Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) [Abstract]        
Net income $ 6,568 $ 7,818 $ 12,568 $ 15,596
Unrealized gains (losses):        
Net change in unrealized gains (losses) on debt securities available for sale (8,251) 739 (23,371) (2,651)
Net unrealized gain at time of transfer on securities transferred to held-to-maturity 0 0 113 0
Amortization of net unrealized gains on securities transferred to held-to-maturity (6) 0 (10) 0
Tax effect 1,734 (155) 4,886 557
Net change in unrealized gains (losses) on debt securities available for sale, net of tax (6,523) 584 (18,382) (2,094)
Less: reclassification adjustments:        
Reclassification for gains included in net income 0 0 0 0
Tax effect 0 0 0 0
Reclassification for gains included in net income, net of tax 0 0 0 0
Other comprehensive income (loss), net of tax (6,523) 584 (18,382) (2,094)
Comprehensive income (loss) $ 45 $ 8,402 $ (5,814) $ 13,502