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Note 15 - Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

Note 15 – Accumulated Other Comprehensive Income (Loss)

 

There were no re-classifications out of accumulated other comprehensive income ("AOCI") for the periods ended March 31, 2022 or 2021. Changes in each component of AOCI for the three months ended March 31, 2022 and 2021 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 December 31, 2020

 $7,920  $(3,846) $(1,637) $2,437 
                 

Net unrealized losses on securities available for sale, net of tax, $(1,271)

  (4,611)        (4,611)
                 

Net unrealized gains on cash flow hedges, net of tax, $374

     1,407      1,407 
                 

Balance at March 31, 2021

 $3,309  $(2,439) $(1,637) $(767)
                 

Balance at December 31, 2021

 $(1,701) $(2,212) $(1,162) $(5,075)
                 

Net unrealized losses on securities available for sale, net of tax, $(6,662)

  (24,199)        (24,199)
                 

Net unrealized gains on cash flow hedges, net of tax, $396

     1,489      1,489 
                 

Balance at March 31, 2022

 $(25,900) $(723) $(1,162) $(27,785)