Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2021

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

The following tables summarize the changes, net of tax, within each classification of accumulated other comprehensive income/(loss) for the three months ended March 31, 2021 and 2020. 

	Unrealized
	gains and		2021
	(Losses) on available- for-sale		Retirement
(Dollar amounts in thousands)	Securities		plans		Total
Beginning balance, January 1,	$	34,162	$	(24,398)	$	9,764
Change in other comprehensive income (loss) before reclassification	(11,182)		—		(11,182)
Amounts reclassified from accumulated other comprehensive income	114		472		586
Net current period other comprehensive income (loss)	(11,068)		472		(10,596)
Ending balance, March 31,	$	23,094	$	(23,926)	$	(832)

	Unrealized
	gains and		2020
	(Losses) on available- for-sale		Retirement
(Dollar amounts in thousands)	Securities		plans		Total
Beginning balance, January 1,	$	14,893	$	(22,394)	$	(7,501)
Change in other comprehensive income (loss) before reclassification	13,244		—		13,244
Amounts reclassified from accumulated other comprehensive income	(146)		404		258
Net current period other comprehensive income (loss)	13,098		404		13,502
Ending balance, March 31,	$	27,991	$	(21,990)	$	6,001

	Balance at		Current Period		Balance at
(Dollar amounts in thousands)	1/1/2021		Change		3/31/2021
Unrealized gains (losses) on securities available-for-sale
without other than temporary impairment	$	31,810	$	(11,212)	$	20,598
Unrealized gains (losses) on securities available-for-sale
with other than temporary impairment	2,352		144		2,496
Total unrealized loss on securities available-for-sale	$	34,162	$	(11,068)	$	23,094
Unrealized gain (loss) on retirement plans	(24,398)		472		(23,926)
TOTAL	$	9,764	$	(10,596)	$	(832)

	Balance at		Current Period		Balance at
(Dollar amounts in thousands)	1/1/2020		Change		3/31/2020
Unrealized gains (losses) on securities available-for-sale
without other than temporary impairment	$	12,178	$	13,388	$	25,566
Unrealized gains (losses) on securities available-for-sale
with other than temporary impairment	2,715		(290)		2,425
Total unrealized gain (loss) on securities available-for-sale	$	14,893	$	13,098	$	27,991
Unrealized loss on retirement plans	(22,394)		404		(21,990)
TOTAL	$	(7,501)	$	13,502	$	6,001

	Three Months Ended March 31, 2021
Details about accumulated	Amount reclassified from		Affected line item in
other comprehensive	accumulated other		the statement where
income components	comprehensive income		net income is presented
	(in thousands)
Unrealized gains and losses	$	(152)	Net securities gains (losses)
on available-for-sale	38		Income tax expense
securities	$	(114)	Net of tax
Amortization of	$	(518)	(a) Salary and benefits
retirement plan items	46		Income tax expense
	$	(472)	Net of tax
Total reclassifications for the period	$	(586)	Net of tax

(a) Included in the computation of net periodic benefit cost. (see Footnote 6 for additional details).

	Three Months Ended March 31, 2020
Details about accumulated	Amount reclassified from		Affected line item in
other comprehensive	accumulated other		the statement where
income components	comprehensive income		net income is presented
	(in thousands)
Unrealized gains and losses	$	194	Net securities gains (losses)
on available-for-sale	(48)		Income tax expense
securities	$	146	Net of tax
Amortization of	$	(492)	(a) Salary and benefits
retirement plan items	88		Income tax expense
	$	(404)	Net of tax
Total reclassifications for the period	$	(258)	Net of tax

(a) Included in the computation of net periodic benefit cost. (see Footnote 6 for additional details).