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Other Comprehensive Income (Tables)
3 Months Ended
Mar. 31, 2020
Other Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income









 

 

 

 

 

 

 

 

 



 

Balance at December 31, 2019

 

Net Change

 

Balance at March 31, 2020



 

(in thousands)

Net unrealized gain on investment securities

 

$

522 

 

$

1,835 

 

$

2,357 

Net defined benefit pension plan adjustments

 

 

(3,105)

 

 

87 

 

 

(3,018)

Total

 

$

(2,583)

 

$

1,922 

 

$

(661)



 

 

 

 

 

 

 

 

 



 

Balance at December 31, 2018

 

Net Change

 

Balance at March 31, 2019



 

(in thousands)

Net unrealized (loss) gain on investment securities

 

$

(2,348)

 

$

1,303 

 

$

(1,045)

Net defined benefit pension plan adjustments

 

 

(3,005)

 

 

67 

 

 

(2,938)

Total

 

$

(5,353)

 

$

1,370 

 

$

(3,983)



Components Of Other Comprehensive Income







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Three months ended March 31, 2020

 

Three months ended March 31, 2019



 

(in thousands)

 

(in thousands)



 

Before-Tax Amount

 

Income Tax (Provision) Benefit

 

Net-of-Tax Amount

 

Before-Tax Amount

 

Income Tax (Provision) Benefit

 

Net-of-Tax Amount

Unrealized gain on investment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gain on investment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

securities

 

$

2,475 

 

$

(640)

 

$

1,835 

 

$

1,761 

 

$

(458)

 

$

1,303 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defined benefit pension plan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reclassifications from accumulated other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

comprehensive income for gains

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of prior service cost (a)

 

$

 

$

(3)

 

$

 

$

 

$

(2)

 

$

Amortization of actuarial loss (a)

 

 

113 

 

 

(31)

 

 

82 

 

 

83 

 

 

(22)

 

 

61 

Net change

 

 

121 

 

 

(34)

 

 

87 

 

 

91 

 

 

(24)

 

 

67 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

$

2,596 

 

$

(674)

 

$

1,922 

 

$

1,852 

 

$

(482)

 

$

1,370 



(a)

Included in net periodic pension cost, as described in Note 9 – “Net Periodic Benefit Costs”