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ACCUMULATED OTHER COMPREHENSIVE LOSS
3 Months Ended
Mar. 31, 2022
Stockholders' Equity Note [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS

NOTE 10 – ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of accumulated other comprehensive loss included in equity (net of tax) for the three months ended March 31, 2022 and 2021 was as follows:

 

 

 

Unrealized gain
and losses on
available for
sale
securities

 

 

Benefit plans

 

 

Total

 

Three months ended

 

 

 

 

 

 

 

 

 

Beginning balance at January 1, 2022

 

$

(289,814

)

 

$

17,158

 

 

$

(272,656

)

Other comprehensive (loss) gain before reclassification

 

 

(2,399,988

)

 

 

41,589

 

 

 

(2,358,399

)

Amounts reclassified

 

 

 

 

 

 

 

 

 

Net period comprehensive (loss) income

 

 

(2,399,988

)

 

 

41,589

 

 

 

(2,358,399

)

Ending balance March 31, 2022

 

$

(2,689,802

)

 

$

58,747

 

 

$

(2,631,055

)

 

 

 

 

 

 

 

 

 

 

Beginning balance at January 1, 2021

 

$

100,569

 

 

$

(373,582

)

 

$

(273,013

)

Other comprehensive gain before reclassification

 

 

11,551

 

 

 

31,381

 

 

 

42,932

 

Amounts reclassified

 

 

 

 

 

 

 

 

 

Net period comprehensive income

 

 

11,551

 

 

 

31,381

 

 

 

42,932

 

Ending balance March 31, 2021

 

$

112,120

 

 

$

(342,201

)

 

$

(230,081

)