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ACCUMULATED OTHER COMPREHENSIVE LOSS
3 Months Ended
Mar. 31, 2023
Stockholders' Equity Note [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS

NOTE 9 – ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of accumulated other comprehensive loss included in equity (net of tax) for the three months ended March 31, 2023 and 2022 was as follows:

 

 

 

Unrealized gain
and losses on
available for
sale
securities

 

 

Benefit plans

 

 

Derivatives

 

 

Total

 

Three months ended

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance at January 1, 2023

 

$

(6,499,666

)

 

$

55,684

 

 

$

232,969

 

 

$

(6,211,013

)

Other comprehensive (loss) income before reclassification

 

 

(114,092

)

 

 

(16,546

)

 

 

(115,537

)

 

 

(246,175

)

Amounts reclassified

 

 

 

 

 

 

 

 

 

 

 

 

Net period comprehensive (loss) income

 

 

(114,092

)

 

 

(16,546

)

 

 

(115,537

)

 

 

(246,175

)

Ending balance at March 31, 2023

 

$

(6,613,758

)

 

$

39,138

 

 

$

117,432

 

 

$

(6,457,188

)

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance at January 1, 2022

 

$

(289,814

)

 

$

17,158

 

 

$

 

 

$

(272,656

)

Other comprehensive (loss) income before reclassification

 

 

(2,399,988

)

 

 

41,589

 

 

 

 

 

 

(2,358,399

)

Amounts reclassified

 

 

 

 

 

 

 

 

 

 

 

 

Net period comprehensive income

 

 

(2,399,988

)

 

 

41,589

 

 

 

 

 

 

(2,358,399

)

Ending balance at March 31, 2022

 

$

(2,689,802

)

 

$

58,747

 

 

$

 

 

$

(2,631,055

)