Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2023

Other Comprehensive Income (Loss) [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

	Balance at June 30, 2023		Net Change		Balance at September 30, 2023
	(in thousands)
Net unrealized loss on investment securities	$	(48,007)	$	(8,813)	$	(56,820)
Net defined benefit pension plan adjustments		(1,890)		20		(1,870)
Total	$	(49,897)	$	(8,793)	$	(58,690)

	Balance at June 30, 2022		Net Change		Balance at September 30, 2022
	(in thousands)
Net unrealized loss on investment securities	$	(31,898)	$	(15,581)	$	(47,479)
Net defined benefit pension plan adjustments		(2,401)		56		(2,345)
Total	$	(34,299)	$	(15,525)	$	(49,824)

	Balance at December 31, 2022		Net Change		Balance at September 30, 2023
	(in thousands)
Net unrealized loss on investment securities	$	(47,348)	$	(9,472)	$	(56,820)
Net defined benefit pension plan adjustments		(1,930)		60		(1,870)
Total	$	(49,278)	$	(9,412)	$	(58,690)

	Balance at December 31, 2021		Net Change		Balance at September 30, 2022
	(in thousands)
Net unrealized loss on investment securities	$	(3,160)	$	(44,319)	$	(47,479)
Net defined benefit pension plan adjustments		(2,511)		166		(2,345)
Total	$	(5,671)	$	(44,153)	$	(49,824)

Components Of Other Comprehensive Income (Loss)

	Three months ended September 30, 2023						Three months ended September 30, 2022
	(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 loss on investment
securities:
Unrealized loss on investment
securities	$	(11,904)	$	3,091	$	(8,813)	$	(21,016)	$	5,435	$	(15,581)
Defined benefit pension plan
adjustments:
Amortization of prior service cost		-		-		-		8		(2)		6
Amortization of actuarial loss		27		(7)		20		68		(18)		50
Net change		27		(7)		20		76		(20)		56
Other comprehensive (loss) income	$	(11,877)	$	3,084	$	(8,793)	$	(20,940)	$	5,415	$	(15,525)

	Nine months ended September 30, 2023						Nine months ended September 30, 2022
	(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 loss on investment
securities:
Unrealized loss on investment
securities	$	(12,822)	$	3,350	$	(9,472)	$	(59,796)	$	15,477	$	(44,319)
Defined benefit pension plan
adjustments:
Amortization of prior service cost		-		-		-		24		(8)		16
Amortization of actuarial loss		81		(21)		60		203		(53)		150
Net change		81		(21)		60		227		(61)		166
Other comprehensive (loss) income	$	(12,741)	$	3,329	$	(9,412)	$	(59,569)	$	15,416	$	(44,153)