Comprehensive (Loss) Income (Tables)

6 Months Ended

Jun. 30, 2022

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

Schedule of Comprehensive Income

The following table presents the components of other comprehensive (loss) income for the three and six month periods ended June 30, 2022 and 2021:

Schedule of Comprehensive (Loss) Income
	Three Months Ended June 30,						Six Months Ended June 30,
			Tax						Tax
	Before-Tax		Benefit		Net-of-Tax		Before-Tax		Benefit		Net-of-Tax
	Amount		(Expense)		Amount		Amount		(Expense)		Amount
2022
Net Unrealized Securities Holding Loss on Securities Available-for-Sale Arising During the Period	$	(13,045)	$	3,334	$	(9,711)	$	(43,000)	$	10,993	$	(32,007)
Net Unrealized Gain on Cash Flow Swap	1,179		(301)		878		2,691		(688)		2,003
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	11		(3)		8		(18)		5		(13)
Amortization of Net Retirement Plan Actuarial Loss	(29)		8		(21)		28		(7)		21
Amortization of Net Retirement Plan Prior Service Cost	107		(28)		79		114		(29)		85
Other Comprehensive (Loss) Income	$	(11,777)	$	3,010	$	(8,767)	$	(40,185)	$	10,274	$	(29,911)
2021
Net Unrealized Securities Holding Gain (Loss) on Securities Available-for-Sale Arising During the Period	$	1,507	$	(385)	$	1,122	$	(3,614)	$	924	$	(2,690)
Net Unrealized (Loss) Gain on Cash Flow Swap	(946)		242		(704)		1,036		(265)		771
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	(30)		7		(23)		(58)		15		(43)
Amortization of Net Retirement Plan Actuarial Loss	—		—		—		46		(12)		34
Amortization of Net Retirement Plan Prior Service Cost	57		(14)		43		116		(30)		86
Other Comprehensive Income (Loss)	$	588	$	(150)	$	438	$	(2,474)	$	632	$	(1,842)

Changes in Accumulated Other Comprehensive Income By Component

The following table presents the changes in accumulated other comprehensive (loss) 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:
March 31, 2022	$	(22,910)	$	2,424	$	681	$	(992)	$	(20,797)
Other comprehensive income or loss before reclassifications	(9,711)		878		—		—		(8,833)
Amounts reclassified from accumulated other comprehensive income	—		8		(21)		79		66
Net current-period other comprehensive (loss) income	(9,711)		886		(21)		79		(8,767)
June 30, 2022	$	(32,621)	$	3,310	$	660	$	(913)	$	(29,564)
March 31, 2021	$	1,987	$	1,940	$	(5,895)	$	(1,128)	$	(3,096)
Other comprehensive income or loss before reclassifications	1,122		(704)		—		—		418
Amounts reclassified from accumulated other comprehensive income	—		(23)		—		43		20
Net current-period other comprehensive income	1,122		(727)		—		43		438
June 30, 2021	$	3,109	$	1,213	$	(5,895)	$	(1,085)	$	(2,658)
For the Year-To-Date periods ended:
December 31, 2021	$	(614)	$	1,320	$	639	$	(998)	$	347
Other comprehensive income or loss before reclassifications	(32,007)		2,003		—		—		(30,004)
Amounts reclassified from accumulated other comprehensive income	—		(13)		21		85		93
Net current-period other comprehensive (loss) income	(32,007)		1,990		21		85		(29,911)
June 30, 2022	$	(32,621)	$	3,310	$	660	$	(913)	$	(29,564)
December 31, 2020	$	5,799	$	485	$	(5,929)	$	(1,171)	$	(816)
Other comprehensive income or loss before reclassifications	(2,690)		771		—		—		(1,919)
Amounts reclassified from accumulated other comprehensive income	—		(43)		34		86		77
Net current-period other comprehensive income	(2,690)		728		34		86		(1,842)
June 30, 2021	$	3,109	$	1,213	$	(5,895)	$	(1,085)	$	(2,658)

(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 loss.

Reclassifications Out of Accumulated Other Comprehensive Loss
Details about Accumulated Other Comprehensive Loss Components	Amounts Reclassified from Accumulated Other Comprehensive Loss			Affected Line Item in the Statement Where Net Income Is Presented
For the Quarter-to-date periods ended:
June 30, 2022
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	$	(11)		Interest expense
Amortization of defined benefit pension items:
Prior-service costs	(107)		(1)	Salaries and Employee Benefits
Actuarial loss	29		(1)	Salaries and Employee Benefits
	(89)			Total before Tax
	23			Provision for Income Taxes
Total reclassifications for the period	$	(66)		Net of Tax
June 30, 2021
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	$	30		Interest expense
Amortization of defined benefit pension items:
Prior-service costs	$	(57)	(1)	Salaries and Employee Benefits
Actuarial loss	—		(1)	Salaries and Employee Benefits
	(27)			Total before Tax
	7			Provision for Income Taxes
Total reclassifications for the period	$	(20)		Net of Tax
For the Year-to-date periods ended:
June 30, 2022
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	$	18
Amortization of defined benefit pension items:
Prior-service costs	(114)		(1)	Salaries and Employee Benefits
Actuarial loss	(28)		(1)	Salaries and Employee Benefits
	(124)			Total before Tax
	31			Provision for Income Taxes
Total reclassifications for the period	$	(93)		Net of Tax
June 30, 2021
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	58
Amortization of defined benefit pension items:
Prior-service costs	$	(116)	(1)	Salaries and Employee Benefits
Actuarial loss	(46)		(1)	Salaries and Employee Benefits
	(104)			Total before Tax
	27			Provision for Income Taxes
Total reclassifications for the period	$	(77)		Net of Tax
(1) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost.