Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2024

Accumulated Other Comprehensive Loss

Schedule of Accumulated Other Comprehensive Loss

(in thousands)	Investment securities- with credit related impairment AFS		Investment securities- all other AFS		Investment securities- HTM		Cash Flow Hedge		Pension Plan		SERP		Total
Accumulated OCL, net:
Balance - January 1, 2023	$	(1,711)	$	(16,380)	$	(5,703)	$	797	$	(16,603)	$	574	$	(39,026)
Other comprehensive (loss)/income before reclassifications		(622)		61		—		(228)		1,605		(1,802)		(986)
Amounts reclassified from accumulated   other comprehensive loss		(149)		3,102		502		—		735		(5)		4,185
Balance - December 31, 2023	$	(2,482)	$	(13,217)	$	(5,201)	$	569	$	(14,263)	$	(1,233)	$	(35,827)
Other comprehensive income/(loss) before reclassifications		38		(575)		—		(197)		3,945		1,301		4,512
Amounts reclassified from accumulated   other comprehensive loss		(148)		—		505		—		595		115		1,067
Balance - December 31, 2024	$	(2,592)	$	(13,792)	$	(4,696)	$	372	$	(9,723)	$	183	$	(30,248)

Components of Comprehensive Income

Components of Other Comprehensive Income (in thousands)	Before Tax Amount		Tax (Expense) Benefit		Net
For the year ended December 31, 2024
Available for sale (AFS) securities with credit-related impairment
Unrealized holding gains	$	52	$	(14)	$	38
Less: accretable yield recognized in income		202		(54)		148
Net unrealized losses on investments with credit-related impairment		(150)		40		(110)
Available for sale securities – all other:
Unrealized holding losses		(783)		208		(575)
Net unrealized losses on all other AFS securities		(783)		208		(575)
Held to maturity securities:
Unrealized holding losses on securities transferred to held to maturity		—		—		—
Less: amortization recognized in income		(688)		183		(505)
Net unrealized gains on HTM securities		688		(183)		505
Cash flow hedges:
Unrealized holding losses		(301)		104		(197)
Net unrealized losses on cash flow hedges		(301)		104		(197)
Pension Plan:
Unrealized net actuarial gain		5,375		(1,430)		3,945
Less: amortization of unrecognized loss		(811)		216		(595)
Net pension plan asset adjustment		6,186		(1,646)		4,540
SERP:
Unrealized net actuarial gain		1,773		(472)		1,301
Less: amortization of unrecognized loss		(157)		42		(115)
Net SERP liability adjustment		1,930		(514)		1,416
Other comprehensive income	$	7,570	$	(1,991)	$	5,579

Components of Other Comprehensive Income (in thousands)	Before Tax Amount		Tax (Expense) Benefit		Net
For the year ended December 31, 2023
Available for sale (AFS) securities with credit related impairment:
Unrealized holding losses	$	(845)	$	223	$	(622)
Less: accretable yield recognized in income		202		(53)		149
Net unrealized losses on investments with credit related impairment		(1,047)		276		(771)
Available for sale securities – all other:
Unrealized holding gains		83		(22)		61
Less: losses recognized in income		(4,214)		1,112		(3,102)
Net unrealized gains on all other AFS securities		4,297		(1,134)		3,163
Held to maturity securities:
Unrealized holding losses on securities transferred to held to maturity		—		—		—
Less: amortization recognized in income		(682)		180		(502)
Net unrealized gains on HTM securities		682		(180)		502
Cash flow hedges:
Unrealized holding losses		(310)		82		(228)
Net unrealized losses on cash flow hedges		(310)		82		(228)
Pension Plan:
Unrealized net actuarial gain		2,180		(575)		1,605
Less: amortization of unrecognized loss		(998)		263		(735)
Net pension plan asset adjustment		3,178		(838)		2,340
SERP:
Unrealized net actuarial loss		(2,448)		646		(1,802)
Less: amortization of unrecognized gain		7		(2)		5
Net SERP liability adjustment		(2,455)		648		(1,807)
Other comprehensive income	$	4,345	$	(1,146)	$	3,199

Reclassification out of Accumulated Other Comprehensive Income

Details of Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss		Affected Line Item in the Statement
(in thousands)	2024		Where Net Income is Presented
Net unrealized gains on investment securities with credit related impairment:
Accretable Yield	$	202	Interest income on taxable investment securities
Taxes		(54)	Credit for income tax expense
	$	148	Net of tax
Net unrealized losses on held to maturity   investment securities:
Amortization	$	(688)	Interest income on taxable investment securities
Taxes		183	Provision for income tax expense
	$	(505)	Net of tax
Net pension plan asset adjustment:
Amortization of unrecognized loss	$	(811)	Other expense
Taxes		216	Provision for income tax expense
	$	(595)	Net of tax
Net SERP liability adjustment:
Amortization of unrecognized loss	$	(157)	Other expense
Taxes		42	Provision for income tax expense
	$	(115)	Net of tax
Total reclassifications for the period	$	(1,067)	Net of tax

Details of Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss		Affected Line Item in the Statement
(in thousands)	2023		Where Net Income is Presented
Net unrealized gains on investment securities with credit related impairment:
Accretable Yield	$	202	Interest income on taxable investment securities
Taxes		(53)	Credit for income tax expense
	$	149	Net of tax
Net unrealized losses on available for sale   investment securities - all other:
Losses on sales	$	(4,214)	Net losses
Taxes		1,112	Provision for income tax expense
	$	(3,102)	Net of tax
Net unrealized losses on held to maturity   investment securities:
Amortization	$	(682)	Interest income on taxable investment securities
Taxes		180	Provision for income tax expense
	$	(502)	Net of tax
Net pension plan asset adjustment:
Amortization of unrecognized loss	$	(998)	Other expense
Taxes		263	Provision for income tax expense
	$	(735)	Net of tax
Net SERP liability adjustment:
Amortization of unrecognized gain	$	7	Other expense
Taxes		(2)	Provision for income tax expense
	$	5	Net of tax
Total reclassifications for the period	$	(4,185)	Net of tax