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Other Comprehensive Income (Loss) (Tables)
9 Months Ended
Sep. 30, 2020
Comprehensive Income Net Of Tax [Abstract]  
Schedule of Other Comprehensive Income (Loss)

The following table represents the details of other comprehensive income for the three and nine month periods ended September 30, 2020 and 2019.

 

 

Three Months Ended September 30, 2020

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding gains on available-for-sale securities during the period

$

700

 

 

$

(147

)

 

$

553

 

Reclassification adjustment for (gains) included in net income (1)

 

(48

)

 

 

9

 

 

 

(39

)

Net other comprehensive income

$

652

 

 

$

(138

)

 

$

514

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2019

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding gains on available-for-sale securities during the period

$

3,960

 

 

$

(831

)

 

$

3,129

 

Reclassification adjustment for (gains) included in net income (1)

 

(15

)

 

 

3

 

 

 

(12

)

Net other comprehensive income

$

3,945

 

 

$

(828

)

 

$

3,117

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2020

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding gains on available-for-sale securities during the period

$

13,894

 

 

$

(2,918

)

 

$

10,976

 

Reclassification adjustment for (gains) included in net income (1)

 

(318

)

 

 

66

 

 

 

(252

)

Net other comprehensive income

$

13,576

 

 

$

(2,852

)

 

$

10,724

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2019

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding gains on available-for-sale securities during the period

$

18,984

 

 

$

(3,974

)

 

$

15,010

 

Reclassification adjustment for losses included in net income (1)

 

18

 

 

 

(4

)

 

 

14

 

Net other comprehensive income

$

19,002

 

 

$

(3,978

)

 

$

15,024

 

 

 

(1)

Pre-tax reclassification adjustments relating to available-for-sale securities are reported in security gains and the tax impact is included in income tax expense on the consolidated statements of income.