Accumulated Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2022

Accumulated Comprehensive Income [Abstract]

Changes in Accumulated Other Comprehensive Loss by Component, Net of Tax

The following tables present the changes in accumulated other comprehensive income by component, net of tax, for the three months ended March 31, 2022 and 2021 (in thousands):

	Three months ended March 31, 2022
	Unrealized gain (loss) on available for sale securities (a)			Defined Benefit Pension Items (a)			Unrealized gain (loss) on interest rate swap (a)		Total
Balance as of December 31, 2021	$	304		$	(1,968	)	$	1,509	$	(155	)
Other comprehensive income (loss) before reclassifications (net of tax)		(16,580	)		-			1,910		(14,670	)
Amounts reclassified from accumulated other comprehensive income (loss) (net of tax)		-			28			32		60
Net current period other comprehensive income (loss)		(16,580	)		28			1,942		(14,610	)
Balance as of March 31, 2022	$	(16,276	)	$	(1,940	)	$	3,451	$	(14,765	)

	Three months ended March 31, 2021
	Unrealized gain (loss) on available for sale securities (a)			Defined Benefit Pension Items (a)			Unrealized gain (loss) on interest rate swap (a)			Total
Balance as of December 31, 2020	$	6,058		$	(3,462	)	$	(9	)	$	2,587
Other comprehensive income (loss) before reclassifications (net of tax)		(3,235	)		-			1,590			(1,645	)
Amounts reclassified from accumulated other comprehensive income (loss) (net of tax)		(39	)		72			27			60
Net current period other comprehensive income (loss)		(3,274	)		72			1,617			(1,585	)
Balance as of March 31, 2021	$	2,784		$	(3,390	)	$	1,608		$	1,002

(a) Amounts in parentheses indicate debits on the Consolidated Balance Sheet.

Significant Amounts Reclassified Out of Each Component of Accumulated Other Comprehensive Income

The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three months ended March 31, 2022 and 2021 (in thousands):

Details about accumulated other comprehensive income (loss)	Amount reclassified from accumulated comprehensive income (loss) (a)						Affected line item in the Consolidated Statement of Income
	Three Months Ended March 31,
	2022			2021
Unrealized gains and losses on available for sale securities
	$	-		$	50		Available for sale securities gains, net
		-			(11	)	Provision for income taxes
	$	-		$	39		Net of tax
Defined benefit pension items
	$	(36	)	$	(91	)	Other expenses
		8			19		Provision for income taxes
	$	(28	)	$	(72	)	Net of tax
Unrealized gain (loss) on interest rate swap
	$	(40	)	$	(34	)	Interest expense
		8			7		Provision for income taxes
	$	(32	)	$	(27	)	Net of tax
Total reclassifications	$	(60	)	$	(60	)

(a) Amounts in parentheses indicate expenses and other amounts indicate income on the Consolidated Statement of Income