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Note 8 - Comprehensive (Loss) Income | 9 Months Ended
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Sep. 30, 2024
Notes to Financial Statements |
Comprehensive Income (Loss) Note [Text Block] | Note 8. Comprehensive (Loss) Income Total comprehensive income (loss) includes all changes in equity during a period from transactions and other events and circumstances from non-owner sources. The Company’s other comprehensive income is comprised of unrealized holding gains and losses on securities available-for-sale, unrealized gains (losses) on cash flow hedges, obligations for defined benefit pension plan and an adjustment to reflect the curtailment of the Company’s defined benefit pension plan, each net of taxes. The following table represents the reclassification out of accumulated other comprehensive (loss) for the periods presented (dollars in thousands):
Details about Accumulated Other Comprehensive Income Components |  | Amounts Reclassified from Accumulated Other Comprehensive Income |  |  | Amounts Reclassified from Accumulated Other Comprehensive Income |  | Affected Line item in the Consolidated Statements of Income
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |  |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |  |
Interest income on cash flow hedges |  | $ | 5,624 |  |  | $ | 4,793 |  |  | $ | 16,936 |  |  | $ | 13,013 |  | Borrowings and deposits expense
|  |  | (1,580 | ) |  |  | (1,442 | ) |  |  | (4,760 | ) |  |  | (3,915 | ) | Income tax expense
|  | $ | 4,044 |  |  | $ | 3,351 |  |  | $ | 12,176 |  |  | $ | 9,098 |  |
Amortization of pension plan net actuarial losses |  | $ | (43 | ) |  | $ | (74 | ) |  | $ | (129 | ) |  | $ | (222 | ) | Salaries and employee benefits
|  |  | 13 |  |  |  | 22 |  |  |  | 37 |  |  |  | 67 |  | Income tax benefit
|  | $ | (30 | ) |  | $ | (52 | ) |  | $ | (92 | ) |  | $ | (155 | ) |
Total reclassification |  | $ | 4,014 |  |  | $ | 3,299 |  |  | $ | 12,084 |  |  | $ | 8,943 |  |
Accumulated other comprehensive loss as of September 30, 2024 and December 31, 2023 consisted of the following:
|  | September 30, 2024 |  |  | December 31, 2023 |
|  | (dollars in thousands) |
Investment securities available-for-sale, net of tax |  | $ | (51,111 | ) |  | $ | (57,835 | )
Cash flow hedge, net of tax |  |  | 16,409 |  |  |  | 24,810 |
Defined benefit pension and post-retirement plans, net of tax |  |  | (2,051 | ) |  |  | (2,084 | )
Total |  | $ | (36,753 | ) |  | $ | (35,109 | )

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- 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://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
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