ACCUMULATED OTHER COMPREHENSIVE INCOME

3 Months Ended

Mar. 31, 2022

OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment and Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME

ACCUMULATED OTHER COMPREHENSIVE INCOME

The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the three months ended March 31, 2022 and 2021, all shown net of tax:

(dollars in thousands)	Unrealized Gains and Losses on Available- for-Sales Securities		Defined Benefit Pension Items		Total
Balance at January 1, 2022	$	17,056	$	(963)	$	16,093
Other comprehensive loss before reclassification	(109,807)		0		(109,807)
Amounts reclassified from accumulated other comprehensive loss	0		27		27
Net current period other comprehensive income (loss)	(109,807)		27		(109,780)
Balance at March 31, 2022	$	(92,751)	$	(936)	$	(93,687)

(dollars in thousands)	Unrealized Gains and Losses on Available- for-Sales Securities		Defined Benefit Pension Items		Total
Balance at January 1, 2021	$	29,182	$	(1,438)	$	27,744
Other comprehensive loss before reclassification	(12,084)		0		(12,084)
Amounts reclassified from accumulated other comprehensive income	(595)		45		(550)
Net current period other comprehensive income (loss)	(12,679)		45		(12,634)
Balance at March 31, 2021	$	16,503	$	(1,393)	$	15,110

Reclassifications out of other accumulated comprehensive loss for the three months ended March 31, 2022 are as follows:

Details about Accumulated Other Comprehensive Income Components	Amount Reclassified From Accumulated Other Comprehensive Income		Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands)
Amortization of defined benefit pension items	$	(36)	Other expense
Tax effect	9		Income tax expense
	(27)		Net of tax
Total reclassifications for the period	$	(27)	Net income

    Reclassifications out of other accumulated comprehensive income for the three months ended March 31, 2021 are as follows:

Details about Accumulated Other Comprehensive Income Components	Amount Reclassified From Accumulated Other Comprehensive Income		Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands)
Realized gains and losses on available-for-sale securities	$	753	Net securities gains
Tax effect	(158)		Income tax expense
	595		Net of tax
Amortization of defined benefit pension items	(60)		Other expense
Tax effect	15		Income tax expense
	(45)		Net of tax
Total reclassifications for the period	$	550	Net income