2021 Annual Report

Note 23: Accumulated Other Comprehensive Income (Loss) The following table presents the components of other comprehensive income (loss) for the years ended December 31, 2021, 2020 and 2019.

Before Tax

Tax Effect

Net of Tax

(dollars in thousands)

Year Ended December 31, 2021 Net Unrealized Loss on Available for Sale Securities . . . . . . . . . . . . . . $ Less: Reclassification Adjustment for Net Gains Included in Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Unrealized Loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net Unrealized Gain on Cash Flow Hedge . . . . . . . . . . . . . . . . . . . . . . Less: Reclassification Adjustment for Losses Included in Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Unrealized Gain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Year Ended December 31, 2020 Net Unrealized Gain on Available for Sale Securities. . . . . . . . . . . . . . $ Less: Reclassification Adjustment for Net Gains Included in Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Unrealized Gain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net Unrealized Loss on Cash Flow Hedge . . . . . . . . . . . . . . . . . . . . . . Less: Reclassification Adjustment for Losses Included in Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Unrealized Loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Year Ended December 31, 2019 Net Unrealized Gain on Available for Sale Securities. . . . . . . . . . . . . . $ Less: Reclassification Adjustment for Net Gains Included in Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Unrealized Gain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net Unrealized Loss on Cash Flow Hedge . . . . . . . . . . . . . . . . . . . . . . Less: Reclassification Adjustment for Gains Included in Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Unrealized Loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other Comprehensive Gain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ Other Comprehensive Gain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

(1,689) $

355 $

(1,334)

(750)

157 512

(593)

(2,439)

(1,927)

3,991

(838)

3,153

1,520 5,511

(319)

1,201 4,354

(1,157)

3,072 $

(645) $

2,427

6,394 $

(1,343) $

5,051

(1,503) 4,891

316

(1,187) 3,864

(1,027)

(3,185)

669

(2,516)

579

(122)

457

547

(2,059)

(2,606)

2,285 $

(480) $

1,805

9,514 $

(1,998) $

7,516

(516)

109

(407)

8,998

(1,889)

7,109

(962)

202

(760)

(9)

2

(7)

204

(767)

(971)

Other Comprehensive Gain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

8,027 $

(1,685) $

6,342

128