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Accumulated Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income (Loss) Balances, Net of Tax
The following is a summary of the accumulated other comprehensive income (loss) balances, net of tax:

 
  
Three months ended 3/31/2021
  
(dollars in thousands)
  
Balance at
12/31/2020
    
Other
Comprehensive
Income (loss)-
Before
Reclassifications
    
Amount
reclassified
from Accumulated
Other Comprehensive
Income
    
Other
Comprehensive
Income (loss)-
Three months ended
3/31/2021
    
Balance at
3/31/2021
  
 
                              
Net unrealized holding loss on securities available for sale, net of tax
  
$
7,186
      
(4,461
)
    
-
      
(4,461
)
    
2,725
  
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
6,084
      
-
      
-
      
-
      
6,084
  
Net change in net actuarial gain and prior service credit on pension and postretirement benefit plans, net of tax
    
(1,334
)
    
-
      
(207
)
    
(207
)
    
(1,541
)
 
                                        
Accumulated other comprehensive loss, net of tax
  
$
11,936
      
(4,461
)
    
(207
)
    
(4,668
)
    
7,268
  

 
Three months ended 3/31/2020
  
(dollars in thousands)
  
Balance at
12/31/2019
    
Other
Comprehensive
Income (loss)-
Before
Reclassifications
    
Amount
reclassified
from Accumulated
Other Comprehensive
Income
    
Other
Comprehensive
Income (loss)-
Three months ended
3/31/2020
    
Balance at
3/31/2020
  
                               
Net unrealized holding gain on securities available for sale, net of tax
  
$
286
      
7,945
      
(855
)
    
7,090
      
7,376
  
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
4,840
      
-
      
-
      
-
      
4,840
  
Net change in net actuarial gain and prior service credit on pension and postretirement benefit plans, net of tax
    
(665
)
    
-
      
(159
)
    
(159
)
    
(824
)
                                         
Accumulated other comprehensive income (loss), net of tax
  
$
4,461
      
7,945
      
(1,014
)
    
6,931
      
11,392
  
Reclassifications out of Accumulated Other Comprehensive Income (Loss)
The following represents the reclassifications out of accumulated other comprehensive income (loss) for the three months ended March 31, 2021 and 2020:

  
Three months ended
March 31,
    
   
2021
    
2020
  
Affected Line Item in Financial Statements
                  
Net unrealized holding gain on securities available for sale
                
Realized gain on securities transactions
  
$
-
      
1,155
  
Net gain on securities transactions
Income tax effect
    
-
      
(300
)
Income taxes
Net of tax
    
-
      
855
    
                      
Amortization of pension and postretirement benefit items:
                    
Amortization of net actuarial gain
  
$
228
      
166
  
Salaries and employee benefits
Amortization of prior service credit
    
52
      
49
  
Salaries and employee benefits
Income tax benefit
    
(73
)
    
(56
)
Income taxes
Net of tax
    
207
      
159
    
                      
Total reclassifications, net of tax
  
$
207
      
159