Note 15 - Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

Note 15 – Accumulated Other Comprehensive Income (Loss)

Changes in each component of accumulated other comprehensive income (loss) ("AOCI") for the three and nine months ended September 30, 2021 and 2020 were as follows (dollars in thousands):

For the Three Months Ended	Net Unrealized Gains (Losses) on Securities			Unrealized Gains (Losses) on Cash Flow Hedges			Adjustments Related to Pension Benefits			Accumulated Other Comprehensive Income (Loss)
Balance at June 30, 2020	$	8,418		$	(4,403	)	$	(1,301	)	$	2,714
Net unrealized losses on securities available for sale, net of tax, $(53)		(192	)		—			—			(192	)
Net unrealized gains on cash flow hedges, net of tax, $53		—			190			—			190
Balance at September 30, 2020	$	8,226		$	(4,213	)	$	(1,301	)	$	2,712
Balance at June 30, 2021	$	4,430		$	(2,761	)	$	(1,637	)	$	32
Net unrealized losses on securities available for sale, net of tax, $(474)		(1,717	)		—			—			(1,717	)
Net unrealized gains on cash flow hedges, net of tax, $49		—			181			—			181
Balance at September 30, 2021	$	2,713		$	(2,580	)	$	(1,637	)	$	(1,504	)

For the Nine Months Ended	Net Unrealized Gains (Losses) on Securities			Unrealized Gains (Losses) on Cash Flow Hedges			Adjustments Related to Pension Benefits			Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2019	$	2,902		$	(2,084	)	$	(1,301	)	$	(483	)
Net unrealized gains on securities available for sale, net of tax, $1,641		5,962			—			—			5,962
Reclassification adjustment for realized gains on securities, net of tax, $(176)		(638	)		—			—			(638	)
Net unrealized losses on cash flow hedges, net of tax, $(586)		—			(2,129	)		—			(2,129	)
Balance at September 30, 2020	$	8,226		$	(4,213	)	$	(1,301	)	$	2,712
Balance at December 31, 2020	$	7,920		$	(3,846	)	$	(1,637	)	$	2,437
Net unrealized losses on securities available for sale, net of tax, $(1,450)		(5,207	)		—			—			(5,207	)
Net unrealized gains on cash flow hedges, net of tax, $337		—			1,266			—			1,266
Balance at September 30, 2021	$	2,713		$	(2,580	)	$	(1,637	)	$	(1,504	)

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

 For the Three and Nine Months Ended September 30, 2021 and 2020

(dollars in thousands)

For the Three Months Ended September 30, 2021	Amount Reclassified from AOCI		Affected Line Item in the Statement of Where Net Income is Presented
Details about AOCI Components
Available for sale securities:
Realized gains on sales and calls of securities	$	—	Securities gains, net
		—	Income taxes
Total reclassifications	$	—	Net of tax

For the Three Months Ended September 30, 2020	Amount Reclassified from AOCI		Affected Line Item in the Statement of Where Net Income is Presented
Details about AOCI Components
Available for sale securities:
Realized gains on sales and calls of securities	$	—	Securities gains, net
		—	Income taxes
Total reclassifications	$	—	Net of tax

For the Nine Months Ended September 30, 2021	Amount Reclassified from AOCI		Affected Line Item in the Statement of Where Net Income is Presented
Details about AOCI Components
Available for sale securities:
Realized gains on sales and calls of securities	$	—	Securities gains, net
		—	Income taxes
Total reclassifications	$	—	Net of tax

For the Nine Months Ended September 30, 2020	Amount Reclassified from AOCI			Affected Line Item in the Statement of Where Net Income is Presented
Details about AOCI Components
Available for sale securities:
Realized gains on sales and calls of securities	$	814		Securities gains, net
		(176	)	Income taxes
Total reclassifications	$	638		Net of tax