Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2022

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

9.  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, 2022
			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	$	29	$	—	$	293	$	322
Other comprehensive (loss) income before reclassifications		(5,447)		—		1,582		(3,865)
Less amounts reclassified from accumulated other comprehensive (loss)		(1,037)		—		754		(283)
Period change		(4,410)		—		828		(3,582)
Balance, end of period	$	(4,381)	$	—	$	1,121	$	(3,260)

	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 loss 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	$	29	$	—	$	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".