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Changes in Accumulated Other Comprehensive Income Balances (Tables)
12 Months Ended
Dec. 31, 2020
Changes in Accumulated Other Comprehensive Income Balances [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income

The changes in accumulated other comprehensive income balances as of December 31, 2020 and 2019 were as follows (in thousands):

    

    

    

Accumulated Other

Pension

Unrealized

Comprehensive

    

Liability

    

Gains (Loss)

    

Income (Loss)

Balance at January 1, 2019

$

(3,334)

$

(3,326)

$

(6,660)

Other comprehensive income:

 

  

 

  

 

  

Change in net actuarial loss

 

120

 

 

120

Tax effect on change in net actuarial loss

 

(25)

 

 

(25)

Unrealized holding gains arising during the period

 

 

13,645

 

13,645

Tax effect on unrealized gains arising during the period

 

 

(2,865)

 

(2,865)

Reclassification adjustment for gains included in net realized gains

 

 

(4,464)

 

(4,464)

Tax effect on reclassification adjustment for gains included in income tax expense

 

 

937

 

937

Other comprehensive income, net of tax

 

95

 

7,253

 

7,348

Balance at December 31, 2019

$

(3,239)

$

3,927

$

688

Other comprehensive loss:

 

  

 

  

 

  

Change in net actuarial gain

 

(662)

 

 

(662)

Tax effect on change in net actuarial gain

 

139

 

 

139

Unrealized holding gains arising during the period

 

 

709

 

709

Tax effect on unrealized gains arising during the period

 

 

(149)

 

(149)

Reclassification adjustment for gains included in net realized gains

 

 

(433)

 

(433)

Tax effect on reclassification adjustment for gains included in income tax expense

 

 

91

 

91

Other comprehensive loss, net of tax

 

(523)

 

218

 

(305)

Balance at December 31, 2020

$

(3,762)

$

4,145

$

383