Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of accumulated other comprehensive income (loss)

The following table summarizes the changes in the balances of each component of accumulated other comprehensive income (loss), net of tax, as of June 30, 2021 and 2020:


	Accumulated Other Comprehensive Income (Loss)
	Unrealized Gains (Losses) on Securities Available for Sale		Unrealized Gains (Losses) on Cash Flow Hedges		Unrealized Gains (Losses) on Defined Benefit Plans		Total
Balance at December 31, 2020	$	87,988	$	(1,594)	$	(11,558)	$	74,836
Other comprehensive income (loss) before reclassifications	(12,382)		33		—		(12,349)
Amounts reclassified from accumulated other comprehensive income	(2,812)		405		—		(2,407)
Period change	(15,194)		438		—		(14,756)

Balance at June 30, 2021	$	72,794	$	(1,156)	$	(11,558)	$	60,080


Balance at December 31, 2019	$	38,872	$	(1,141)	$	(9,857)	$	27,874
Other comprehensive income (loss) before reclassifications	42,909		(1,153)		—		41,756
Amounts reclassified from accumulated other comprehensive income	(6,067)		282		—		(5,785)
Period change	36,842		(871)		—		35,971

Balance at June 30, 2020	$	75,714	$	(2,012)	$	(9,857)	$	63,845

Schedule of reclassification out of accumulated other comprehensive income (loss)

The following table presents the reclassification adjustments out of accumulated other comprehensive income (loss) that were included in net income in the Consolidated Condensed Statements of Income for the three and six months ended June 30, 2021 and 2020.


	Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Three Months Ended June 30,
Details about Accumulated Other Comprehensive Income (Loss) Components	2021		2020		Affected Line Item in the Statements of Income
Unrealized gains (losses) on available for sale securities (1)
Realized securities gains reclassified into income	$	1,761	$	3,068	Other income - net realized gains on sales of available for sale securities
Related income tax expense	(370)		(644)		Income tax expense
	$	1,391	$	2,424

Unrealized gains (losses) on cash flow hedges (2)
Interest rate contracts	$	(260)	$	(231)	Interest expense - subordinated debentures and term loans
Related income tax benefit	55		49		Income tax expense
	$	(205)	$	(182)






Total reclassifications for the period, net of tax	$	1,186	$	2,242




	Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Six Months Ended June 30,
Details about Accumulated Other Comprehensive Income (Loss) Components	2021		2020		Affected Line Item in the Statements of Income
Unrealized gains (losses) on available for sale securities (1)
Realized securities gains reclassified into income	$	3,560	$	7,680	Other income - net realized gains on sales of available for sale securities
Related income tax expense	(748)		(1,613)		Income tax expense
	$	2,812	$	6,067

Unrealized gains (losses) on cash flow hedges (2)
Interest rate contracts	$	(513)	$	(357)	Interest expense - subordinated debentures and term loans
Related income tax benefit	108		75		Income tax expense
	$	(405)	$	(282)






Total reclassifications for the period, net of tax	$	2,407	$	5,785

(1) For additional detail related to unrealized gains (losses) on available for sale securities and related amounts reclassified from accumulated other comprehensive income see NOTE 3. INVESTMENT SECURITIES of these Notes to Consolidated Condensed Financial Statements.

(2) For additional detail related to unrealized gains (losses) on cash flow hedges and related amounts reclassified from accumulated other comprehensive income see NOTE 7. DERIVATIVE FINANCIAL INSTRUMENTS of these Notes to Consolidated Condensed Financial Statements.