XML 33 R22.htm IDEA: XBRL DOCUMENT
v3.22.2

Comprehensive Income (Loss) | 6 Months Ended
--- | ---
Jun. 30, 2022
Equity [Abstract] |
Comprehensive Income (Loss) | Comprehensive Income (Loss) Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the equity section of the balance sheet identified as accumulated other comprehensive income (AOCI), such items, along with net income, are components of other comprehensive income (loss) (OCI). The components of other comprehensive income (loss) and related tax effects are as follows:
| Three months ended June 30, |  | Six months ended June 30, 2022
(in thousands) | 2022 |  | 2021 |  | 2022 |  | 2021
Unrealized holding losses (gains) on available for sale securities before reclassifications | $ | (97,408) |  |  | $ | 7,392 |  |  | $ | (208,710) |  |  | $ | (4,945) |
Amounts reclassified out of AOCI: |  |  |  |  |  |  |
Realized gains on debt securities | — |  |  | — |  |  | — |  |  | — |
Unrealized holding losses (gains) on available for sale securities after reclassifications | (97,408) |  |  | 7,392 |  |  | (208,710) |  |  | (4,945) |
Tax effect | 28,797 |  |  | (2,186) |  |  | 61,702 |  |  | 1,461 |
Unrealized holding losses (gains) on available for sale securities, net of tax | (68,611) |  |  | 5,206 |  |  | (147,008) |  |  | (3,484) |
Change in unfunded status of the supplemental retirement plans before reclassifications | 5 |  |  | (49) |  |  | 92 |  |  | (98) |
Amounts reclassified out of AOCI: |  |  |  |  |  |  |
Amortization of prior service cost | (7) |  |  | (15) |  |  | (14) |  |  | (29) |
Amortization of actuarial losses | 2 |  |  | 64 |  |  | 4 |  |  | 127 |
Total amounts reclassified out of accumulated other comprehensive (loss) income | (5) |  |  | 49 |  |  | (10) |  |  | 98 |
Change in unfunded status of the supplemental retirement plans after reclassifications | — |  |  | — |  |  | 82 |  |  | — |
Tax effect |  |  | — |  |  | (24) |  |  | — |
Change in unfunded status of the supplemental retirement plans, net of tax | — |  |  | — |  |  | 58 |  |  | — |
Change in joint beneficiary agreement liability before reclassifications | — |  |  | — |  |  | — |  |  | (629) |
Tax effect | — |  |  | — |  |  | — |  |  | — |
Change in joint beneficiary agreement liability before reclassifications, net of tax | — |  |  | — |  |  | — |  |  | (629) |
Total other comprehensive (loss) income | $ | (68,611) |  |  | $ | 5,206 |  |  | $ | (146,950) |  |  | $ | (4,113) |
The components of accumulated other comprehensive income, included in shareholders’ equity, are as follows:
(in thousands) | June 30, 2022 |  | December 31, 2021
Net unrealized loss on available for sale securities | $ | (208,710) |  |  | $ | (392) |
Tax effect | 61,426 |  |  | 116 |
Unrealized holding loss on available for sale securities, net of tax | (147,284) |  |  | (276) |
Unfunded status of the supplemental retirement plans | 2,481 |  |  | 2,399 |
Tax effect | (733) |  |  | (709) |
Unfunded status of the supplemental retirement plans, net of tax | 1,748 |  |  | 1,690 |
Joint beneficiary agreement liability | (433) |  |  | (433) |
Tax effect | — |  |  | — |
Joint beneficiary agreement liability, net of tax | (433) |  |  | (433) |
Accumulated other comprehensive (loss) income | $ | (145,969) |  |  | $ | 981 |

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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