ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

12 Months Ended

Dec. 31, 2024

OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment and Tax [Abstract]

Schedule of Changes in Each Classification of Accumulated Other Comprehensive Income (Loss)

The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the years ended December 31, 2024 and 2023, all shown net of tax:


(dollars in thousands)	Unrealized Gains and (Losses) on Available-for-Sale Securities		Defined Benefit Pension Items		Total
Balance at January 1, 2024	$	(154,460)	$	(735)	$	(155,195)
Other comprehensive income (loss) before reclassification	(13,058)		121		(12,937)
Amounts reclassified from accumulated other comprehensive income (loss)	1,586		46		1,632
Net current period other comprehensive income (loss)	(11,472)		167		(11,305)
Balance at December 31, 2024	$	(165,932)	$	(568)	$	(166,500)


(dollars in thousands)	Unrealized Gains and (Losses) on Available-for-Sale Securities		Defined Benefit Pension Items		Total
Balance at January 1, 2023	$	(188,154)	$	(769)	$	(188,923)
Other comprehensive income (loss) before reclassification	32,105		(10)		32,095
Amounts reclassified from accumulated other comprehensive income (loss)	1,589		44		1,633
Net current period other comprehensive income (loss)	33,694		34		33,728
Balance at December 31, 2023	$	(154,460)	$	(735)	$	(155,195)

Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

Reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2024, 2023 and 2022 are as follows:


Details about Accumulated Other Comprehensive Income Components	Amount Reclassified From Accumulated Other Comprehensive Income (Loss)		Affected Line Item in the Statement Where Net Income is Presented
2024
(dollars in thousands)
Amortization of unrealized losses on held-to-maturity securities	$	(1,962)	Interest income
Realized gains and (losses) on available-for-sale securities	(46)		Net securities gains (losses)
Tax effect	422		Income tax expense
Subtotal	(1,586)		Net of tax
Amortization of defined benefit pension items(1)	(62)		Salaries and employee benefits
Tax effect	16		Income tax expense
Subtotal	(46)		Net of tax
Total reclassifications for the period	$	(1,632)	Net income


2023
(dollars in thousands)
Amortization of unrealized losses on held-to-maturity securities	$	(1,987)	Interest income
Realized gains and (losses) on available-for-sale securities	(25)		Net securities gains (losses)
Tax effect	423		Income tax expense
Subtotal	(1,589)		Net of tax
Amortization of defined benefit pension items(1)	(59)		Salaries and employee benefits
Tax effect	15		Income tax expense
Subtotal	(44)		Net of tax
Total reclassifications for the period	$	(1,633)	Net income


2022
(dollars in thousands)
Amortization of unrealized losses on held-to-maturity securities	$	(1,518)	Interest income
Realized gains and (losses) on available-for-sale securities	21		Net securities gains (losses)
Tax effect	315		Income tax expense
Subtotal	(1,182)		Net of tax
Amortization of defined benefit pension items(1)	(144)		Salaries and employee benefits
Tax effect	36		Income tax expense
Subtotal	(108)		Net of tax
Total reclassifications for the period	$	(1,290)	Net income

(1)Included in the computation of net pension plan expense as more fully discussed in Note 10 – Pension and Other Postretirement Plans.