Changes in Accumulated Other Comprehensive (Loss) Income Balances

6 Months Ended

Jun. 30, 2022

Changes in Accumulated Other Comprehensive (Loss) Income Balances [Abstract]

Changes in Accumulated Other Comprehensive (Loss) Income Balances

18. Changes in Accumulated Other Comprehensive (Loss) Income Balances

The changes in accumulated other comprehensive (loss) income balances as of June 30, 2022 and 2021 were as follows (in thousands):

					Accumulated Other
	Pension		Unrealized		Comprehensive
	Liability		Gains (Loss)		Income (Loss)
Balance at January 1, 2021	$	(3,762)	$	4,145	$	383
Other comprehensive loss:
Change in net actuarial gain		87		—		87
Tax effect on change in net actuarial gain		(18)		—		(18)
Unrealized holding gains arising during the period		—		2,787		2,787
Tax effect on unrealized holdings gains arising during the period		—		(585)		(585)
Reclassification adjustment for gains included in net income		—		(4,229)		(4,229)
Tax effect on reclassification adjustment for gains included in net income		—		888		888
Other comprehensive loss, net of tax		69		(1,139)		(1,070)
Balance at June 30, 2021	$	(3,693)	$	3,006	$	(687)
Balance at January 1, 2022	$	(2,641)	$	1,606	$	(1,035)
Other comprehensive income:
Change in net actuarial gain		54		—		54
Tax effect on change in net actuarial gain		(12)		—		(12)
Unrealized holding gains arising during the period		—		(7,686)		(7,686)
Tax effect on unrealized holding gains arising during the period		—		1,614		1,614
Reclassification adjustment for gains included in net income		—		(1,163)		(1,163)
Tax effect on reclassification adjustment for gains included in net income		—		244		244
Other comprehensive loss, net of tax		42		(6,991)		(6,949)
Balance at June 30, 2022	$	(2,599)	$	(5,385)	$	(7,984)