Changes in Accumulated Other Comprehensive Income Balances (Tables)

3 Months Ended

Mar. 31, 2020

The changes in accumulated other comprehensive income balances as of March 31, 2020 and 2019 were as follows (in thousands):


					Accumulated Other
	Pension		Unrealized		Comprehensive
	Liability		Gains (Loss)		Income (Loss)
Balance at December 31, 2018	$	(3,334)	$	(3,326)	$	(6,660)
Other comprehensive income:
Change in net actuarial gain		35		—		35
Tax effect on change in net actuarial gain		(7)		—		(7)
Unrealized holding gains arising during the period		—		7,773		7,773
Tax effect on unrealized gains arising during the period		—		(1,632)		(1,632)
Reclassification adjustment for gains included in net income		—		(4,141)		(4,141)
Tax effect on reclassification adjustment for gains included in net income		—		870		870
Other comprehensive income, net of tax		28		2,870		2,898

Balance at March 31, 2019	$	(3,306)	$	(456)	$	(3,762)

Balance at December 31, 2019	$	(3,239)	$	3,927	$	688
Other comprehensive loss:
Change in net actuarial gain		34		—		34
Tax effect on change in net actuarial gain		(7)		—		(7)
Unrealized holding losses arising during the period		—		(6,987)		(6,987)
Tax effect on unrealized holding losses arising during the period		—		1,467		1,467
Reclassification adjustment for gains included in net income		—		(5,636)		(5,636)
Tax effect on reclassification adjustment for gains included in net income		—		1,184		1,184
Other comprehensive loss, net of tax		27		(9,972)		(9,945)
Balance at March 31, 2020	$	(3,212)	$	(6,045)	$	(9,257)