XML 52 R42.htm IDEA: XBRL DOCUMENT v3.23.3
Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 30, 2023
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Schedule of Other Comprehensive Loss

The following tables represent the details of other comprehensive loss for the three and nine month periods ended September 30, 2023 and 2022.

Other Comprehensive Income (Loss):

 

 

Three Months Ended September 30, 2023

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding losses on available-for-sale securities during the period

$

(75,679

)

 

$

15,893

 

 

$

(59,786

)

Reclassification adjustment for losses realized in income on sales (1)

 

618

 

 

 

(130

)

 

 

488

 

Reclassification adjustment for gain realized in income on fair value hedge

 

776

 

 

 

(163

)

 

 

613

 

Net other comprehensive (loss)

$

(74,285

)

 

$

15,600

 

 

$

(58,685

)

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2022

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding losses on available-for-sale securities during the period

$

(83,980

)

 

$

17,636

 

 

$

(66,344

)

Reclassification adjustment for gains included in net income (1)

 

5

 

 

 

(1

)

 

 

4

 

Net unrealized losses on available-for-sale securities

$

(83,975

)

 

$

17,635

 

 

$

(66,340

)

Change in funded status of post-retirement health plan

 

(2

)

 

 

0

 

 

 

(2

)

Net other comprehensive (loss)

$

(83,977

)

 

$

17,635

 

 

$

(66,342

)

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2023

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding losses on available-for-sale securities during the period

$

(54,088

)

 

$

11,359

 

 

$

(42,729

)

Reclassification adjustment for losses realized in income on sales (1)

 

498

 

 

$

(105

)

 

 

393

 

Reclassification adjustment for gain realized in income on fair value hedge

 

776

 

 

$

(163

)

 

 

613

 

Net other comprehensive (loss)

$

(52,814

)

 

$

11,091

 

 

$

(41,723

)

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2022

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding losses on available-for-sale securities during the period

$

(301,874

)

 

$

63,394

 

 

$

(238,480

)

Reclassification adjustment for gains included in net income (1)

 

36

 

 

 

(8

)

 

 

28

 

Net unrealized losses on available-for-sale securities

$

(301,838

)

 

$

63,386

 

 

$

(238,452

)

Change in funded status of post-retirement health plan

 

(6

)

 

 

1

 

 

 

(5

)

Net other comprehensive (loss)

$

(301,844

)

 

$

63,387

 

 

$

(238,457

)

 

Pre-tax reclassification adjustments relating to available-for-sale securities are reported in security gains and the tax impact is included in income tax expense on the consolidated statements of income.