Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

v3.22.2.2
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) [Abstract]        
Net income $ 10,045 $ 7,202 $ 22,614 $ 22,798
Unrealized gains (losses):        
Net change in unrealized gains (losses) on debt securities available for sale (17,714) (792) (41,085) (3,443)
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 (5) 0 (16) 0
Tax effect 3,721 166 8,608 723
Net change in unrealized gains (losses) on debt securities available for sale, net of tax (13,998) (626) (32,380) (2,720)
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 (13,998) (626) (32,380) (2,720)
Comprehensive income (loss) $ (3,953) $ 6,576 $ (9,766) $ 20,078