XML 68 R51.htm IDEA: XBRL DOCUMENT
v3.20.4

Other Comprehensive Income (Loss) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Equity [Abstract] |
Components of Other Comprehensive Loss | The following table presents the components of other comprehensive income (loss) both gross and net of tax, for the years ended December 31, 2020, 2019 and 2018 (in thousands):
| For the Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| Before Tax |  | Tax Effect |  | After Tax |  | Before Tax |  | Tax Effect |  | After Tax |  | Before Tax |  | Tax Effect |  | After Tax
Components of Other Comprehensive Income ( Loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized losses on available for sale debt securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net gains (losses) arising during the period | $ | 20,134 |  |  | (5,190) |  |  | 14,944 |  |  | 24,987 |  |  | (6,636) |  |  | 18,351 |  |  | (8,425) |  |  | 2,296 |  |  | (6,129) |
Reclassification adjustment for gains included in net income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | 20,134 |  |  | (5,190) |  |  | 14,944 |  |  | 24,987 |  |  | (6,636) |  |  | 18,351 |  |  | (8,425) |  |  | 2,296 |  |  | (6,129) |
Unrealized (losses) gains on derivatives (cash flow hedges) | (7,099) |  |  | 1,830 |  |  | (5,269) |  |  | (780) |  |  | 201 |  |  | (579) |  |  | 304 |  |  | (83) |  |  | 221 |
Amortization related to post-retirement obligations | 5,604 |  |  | (1,445) |  |  | 4,159 |  |  | (2,176) |  |  | 561 |  |  | (1,615) |  |  | 1,678 |  |  | (457) |  |  | 1,221 |
Total other comprehensive income (loss) | $ | 18,639 |  |  | (4,805) |  |  | 13,834 |  |  | 22,031 |  |  | (5,874) |  |  | 16,157 |  |  | (6,443) |  |  | 1,756 |  |  | (4,687) |
Changes in Accumulated Other Comprehensive Income by Component, net of tax | The following table presents the changes in the components of accumulated other comprehensive loss, net of tax, for the years ended December 31, 2020 and 2019 (in thousands):
|  | Changes in Accumulated Other Comprehensive Income by Component, net of tax For the Years Ended December 31,
|  | 2020 |  | 2019
|  | Unrealized Gains on Available for Sale Debt Securities |  | Post-Retirement Obligations |  | Unrealized Gains (Losses) on Derivatives (cash flow hedges) |  | Accumulated Other Comprehensive Income |  | Unrealized Gains (Losses) on Available for Sale Debt Securities |  | Post-Retirement Obligations |  | Unrealized Gains (Losses) on Derivatives (cash flow hedges) |  | Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of the period |  | $ | 8,746 |  |  | (5,240) |  |  | 315 |  |  | 3,821 |  |  | (9,605) |  |  | (3,625) |  |  | 894 |  |  | (12,336) |
Current period change in other comprehensive income (loss) |  | 14,944 |  |  | 4,159 |  |  | (5,269) |  |  | 13,834 |  |  | 18,351 |  |  | (1,615) |  |  | (579) |  |  | 16,157 |
Balance at the end of the period |  | $ | 23,690 |  |  | (1,081) |  |  | (4,954) |  |  | 17,655 |  |  | 8,746 |  |  | (5,240) |  |  | 315 |  |  | 3,821 |
Reclassification Out of Accumulated Other Comprehensive Income | The following table summarizes the reclassifications out of accumulated other comprehensive (loss) income for the years ended December 31, 2020, 2019 and 2018 (in thousands):
|  | Reclassifications Out of Accumulated Other Comprehensive Income (Loss)
|  | Amount reclassified from AOCI for the years ended December 31, |  | Affected line item in the Consolidated Statement of Income
|  | 2020 |  | 2019 |  | 2018 |  |
Details of AOCI: |  |  |  |  |  |  |  |
Available for sale debt securities: |  |  |  |  |  |  |  |
Realized net gains on the sale of securities available for sale |  | $ | — |  |  | — |  |  | — |  |  | Net gain on securities transactions
|  | — |  |  | — |  |  | — |  |  | Income tax expense
|  | — |  |  | — |  |  | — |  |  | Net of tax
Post-retirement obligations: |  |  |  |  |  |  |  |
Amortization of actuarial losses |  | 448 |  |  | 189 |  |  | 399 |  |  | Compensation and employee benefits (1)
|  | (115) |  |  | (49) |  |  | (109) |  |  | Income tax expense
|  | 333 |  |  | 140 |  |  | 290 |  |  | Net of tax
Total reclassifications |  | $ | 333 |  |  | 140 |  |  | 290 |  |  | Net of tax
(1) This item is included in the computation of net periodic benefit cost. See Note 13. Benefit Plans

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration