Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2020

The following table presents the components of other comprehensive income for the three-month periods ended March 31, 2020 and 2019:



Schedule of Comprehensive Income
	Three Months Ended March 31,
				Tax
	Before-Tax			(Expense)			Net-of-Tax
	Amount			Benefit			Amount
2020
Net Unrealized Securities Holding Gains on Securities Available-for-Sale Arising During the Period	5,504			$	(1,406	)	4,098
Net Unrealized Losses on Cash Flow Swap	(294		)	75			(219		)
Amortization of Net Retirement Plan Actuarial Loss	36			(9		)	27
Amortization of Net Retirement Plan Prior Service Cost	54			(15		)	39
Other Comprehensive Income	$	5,300		$	(1,355	)	$	3,945

2019
Net Unrealized Securities Holding Gains on Securities Available-for-Sale Arising During the Period	2,788			$	(708	)	2,080
Amortization of Net Retirement Plan Actuarial Loss	163			(42		)	121
Amortization of Net Retirement Plan Prior Service Cost	56			(14		)	42
Other Comprehensive Income	$	3,007		$	(764	)	$	2,243

The following table presents the changes in accumulated other comprehensive income by component:



Changes in Accumulated Other Comprehensive Income (Loss) by Component ⁽¹⁾

	Unrealized Gains and Losses on Available-for-Sale Securities			Unrealized Loss on Cash Flow Swap			Defined Benefit Plan Items						Total
							Net Actuarial Gain (Loss)			Net Prior Service (Cost) Credit


For the Quarter-To-Date periods ended:

December 31, 2019	$	465		$	—		$	(5,847	)	$	(975	)	$	(6,357	)
Other comprehensive income or loss before reclassifications	4,098			(219		)	—			—			3,879
Amounts reclassified from accumulated other comprehensive income	—			—			27			39			66
Net current-period other comprehensive income	4,098			(219		)	27			39			3,945
March 31, 2020	$	4,563		$	(219	)	$	(5,820	)	$	(936	)	$	(2,412	)

December 31, 2018	$	(3,697	)				$	(8,971	)	$	(1,142	)	$	(13,810	)
Other comprehensive income or loss before reclassifications	2,080						—			—			2,080
Amounts reclassified from accumulated other comprehensive income	—						121			42			163
Net current-period other comprehensive income	2,080						121			42			2,243
March 31, 2019	$	(1,617	)				$	(8,850	)	$	(1,100	)	$	(11,567	)

(1) All amounts are net of tax.

The following table presents the reclassifications out of accumulated other comprehensive income:



Reclassifications Out of Accumulated Other Comprehensive Income

	Amounts Reclassified
Details about Accumulated Other	from Accumulated Other				Affected Line Item in the Statement
Comprehensive Income (Loss) Components	Comprehensive Income				Where Net Income Is Presented

For the Quarter-to-date periods ended:

March 31, 2020
Amortization of defined benefit pension items:
Prior-service costs	$	(54	)	⁽¹⁾	Salaries and Employee Benefits
Actuarial loss	(36		)	⁽¹⁾	Salaries and Employee Benefits
	(90		)		Total before Tax
	24				Provision for Income Taxes
	$	(66	)		Net of Tax

Total reclassifications for the period	$	(66	)		Net of Tax

March 31, 2019
Amortization of defined benefit pension items:
Prior-service costs	$	(56	)	⁽¹⁾	Salaries and Employee Benefits
Actuarial loss	(163		)	⁽¹⁾	Salaries and Employee Benefits
	(219		)		Total before Tax
	56				Provision for Income Taxes
	$	(163	)		Net of Tax

Total reclassifications for the period	$	(163	)		Net of Tax

(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost.