Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2023

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income ("AOCI") (loss) by component, including amounts reclassified to other comprehensive income ("OCI") (loss) and the related line item in the Statements of Operations where net income is presented, are as follows for the three months ended March 31:



	2023						2022
(in thousands)	Before Tax		Income Tax		Net		Before Tax		Income Tax		Net
Investment securities:
AOCI (loss), beginning of period	$	(66,571)	$	(13,980)	$	(52,591)	$	7,722	$	1,621	$	6,101
OCI (loss) before reclassifications	10,032		2,107		7,925		(36,371)		(7,638)		(28,733)
Realized investment losses	1,619		340		1,279		2,080		437		1,643
Impairment losses	1,633		343		1,290		216		45		171

OCI (loss)	13,284		2,790		10,494		(34,075)		(7,156)		(26,919)
AOCI (loss), end of period	$	(53,287)	$	(11,190)	$	(42,097)	$	(26,353)	$	(5,535)	$	(20,818)

Pension and other postretirement plans:
AOCI (loss), beginning of period	$	57,186	$	12,009	$	45,177	$	(39,734)	$	(8,345)	$	(31,389)

Amortization of prior service costs	362		76		286		361		76		285
Amortization of net actuarial (gain) loss	(3,833)		(805)		(3,028)		1,830		385		1,445
OCI (loss)	(3,471)		(729)		(2,742)		2,191		461		1,730
AOCI (loss), end of period	$	53,715	$	11,280	$	42,435	$	(37,543)	$	(7,884)	$	(29,659)

Total
AOCI (loss), beginning of period	$	(9,385)	$	(1,971)	$	(7,414)	$	(32,012)	$	(6,724)	$	(25,288)
Investment securities	13,284		2,790		10,494		(34,075)		(7,156)		(26,919)
Pension and other postretirement plans	(3,471)		(729)		(2,742)		2,191		461		1,730
OCI (loss)	9,813		2,061		7,752		(31,884)		(6,695)		(25,189)
AOCI (loss), end of period	$	428	$	90	$	338	$	(63,896)	$	(13,419)	$	(50,477)