Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2021

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

Schedule of Comprehensive Income

The following table presents the components of other comprehensive income for the three month periods ended March 31, 2021 and 2020:

Schedule of Comprehensive Income
	Three Months Ended March 31
			Tax
	Before-Tax		(Expense)		Net-of-Tax
	Amount		Benefit		Amount
2021
Net Unrealized Securities Holding Loss on Securities Available-for-Sale Arising During the Period	$	(5,121)	$	1,309	$	(3,812)
Net Unrealized Gain on Cash Flow Swap	1,982		(507)		1,475
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	(28)		8		(20)
Amortization of Net Retirement Plan Actuarial Loss	46		(12)		34
Amortization of Net Retirement Plan Prior Service Cost	59		(16)		43
Other Comprehensive Loss	$	(3,062)	$	782	$	(2,280)
2020
Net Unrealized Securities Holding Gain on Securities Available-for-Sale Arising During the Period	$	5,504	$	(1,406)	$	4,098
Net Unrealized Loss 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

Changes in Accumulated Other Comprehensive Income By Component

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

Changes in Accumulated Other Comprehensive Income (Loss) by Component (1)
	Unrealized (Loss) and Gain on Available-for-Sale Securities		Unrealized Gain (Loss) on Cash Flow Swap		Defined Benefit Plan Items				Total
					Net Actuarial Loss		Net Prior Service Cost
For the Quarter-To-Date periods ended:
December 31, 2020	$	5,799	$	485	$	(5,929)	$	(1,171)	$	(816)
Other comprehensive income or loss before reclassifications	(3,812)		1,475		—		—		(2,337)
Amounts reclassified from accumulated other comprehensive income	—		(20)		34		43		57
Net current-period other comprehensive income	(3,812)		1,455		34		43		(2,280)
March 31, 2021	$	1,987	$	1,940	$	(5,895)	$	(1,128)	$	(3,096)
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)

(1) All amounts are net of tax.

Reclassification out of Accumulated Other Comprehensive Income

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

Reclassifications Out of Accumulated Other Comprehensive Income
Details about Accumulated Other Comprehensive Income (Loss) Components	Amounts Reclassified from Accumulated Other Comprehensive Income			Affected Line Item in the Statement Where Net Income Is Presented
For the Quarter-to-date periods ended:
March 31, 2021
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	$	28		Interest expense
Amortization of defined benefit pension items:
Prior-service costs	(59)		(1)	Salaries and Employee Benefits
Actuarial loss	(46)		(1)	Salaries and Employee Benefits
	(77)			Total before Tax
	20			Provision for Income Taxes
Total reclassifications for the period	$	(57)		Net of Tax
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
Total reclassifications for the period	$	(66)		Net of Tax
(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost.