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Accumulated Comprehensive Income
 6 Months Ended
Jun. 30, 2021
Accumulated Comprehensive Income [Abstract]  
Accumulated Comprehensive Income
Note 8 – Accumulated Comprehensive Income


The following tables present the changes in accumulated other comprehensive income by component, net of tax, for the three and six months ended June 30, 2021 and 2020 (in thousands):

  
Six months ended June 30, 2021
        
   
Unrealized gain
(loss) on available
for sale securities (a)
    
Defined Benefit
Pension Items (a)
    
Unrealized gain
(loss) on
interest rate
swap (a)
    
Total
  
Balance as of December 31, 2020
  
$
6,058
    
$
(3,462
)
  
$
(9
)
  
$
2,587
  
Other comprehensive (loss) income before reclassifications (net of tax)
    
(2,096
)
    
-
      
1,022
      
(1,074
)
Amounts reclassified from accumulated other comprehensive (loss) income (net of tax)
    
(39
)
    
136
      
-
      
97
  
Net current period other comprehensive (loss) income
    
(2,135
)
    
136
      
1,022
      
(977
)
Balance as of June 30, 2021
  
$
3,923
    
$
(3,326
)
  
$
1,013
    
$
1,610
  

 
Six months ended June 30, 2020
        
   
Unrealized gain
(loss) on available
for sale securities (a)
    
Defined Benefit
Pension Items (a)
    
Unrealized loss
on interest rate
swap (a)
    
Total
  
Balance as of December 31, 2019
  
$
2,290
    
$
(2,919
)
  
$
-
    
$
(629
)
Other comprehensive income (loss) before reclassifications (net of tax)
    
3,740
      
-
      
(446
)
    
3,294
  
Amounts reclassified from accumulated other comprehensive (loss) income (net of tax)
    
(92
)
    
334
      
-
      
242
  
Net current period other comprehensive income (loss)
    
3,648
      
334
      
(446
)
    
3,536
  
Balance as of June 30, 2020
  
$
5,938
    
$
(2,585
)
  
$
(446
)
  
$
2,907
  

 
Three months ended June 30, 2021
        
   
Unrealized gain
on available
for sale securities (a)
    
Defined Benefit
Pension Items (a)
    
Unrealized gain (loss)
on interest rate
swap (a)
    
Total
  
Balance as of March 31, 2021
  
$
2,784
    
$
(3,390
)
  
$
1,608
    
$
1,002
  
Other comprehensive income (loss) before reclassifications (net of tax)
    
1,139
      
-
      
(595
)
    
544
  
Amounts reclassified from accumulated other comprehensive income (net of tax)
    
-
      
64
      
-
      
64
  
Net current period other comprehensive income (loss)
    
1,139
      
64
      
(595
)
    
608
  
Balance as of June 30, 2021
  
$
3,923
    
$
(3,326
)
  
$
1,013
    
$
1,610
  

 
Three months ended June 30, 2020
        
   
Unrealized gain
(loss) on available
for sale securities (a)
    
Defined Benefit
Pension Items (a)
    
Unrealized loss
on interest rate
swap (a)
    
Total
  
Balance as of March 31, 2020
  
$
5,714
    
$
(2,796
)
  
$
-
    
$
2,918
  
Other comprehensive income (loss) before reclassifications (net of tax)
    
316
      
-
      
(446
)
    
(130
)
Amounts reclassified from accumulated other comprehensive (loss) income (net of tax)
    
(92
)
    
211
      
-
      
119
  
Net current period other comprehensive income (loss)
    
224
      
211
      
(446
)
    
(11
)
Balance as of June 30, 2020
  
$
5,938
    
$
(2,585
)
  
$
(446
)
  
$
2,907
  

(a) Amounts in parentheses indicate debits on the Consolidated Balance Sheet.


The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2021 and 2020 (in thousands):

Details about accumulated other comprehensive income (loss)
  
Amount reclassified from
accumulated comprehensive
income (loss) (a)
  
Affected line item in the Consolidated Statement of Income
 
  
Three Months Ended June 30,
  
 
 
  
2021
    
2020
  
 
Unrealized gains and losses on available for sale securities
            
   
   
$
-
    
$
117
  
Available for sale securities gains, net
     
-
      
(25
)
Provision for income taxes
   
$
-
    
$
92
  
Net of tax
                      
Defined benefit pension items
                    
 
  
$
(82
)
  
$
(267
)
Other expenses
 
    
18
      
56
  
Provision for income taxes
 
  
$
(64
)
  
$
(211
)
Net of tax
                      
Total reclassifications
  
$
(64
)
  
$
(119
)
 

 
  
Six Months Ended June 30,
  
 
 
  
2021
    
2020
  
 
Unrealized gains and losses on available for sale securities
            
   
   
$
50
    
$
117
  
Available for sale securities gains, net
     
(11
)
    
(25
)
Provision for income taxes
   
$
39
    
$
92
  
Net of tax
                      
Defined benefit pension items
                    
 
  
$
(173
)
  
$
(423
)
Other expenses
 
    
37
      
89
  
Provision for income taxes
 
  
$
(136
)
  
$
(334
)
Net of tax
                      
Total reclassifications
  
$
(97
)
  
$
(242
)
 

(a) Amounts in parentheses indicate expenses and other amounts indicate income on the Consolidated Statement of Income