Note 15 - Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

Note 15 – Accumulated Other Comprehensive Income (Loss)

Changes in each component of AOCI for the three months ended March 31, 2023 and 2022 were as follows (dollars in thousands):

For the Three Months Ended	Net Unrealized Losses on Securities			Unrealized Gains (Losses) on Cash Flow Hedges			Adjustments Related to Pension Benefits			Accumulated Other Comprehensive Loss
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	)
Balance at December 31, 2022	$	(55,710	)	$	1,047		$	(313	)	$	(54,976	)
Net unrealized gains on securities available for sale, net of tax, $1,871		6,737			—			—			6,737
Reclassification adjustment for realized gains on securities, net of tax, ($7)		61			—			—			61
Net unrealized losses on cash flow hedges, net of tax, $(117)		—			(439	)		—			(439	)
Balance at March 31, 2023	$	(48,912	)	$	608		$	(313	)	$	(48,617	)