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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Before Tax Amount    
Income (loss) before tax amount $ 26,081 $ 25,168
Net unrealized gains (losses) on available-for-sale investment securities, before tax amount    
Net unrealized holding gains (losses) arising during the period 5,393 (20,369)
Provision for credit losses 292 346
Less: reclassification adjustment for net gains on sales realized in net income [1] 0 (30)
Other comprehensive income (loss), securities, available-for-sale, adjustment, before tax 5,685 (20,053)
Net unrealized gains (losses) on interest rate swaps used in cash flow hedges, before tax amount    
Net unrealized holding gains arising during the period 1,306 76
Less: reclassification adjustment for net losses realized in net income (2) [2] 1,060 68
Total net unrealized gains on interest rate swaps used in cash flow hedges 2,366 144
Defined benefit pension plans, Before Tax Amount    
Amortization of net actuarial loss included in net periodic pension costs [3] 246 218
Total defined benefit pension plans 246 218
Other comprehensive income (loss), before tax amount 8,297 (19,691)
Total comprehensive income (loss), before tax amount 34,378 5,477
Tax Expense (Benefit)    
Income tax expense 5,047 4,851
Net unrealized gains (losses) on available-for-sale investment securities, tax expense (benefit)    
Other comprehensive income (loss), securities, available-for-sale, unrealized holding gain (loss) arising during period, tax 1,133 (4,278)
(Reversal of provision) provision for credit losses, tax 61 73
Less: reclassification adjustment for net gains on sales realized in net income [1] 0 (6)
Total net unrealized gains (losses) on available-for-sale investment securities 1,194 (4,211)
Net unrealized gains (losses) on interest rate swaps used in cash flow hedges, tax expense (benefit)    
Net unrealized holding gains arising during the period 274 16
Less: reclassification adjustment for net losses realized in net income (2) [2] 223 14
Total net unrealized gains on interest rate swaps used in cash flow hedges 497 30
Defined benefit pension plans, tax expense (benefit)    
Amortization of net actuarial loss included in net periodic pension costs [3] 52 46
Other comprehensive (income) loss, defined benefit plan, after reclassification adjustment, tax 52 46
Other comprehensive income (loss), tax expense (benefit) 1,743 (4,135)
Total comprehensive income (loss), tax expense (benefit) 6,790 716
Net of Tax Amount    
Net income 21,034 20,317
Net unrealized gains (losses) on available-for-sale investment securities, net of tax amount    
Net unrealized holding gains (losses) arising during the period 4,260 (16,091)
Provision for credit losses (231) (273)
Less: reclassification adjustment for net gains on sales realized in net income [1] 0 (24)
Other comprehensive income (loss), securities, available-for-sale, adjustment, after tax 4,491 (15,842)
Net unrealized gains (losses) on interest rate swaps used in cash flow hedges, net of tax amount    
Net unrealized holding gains arising during the period 1,032 60
Less: reclassification adjustment for net losses realized in net income (2) [2] 837 54
Total net unrealized gains on interest rate swaps used in cash flow hedges 1,869 114
Defined benefit pension plans, net of tax amount    
Amortization of net actuarial loss included in net periodic pension costs [3] 194 172
Other comprehensive (income) loss, defined benefit plan, after reclassification adjustment, after tax 194 172
Other comprehensive income (loss), net of tax amount 6,554 (15,556)
Total comprehensive income (loss), net of tax amount $ 27,588 $ 4,761
[1] (1) Included in net gain on sales of investment securities on the condensed consolidated statements of income (before tax amount).
[2] (2) Included in interest expense on demand deposits on the condensed consolidated statements of income (before tax amount).
[3]
(3) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (before tax amount). See Note 8, "Retirement Plans and Other Postretirement Benefits" for additional details.
Note: See accompanying notes to the unaudited condensed consolidated financial statements.