ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Sep. 30, 2020

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 9. 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, 2020 and 2019:

	Unrealized
	Gains and		Defined
	(Losses) on		Benefit
	Available-		Pension
	for-Sales		Gains
(dollars in thousands)	Securities		(Losses)		Total
Balance at July 1, 2020	$	26,256	$	(1,454)	$	24,802
Other comprehensive income before reclassification		688		0		688
Amounts reclassified from accumulated other comprehensive income (loss)		(314)		48		(266)
Net current period other comprehensive income		374		48		422
Balance at September 30, 2020	$	26,630	$	(1,406)	$	25,224

	Unrealized
	Gains and		Defined
	(Losses) on		Benefit
	Available-		Pension
	for-Sales		Gains
(dollars in thousands)	Securities		(Losses)		Total
Balance at July 1, 2019	$	10,818	$	(1,318)	$	9,500
Other comprehensive income before reclassification		3,934		0		3,934
Amounts reclassified from accumulated other comprehensive income (loss)		(6)		39		33
Net current period other comprehensive income		3,928		39		3,967
Balance at September 30, 2019	$	14,746	$	(1,279)	$	13,467

The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the nine months ended September 30, 2020 and 2019:

	Unrealized
	Gains and		Defined
	(Losses) on		Benefit
	Available-		Pension
	for-Sales		Gains
(dollars in thousands)	Securities		(Losses)		Total
Balance at January 1, 2020	$	13,607	$	(1,548)	$	12,059
Other comprehensive income before reclassification		13,386		0		13,386
Amounts reclassified from accumulated other comprehensive income (loss)		(363)		142		(221)
Net current period other comprehensive income		13,023		142		13,165
Balance at September 30, 2020	$	26,630	$	(1,406)	$	25,224

	Unrealized
	Gains and		Defined
	(Losses) on		Benefit
	Available-		Pension
	for-Sales		Gains
(dollars in thousands)	Securities		(Losses)		Total
Balance at January 1, 2019	$	(4,796)	$	(1,395)	$	(6,191)
Other comprehensive income before reclassification		19,636		0		19,636
Amounts reclassified from accumulated other comprehensive income (loss)		(94)		116		22
Net current period other comprehensive income		19,542		116		19,658
Balance at September 30, 2019	$	14,746	$	(1,279)	$	13,467

Reclassifications out of accumulated comprehensive income for the three months ended September 30, 2020 are as follows:

Details about	Amount		Affected Line Item
Accumulated Other	Reclassified From		in the Statement
Comprehensive	Accumulated Other		Where Net
Income Components	Comprehensive Income		Income is Presented
(dollars in thousands)
Unrealized gains and losses on available-for-sale securities	$	314	Net securities gains
Tax effect		(66)	Income tax expense
Subtotal		248	Net of tax
Amortization of defined benefit pension items		(63)	Other expense
Tax effect		15	Income tax expense
Subtotal		(48)	Net of tax
Total reclassifications for the period	$	200	Net income

Reclassifications out of accumulated comprehensive income for the three months ended September 30, 2019 are as follows:

Details about	Amount		Affected Line Item
Accumulated Other	Reclassified From		in the Statement
Comprehensive	Accumulated Other		Where Net
Income Components	Comprehensive Income		Income is Presented
(dollars in thousands)
Unrealized gains and losses on available-for-sale securities	$	6	Net securities gains
Tax effect		(1)	Income tax expense
Subtotal		5	Net of tax
Amortization of defined benefit pension items		(51)	Other expense
Tax effect		13	Income tax expense
Subtotal		(38)	Net of tax
Total reclassifications for the period	$	(33)	Net income

Reclassifications out of accumulated comprehensive income for the nine months ended September 30, 2020 are as follows:

Details about	Amount		Affected Line Item
Accumulated Other	Reclassified From		in the Statement
Comprehensive	Accumulated Other		Where Net
Income Components	Comprehensive Income		Income is Presented
(dollars in thousands)
Unrealized gains and losses on available-for-sale securities	$	363	Net securities gains
Tax effect		(76)	Income tax expense
Subtotal		287	Net of tax
Amortization of defined benefit pension items		(189)	Other expense
Tax effect		47	Income tax expense
Subtotal		(142)	Net of tax
Total reclassifications for the period	$	145	Net income

Reclassifications out of accumulated comprehensive income for the nine months ended September 30, 2019 are as follows:

Details about	Amount		Affected Line Item
Accumulated Other	Reclassified From		in the Statement
Comprehensive	Accumulated Other		Where Net
Income Components	Comprehensive Income		Income is Presented
(dollars in thousands)
Unrealized gains and losses on available-for-sale securities	$	94	Net securities gains
Tax effect		(20)	Income tax expense
Subtotal		74	Net of tax
Amortization of defined benefit pension items		(154)	Other expense
Tax effect		38	Income tax expense
Subtotal		(116)	Net of tax
Total reclassifications for the period	$	(42)	Net income