ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2021

The related tax effects allocated to other comprehensive income and reclassifications out of accumulated other comprehensive income (loss) are as follows:


	Three months ended September 30, 2021
	Total other comprehensive income (loss)										Total accumulated other comprehensive income (loss)
(Dollars in thousands)	Prior to reclass		Reclass from		Pre-tax		Tax effect		Net of tax		Beginning balance		Net activity		Ending balance
Unrealized gain (loss) on debt securities	$	(21,920)	$	(313)	$	(21,607)	$	4,664	$	(16,943)	$	54,826	$	(16,943)	$	37,883

Retirement obligation	0		(567)		567		(129)		438		(24,091)		438		(23,653)
Total	$	(21,920)	$	(880)	$	(21,040)	$	4,535	$	(16,505)	$	30,735	$	(16,505)	$	14,230

	Three months ended September 30, 2020
	Total other comprehensive income (loss)										Total accumulated other comprehensive income (loss)
(Dollars in thousands)	Prior to reclass		Reclass from		Pre-tax		Tax effect		Net of tax		Beginning balance		Net activity		Ending balance
Unrealized gain (loss) on debt securities	$	6,931	$	2	$	6,929	$	(1,495)	$	5,434	$	63,691	$	5,434	$	69,125

Retirement obligation	0		(519)		519		(118)		401		(27,260)		401		(26,859)
Total	$	6,931	$	(517)	$	7,448	$	(1,613)	$	5,835	$	36,431	$	5,835	$	42,266


	Nine months ended September 30, 2021
	Total other comprehensive income (loss)										Total accumulated other comprehensive income (loss)
(Dollars in thousands)	Prior to reclass		Reclass from		Pre-tax		Tax effect		Net of tax		Beginning balance		Net activity		Ending balance
Unrealized gain (loss) on debt securities	$	(46,262)	$	(744)	$	(45,518)	$	9,825	$	(35,693)	$	73,576	$	(35,693)	$	37,883

Retirement obligation	0		(1,631)		1,631		(372)		1,259		(24,912)		1,259		(23,653)
Total	$	(46,262)	$	(2,375)	$	(43,887)	$	9,453	$	(34,434)	$	48,664	$	(34,434)	$	14,230


	Nine months ended September 30, 2020
	Total other comprehensive income (loss)										Total accumulated other comprehensive income (loss)
(Dollars in thousands)	Prior to reclass		Reclass from		Pre-tax		Tax effect		Net of tax		Beginning balance		Net activity		Ending balance
Unrealized gain (loss) on debt securities	$	35,474	$	(55)	$	35,529	$	(7,668)	$	27,861	$	41,264	$	27,861	$	69,125

Retirement obligation	0		(1,401)		1,401		(319)		1,082		(27,941)		1,082		(26,859)
Total	$	35,474	$	(1,456)	$	36,930	$	(7,987)	$	28,943	$	13,323	$	28,943	$	42,266

Other Accumulated Comprehensive income reclassified from AOCI

The following table presents the activity reclassified from accumulated other comprehensive income into income during the three and nine month periods ended September 30, 2021 and 2020, respectively:


	Amount reclassified from accumulated other comprehensive income (loss)
	Three months ended				Nine months ended
	September 30,				September 30,
(Dollars in thousands)	2021		2020		2021		2020		Affected Line Item in the Consolidated Statements of Income


Realized gain (loss) on securities available-for-sale	$	(313)	$	2	$	(744)	$	(55)	Net gains (losses) on sales of investments securities
Defined benefit pension plan
Amortization of prior service cost (1)	105		106		307		308		Other noninterest expense
Recognized net actuarial loss (1)	(672)		(625)		(1,938)		(1,709)		Other noninterest expense
Defined benefit pension plan total	(567)		(519)		(1,631)		(1,401)
Total reclassifications for the period, before tax	$	(880)	$	(517)	$	(2,375)	$	(1,456)

(1) Included in the computation of net periodic pension cost (see Note 13 - Employee Benefit Plans for additional details).