Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 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 December 31, 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 before reclassifications	(23,732)		109		7,491		(16,132)
Amounts reclassified from accumulated other comprehensive income	(4,482)		825		66		(3,591)
Period change	(28,214)		934		7,557		(19,723)

Balance at December 31, 2021	$	59,774	$	(660)	$	(4,001)	$	55,113


Balance at December 31, 2019	$	38,872	$	(1,141)	$	(9,857)	$	27,874
Other comprehensive income before reclassifications	58,513		(1,169)		(1,767)		55,577
Amounts reclassified from accumulated other comprehensive income	(9,397)		716		66		(8,615)
Period change	49,116		(453)		(1,701)		46,962

Balance at December 31, 2020	$	87,988	$	(1,594)	$	(11,558)	$	74,836

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 Statements of Income for the years ended December 31, 2021, 2020 and 2019:


	Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Year Ended December 31,
Details about Accumulated Other Comprehensive Income (Loss) Components	2021		2020		2019		Affected Line Item in the Statements of Income
Unrealized gains (losses) on available for sale securities (1)
Realized securities gains reclassified into income	$	5,674	$	11,895	$	4,415	Other income - net realized gains on sales of available for sale securities
Related income tax benefit (expense)	(1,192)		(2,498)		(927)		Income tax expense
	$	4,482	$	9,397	$	3,488

Unrealized gains (losses) on cash flow hedges (2)
Interest rate contracts	$	(1,044)	$	(906)	$	(334)	Interest expense - subordinated debentures and term loans
Related income tax benefit (expense)	219		190		70		Income tax expense
	$	(825)	$	(716)	$	(264)

Unrealized gains (losses) on defined benefit plans
Amortization of net loss and prior service costs	$	(84)	$	(84)	$	(106)	Other expenses - salaries and employee benefits
Related income tax benefit (expense)	18		18		22		Income tax expense
	$	(66)	$	(66)	$	(84)

Total reclassifications for the period, net of tax	$	3,591	$	8,615	$	3,140

(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 4. INVESTMENT SECURITIES of these Notes to Consolidated 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 12. DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES of these Notes to Consolidated Financial Statements.