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Changes in Accumulated Other Comprehensive (Loss) Income Balances (Tables)
9 Months Ended
Sep. 30, 2021
Changes in Accumulated Other Comprehensive (Loss) Income Balances [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive (Loss) Income

The changes in accumulated other comprehensive (loss) income balances as of September 30, 2021 and 2020 were as follows (in thousands):

    

    

    

Accumulated Other

Pension

Unrealized

Comprehensive

    

Liability

    

Gains (Loss)

    

Income (Loss)

Balance at January 1, 2020

$

(3,239)

$

3,927

$

688

Other comprehensive loss:

 

Change in net actuarial gain

 

104

 

 

104

Tax effect on change in net actuarial gain

 

(22)

 

 

(22)

Unrealized holding gains arising during the period

 

 

4,149

 

4,149

Tax effect on unrealized holding gains arising during the period

 

 

(872)

 

(872)

Reclassification adjustment for gains included in net income

 

 

(5,612)

 

(5,612)

Tax effect on reclassification adjustment for gains included in net income

 

 

1,179

 

1,179

Other comprehensive loss, net of tax

 

82

 

(1,156)

 

(1,074)

Balance at September 30, 2020

$

(3,157)

$

2,771

$

(386)

Balance at January 1, 2021

$

(3,762)

$

4,145

$

383

Other comprehensive loss:

 

  

 

  

 

  

Change in net actuarial gain

 

130

 

 

130

Tax effect on change in net actuarial gain

 

(27)

 

 

(27)

Unrealized holding gains arising during the period

 

 

3,063

 

3,063

Tax effect on unrealized holding gains arising during the period

 

 

(643)

 

(643)

Reclassification adjustment for gains included in net income

 

 

(5,288)

 

(5,288)

Tax effect on reclassification adjustment for gains included in net income

 

 

1,110

 

1,110

Other comprehensive loss, net of tax

 

103

 

(1,758)

 

(1,655)

Balance at September 30, 2021

$

(3,659)

$

2,387

$

(1,272)