XML 16 R5.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Net Income $ 25,048 $ 19,770
Other comprehensive (loss)/income, net of tax and reclassification adjustments:    
Other Comprehensive Income (Loss), before Tax (15,935) 2,115
Income tax expense related to other comprehensive income 4,223 (566)
Other comprehensive (loss)/income, net of tax (11,712) 1,549
Comprehensive Income 13,336 21,319
Investment securities- with OTTI [Member]    
Other comprehensive (loss)/income, net of tax and reclassification adjustments:    
Unrealized holding (losses)/gains on investments (835) 3,379
Recognized gains (losses), before tax 202 201
Other Comprehensive Income (Loss), before Tax (1,037) 3,178
Income tax expense related to other comprehensive income 275 (850)
Other comprehensive (loss)/income, net of tax (762) 2,328
Investment securities- all other [Member]    
Other comprehensive (loss)/income, net of tax and reclassification adjustments:    
Unrealized holding (losses)/gains on investments (22,792) (7,661)
Unrealized holding losses on securities transferred from available for sale to held to maturity 8,328  
Recognized gains (losses), before tax 3 154
Other Comprehensive Income (Loss), before Tax (14,467) (7,815)
Income tax expense related to other comprehensive income 3,836 2,091
Other comprehensive (loss)/income, net of tax (10,631) (5,724)
Investment Securities Transferred From AFS to HTM    
Other comprehensive (loss)/income, net of tax and reclassification adjustments:    
Unrealized holding (losses)/gains on investments (8,328)  
Investment Securities HTM [Member]    
Other comprehensive (loss)/income, net of tax and reclassification adjustments:    
Unrealized holdings losses on securities transferred to held to maturity (8,328)  
Reclassification adjustment for gains/(losses) realized in income 91  
Recognized gains (losses), before tax (841) (247)
Other Comprehensive Income (Loss), before Tax (7,578) 247
Income tax expense related to other comprehensive income 2,009 (66)
Other comprehensive (loss)/income, net of tax (5,569) 181
Investment Securities HTM [Member] | Amortization of Recognized Income [Member]    
Other comprehensive (loss)/income, net of tax and reclassification adjustments:    
Recognized gains (losses), before tax (841) (247)
Cash Flow Hedge (OCI) [Member]    
Other comprehensive (loss)/income, net of tax and reclassification adjustments:    
Unrealized holding (losses)/gains on investments 1,521 867
Other Comprehensive Income (Loss), before Tax 1,521 867
Pension Plan [Member]    
Other comprehensive (loss)/income, net of tax and reclassification adjustments:    
Unrealized holding (losses)/gains on investments 931 4,684
Recognized gains (losses), before tax (1,117) (1,490)
Other Comprehensive Income (Loss), before Tax 2,048 6,174
Accumulated SERP [Member]    
Other comprehensive (loss)/income, net of tax and reclassification adjustments:    
Unrealized holding (losses)/gains on investments 3,307 (711)
Recognized gains (losses), before tax (271) (175)
Other Comprehensive Income (Loss), before Tax $ 3,578 $ (536)