| Activity in Accumulated Other Comprehensive Income |
Activity in accumulated other comprehensive income for the year ended December 31, 2018, 2017 and 2016 was as follows:
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|
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|
|
|
|
|
|
|
|
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|
|
|
|
|
|
Unrealized
Gains
and Losses on
Available-for-Sale
Securities |
|
Unrealized Gains and Losses on Interest-Only Strip |
|
Tax Benefit
(Expense) |
|
Total |
|
|
|
(in thousands) |
|
|
For the year ended December 31, 2018 |
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
(3,188 |
) |
|
$ |
— |
|
|
$ |
1,319 |
|
|
$ |
(1,869 |
) |
Other comprehensive loss before reclassification |
(5,790 |
) |
|
— |
|
|
1,684 |
|
|
(4,106 |
) |
Reclassification from accumulated other comprehensive loss |
(87 |
) |
|
— |
|
|
— |
|
|
(87 |
) |
Adjustments to accumulated other comprehensive income |
529 |
|
|
— |
|
|
(546 |
) |
|
(17 |
) |
Period change |
(5,348 |
) |
|
— |
|
|
1,138 |
|
|
(4,210 |
) |
Balance at end of period |
$ |
(8,536 |
) |
|
$ |
— |
|
|
$ |
2,457 |
|
|
$ |
(6,079 |
) |
|
|
|
|
|
|
|
|
For the year ended December 31, 2017 |
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
(4,089 |
) |
|
$ |
— |
|
|
$ |
1,695 |
|
|
$ |
(2,394 |
) |
Other comprehensive income before reclassification |
2,649 |
|
|
— |
|
|
(376 |
) |
|
2,273 |
|
Reclassification from accumulated other comprehensive income |
(1,748 |
) |
|
— |
|
|
— |
|
|
(1,748 |
) |
Period change |
901 |
|
|
— |
|
|
(376 |
) |
|
525 |
|
Balance at end of period |
$ |
(3,188 |
) |
|
$ |
— |
|
|
$ |
1,319 |
|
|
$ |
(1,869 |
) |
|
|
|
|
|
|
|
|
For the year ended December 31, 2016 |
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
(2,331 |
) |
|
$ |
9 |
|
|
$ |
2,007 |
|
|
$ |
(315 |
) |
Other comprehensive loss before reclassification |
(1,712 |
) |
|
(9 |
) |
|
(312 |
) |
|
(2,033 |
) |
Reclassification from accumulated other comprehensive loss |
(46 |
) |
|
— |
|
|
— |
|
|
(46 |
) |
Period change |
(1,758 |
) |
|
(9 |
) |
|
(312 |
) |
|
(2,079 |
) |
Balance at end of period |
$ |
(4,089 |
) |
|
$ |
— |
|
|
$ |
1,695 |
|
|
$ |
(2,394 |
) |
|