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Comprehensive Income (Tables) | 3 Months Ended
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Mar. 31, 2024
Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Comprehensive Income | The following table presents the components of other comprehensive income for the three month periods ended March 31, 2024 and 2023:
Schedule of Comprehensive Income
| Three Months Ended March 31 |  |
|  |  | Tax |  |  |  |  |  |  |  |
| Before-Tax |  | Benefit |  | Net-of-Tax |  |  |  |  |  |
| Amount |  | (Expense) |  | Amount |  |  |  |  |  |
2024 |  |  |  |  |  |  |  |  |  |  |
Net Unrealized Securities Holding Loss on Securities Available-for-Sale Arising During the Period | $ | (2,062) |  |  | $ | 532 |  |  | $ | (1,530) |  |  |  |  |  |  |
Net Unrealized Gain on Cash Flow Swap | 3,221 |  |  | (831) |  |  | 2,390 |  |  |  |  |  |  |
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense | (213) |  |  | 55 |  |  | (158) |  |  |  |  |  |  |
Amortization of Net Retirement Plan Actuarial Gain | (66) |  |  | 16 |  |  | (50) |  |  |  |  |  |  |
Amortization of Net Retirement Plan Prior Service Cost | 69 |  |  | (19) |  |  | 50 |  |  |  |  |  |  |
Other Comprehensive Income | $ | 949 |  |  | $ | (247) |  |  | $ | 702 |  |  |  |  |  |  |
2023 |  |  |  |  |  |  |  |  |  |  |
Net Unrealized Securities Holding Gain on Securities Available-for-Sale Arising During the Period | $ | 8,219 |  |  | $ | (2,120) |  |  | $ | 6,099 |  |  |  |  |  |  |
Net Unrealized Loss on Cash Flow Swap | (800) |  |  | 207 |  |  | (593) |  |  |  |  |  |  |
Reclassification of Net Unrealized Loss on Cash Flow Hedge Agreements to Interest Expense | 198 |  |  | (51) |  |  | 147 |  |  |  |  |  |  |
Amortization of Net Retirement Plan Actuarial Gain | (25) |  |  | 7 |  |  | (18) |  |  |  |  |  |  |
Amortization of Net Retirement Plan Prior Service Cost | 52 |  |  | (15) |  |  | 37 |  |  |  |  |  |  |
Other Comprehensive Income | $ | 7,644 |  |  | $ | (1,972) |  |  | $ | 5,672 |  |  |  |  |  |  |
Changes in Accumulated Other Comprehensive Income By Component | The following table presents the changes in accumulated other comprehensive (loss) income by component:
Changes in Accumulated Other Comprehensive (Loss) Income by Component (1)
| Unrealized Loss on Available-for-Sale Securities |  | Unrealized Gain on Cash Flow Swap |  | Defined Benefit Plan Items |  | Total
|  |  | Net Actuarial Loss |  | Net Prior Service Cost |
For the quarter-to-date periods ended: |  |  |  |  |  |  |  |  |
December 31, 2023 | $ | (31,648) |  |  | $ | 1,711 |  |  | $ | (2,839) |  |  | $ | (640) |  |  | $ | (33,416) |
Other comprehensive income or loss before reclassifications | (1,530) |  |  | 2,390 |  |  | — |  |  | — |  |  | 860 |
Amounts reclassified from accumulated other comprehensive income or loss | — |  |  | (158) |  |  | (50) |  |  | 50 |  |  | (158) |
Net current-period other comprehensive income or loss | (1,530) |  |  | 2,232 |  |  | (50) |  |  | 50 |  |  | 702 |
March 31, 2024 | $ | (33,178) |  |  | $ | 3,943 |  |  | $ | (2,889) |  |  | $ | (590) |  |  | $ | (32,714) |
December 31, 2022 | $ | (48,841) |  |  | $ | 4,054 |  |  | $ | (4,467) |  |  | $ | (401) |  |  | $ | (49,655) |
Other comprehensive income or loss before reclassifications | 6,099 |  |  | (593) |  |  | — |  |  | — |  |  | 5,506 |
Amounts reclassified from accumulated other comprehensive income or loss | — |  |  | 147 |  |  | (18) |  |  | 37 |  |  | 166 |
Net current-period other comprehensive income or loss | 6,099 |  |  | (446) |  |  | (18) |  |  | 37 |  |  | 5,672 |
March 31, 2023 | $ | (42,742) |  |  | $ | 3,608 |  |  | $ | (4,485) |  |  | $ | (364) |  |  | $ | (43,983) |
(1) All amounts are net of tax.
Reclassification out of Accumulated Other Comprehensive Income | The following table presents the reclassifications out of accumulated other comprehensive income or loss:
Reclassifications Out of Accumulated Other Comprehensive Income or Loss
Details about Accumulated Other Comprehensive Income or Loss Components |  | Amounts Reclassified from Accumulated Other Comprehensive Income or Loss |  | Affected Line Item in the Statement Where Net Income Is Presented
For the quarter-to-date periods ended: |  |  |  |
March 31, 2024 |  |  |  |
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense |  | $ | 213 |  |  | Interest expense
Amortization of defined benefit pension items: |  |  |  |
Prior-service costs |  | (69) |  | (1) | Salaries and Employee Benefits
Actuarial gain |  | 66 |  | (1) | Salaries and Employee Benefits
|  | 210 |  |  | Total before Tax
|  | (52) |  |  | Provision for Income Taxes
Total reclassifications for the period |  | $ | 158 |  |  | Net of Tax
March 31, 2023 |  |  |  |
Reclassification of Net Unrealized Loss on Cash Flow Hedge Agreements to Interest Expense |  | $ | (198) |  |  | Interest expense
Amortization of defined benefit pension items: |  |  |  |
Prior-service costs |  | $ | (52) |  | (1) | Salaries and Employee Benefits
Actuarial gain |  | 25 |  | (1) | Salaries and Employee Benefits
|  | (225) |  |  | Total before Tax
|  | 59 |  |  | Provision for Income Taxes
Total reclassifications for the period |  | $ | (166) |  |  | Net of Tax
(1) These accumulated other comprehensive gain or loss components are included in the computation of net periodic pension cost.

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