Supplemental Comprehensive Income Disclosures

12 Months Ended

Dec. 31, 2023

Supplemental Comprehensive Income Disclosures [Abstract]

Supplemental Comprehensive Income Disclosures

The following table identifies the related tax effects allocated to each component of other comprehensive income in the Consolidated Statements of Comprehensive Income as of December 31. Reclassification adjustments related to securities available for sale are included in the “Net securities (losses) gains” line in the Consolidated Statements of Income.


	2023						2022						2021
	Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount		Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount		Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount
	(dollars in thousands)
Unrealized gains (losses) on securities:
Unrealized holding gains (losses) on securities arising during the period	$	18,499	$	(3,449)	$	15,050	$	(131,838)	$	27,686	$	(104,152)	$	(29,892)	$	6,278	$	(23,614)

Reclassification adjustment for losses (gains) on securities included in net income	103		(22)		81		(2)		—		(2)		(16)		3		(13)
Total unrealized gains (losses) on securities	18,602		(3,471)		15,131		(131,840)		27,686		(104,154)		(29,908)		6,281		(23,627)
Unrealized gains (losses) on derivatives:
Unrealized holding gains (losses) on derivatives arising during the period	13,462		(2,733)		10,729		(31,573)		6,630		(24,943)		(3,356)		705		(2,651)

Total unrealized gains (losses) on derivatives	13,462		(2,733)		10,729		(31,573)		6,630		(24,943)		(3,356)		705		(2,651)
Unrealized gains for postretirement obligations:
Prior service cost	76		(15)		61		76		(16)		60		76		(16)		60

Net gain	22		(7)		15		143		(30)		113		275		(58)		217
Total unrealized gains for postretirement obligations	98		(22)		76		219		(46)		173		351		(74)		277
Total other comprehensive income (loss)	$	32,162	$	(6,226)	$	25,936	$	(163,194)	$	34,270	$	(128,924)	$	(32,913)	$	6,912	$	(26,001)

The following table details the change in components of OCI for the year ended December 31:


	2023
	Securities Available for Sale		Derivatives		Post-Retirement Obligation		Accumulated Other Comprehensive Income
	(dollars in thousands)


Balance at January 1	$	(107,471)	$	(30,489)	$	268	$	(137,692)
Other comprehensive income before reclassification adjustment	15,050		10,729				25,779
Amounts reclassified from accumulated other comprehensive income (loss)	81		—				81
Prior service cost					61		61

Net gain					15		15
Net other comprehensive income during the period	15,131		10,729		76		25,936
Balance at December 31	$	(92,340)	$	(19,760)	$	344	$	(111,756)

	2022
	Securities Available for Sale		Derivatives		Post-Retirement Obligation		Accumulated Other Comprehensive Income
	(dollars in thousands)
Balance at January 1	$	(3,317)	$	(5,546)	$	95	$	(8,768)


Other comprehensive income before reclassification adjustment	(104,152)		(24,943)				(129,095)
Amounts reclassified from accumulated other comprehensive income (loss)	(2)		—				(2)
Prior service cost					60		60
Net gain					113		113
Net other comprehensive income during the period	(104,154)		(24,943)		173		(128,924)
Balance at December 31	$	(107,471)	$	(30,489)	$	268	$	(137,692)

	2021
	Securities Available for Sale		Derivatives		Post-Retirement Obligation		Accumulated Other Comprehensive Income
	(dollars in thousands)
Balance at January 1	$	20,310	$	(2,895)	$	(182)	$	17,233


Other comprehensive income before reclassification adjustment	(23,614)		(2,651)				(26,265)
Amounts reclassified from accumulated other comprehensive income (loss)	(13)		—				(13)
Prior service cost					60		60
Net gain					217		217
Net other comprehensive income during the period	(23,627)		(2,651)		277		(26,001)
Balance at December 31	$	(3,317)	$	(5,546)	$	95	$	(8,768)