Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2021

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

12. Accumulated Other Comprehensive Income (Loss)

The following tables shows the changes in other comprehensive (loss) income for the past three years:

For the year ended December 31, 2021

Adjustments

Net unrealized

Accumulated

Net unrealized

related to

(losses) gains

other

(losses) gains on

defined benefit

from cash flow

comprehensive

(In thousands)

securities

plan

hedges

(loss) income

Balance, beginning of period

(215)

(238)

(736)

(1,189)

Other comprehensive income before reclassifications

722

—

579

1,301

Less amounts reclassified from accumulated other comprehensive income (loss)

478

(238)

(450)

(210)

Period change

244

238

1,029

1,511

Balance, end of period

—

293

322


	For the year ended December 31, 2020
			Adjustments		Net unrealized		Accumulated
	Net unrealized		related to		gains (losses)		other
	gains (losses) on		defined benefit		from cash flow		comprehensive
(In thousands)	securities		plan		hedges		income (loss)
Balance, beginning of period (1)	$	316	$	(295)	$	169	$	190
Other comprehensive loss before reclassifications		(422)		—		(1,224)		(1,646)
Less amounts reclassified from accumulated other comprehensive income (loss)		73		(57)		(319)		(303)
Period change		(495)		57		(905)		(1,343)
Balance, end of period (1)	$	(179)	$	(238)	$	(736)	$	(1,153)

(1)

AOCI does not reflect the net reclassification of $36 thousand to Retained Earnings as a result of ASU 2016-01, "Financial Instruments Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities" & ASU 2018-02, "Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income".


	For the year ended December 31, 2019
			Adjustments		Net unrealized		Accumulated
	Net unrealized		related to		gains (losses)		other
	(losses) gains on		defined benefit		from cash flow		comprehensive
(In thousands)	securities		plan		hedges		(loss) income
Balance, beginning of period	$	(721)	$	(431)	$	1,031	$	(121)
Other comprehensive income (loss) before reclassifications		1,332		—		(862)		470
Less amounts reclassified from accumulated other comprehensive income (loss)		295		(136)		—		159
Period change		1,037		136		(862)		311
Balance, end of period	$	316	$	(295)	$	169	$	190