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Accumulated Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jun. 30, 2023
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 (loss) income balances, net of tax:

 
  
Three months ended June 30, 2023
  
          Other
    Amount     Other        
          Comprehensive     reclassified     Comprehensive        
          Loss-     from Accumulated     Loss-        
    Balance at     Before     Other Comprehensive     Three months ended     Balance at  
(dollars in thousands)
  
4/1/2023
    
Reclassifications
    
Loss
    
6/30/2023
    
6/30/2023
  
 
                              
Net unrealized holding loss on securities available for sale, net of tax
  
$
(28,370
)
   $
(2,755
)
   $
-
     $
(2,755
)
   $
(31,125
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
7,588
      
-
      
-
      
-
      
7,588
  
Net change in net actuarial gain and prior service cost on pension and postretirement benefit plans, net of tax
    
(2,593
)
    
-
      
(82
)
    
(82
)
    
(2,675
)
                                         
Accumulated other comprehensive loss, net of tax
  
$
(23,375
)
   $
(2,755
)
   $
(82
)
   $
(2,837
)
   $
(26,212
)

 
Three months ended June 30, 2022
  
          Other     Amount     Other
       
          Comprehensive     reclassified     Comprehensive        
          Loss-     from Accumulated     Loss-        
    Balance at     Before     Other Comprehensive     Three months ended     Balance at  
(dollars in thousands)
  
4/1/2022
    
Reclassifications
    
Loss
    
6/30/2022
    
6/30/2022
  
                               
Net unrealized holding loss on securities available for sale, net of tax
  
$
(14,277
)
   $
(6,829
)
   $
-
     $
(6,829
)
   $
(21,106
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
13,706
      
-
      
-
      
-
      
13,706
  
Net change in net actuarial gain and prior service cost on pension and postretirement benefit plans, net of tax
    
(1,798
)
    
-
      
(224
)
    
(224
)
    
(2,022
)
                                         
Accumulated other comprehensive loss, net of tax
  
$
(2,369
)
   $
(6,829
)
   $
(224
)
   $
(7,053
)
   $
(9,422
)

 
  
Six months ended June 30, 2023
  
          Other     Amount     Other
       
          Comprehensive     reclassified     Comprehensive        
          Income-     from Accumulated      Income-        
    Balance at     Before     Other Comprehensive
     Six months ended     Balance at  
(dollars in thousands)
  
1/1/2023
    
Reclassifications
    
Income
    
6/30/2023
    
6/30/2023
  
 
                              
Net unrealized holding gain on securities available for sale, net of tax
  
$
(32,271
)
   $
1,146
     $
-
     $
1,146
     $
(31,125
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
7,588
      
-
      
-
      
-
      
7,588
  
Net change in net actuarial gain and prior service credit on pension and postretirement benefit plans, net of tax
    
(2,511
)
    
-
      
(164
)
    
(164
)
    
(2,675
)
                                         
Accumulated other comprehensive income (loss), net of tax
  
$
(27,194
)
   $
1,146
     $
(164
)
   $
982
     $
(26,212
)

 
Six months ended June 30, 2022
  
          Other
    Amount     Other
       
          Comprehensive     reclassified     Comprehensive        
          Loss-     from Accumulated     Loss-        
    Balance at     Before     Other Comprehensive     Six months ended     Balance at  
(dollars in thousands)
  
1/1/2022
    
Reclassifications
    
Loss
    
6/30/2022
    
6/30/2022
  
                               
Net unrealized holding loss on securities available for sale, net of tax
  
$
(26
)
   $
(21,080
)
   $
-
     $
(21,080
)
   $
(21,106
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
13,706
      
-
      
-
      
-
      
13,706
  
Net change in net actuarial gain and prior service cost on pension and postretirement benefit plans, net of tax
    
(1,533
)
    
-
      
(489
)
    
(489
)
    
(2,022
)
                                         
Accumulated other comprehensive income (loss), net of tax
  
$
12,147
     $
(21,080
)
   $
(489
)
   $
(21,569
)
   $
(9,422
)
Reclassifications out of Accumulated Other Comprehensive Loss
The following represents the reclassifications out of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2023 and 2022:

(dollars in thousands)
  
Three months ended
    
Six months ended
    
   
June 30,
    
June 30,
    
   
2023
    
2022
    
2023
    
2022
   Affected Line Item in Financial Statements
Amortization of pension and postretirement benefit items:
                                  
Amortization of net actuarial gain
  
$
114
     $
426
    
$
228
     $
504
   Salaries and employee benefits
Amortization of prior service (cost) credit
    
(3
)
    
(123
)
    
(6
)
    
157
   Salaries and employee benefits
Income tax benefit
    
(29
)
    
(79
)
    
(58
)
    
(172
)
 Income taxes
Net of tax
    
82
      
224
      
164
      
489
    
                                                 
Total reclassifications, net of tax
  
$
82
     $
224
    
$
164
     $
489