Reclassification Adjustments Out of Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2022

8.	Reclassification Adjustments Out of Other Comprehensive Income (Loss)

The following table summarizes the reclassification adjustments out of AOCI:

Detail About AOCI Components	Amount Reclassified from AOCI						Affected Line Item in the Consolidated Statement of Comprehensive Income (Loss)
	Three Months Ended
(In thousands)	September 30, 2022			September 30, 2021
AFS securities:
Amortization of unrealized gains related to securities transfer	$	125		$	149		Interest income
Tax effect	$	(31	)	$	(38	)	Income tax (benefit)
Net of tax	$	94		$	111

Cash flow hedges:
Net unrealized losses on cash flow hedges reclassified to interest expense	$	-		$	-		Interest expense
Tax effect	$	-		$	-		Income tax (benefit)
Net of tax	$	-		$	-

Pension and other benefits:
Amortization of net losses	$	156		$	317		Other noninterest expense
Amortization of prior service costs		29			27		Other noninterest expense
Tax effect	$	(47	)	$	(86	)	Income tax (benefit)
Net of tax	$	138		$	258

Total reclassifications, net of tax	$	232		$	369

Detail About AOCI Components	Amount Reclassified from AOCI						Affected Line item in the Consolidated Statement of Comprehensive Income (Loss)
	Nine Months Ended
(In thousands)	September 30, 2022			September 30, 2021
AFS securities:
Amortization of unrealized gains related to securities transfer	$	393		$	434		Interest income
Tax effect	$	(98	)	$	(109	)	Income tax (benefit)
Net of tax	$	295		$	325

Cash flow hedges:
Net unrealized losses on cash flow hedges reclassified to interest expense	$	-		$	21		Interest expense
Tax effect	$	-		$	(5	)	Income tax (benefit)
Net of tax	$	-		$	16

Pension and other benefits:
Amortization of net losses	$	470		$	913		Other noninterest expense
Amortization of prior service costs		87			83		Other noninterest expense
Tax effect	$	(140	)	$	(249	)	Income tax (benefit)
Net of tax	$	417		$	747

Total reclassifications, net of tax	$	712		$	1,088