Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2020

2. Other comprehensive income (loss):

The components of other comprehensive income (loss) and their related tax effects are reported in the consolidated statements of income and comprehensive income. The accumulated other comprehensive income (loss) included in the Consolidated Balance Sheets relates to net unrealized gains and losses on investment securities available-for-sale, benefit plan adjustments and adjustments to derivative fair values.

The components of accumulated other comprehensive income (loss) included in stockholders’ equity at March 31, 2020 and December 31, 2019 are as follows:


		March 31, 2020		December 31, 2019
Net unrealized gain on investment securities available-for-sale	$	9,197	$	1,835
Income tax		1,932		385
Net of income taxes		7,265		1,450
Benefit plan adjustments		(6,579)		(6,579)
Income tax		(1,382)		(1,382)
Net of income taxes		(5,197)		(5,197)
Derivative adjustments		1,723		687
Income tax		363		144
Net of income taxes		1,360		543
Accumulated other comprehensive income (loss)	$	3,428	$	(3,205)