CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | ||
| Net Income | $ 60,555 | $ 39,466 |
| Other comprehensive income: | ||
| Unrealized holding gain (loss) arising during the period | (14,722) | 4,877 |
| Reclassification adjustment for gains included in net income | (609) | (3,286) |
| Tax effect | 4,795 | (514) |
| Net of tax | (10,536) | 1,077 |
| Unrealized gain (loss) on cash flow hedges: | ||
| Unrealized holding gain (loss) arising during the period | 2,957 | (1,925) |
| Tax effect | (898) | 614 |
| Net of tax | 2,059 | (1,311) |
| Total other comprehensive income (loss) | (8,477) | (234) |
| Comprehensive Income | $ 52,078 | $ 39,232 |