Reclassification Adjustments Out of Other Comprehensive Income (Loss)

9 Months Ended

Sep. 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)	September 30, 2021			September 30, 2020
AFS securities:
Gains on AFS securities	$	-		$	-		Net securities (gains) losses
Amortization of unrealized gains related to securities transfer	$	149		$	157		Interest income
Tax effect	$	(38	)	$	(39	)	Income tax (benefit)
Net of tax	$	111		$	118
Cash flow hedges:
Net unrealized losses on cash flow hedges reclassified to interest expense	$	-		$	101		Interest expense
Tax effect	$	-		$	(25	)	Income tax (benefit)
Net of tax	$	-		$	76
Pension and other benefits:
Amortization of net losses	$	317		$	359		Other noninterest expense
Amortization of prior service costs		27			22		Other noninterest expense
Tax effect	$	(86	)	$	(95	)	Income tax (benefit)
Net of tax	$	258		$	286
Total reclassifications, net of tax	$	369		$	480

Detail About AOCI Components	Amount Reclassified from AOCI						Affected Line item in the Consolidated Statement of Comprehensive Income (Loss)
	Nine Months Ended
(In thousands)	September 30, 2021			September 30, 2020
AFS securities:
Gains on AFS securities	$	-		$	(3	)	Net securities (gains) losses
Amortization of unrealized gains related to securities transfer		434			495		Interest income
Tax effect	$	(109	)	$	(123	)	Income tax (benefit)
Net of tax	$	325		$	369
Cash flow hedges:
Net unrealized losses on cash flow hedges reclassified to interest expense	$	21		$	192		Interest expense
Tax effect	$	(5	)	$	(48	)	Income tax (benefit)
Net of tax	$	16		$	144
Pension and other benefits:
Amortization of net losses	$	913		$	1,075		Other noninterest expense
Amortization of prior service costs		83			68		Other noninterest expense
Tax effect	$	(249	)	$	(286	)	Income tax (benefit)
Net of tax	$	747		$	857
Total reclassifications, net of tax	$	1,088		$	1,370