Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2019

Stockholders' Equity

Schedule of the change in the components of the accumulated other comprehensive loss

					Accumulated
			Unrecognized Net		Other
			Pension and		Comprehensive
	Unrealized Loss		Postretirement		(Loss)
(in thousands)	on Securities (1)		Costs (2)		Income
Balance, December 31, 2017	$	(2,500)	$	(3,162)	$	(5,662)
Other comprehensive (loss) income, before reclassifications		(1,209)		219		(990)
Amounts reclassified from accumulated other comprehensive loss		—		436		436
Other comprehensive (loss) income, before tax		(1,209)		655		(554)
Income tax benefit (expense)		254		(137)		117
Other comprehensive (loss) income, net of tax		(955)		518		(437)
Balance, December 31, 2018	$	(3,455)	$	(2,644)	$	(6,099)
Other comprehensive income, before reclassifications		4,304		79		4,383
Amounts reclassified from accumulated other comprehensive loss		40		(1,455)		(1,415)
Other comprehensive (loss) income, before tax		4,344		(1,376)		2,968
Income tax (expense) benefit		(912)		288		(624)
Other comprehensive (loss) income, net of tax		3,432		(1,088)		2,344
Balance, December 31, 2019	$	(23)	$	(3,732)	$	(3,755)

(1) The pre-tax amounts reclassified from accumulated other comprehensive (loss) income are included in (losses) gains on sale of investment securities in the consolidated statements of income.

(2) The pre-tax amounts reclassified from accumulated other comprehensive (loss) income are included in the computation of net periodic pension cost. See Note 13.