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Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2021
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of reclassification adjustments related to securities available for sale are included in gains on sale or call of securities Reclassification adjustments related to the

defined benefit postretirement medical plan are included in compensation and benefits in the accompanying consolidated condensed statements of income.

 

 

 

Before Tax
Amount

 

 

Tax Effect

 

 

Net of Tax
Amount

 

 

 

(In Thousands)

 

Year ended December 31, 2021:

 

 

 

 

 

 

 

 

 

Securities available for sale and transferred securities:

 

 

 

 

 

 

 

 

 

Change in net unrealized (loss) during the period

 

$

(21,967

)

 

$

(4,613

)

 

$

(17,354

)

Reclassification adjustment for net losses included in net income

 

 

(2,218

)

 

 

(466

)

 

 

(1,752

)

Cash flow hedge derivatives:

 

 

 

 

 

 

 

 

 

Change in net unrealized gain during the period

 

 

3,025

 

 

 

635

 

 

 

2,390

 

Reclassification adjustment for net gains included in net income

 

 

(2,172

)

 

 

(456

)

 

 

(1,716

)

Defined benefit postretirement medical plan:

 

 

 

 

 

 

 

 

 

Net gain on defined benefit postretirement medical plan realized
   during the period

 

 

13

 

 

 

3

 

 

 

10

 

Reclassification adjustment for net amortization and deferral on defined
   benefit postretirement medical plan (included in compensation and
   benefits)

 

 

(13

)

 

 

(3

)

 

 

(10

)

Total other comprehensive income

 

$

(23,332

)

 

$

(4,900

)

 

$

(18,432

)

 

 

 

Before Tax
Amount

 

 

Tax Effect

 

 

Net of Tax
Amount

 

 

 

(In Thousands)

 

Year ended December 31, 2020:

 

 

 

 

 

 

 

 

 

Securities available for sale and transferred securities:

 

 

 

 

 

 

 

 

 

Change in net unrealized gain/(loss) during the period

 

$

14,431

 

 

$

3,030

 

 

$

11,401

 

Reclassification adjustment for net gains included in net income

 

 

(1,464

)

 

 

(307

)

 

 

(1,157

)

Defined benefit postretirement medical plan:

 

 

 

 

 

 

 

 

 

Net gain on defined benefit postretirement medical plan realized
   during the period

 

 

195

 

 

 

41

 

 

 

154

 

Reclassification adjustment for net amortization and deferral on defined
   benefit postretirement medical plan (included in compensation and
   benefits)

 

 

13

 

 

 

2

 

 

 

11

 

Total other comprehensive income

 

$

13,175

 

 

$

2,766

 

 

$

10,409

 

 

 

 

Before Tax
Amount

 

 

Tax Effect

 

 

Net of Tax
Amount

 

 

 

(In Thousands)

 

Year ended December 31, 2019:

 

 

 

 

 

 

 

 

 

Securities available for sale and transferred securities:

 

 

 

 

 

 

 

 

 

Change in net unrealized gain/(loss) during the period

 

$

8,754

 

 

$

1,839

 

 

$

6,915

 

Reclassification adjustment for net gains included in net income

 

 

(24

)

 

 

(5

)

 

 

(19

)

Defined benefit postretirement medical plan:

 

 

 

 

 

 

 

 

 

Net gain on defined benefit postretirement medical plan realized
   during the period

 

 

(310

)

 

 

(146

)

 

 

(164

)

Reclassification adjustment for net amortization and deferral on defined
   benefit postretirement medical plan (included in compensation and
   benefits)

 

 

14

 

 

 

3

 

 

 

11

 

Total other comprehensive income

 

$

8,434

 

 

$

1,691

 

 

$

6,743

 

Schedule of accumulated other comprehensive income (loss), net of tax

Activity in accumulated other comprehensive income (loss), net of tax, was as follows:

 

 

 

Securities
Available
For Sale

 

 

Cash Flow Hedge Derivative

 

 

Post-
retirement
Benefit

 

 

Accumulated
Other
Comprehensive
Income

 

 

 

(In Thousands)

 

Balance January 1, 2021

 

$

15,083

 

 

$

 

 

$

(79

)

 

$

15,004

 

Other comprehensive income before reclassifications

 

 

(17,354

)

 

 

2,390

 

 

 

10

 

 

 

(14,954

)

Amounts reclassified from accumulated other comprehensive loss

 

 

(1,752

)

 

 

(1,716

)

 

 

(10

)

 

 

(3,478

)

Net other comprehensive income during period

 

 

(19,106

)

 

 

674

 

 

 

 

 

 

(18,432

)

Balance December 31, 2021

 

$

(4,023

)

 

$

674

 

 

$

(79

)

 

$

(3,428

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance January 1, 2020

 

$

4,839

 

 

$

 

 

$

(244

)

 

$

4,595

 

Other comprehensive income before reclassifications

 

 

11,401

 

 

 

 

 

 

154

 

 

 

11,555

 

Amounts reclassified from accumulated other comprehensive loss

 

 

(1,157

)

 

 

 

 

 

11

 

 

 

(1,146

)

Net other comprehensive income during period

 

 

10,244

 

 

 

 

 

 

165

 

 

 

10,409

 

Balance December 31, 2020

 

$

15,083

 

 

$

 

 

$

(79

)

 

$

15,004

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance January 1, 2019

 

$

(2,057

)

 

$

 

 

$

(91

)

 

$

(2,148

)

Other comprehensive income before reclassifications

 

 

6,915

 

 

 

 

 

 

(164

)

 

 

6,751

 

Amounts reclassified from accumulated other comprehensive loss

 

 

(19

)

 

 

 

 

 

11

 

 

 

(8

)

Net other comprehensive income during period

 

 

6,896

 

 

 

 

 

 

(153

)

 

 

6,743

 

Balance December 31, 2019

 

$

4,839

 

 

$

 

 

$

(244

)

 

$

4,595