ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Components of Accumulated Other Comprehensive Loss

The following is a summary of the changes in accumulated other comprehensive income (loss) by component, net of tax, for the periods indicated (in thousands):


	Unrealized Gains and Losses on Securities Available for Sale		Defined Benefit and Other Benefit Plans		Total
Balance at January 1, 2023	$	(71,296)	$	(3,961)	$	(75,257)


Other comprehensive income before reclassification	5,775		—		5,775
Amounts reclassified from accumulated other comprehensive income	—		9		9
Net current period other comprehensive income	5,775		9		5,784
Balance at March 31, 2023	$	(65,521)	$	(3,952)	$	(69,473)


	Unrealized Gains and Losses on Securities Available for Sale		Defined Benefit and Other Benefit Plans		Total
Balance at January 1, 2022	$	(2,495)	$	(4,035)	$	(6,530)


Other comprehensive income before reclassification	(31,087)		—		(31,087)
Amounts reclassified from accumulated other comprehensive income	—		12		12
Net current period other comprehensive income (loss)	(31,087)		12		(31,075)
Balance at March 31, 2022	$	(33,582)	$	(4,023)	$	(37,605)

Schedule of Reclassification Out of Accumulated Other Comprehensive Income

The following is the reclassification out of accumulated other comprehensive income for the periods indicated (in thousands):


Details about Accumulated Other Comprehensive Income (Loss) Components	Three Months Ended March 31,				Affected Line Item in the Statement Where Net Income is Presented
	2023		2022




Amortization of defined pension plan and other benefit plan items:

Prior service costs (a)	$	—	$	—	Other components of net periodic pension and postretirement benefits
Actuarial losses (a)	12		14		Other components of net periodic pension and postretirement benefits
Tax effect	(3)		(2)		Income tax expense
Net of tax	9		12
Total reclassification for the period, net of tax	$	9	$	12

(a) These accumulated other comprehensive income components are included in the computation of net periodic pension and other benefit plan costs (see Note 11 for additional information).