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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net income $ 25,887 $ 23,699 $ 11,215
Unrealized (losses) gains on available-for-sale securities:      
Unrealized holding (losses) gains (27,478) (6,059) 3,660
Reclassification adjustment for net losses (gains) realized in income [1] 4 72 (1,965)
Unrealized (losses) gains (27,474) (5,987) 1,695
Tax effect 7,037 1,499 (410)
Net-of-tax amount (20,437) (4,488) 1,285
Cash flow hedges:      
Change in fair value of derivatives used for cash flow hedges (1,254)
Reclassification adjustment for loss realized in income for interest rate swap termination [2] 402 2,353
Reclassification adjustment for loss realized in interest expense [3] 674
Reclassification adjustment for termination fee realized in interest expense [4] 282 842
Unrealized gains on cash flow hedges 684 2,615
Tax effect (192) (736)
Net-of-tax amount 492 1,879
Defined benefit pension plan:      
Gains (losses) arising during the period 7,386 3,209 (8,037)
 Reclassification adjustment for gain realized in income for defined benefit plan curtailment [5] 2,807
Amortization of defined benefit plan actuarial loss [6] 531 910 421
Unrecognized actuarial gains (losses) on defined benefit plan 10,724 4,119 (7,616)
Tax effect (3,015) (1,158) 2,141
Net-of-tax amount 7,709 2,961 (5,475)
Other comprehensive loss (12,728) (1,035) (2,311)
Comprehensive income $ 13,159 $ 22,664 $ 8,904
[1] Realized gains and losses on available-for-sale securities are recognized as a component of non-interest income in the consolidated statements of net income.  The tax effects associated with the reclassification adjustments were $(1,000), $(15,000) and $502,000 for the years ended December 31, 2022, 2021 and 2020, respectively.
[2] Loss realized in income on interest rate swap termination is recognized as a component of non-interest income.  Income tax effects associated with the reclassification adjustments were $113,000 and $661,000 for the years ended December 31, 2021 and 2020.
[3] Loss realized in interest expense on derivative instruments is recognized as a component of interest expense on long-term debt in the consolidated statements of net income. Income tax effects associated with the reclassification adjustment was $189,000 for the year ended December 31, 2020.
[4] Termination fee realized in interest expense on derivative instruments is recognized as a component of interest expense on long-term debt in the consolidated statements of net income. Income tax effects associated with the reclassification adjustments were $79,000 and $237,000 for the years ended December 31, 2021 and 2020, respectively.
[5] Realized gains on defined benefit plan curtailment are recognized as a component of non-interest income in the consolidated statements of net income.  The tax effects associated with the reclassification adjustment were $789,000 for the year ended December 31, 2022.
[6] Amounts represent the reclassification of defined benefit plan amortization and have been recognized as a component of non-interest expense in the consolidated statements of net income.  Income tax effects associated with the reclassification adjustments were $149,000, $256,000 and $118,000 for the years ended December 31, 2022, 2021 and 2020, respectively.