Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2021

Accumulated Other Comprehensive Income [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:

	December 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)- year ended 12/31/2021			Balance at 12/31/2021
Net unrealized holding gain (loss) on securities available for sale, net of tax	$	7,186			(7,212	)		-			(7,212	)		(26	)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax		6,084			7,622			-			7,622			13,706
Net change in net actuarial gain and prior service credit on pension and pension and postretirement benefit plans, net of tax		(1,334	)					(199	)		(199	)		(1,533	)
Accumulated other comprehensive income (loss), net of tax		11,936			410			(199	)		211			12,147

	December 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)- year ended 12/31/2020			Balance at 12/31/2020
Net unrealized holding gain on securities available for sale, net of tax	$	286			7,755		(855	)		6,900			7,186
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax		4,840			1,244		-			1,244			6,084
Net change in net actuarial gain and prior service credit on pension and pension and postretirement benefit plans, net of tax		(665	)		-		(669	)		(669	)		(1,334	)
Accumulated other comprehensive (loss) income, net of tax		4,461			8,999		(1,524	)		7,475			11,936

	December 31, 2019
(dollars in thousands)	Balance at 12/31/2018			Other Comprehensive Income (loss)- Before Reclassifications		Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (loss)- year ended 12/31/2019			Balance at 12/31/2019
Net unrealized holding (loss) gain on securities available for sale, net of tax	$	(10,416	)		10,702		-			10,702			286
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax		423			4,417		-			4,417			4,840
Net change in net actuarial gain and prior service credit on pension and pension and postretirement benefit plans, net of tax		(316	)		-		(349	)		(349	)		(665	)
Accumulated other comprehensive (loss) income, net of tax		(10,309	)		15,119		(349	)		14,770			4,461

Reclassifications out of Accumulated Other Comprehensive Income (Loss)

The following represents the reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2021, 2020 and 2019:

(dollars in thousands)	Years ended December 31,
	2021			2020			2019			Affected Line Item in Financial Statements
Unrealized gains on securities available for sale:
Realized gain on securities transactions	$	-			1,155			-		Net gain on securities transactions
Income tax expense		-			(300	)		-		Income taxes
Net of tax		-			855			-
Amortization of pension and postretirement benefit items:
Prior Service Cost
Amortization of net actuarial gain		674			708			274		Salaries and employee benefits
Amortization of prior service (cost) credit		(405	)		196			197		Salaries and employee benefits
Income tax benefit		(70	)		(235	)		(122	)	Income taxes
Net of tax		199			669			349
Total reclassifications, net of tax	$	199			1,524			349