Reclassification Adjustments Out of Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2021

Reclassification Adjustments Out of Other Comprehensive Income (Loss) [Abstract]

Reclassification Adjustments Out of Other Comprehensive Income (Loss)

8. Reclassification Adjustments Out of Other Comprehensive Income (Loss)

The following table summarizes the reclassification adjustments out of AOCI:

Detail About AOCI Components	Amount Reclassified from AOCI						Affected Line Item in the Consolidated Statement of Comprehensive Income (Loss)
	Three Months Ended
(In thousands)	June 30, 2021			June 30, 2020
AFS securities:
Gains on AFS securities	$	-		$	-		Net securities (gains) losses
Amortization of unrealized gains related to securities transfer	$	143		$	165		Interest income
Tax effect	$	(36	)	$	(42	)	Income tax (benefit)
Net of tax	$	107		$	123
Cash flow hedges:
Net unrealized losses on cash flow hedges reclassified to interest expense	$	-		$	81		Interest expense
Tax effect	$	-		$	(20	)	Income tax (benefit)
Net of tax	$	-		$	61
Pension and other benefits:
Amortization of net losses	$	298		$	358		Other noninterest expense
Amortization of prior service costs		28			23		Other noninterest expense
Tax effect	$	(82	)	$	(96	)	Income tax (benefit)
Net of tax	$	244		$	285
Total reclassifications, net of tax	$	351		$	469

Detail About AOCI Components	Amount Reclassified from AOCI						Affected Line item in the Consolidated Statement of Comprehensive Income (Loss)
	Six Months Ended
(In thousands)	June 30, 2021			June 30, 2020
AFS securities:
Gains on AFS securities	$	-		$	(3	)	Net securities (gains) losses
Amortization of unrealized gains related to securities transfer		285			338		Interest income
Tax effect	$	(71	)	$	(84	)	Income tax (benefit)
Net of tax	$	214		$	251
Cash flow hedges:
Net unrealized losses on cash flow hedges reclassified to interest expense	$	21		$	91		Interest expense
Tax effect	$	(5	)	$	(23	)	Income tax (benefit)
Net of tax	$	16		$	68
Pension and other benefits:
Amortization of net losses	$	596		$	716		Other noninterest expense
Amortization of prior service costs		56			46		Other noninterest expense
Tax effect	$	(163	)	$	(191	)	Income tax (benefit)
Net of tax	$	489		$	571
Total reclassifications, net of tax	$	719		$	890