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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 9 Months Ended
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Sep. 30, 2023
OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment and Tax [Abstract] |
Schedule of Changes in Accumulated Other Comprehensive Income (loss) | The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the three months ended September 30, 2023 and 2022, all shown net of tax:
(dollars in thousands) |  | Unrealized Gains and Losses on Available- for-Sales Securities |  | Defined Benefit Pension Items |  | Total
Balance at July 1, 2023 |  | $ | (176,898) |  |  | $ | (747) |  |  | $ | (177,645) |
Other comprehensive income (loss) before reclassification |  | (50,900) |  |  | 0 |  |  | (50,900) |
Amounts reclassified from accumulated other comprehensive income (loss) |  | 423 |  |  | 11 |  |  | 434 |
Net current period other comprehensive income (loss) |  | (50,477) |  |  | 11 |  |  | (50,466) |
Balance at September 30, 2023 |  | $ | (227,375) |  |  | $ | (736) |  |  | $ | (228,111) |
(dollars in thousands) |  | Unrealized Gains and Losses on Available- for-Sales Securities |  | Defined Benefit Pension Items |  | Total
Balance at July 1, 2022 |  | $ | (157,625) |  |  | $ | (909) |  |  | $ | (158,534) |
Other comprehensive income (loss) before reclassification |  | (63,620) |  |  | 0 |  |  | (63,620) |
Amounts reclassified from accumulated other comprehensive income (loss) |  | 398 |  |  | 27 |  |  | 425 |
Net current period other comprehensive income (loss) |  | (63,222) |  |  | 27 |  |  | (63,195) |
Balance at September 30, 2022 |  | $ | (220,847) |  |  | $ | (882) |  |  | $ | (221,729) |
The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the nine months ended September 30, 2023 and 2022, all shown net of tax:
(dollars in thousands) |  | Unrealized Gains and Losses on Available- for-Sales Securities |  | Defined Benefit Pension Items |  | Total
Balance at January 1, 2023 |  | $ | (188,154) |  |  | $ | (769) |  |  | $ | (188,923) |
Other comprehensive income (loss) before reclassification |  | (40,407) |  |  | 0 |  |  | (40,407) |
Amounts reclassified from accumulated other comprehensive income (loss) |  | 1,186 |  |  | 33 |  |  | 1,219 |
Net current period other comprehensive income (loss) |  | (39,221) |  |  | 33 |  |  | (39,188) |
Balance at September 30, 2023 |  | $ | (227,375) |  |  | $ | (736) |  |  | $ | (228,111) |
(dollars in thousands) |  | Unrealized Gains and Losses on Available- for-Sales Securities |  | Defined Benefit Pension Items |  | Total
Balance at January 1, 2022 |  | $ | 17,056 |  |  | $ | (963) |  |  | $ | 16,093 |
Other comprehensive income (loss) before reclassification |  | (238,689) |  |  | 0 |  |  | (238,689) |
Amounts reclassified from accumulated other comprehensive income (loss) |  | 786 |  |  | 81 |  |  | 867 |
Net current period other comprehensive income (loss) |  | (237,903) |  |  | 81 |  |  | (237,822) |
Balance at September 30, 2022 |  | $ | (220,847) |  |  | $ | (882) |  |  | $ | (221,729) |
Schedule of Reclassification Accumulated Other Comprehensive Income (loss) | Reclassifications out of other accumulated other comprehensive income (loss) for the three months ended September 30, 2023 are as follows:
Details about Accumulated Other Comprehensive Income (Loss) Components |  | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) |  | Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands) |  |  |  |
Amortization of unrealized losses on held-to-maturity securities |  | $ | (501) |  |  | Interest income
Realized gains and (losses) on available-for-sale securities |  | (35) |  |  | Net securities gains (losses)
Tax effect |  | 113 |  |  | Income tax expense
|  | (423) |  |  | Net of tax
Amortization of defined benefit pension items |  | (15) |  |  | Other expense
Tax effect |  | 4 |  |  | Income tax expense
|  | (11) |  |  | Net of tax
Total reclassifications for the period |  | $ | (434) |  |  | Net income
Reclassifications out of other accumulated comprehensive income (loss) for the three months ended September 30, 2022 are as follows:
Details about Accumulated Other Comprehensive Income (Loss) Components |  | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) |  | Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands) |  |  |  |
Amortization of unrealized losses on held-to-maturity securities |  | $ | (504) |  |  | Interest income
Tax effect |  | 106 |  |  | Income tax expense
|  | (398) |  |  | Net of tax
Amortization of defined benefit pension items |  | (36) |  |  | Other expense
Tax effect |  | 9 |  |  | Income tax expense
|  | (27) |  |  | Net of tax
Total reclassifications for the period |  | $ | (425) |  |  | Net income
Reclassifications out of accumulated comprehensive income (loss) for the nine months ended September 30, 2023 are as follows:
Details about Accumulated Other Comprehensive Income (Loss) Components |  | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) |  | Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands) |  |  |  |
Amortization of unrealized losses on held-to-maturity securities |  | $ | (1,486) |  |  | Interest income
Realized gains and (losses) on available-for-sale securities |  | (16) |  |  | Net securities gains (losses)
Tax effect |  | 316 |  |  | Income tax expense
|  | (1,186) |  |  | Net of tax
Amortization of defined benefit pension items |  | (45) |  |  | Other expense
Tax effect |  | 12 |  |  | Income tax expense
|  | (33) |  |  | Net of tax
Total reclassifications for the period |  | $ | (1,219) |  |  | Net income
Reclassifications out of accumulated other comprehensive income (loss) for the nine months ended September 30, 2022 are as follows:
Details about Accumulated Other Comprehensive Income (Loss) Components |  | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) |  | Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands) |  |  |  |
Amortization of unrealized losses on held-to-maturity securities |  | $ | (995) |  |  | Interest income
Tax effect |  | 209 |  |  | Income tax expense
|  | (786) |  |  | Net of tax
Amortization of defined benefit pension items |  | (108) |  |  | Other expense
Tax effect |  | 27 |  |  | Income tax expense
|  | (81) |  |  | Net of tax
Total reclassifications for the period |  | $ | (867) |  |  | Net income

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