Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2021

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

Schedule Of Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) included the following at December 31, 2021 and 2020:

	December 31, 2021						December 31, 2020
(Dollars in thousands)	Accumulated other comprehensive income  (loss)		Deferred tax expense (benefit)		Accumulated other comprehensive income (loss), net of tax		Accumulated other comprehensive income  (loss)		Deferred tax expense (benefit)		Accumulated other comprehensive income (loss), net of tax
Unrealized (losses) gains on securities available for sale	$	(11,792)	$	(2,712)	$	(9,080)	$	102,278	$	23,524	$	78,754
Unrealized (losses) gains on securities available for sale transferred to held to maturity	(8,735)		(2,009)		(6,726)		5,399		1,242		4,157
Defined benefit pension items	33,223		7,641		25,582		(91,751)		(21,103)		(70,648)
Total	$	12,696	$	2,920	$	9,776	$	15,926	$	3,663	$	12,263

The following table highlights changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2021 and 2020:

(Dollars in thousands)	Unrealized gains (losses) on securities available-for-sale(1)		Unrealized gains (losses) on securities available for sale transferred to held to maturity(1)(2)		Defined benefit pension items(1)		Total
Balance at January 1, 2020	$	5,792	$	—	$	(132,515)	$	(126,723)
Net unrealized gains arising during period	119,357		4,538		42,367		166,262
Amounts reclassified from accumulated other comprehensive loss	(46,395)		(381)		19,500		(27,276)
Net current period other comprehensive income	72,962		4,157		61,867		138,986
Balance at December 31, 2020	78,754		4,157		(70,648)		12,263
Net unrealized (losses) gains arising during the period	(62,332)		(9,747)		75,368		3,289
Amounts reclassified from accumulated other comprehensive income	(25,502)		(1,136)		20,862		(5,776)
Net current period other comprehensive (loss) income	(87,834)		(10,883)		96,230		(2,487)
Balance at December 31, 2021	$	(9,080)	$	(6,726)	$	25,582	$	9,776

(1) All amounts are net of tax. Amounts in parentheses indicate other comprehensive losses, which are debits or decreases to equity.

(2) Unrealized gains (losses) related to the reclassification of investment securities from available for sale to held to maturity. Refer to Note C, Investments, for additional information.

The following table details the amounts recognized in accumulated other comprehensive income at December 31, 2021 and 2020.

(Dollars in thousands)	2021		2020
Net actuarial (gain) loss	$	(33,223)	$	91,751

Reclassification out of Accumulated Other Comprehensive Income

The following table presents the amounts reclassified from accumulated other comprehensive income (loss) and the line item affected in the Consolidated Statements of Income for years ended December 31, 2021 and 2020:

(Dollars in thousands)	Year ended December 31, 2021
Details about accumulated other comprehensive income (loss)	Amount reclassified from accumulated other comprehensive income (loss)(1)		Affected line item in the Consolidated Statements of Income
Unrealized gains on available for sale securities	$	33,119	Realized gains on investment securities available for sale, net
	(7,617)		Income taxes
	$	25,502
Net accretion of unrealized gains (losses) on securities available for sale transferred to held to maturity	$	1,475	Net interest income
	(339)		Income taxes
	$	1,136
Amortization of actuarial losses on defined benefit pension items	$	(27,093)	Other noninterest expense
	6,231		Income taxes
	$	(20,862)
Total reclassifications for the period	$	5,776
	Year ended December 31, 2020
Details about accumulated other comprehensive (loss) income	Amount reclassified from accumulated other comprehensive income (loss)(1)		Affected line item in the statement where net income is presented
Unrealized gains on available for sale securities	$	60,253	Realized gains on investment securities available for sale, net
	(13,858)		Income taxes
	$	46,395
Amortization of unrealized losses on securities available for sale transferred to held to maturity	$	495	Net interest income
	(114)		Income taxes
	$	381
Amortization of defined benefit pension items
Actuarial losses	(25,324)		Other noninterest expense
	5,824		Income taxes
	$	(19,500)
Total reclassifications for the period	$	27,276

(1) Amounts in parentheses represent decreases to net income.