Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2021

The components of other comprehensive income are as follows:


	For the Three Months Ended
	June 30, 2021						June 30, 2020
(in thousands)	Before Tax Amount		Tax Benefit (Expense)		Net of Tax Amount		Before Tax Amount		Tax Benefit (Expense)		Net of Tax Amount
Net unrealized gains (losses) on available for sale securities:
Net unrealized holding gains arising during period	$	9,729	$	(2,616)	$	7,113	$	3,329	$	(817)	$	2,512
Reclassification adjustment for net gains arising during the period	—		—		—		—		—		—
Net unrealized gains	9,729		(2,616)		7,113		3,329		(817)		2,512
Unrealized gains (losses) on derivatives	68		(145)		(77)		(51)		15		(36)

Other comprehensive income net	$	9,797	$	(2,761)	$	7,036	$	3,278	$	(802)	$	2,476


	For the Six Months Ended
	June 30, 2021						June 30, 2020
(in thousands)	Before Tax Amount		Tax Benefit (Expense)		Net of Tax Amount		Before Tax Amount		Tax Benefit (Expense)		Net of Tax Amount
Net unrealized gains (losses) on available for sale securities:
Net unrealized holding (losses) gains arising during period	$	(8,908)	$	2,886	$	(6,022)	$	13,124	$	(3,328)	$	9,796
Reclassification adjustment for net gains arising during the period	—		—		—		(342)		88		(254)
Net unrealized (losses) gains	(8,908)		2,886		(6,022)		12,782		(3,240)		9,542
Unrealized gains (losses) on derivatives	135		(165)		(30)		(528)		155		(373)

Other comprehensive (losses) income, net	$	(8,773)	$	2,721	$	(6,052)	$	12,254	$	(3,085)	$	9,169

The following tables show the changes in the balances of each of the components of other comprehensive income for the periods presented, net of tax:


	For the Three Months Ended June 30, 2021								For the Three Months Ended June 30, 2020
(in thousands)	Unrealized Gains (Losses) on Available for Sale Securities		Unrealized Gains (Losses) on Derivatives		Pension Items		Total		Unrealized Gains on Available for Sale Securities		Unrealized (Losses) on Derivatives		Pension Items		Total

Beginning balance	$	(1,733)	$	72	$	(30)	$	(1,691)	$	8,966	$	(20)	$	(5)	$	8,941


Net current period other comprehensive (loss) income	7,113		(77)		—		7,036		2,512		(36)		—		2,476
Ending balance	$	5,380	$	(5)	$	(30)	$	5,345	$	11,478	$	(56)	$	(5)	$	11,417


	For the Six Months Ended June 30, 2021								For the Six Months Ended June 30, 2020

(in thousands)	Unrealized Gains (Losses) on Available for Sale Securities		Unrealized Gains (Losses) on Derivatives		Pension Items		Total		Unrealized Gains on Available for Sale Securities		Unrealized Gains (Losses) on Derivatives		Pension Items		Total

Beginning balance	$	11,402	$	25	$	(30)	$	11,397	$	1,936	$	317	$	(5)	$	2,248
Other comprehensive (loss) income before classifications	(6,022)		(30)		—		(6,052)		9,796		(373)		—		9,423
Amounts reclassified from accumulated other comprehensive income	—		—		—		—		(254)		—		—		(254)
Net current period other comprehensive (loss) income	(6,022)		(30)		—		(6,052)		9,542		(373)		—		9,169
Ending balance	$	5,380	$	(5)	$	(30)	$	5,345	$	11,478	$	(56)	$	(5)	$	11,417