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Accumulated Other Comprehensive Loss
 3 Months Ended
Mar. 31, 2024
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss
(7) Accumulated Other Comprehensive Loss

The following is a summary of the accumulated other comprehensive income loss balances, net of tax:

 
  
Three months ended March 31, 2024
  
                Amount    
       
          Other     reclassified     Other        
          Comprehensive     from Accumulated     Comprehensive loss-        
    Balance at     loss-Before     Other Comprehensive     Three months ended     Balance at  
(dollars in thousands)
  
12/31/2023
    
Reclassifications
    
Loss
    
3/31/2024
    
3/31/2024
  
 
                              
Net unrealized holding loss on securities available for sale, net of tax
  
$
(23,899
)
    
(1,378
)
    
-
      
(1,378
)
    
(25,277
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
13,476
      
-
      
-
      
-
      
13,476
  
Net change in net actuarial gain and prior service cost on pension and postretirement benefit plans, net of tax
    
(2,814
)
    
-
      
(148
)
    
(148
)
    
(2,962
)
 
                                        
Accumulated other comprehensive loss, net of tax
  
$
(13,237
)
    
(1,378
)
    
(148
)
    
(1,526
)
    
(14,763
)

 
Three months ended March 31, 2023
  
                Amount              
          Other     reclassified     Other        
          Comprehensive
    from Accumulated     Comprehensive loss-        
    Balance at     loss-Before     Other Comprehensive     Three months ended     Balance at  
(dollars in thousands)
  
12/31/2022
    
Reclassifications
    
Loss
    
3/31/2023
    
3/31/2023
  
                               
Net unrealized holding gain on securities available for sale, net of tax
  
$
(32,271
)
  

3,901
 

-
    

3,901
 

(28,370
)
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
    
(2,511
)
    
-
      
(82
)
    
(82
)
    
(2,593
)
                                         
Accumulated other comprehensive loss, net of tax
  
$
(27,194
)
  

3,901
 

(82
)
  

3,819
 

(23,375
)

The following represents the reclassifications out of accumulated other comprehensive loss for the three months ended March 31, 2024 and 2023:

(dollars in thousands)   Three months ended    
 
March 31,
    
   
2024
    
2023
  
Affected Line Item in Financial Statements
Amortization of pension and postretirement benefit items:
                  
Amortization of net actuarial gain
  
$
203
      
114
  
Salaries and employee benefits
Amortization of prior service cost
    
(3
)
    
(3
)
Salaries and employee benefits
Income tax benefit
    
(52
)
    
(29
)
Income taxes
Net of tax
    
148
      
82
  
                          
Total reclassifications, net of tax
  
$
148
      
82