Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2022

Accumulated Other Comprehensive Income (Loss).

Accumulated Other Comprehensive Income (Loss)

Note 16 — Accumulated Other Comprehensive Income (Loss)

The changes in each component of accumulated other comprehensive (loss) income, net of tax, were as follows:

			Unrealized Gains
			and Losses
			on Securities
	Benefit		Available
(Dollars in thousands)	Plans		for Sale		Total
Three Months Ended June 30, 2022
Balance at March 31, 2022	$	57	$	(294,013)	$	(293,956)
Other comprehensive loss before reclassifications		—		(196,928)		(196,928)
Amounts reclassified from accumulated other comprehensive loss		—		—		—
Net comprehensive loss		—		(196,928)		(196,928)
Balance at June 30, 2022	$	57	$	(490,941)	$	(490,884)
Three Months Ended June 30, 2021
Balance at March 31, 2021	$	(151)	$	(880)	$	(1,031)
Other comprehensive income before reclassifications		—		25,194		25,194
Amounts reclassified from accumulated other comprehensive income		—		(27)		(27)
Net comprehensive income		—		25,167		25,167
Balance at June 30, 2021	$	(151)	$	24,287	$	24,136
Six Months Ended June 30, 2022
Balance at December 31, 2021	$	57	$	(21,203)	$	(21,146)
Other comprehensive loss before reclassifications		—		(469,738)		(469,738)
Amounts reclassified from accumulated other comprehensive loss		—		—		—
Net comprehensive loss		—		(469,738)		(469,738)
Balance at June 30, 2022	$	57	$	(490,941)	$	(490,884)
Six Months Ended June 30, 2021
Balance at December 31, 2020	$	(151)	$	47,740	$	47,589
Other comprehensive loss before reclassifications		—		(23,426)		(23,426)
Amounts reclassified from accumulated other comprehensive income		—		(27)		(27)
Net comprehensive loss		—		(23,453)		(23,453)
Balance at June 30, 2021	$	(151)	$	24,287	$	24,136

The table below presents the reclassifications out of accumulated other comprehensive (loss) income, net of tax:

	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
(Dollars in thousands)	For the Three Months Ended June 30,				For the Six Months Ended June 30,
Accumulated Other Comprehensive Income (Loss) Component	2022		2021		2022		2021		Income Statement Line Item Affected
Gains on sales of available for sale securities:
	$	—	$	(36)	$	—	$	(36)	Securities gains, net
		—		9		—		9	Provision for income taxes
		—		(27)		—		(27)	Net income
Total reclassifications for the period	$	—	$	(27)	$	—	$	(27)