Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss) for the Company are as follows:


($ in thousands)	December 31, 2020		December 31, 2019	December 31, 2018
Unrealized gain (loss) on securities available for sale	$	20,448	9,743	(12,390)
Deferred tax (liability) asset	(4,699)		(2,239)	2,896
Net unrealized gain (loss) on securities available for sale	15,749		7,504	(9,494)

Postretirement plans asset (liability)	(1,817)		(3,092)	(3,220)
Deferred tax asset (liability)	418		711	753
Net postretirement plans asset (liability)	(1,399)		(2,381)	(2,467)

Total accumulated other comprehensive income (loss)	$	14,350	5,123	(11,961)

The following table discloses the changes in accumulated other comprehensive income (loss) for the years ended December 31, 2020, 2019, and 2018 (all amounts are net of tax).


($ in thousands)	Unrealized Gain (Loss) on Securities Available for Sale		Postretirement Plans Asset (Liability)	Total
Beginning balance at January 1, 2018	$	(1,694)	(2,452)	(4,146)

Other comprehensive income (loss) before reclassifications	(7,800)		(31)	(7,831)
Amounts reclassified from accumulated other comprehensive income	—		16	16
Net current-period other comprehensive income (loss)	(7,800)		(15)	(7,815)

Ending balance at December 31, 2018	(9,494)		(2,467)	(11,961)

Other comprehensive income (loss) before reclassifications	17,073		(528)	16,545
Amounts reclassified from accumulated other comprehensive income	(75)		614	539
Net current-period other comprehensive income (loss)	16,998		86	17,084

Ending balance at Ending balance at December 31, 2019	7,504		(2,381)	5,123

Other comprehensive income (loss) before reclassifications	14,425		454	14,879
Amounts reclassified from accumulated other comprehensive income	(6,180)		528	(5,652)
Net current-period other comprehensive income (loss)	8,245		982	9,227

Ending balance at December 31, 2020	$	15,749	(1,399)	14,350