Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2021

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

The following tables summarize the components of accumulated other comprehensive income (loss) at June 30, 2021 and 2020, including changes during the preceding three and six month periods as well as any reclassifications out of accumulated other comprehensive income (loss):


($ in Thousands)	Investment Securities AFS		Defined Benefit Pension and Postretirement Obligations		Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2020	$	41,325	$	(28,707)	$	12,618
Other comprehensive income (loss) before reclassifications	(16,002)		—		(16,002)
Amounts reclassified from accumulated other comprehensive income (loss)
Investment securities losses (gains), net	16		—		16
Personnel expense	—		(74)		(74)

Other expense	—		2,100		2,100


Interest income	1,163		—		1,163
Income tax (expense) benefit	3,574		(506)		3,068
Net other comprehensive income (loss) during period	(11,249)		1,519		(9,729)
Balance June 30, 2021	$	30,076	$	(27,187)	$	2,889

Balance December 31, 2019	$	3,989	$	(37,172)	$	(33,183)
Other comprehensive income (loss) before reclassifications	48,060		—		48,060
Amounts reclassified from accumulated other comprehensive income (loss)
Investment securities losses (gains), net	(9,214)		—		(9,214)
Personnel expense	—		(75)		(75)
Other expense	—		1,610		1,610


Interest income	1,332		—		1,332
Income tax (expense) benefit	(10,066)		(385)		(10,450)
Net other comprehensive income (loss) during period	30,112		1,150		31,263
Balance June 30, 2020	$	34,101	$	(36,021)	$	(1,920)


($ in Thousands)	Investments Securities AFS		Defined Benefit Pension and Post Retirement Obligations		Accumulated Other Comprehensive Income (Loss)
Balance March 31, 2021	$	23,754	$	(27,947)	$	(4,193)
Other comprehensive income (loss) before reclassifications	7,978		—		7,978
Amounts reclassified from accumulated other comprehensive income (loss)
Investment securities losses (gains), net	(24)		—		(24)
Personnel expense	—		(37)		(37)
Other expense	—		1,050		1,050


Interest income	645		—		645
Income tax (expense) benefit	(2,277)		(253)		(2,530)
Net other comprehensive income (loss) during period	6,322		760		7,082
Balance June 30, 2021	$	30,076	$	(27,187)	$	2,889

Balance March 31, 2020	$	19,620	$	(36,595)	$	(16,974)
Other comprehensive income (loss) before reclassifications	21,641		—		21,641
Amounts reclassified from accumulated other comprehensive income (loss)
Investment securities losses (gains), net	(3,096)		—		(3,096)
Personnel expense	—		(38)		(38)
Other expense	—		803		803


Interest income	776		—		776
Income tax (expense) benefit	(4,841)		(192)		(5,032)
Net other comprehensive income (loss) during period	14,481		573		15,054
Balance June 30, 2020	$	34,101	$	(36,021)	$	(1,920)