ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2023

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

Schedule of Changes in Accumulated Other Comprehensive Income (loss)

The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the three months ended September 30, 2023 and 2022, all shown net of tax:

(dollars in thousands)	Unrealized Gains and Losses on Available- for-Sales Securities		Defined Benefit Pension Items		Total
Balance at July 1, 2023	$	(176,898)	$	(747)	$	(177,645)
Other comprehensive income (loss) before reclassification	(50,900)		0		(50,900)
Amounts reclassified from accumulated other comprehensive income (loss)	423		11		434
Net current period other comprehensive income (loss)	(50,477)		11		(50,466)
Balance at September 30, 2023	$	(227,375)	$	(736)	$	(228,111)

(dollars in thousands)	Unrealized Gains and Losses on Available- for-Sales Securities		Defined Benefit Pension Items		Total
Balance at July 1, 2022	$	(157,625)	$	(909)	$	(158,534)
Other comprehensive income (loss) before reclassification	(63,620)		0		(63,620)
Amounts reclassified from accumulated other comprehensive income (loss)	398		27		425
Net current period other comprehensive income (loss)	(63,222)		27		(63,195)
Balance at September 30, 2022	$	(220,847)	$	(882)	$	(221,729)

The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the nine months ended September 30, 2023 and 2022, 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, 2023	$	(188,154)	$	(769)	$	(188,923)
Other comprehensive income (loss) before reclassification	(40,407)		0		(40,407)
Amounts reclassified from accumulated other comprehensive income (loss)	1,186		33		1,219
Net current period other comprehensive income (loss)	(39,221)		33		(39,188)
Balance at September 30, 2023	$	(227,375)	$	(736)	$	(228,111)

(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 income (loss) before reclassification	(238,689)		0		(238,689)
Amounts reclassified from accumulated other comprehensive income (loss)	786		81		867
Net current period other comprehensive income (loss)	(237,903)		81		(237,822)
Balance at September 30, 2022	$	(220,847)	$	(882)	$	(221,729)

Schedule of Reclassification Accumulated Other Comprehensive Income (loss)

Reclassifications out of other accumulated other comprehensive income (loss) for the three months ended September 30, 2023 are as follows:

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified From Accumulated Other Comprehensive Income (Loss)		Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands)
Amortization of unrealized losses on held-to-maturity securities	$	(501)	Interest income
Realized gains and (losses) on available-for-sale securities	(35)		Net securities gains (losses)
Tax effect	113		Income tax expense
	(423)		Net of tax
Amortization of defined benefit pension items	(15)		Other expense
Tax effect	4		Income tax expense
	(11)		Net of tax
Total reclassifications for the period	$	(434)	Net income

Reclassifications out of other accumulated comprehensive income (loss) for the three months ended September 30, 2022 are as follows:

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified From Accumulated Other Comprehensive Income (Loss)		Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands)
Amortization of unrealized losses on held-to-maturity securities	$	(504)	Interest income
Tax effect	106		Income tax expense
	(398)		Net of tax
Amortization of defined benefit pension items	(36)		Other expense
Tax effect	9		Income tax expense
	(27)		Net of tax
Total reclassifications for the period	$	(425)	Net income

Reclassifications out of accumulated comprehensive income (loss) for the nine months ended September 30, 2023 are as follows:

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified From Accumulated Other Comprehensive Income (Loss)		Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands)
Amortization of unrealized losses on held-to-maturity securities	$	(1,486)	Interest income
Realized gains and (losses) on available-for-sale securities	(16)		Net securities gains (losses)
Tax effect	316		Income tax expense
	(1,186)		Net of tax
Amortization of defined benefit pension items	(45)		Other expense
Tax effect	12		Income tax expense
	(33)		Net of tax
Total reclassifications for the period	$	(1,219)	Net income

Reclassifications out of accumulated other comprehensive income (loss) for the nine months ended September 30, 2022 are as follows:

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified From Accumulated Other Comprehensive Income (Loss)		Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands)
Amortization of unrealized losses on held-to-maturity securities	$	(995)	Interest income
Tax effect	209		Income tax expense
	(786)		Net of tax
Amortization of defined benefit pension items	(108)		Other expense
Tax effect	27		Income tax expense
	(81)		Net of tax
Total reclassifications for the period	$	(867)	Net income