| Activity in Accumulated Other Comprehensive Income |
Activity in accumulated other comprehensive income for the nine months ended September 30, 2016 and 2015 was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Gains
and Losses on
Available for Sale
Securities |
|
Unrealized Gains
and Losses on
Interest-Only
Strip |
|
Tax Benefit (Expense) |
|
Total |
|
(in thousands) |
September 30, 2016 |
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
(2,331 |
) |
|
$ |
9 |
|
|
$ |
2,007 |
|
|
$ |
(315 |
) |
Other comprehensive income (loss) before reclassification |
13,518 |
|
|
(9 |
) |
|
(5,593 |
) |
|
7,916 |
|
Reclassification from accumulated other comprehensive income |
(46 |
) |
|
— |
|
|
— |
|
|
(46 |
) |
Period change |
13,472 |
|
|
(9 |
) |
|
(5,593 |
) |
|
7,870 |
|
Balance at end of period |
$ |
11,141 |
|
|
$ |
— |
|
|
$ |
(3,586 |
) |
|
$ |
7,555 |
|
|
|
|
|
|
|
|
|
September 30, 2015 |
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
(985 |
) |
|
$ |
16 |
|
|
$ |
1,432 |
|
|
$ |
463 |
|
Other comprehensive income (loss) before reclassification |
9,066 |
|
|
(7 |
) |
|
(1,220 |
) |
|
7,839 |
|
Reclassification from accumulated other comprehensive income |
(6,144 |
) |
|
— |
|
|
— |
|
|
(6,144 |
) |
Period change |
2,922 |
|
|
(7 |
) |
|
(1,220 |
) |
|
1,695 |
|
Balance at end of period |
$ |
1,937 |
|
|
$ |
9 |
|
|
$ |
212 |
|
|
$ |
2,158 |
|
Activity in accumulated other comprehensive income for the three months ended September 30, 2016 and 2015 was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Gains
and Losses on
Available for Sale
Securities
|
|
Unrealized Gains
and Losses on
Interest-Only
Strip
|
|
Tax Benefit (Expense) |
|
Total |
|
(in thousands) |
September 30, 2016 |
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
13,816 |
|
|
$ |
— |
|
|
$ |
(4,695 |
) |
|
$ |
9,121 |
|
Other comprehensive (loss) income before reclassification |
(2,629 |
) |
|
— |
|
|
1,109 |
|
|
(1,520 |
) |
Reclassification from accumulated other comprehensive income |
(46 |
) |
|
— |
|
|
— |
|
|
(46 |
) |
Period change |
(2,675 |
) |
|
— |
|
|
1,109 |
|
|
(1,566 |
) |
Balance at end of period |
$ |
11,141 |
|
|
$ |
— |
|
|
$ |
(3,586 |
) |
|
$ |
7,555 |
|
|
|
|
|
|
|
|
|
September 30, 2015 |
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
(1,079 |
) |
|
$ |
16 |
|
|
$ |
1,486 |
|
|
$ |
423 |
|
Other comprehensive income (loss) before reclassification |
5,064 |
|
|
(7 |
) |
|
(1,274 |
) |
|
3,783 |
|
Reclassification from accumulated other comprehensive income |
(2,048 |
) |
|
— |
|
|
— |
|
|
(2,048 |
) |
Period change |
3,016 |
|
|
(7 |
) |
|
(1,274 |
) |
|
1,735 |
|
Balance at end of period |
$ |
1,937 |
|
|
$ |
9 |
|
|
$ |
212 |
|
|
$ |
2,158 |
|
|