Accumulated Other Comprehensive Loss (“AOCL”) (Tables)

12 Months Ended

Dec. 31, 2019

Accumulated Other Comprehensive Loss ("AOCL") [Abstract]

Schedule of Accumulated Other Comprehensive Loss

(in thousands)	Investment securities- with OTTI AFS		Investment securities- all other AFS		Investment securities- HTM		Cash Flow Hedge		Pension Plan		SERP		Total
Accumulated OCL, net:
Balance - January 1, 2018	$	(2,939)	$	(2,979)	$	(1,347)	$	582	$	(17,066)	$	(844)	$	(24,593)
Other comprehensive income/(loss)   before reclassifications		1,194		(540)		—		191		(1,833)		202		(786)
Amounts reclassified from accumulated   other comprehensive loss		(154)		(82)		216		—		882		114		976
Balance - December 31, 2018	$	(1,899)	$	(3,601)	$	(1,131)	$	773	$	(18,017)	$	(528)	$	(24,403)
Other comprehensive income/(loss)   before reclassifications		(497)		2,748		—		(858)		(3,189)		(730)		(2,526)
Amounts reclassified from accumulated   other comprehensive loss		(146)		—		232		—		789		83		958
Balance - December 31, 2019	$	(2,542)	$	(853)	$	(899)	$	(85)	$	(20,417)	$	(1,175)	$	(25,971)

Components of Comprehensive Income

Components of Other Comprehensive Loss (in thousands)	Before Tax Amount		Tax (Expense) Benefit		Net
For the year ended December 31, 2019
Available for sale (AFS) securities with OTTI:
Unrealized holding losses	$	(679)	$	182	$	(497)
Less:  accretable yield recognized in income		200		(54)		146
Net unrealized losses on investments with OTTI		(879)		236		(643)
Available for sale securities – all other:
Unrealized holding gains		3,753		(1,005)		2,748
Net unrealized gains on all other AFS securities		3,753		(1,005)		2,748
Held to maturity securities:
Unrealized holding gains		—		—		—
Less:  amortization recognized in income		(317)		85		(232)
Net unrealized gains on HTM securities		317		(85)		232
Cash flow hedges:
Unrealized holding losses		(1,172)		314		(858)
Net unrealized losses on cash flow hedges		(1,172)		314		(858)
Pension Plan:
Unrealized net actuarial loss		(4,355)		1,166		(3,189)
Less: amortization of unrecognized loss		(1,077)		288		(789)
Net pension plan liability adjustment		(3,278)		878		(2,400)
SERP:
Unrealized net actuarial loss		(997)		267		(730)
Less: amortization of unrecognized loss		(116)		31		(85)
Less: amortization of prior service costs		3		(1)		2
Net SERP liability adjustment		(884)		237		(647)
Other comprehensive loss	$	(2,143)	$	575	$	(1,568)

Components of Other Comprehensive Income (in thousands)	Before Tax Amount		Tax (Expense) Benefit		Net
For the year ended December 31, 2018
Available for sale (AFS) securities with OTTI:
Unrealized holding gains	$	1,638	$	(444)	$	1,194
Less:  accretable yield recognized in income		211		(57)		154
Net unrealized gains on investments with OTTI		1,427		(387)		1,040
Available for sale securities – all other:
Unrealized holding losses		(741)		201		(540)
Less: gains recognized in income		113		(31)		82
Net unrealized losses on all other AFS securities		(854)		232		(622)
Held to maturity securities:
Unrealized holding gains		—		—		—
Less:  amortization recognized in income		(296)		80		(216)
Net unrealized gains on HTM securities		296		(80)		216
Cash flow hedges:
Unrealized holding gains		262		(71)		191
Net unrealized gains on cash flow hedges		262		(71)		191
Pension Plan:
Unrealized net actuarial loss		(2,514)		681		(1,833)
Less: amortization of unrecognized loss		(1,200)		325		(875)
Less: amortization of prior service costs		(9)		2		(7)
Net pension plan liability adjustment		(1,305)		354		(951)
SERP:
Unrealized net actuarial gain		277		(75)		202
Less: amortization of unrecognized loss		(159)		43		(116)
Less: amortization of prior service costs		3		(1)		2
Net SERP liability adjustment		433		(117)		316
Other comprehensive income	$	259	$	(69)	$	190

Reclassification out of Accumulated Other Comprehensive Income

Details of Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss		Affected Line Item in the Statement
(in thousands)	2019		Where Net Income is Presented
Net unrealized losses on investment securities   with OTTI:
Accretable Yield	$	200	Interest income on taxable investment securities
Taxes		(54)	Provision for Income Tax Expense
	$	146	Net of tax
Net unrealized gains on held to maturity   investment securities:
Amortization	$	(317)	Interest income on taxable investment securities
Taxes		85	Provision for Income Tax Expense
	$	(232)	Net of tax
Net pension plan liability adjustment:
Amortization of unrecognized loss	$	(1,077)	Other expense
Taxes		288	Provision for Income Tax Expense
	$	(789)	Net of tax
Net SERP liability adjustment:
Amortization of unrecognized loss	$	(116)	Other expense
Amortization of prior service costs		3	Other expense
Taxes		30	Provision for Income Tax Expense
	$	(83)	Net of tax
Total reclassifications for the period	$	(958)	Net of tax

Details of Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss		Affected Line Item in the Statement
(in thousands)	2018		Where Net Income is Presented
Net unrealized gains on investment securities with OTTI:
Accretable Yield	$	211	Interest income on taxable investment securities
Taxes		(57)	Provision for Income Tax Expense
	$	154	Net of tax
Net unrealized losses on available for sale   investment securities - all other:
Gains on sales	$	113	Net gains
Taxes		(31)	Provision for Income Tax Expense
	$	82	Net of tax
Net unrealized gains on held to maturity   investment securities:
Amortization	$	(296)	Interest income on taxable investment securities
Taxes		80	Provision for Income Tax Expense
	$	(216)	Net of tax
Net pension plan liability adjustment:
Amortization of unrecognized loss	$	(1,200)	Other expense
Amortization of prior service costs		(9)	Other expense
Taxes		327	Provision for Income Tax Expense
	$	(882)	Net of tax
Net SERP liability adjustment:
Amortization of unrecognized loss	$	(159)	Other expense
Amortization of prior service costs		3	Other expense
Taxes		42	Provision for Income Tax Expense
	$	(114)	Net of tax
Total reclassifications for the period	$	(976)	Net of tax