Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2022

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

The following tables summarize the changes, net of tax, within each classification of accumulated other comprehensive income/(loss) for the three and six months ended June 30, 2022 and 2021. 

	Unrealized
	gains and		2022
	(Losses) on available- for-sale		Retirement
(Dollar amounts in thousands)	Securities		plans		Total
Beginning balance, April 1,	$	(53,240)	$	(17,785)	$	(71,025)
Change in other comprehensive income (loss) before reclassification	(55,919)		—		(55,919)
Amounts reclassified from accumulated other comprehensive income	—		314		314
Net current period other comprehensive income (loss)	(55,919)		314		(55,605)
Ending balance, June 30,	$	(109,159)	$	(17,471)	$	(126,630)

	Unrealized
	gains and		2022
	(Losses) on available- for-sale		Retirement
(Dollar amounts in thousands)	Securities		plans		Total
Beginning balance, January 1,	$	15,674	$	(18,100)	$	(2,426)
Change in other comprehensive income (loss) before reclassification	(124,829)		—		(124,829)
Amounts reclassified from accumulated other comprehensive income	(4)		629		625
Net current period other comprehensive loss	—		—		—
Net current period other comprehensive income (loss)	(124,833)		629		(124,204)
Ending balance, June 30,	$	(109,159)	$	(17,471)	$	(126,630)

	Unrealized
	gains and		2021
	(Losses) on available- for-sale		Retirement
(Dollar amounts in thousands)	Securities		plans		Total
Beginning balance, April 1,	$	23,094	$	(23,926)	$	(832)
Change in other comprehensive income (loss) before reclassification	1,965		—		1,965
Amounts reclassified from accumulated other comprehensive income	(193)		472		279
Net current period other comprehensive income (loss)	1,772		472		2,244
Ending balance, June 30,	$	24,866	$	(23,454)	$	1,412

	Unrealized
	gains and		2021
	(Losses) on available- for-sale		Retirement
(Dollar amounts in thousands)	Securities		plans		Total
Beginning balance, January 1,	$	34,162	$	(24,398)	$	9,764
Change in other comprehensive income (loss) before reclassification	(9,217)		—		(9,217)
Amounts reclassified from accumulated other comprehensive income	(79)		944		865
Net current period other comprehensive income (loss)	(9,296)		944		(8,352)
ASU 2018-02 adjustment	—		—		—
Ending balance, June 30,	$	24,866	$	(23,454)	$	1,412

	Balance at		Current Period		Balance at
(Dollar amounts in thousands)	4/1/2022		Change		6/30/2022
Unrealized gains (losses) on securities available-for-sale
without other than temporary impairment	$	(55,888)	$	(55,586)	$	(111,474)
Unrealized gains (losses) on securities available-for-sale
with other than temporary impairment	2,648		(333)		2,315
Total unrealized loss on securities available-for-sale	$	(53,240)	$	(55,919)	$	(109,159)
Unrealized gain (loss) on retirement plans	(17,785)		314		(17,471)
TOTAL	$	(71,025)	$	(55,605)	$	(126,630)

	Balance at		Current Period		Balance at
(Dollar amounts in thousands)	1/1/2022		Change		6/30/2022
Unrealized gains (losses) on securities available-for-sale
without other than temporary impairment	$	13,155	$	(124,629)	$	(111,474)
Unrealized gains (losses) on securities available-for-sale
with other than temporary impairment	2,519		(204)		2,315
Total unrealized gain (loss) on securities available-for-sale	$	15,674	$	(124,833)	$	(109,159)
Unrealized loss on retirement plans	(18,100)		629		(17,471)
TOTAL	$	(2,426)	$	(124,204)	$	(126,630)

	Balance at		Current Period		Balance at
(Dollar amounts in thousands)	4/1/2021		Change		6/30/2021
Unrealized gains (losses) on securities available-for-sale
without other than temporary impairment	$	20,598	$	1,819	$	22,417
Unrealized gains (losses) on securities available-for-sale
with other than temporary impairment	2,496		(47)		2,449
Total unrealized gain (loss) on securities available-for-sale	$	23,094	$	1,772	$	24,866
Unrealized loss on retirement plans	(23,926)		472		(23,454)
TOTAL	$	(832)	$	2,244	$	1,412

	Balance at		Current Period		Balance at
(Dollar amounts in thousands)	1/1/2021		Change		6/30/2021
Unrealized gains (losses) on securities available-for-sale
without other than temporary impairment	$	31,810	$	(9,393)	$	22,417
Unrealized gains (losses) on securities available-for-sale
with other than temporary impairment	2,352		97		2,449
Total unrealized income (loss) on securities available-for-sale	$	34,162	$	(9,296)	$	24,866
Unrealized gain (loss) on retirement plans	(24,398)		944		(23,454)
TOTAL	$	9,764	$	(8,352)	$	1,412

	Three Months Ended June 30, 2022
Details about accumulated	Amount reclassified from		Affected line item in
other comprehensive	accumulated other		the statement where
income components	comprehensive income		net income is presented
	(in thousands)
Unrealized gains and losses	$	—	Net securities gains (losses)
on available-for-sale	—		Income tax expense
securities	$	—	Net of tax
Amortization of	$	(420)	(a) Salary and benefits
retirement plan items	106		Income tax expense
	$	(314)	Net of tax
Total reclassifications for the period	$	(314)	Net of tax

(a) Included in the computation of net periodic benefit cost. (see Footnote 6 for additional details).

	Six Months Ended June 30, 2022
Details about accumulated	Amount reclassified from		Affected line item in
other comprehensive	accumulated other		the statement where
income components	comprehensive income		net income is presented
	(in thousands)
Unrealized gains and losses	$	5	Net securities gains (losses)
on available-for-sale	(1)		Income tax expense
securities	$	4	Net of tax
Amortization of	$	(840)	(a) Salary and benefits
retirement plan items	211		Income tax expense
	$	(629)	Net of tax
Total reclassifications for the period	$	(625)	Net of tax

(a) Included in the computation of net periodic benefit cost. (see Footnote 6 for additional details).

	Three Months Ended June 30, 2021
Details about accumulated	Amount reclassified from		Affected line item in
other comprehensive	accumulated other		the statement where
income components	comprehensive income		net income is presented
	(in thousands)
Unrealized gains and losses	$	258	Net securities gains (losses)
on available-for-sale	(65)		Income tax expense
securities	$	193	Net of tax
Amortization of	$	(518)	(a) Salary and benefits
retirement plan items	46		Income tax expense
	$	(472)	Net of tax
Total reclassifications for the period	$	(279)	Net of tax

(a) Included in the computation of net periodic benefit cost. (see Footnote 6 for additional details). 

	Six Months Ended June 30, 2021
Details about accumulated	Amount reclassified from		Affected line item in
other comprehensive	accumulated other		the statement where
income components	comprehensive income		net income is presented
	(in thousands)
Unrealized gains and losses	$	106	Net securities gains (losses)
on available-for-sale	(27)		Income tax expense
securities	$	79	Net of tax
Amortization of	$	(1,036)	(a) Salary and benefits
retirement plan items	92		Income tax expense
	$	(944)	Net of tax
Total reclassifications for the period	$	(865)	Net of tax