Reclassification Adjustments Out of Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2024

Reclassification Adjustments Out of Other Comprehensive Income (Loss) [Abstract]

Reclassification Adjustments Out of Other Comprehensive Income (Loss)

10. Reclassification Adjustments Out of Other Comprehensive Income (Loss)

The following table summarizes the reclassification adjustments out of AOCI:

Detail About AOCI Components	Amount Reclassified from AOCI						Affected Line Item in the Consolidated Statements of Comprehensive Income (Loss)
	Three Months Ended
(In thousands)	June 30, 2024			June 30, 2023
AFS securities:
Losses on AFS securities	$	-		$	4,450		Net securities (gains) losses
Amortization of unrealized gains related to securities transfer		91			109		Interest income
Tax effect	$	(23	)	$	(1,141	)	Income tax (benefit)
Net of tax	$	68		$	3,418
Pension and other benefits:
Amortization of net losses	$	1,454		$	640		Other noninterest expense
Amortization of prior service costs		(3	)		9		Other noninterest expense
Tax effect	$	(363	)	$	(162	)	Income tax (benefit)
Net of tax	$	1,088		$	487
Total reclassifications, net of tax	$	1,156		$	3,905

Detail About AOCI Components	Amount Reclassified from AOCI						Affected Line item in the Consolidated Statements of  Comprehensive Income (Loss)
	Six Months Ended
(In thousands)	June 30, 2024			June 30, 2023
AFS securities:
Losses on AFS securities	$	-		$	9,450		Net securities (gains) losses
Amortization of unrealized gains related to securities transfer		187			223		Interest income
Tax effect	$	(47	)	$	(2,419	)	Income tax (benefit)
Net of tax	$	140		$	7,254
Pension and other benefits:
Amortization of net losses	$	1,908		$	1,280		Other noninterest expense
Amortization of prior service costs		(5	)		18		Other noninterest expense
Tax effect	$	(476	)	$	(325	)	Income tax (benefit)
Net of tax	$	1,427		$	973
Total reclassifications, net of tax	$	1,567		$	8,227