Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2021

Equity [Abstract]

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 September 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	(31,379)		17		—		(31,362)
Amounts reclassified from accumulated other comprehensive income	(4,200)		615		—		(3,585)
Period change	(35,579)		632		—		(34,947)
Balance at September 30, 2021	$	52,409	$	(962)	$	(11,558)	$	39,889
Balance at December 31, 2019	$	38,872	$	(1,141)	$	(9,857)	$	27,874
Other comprehensive income (loss) before reclassifications	45,729		(1,146)		—		44,583
Amounts reclassified from accumulated other comprehensive income	(7,503)		514		—		(6,989)
Period change	38,226		(632)		—		37,594
Balance at September 30, 2020	$	77,098	$	(1,773)	$	(9,857)	$	65,468

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 nine months ended September 30, 2021 and 2020.

	Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Three Months Ended September 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	$	1,756	$	1,817	Other income - net realized gains on sales of available for sale securities
Related income tax expense	(369)		(382)		Income tax expense
	$	1,387	$	1,435
Unrealized gains (losses) on cash flow hedges (2)
Interest rate contracts	$	(266)	$	(294)	Interest expense - subordinated debentures and term loans
Related income tax benefit	56		62		Income tax expense
	$	(210)	$	(232)
Total reclassifications for the period, net of tax	$	1,177	$	1,203

	Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Nine Months Ended September 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	$	5,316	$	9,497	Other income - net realized gains on sales of available for sale securities
Related income tax expense	(1,116)		(1,994)		Income tax expense
	$	4,200	$	7,503
Unrealized gains (losses) on cash flow hedges (2)
Interest rate contracts	$	(779)	$	(651)	Interest expense - subordinated debentures and term loans
Related income tax benefit	164		137		Income tax expense
	$	(615)	$	(514)
Total reclassifications for the period, net of tax	$	3,585	$	6,989

(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.