Accumulated Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2021

Accumulated Other Comprehensive Income

Schedule of components of accumulated other comprehensive income, included in stockholders' equity

The components of accumulated other comprehensive loss, included in stockholders’ equity, are as follows:

	March 31,		December 31,
	2021		2020
	(In thousands)
Net unrealized gain (loss) on securities available-for-sale	$	11,815	$	14,561
Net unrealized loss for unfunded status of defined benefit plan liability		(2,810)		(2,810)
		9,005		11,751
Less: Tax effect		(1,892)		(2,468)
Net-of-tax amount	$	7,113	$	9,283

Reclassification out of accumulated other comprehensive income

Reclassifications out of accumulated other comprehensive income during the three months ended March 31, 2021 and 2020 and the affected line items in the Consolidated Financial Statements of Income were as follows:

	2021		2020
	(In thousands)
Realized gains on securities available-for-sale	$	—	$	69
Less provision for federal income taxes		—		14
Reclassification adjustment, net of taxes	$	—	$	55