Note 19 - Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

19. Accumulated Other Comprehensive Income (Loss)

The following are changes in Accumulated Other Comprehensive Income (Loss) by component, net of tax for the year ending December 31, 2021: 

(Dollar amounts in thousands)	Unrealized Gains and Losses on Available-for-Sale Securities			Defined Benefit Pension Items			Totals
Accumulated Other Comprehensive Income (Loss) at January 1, 2021	$	2,220		$	(5,704	)	$	(3,484	)
Other comprehensive income (loss) before reclassification		(2,132	)		402			(1,730	)
Amounts reclassified from accumulated other comprehensive income (loss)		(194	)		231			37
Net current period other comprehensive income (loss)		(2,326	)		633			(1,693	)
Accumulated Other Comprehensive Income (Loss) at December 31, 2021	$	(106	)	$	(5,071	)	$	(5,177	)

The following are significant amounts reclassified out of each component of Accumulated Other Comprehensive Income (Loss) for the year ending December 31, 2021: 

(Dollar amount in thousands)	Amount Reclassified
		from Accumulated Other Comprehensive Income
Details about Accumulated Other	For the year ended			Affected Line Item in the Statement
Comprehensive (Income) Loss Components	December 31, 2021			Where Net Income is Presented
Unrealized gains and losses on available-for-sale securities	$	(245	)	Net gain on sale of available-for-sale securities
Tax effect		52		Provision for income taxes
Total security reclassifications for the period		(194	)
Amortization of defined benefit pension items
Prior service costs		—		Other noninterest income
Actuarial losses		292		Compensation and employee benefits
Total before tax		292
Tax effect		(61	)	Provision for income taxes
Total defined benefit pension reclassifications for the period		231
Total reclassifications for the period	$	37		Net of tax

The following are changes in Accumulated Other Comprehensive Income (Loss) by component, net of tax for the year ending December 31, 2020:

(Dollar amounts in thousands)	Unrealized Gains and Losses on Available-for-Sale Securities			Defined Benefit Pension Items			Totals
Accumulated Other Comprehensive Income (Loss) at January 1, 2020	$	(108	)	$	(5,227	)	$	(5,335	)
Other comprehensive income (loss) before reclassification		2,871			(689	)		2,182
Amounts reclassified from accumulated other comprehensive income (loss)		(543	)		212			(331	)
Net current period other comprehensive income (loss)		2,328			(477	)		1,851
Accumulated Other Comprehensive Income (Loss) at December 31, 2020	$	2,220		$	(5,704	)	$	(3,484	)

The following are significant amounts reclassified out of each component of Accumulated Other Comprehensive Income (Loss) for the year ending December 31, 2020:

(Dollar amount in thousands)	Amount Reclassified
		from Accumulated Other Comprehensive Income
Details about Accumulated Other	For the year ended			Affected Line Item in the Statement
Comprehensive (Income) Loss Components	December 31, 2020			Where Net Income is Presented
Unrealized gains and losses on available-for-sale securities	$	(687	)	Net gain on sale of available-for-sale securities
Tax effect		144		Provision for income taxes
Total security reclassifications for the period		(543	)
Amortization of defined benefit pension items
Prior service costs		—		Other noninterest income
Actuarial gains		268		Compensation and employee benefits
Total before tax		268
Tax effect		(56	)	Provision for income taxes
Total defined benefit pension reclassifications for the period		212
Total reclassifications for the period	$	(331	)	Net of tax