax (benefit) provision						(2,537)						140						153						(2,244)
Other comprehensive (loss) gain - net of tax						(8,469)						397						511						(7,561)
Balance, September 30, 2023						$	(44,300)					$	(3,122)					$	6,225					$	(41,197)
Balance, January 1, 2022						$	(2,555)					$	—					$	(8,484)					$	(11,039)
Other comprehensive (loss) income before reclassifications from accumulated other comprehensive loss before tax						(51,682)						(5,402)						19,424						(37,660)
Reclassifications from accumulated other comprehensive loss to earnings before tax						—						608						—						608
Other comprehensive (loss) gain before tax						(51,682)						(4,794)						19,424						(37,052)
Income tax (benefit) provision						(13,384)						(1,203)						5,639						(8,948)
Other comprehensive (loss) income - net of tax						(38,298)						(3,591)						13,785						(28,104)
Balance, September 30, 2022						$	(40,853)					$	(3,591)					$	5,301					$	(39,143)

The components of accumulated other comprehensive loss, included in stockholders' equity, for the three months ended September 30, 2023 and 2022, respectively, are presented in the table below.

(in thousands)						Unrealized Losses On Debt Securities						Unrealized Losses On Debt Securities Transferred From Available-For-Sale To Held-To-Maturity						Cash Flow Hedges						Total
Balance, July 1, 2023						$	(35,592)					$	(3,250)					$	5,656					$	(33,186)
Other comprehensive (loss) income before reclassifications from accumulated other comprehensive loss before tax						(11,308)						—						740						(10,568)
Reclassifications from accumulated other comprehensive loss to earnings before tax						—						173												173
Other comprehensive (loss) gain before tax						(11,308)						173						740						(10,395)
Income tax (benefit) provision						(2,600)						45						171						(2,384)
Other comprehensive (loss) income - net of tax						(8,708)						128						569						(8,011)
Balance, September 30, 2023						$	(44,300)					$	(3,122)					$	6,225					$	(41,197)
Balance, July 1, 2022						$	(27,568)					$	(3,818)					$	636					$	(30,750)
Other comprehensive (loss) income before reclassifications from accumulated other comprehensive loss before tax						(18,406)						—						6,058						(12,348)
Reclassifications from accumulated other comprehensive loss to earnings before tax						—						296						—						296
Other comprehensive (loss) gain before tax						(18,406)						296						6,058						(12,052)
Income tax (benefit) provision						(5,121)						69						1,393						(3,659)
Other comprehensive (loss) income - net of tax						(13,285)						227						4,665						(8,393)
Balance, September 30, 2022						$	(40,853)					$	(3,591)					$	5,301					$	(39,143)

Details About Accumulated Other Comprehensive Loss Components						Amounts Reclassified from Accumulated Other Comprehensive Loss for the												Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) for the												Affected Line Item in the Statements of Operations
						Three Months Ended September 30, 2023						Three Months Ended September 30, 2022						Nine Months Ended September 30, 2023						Nine Months Ended September 30, 2022
Reclassifications from accumulated other comprehensive loss to earnings before tax						$	(173)					(296)						$	(537)					$	(608)					Interest income
Total amount reclassified before tax						(173)						(296)						(537)						(608)						Income before income taxes
Tax benefit						(45)						(68)						(140)						(139)						Income tax (benefit) provision
Total reclassifications from accumulated other comprehensive loss						$	(128)					$	(228)					$	(397)					$	(469)					Net income

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- Definition

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

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-20

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- References

No definition available.

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