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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]        
NET INCOME $ 9,524 $ 8,630 $ 18,547 $ 15,229
SECURITIES        
Unrealized losses arising during the period, net of income taxes of $(2,077), $(3,630), $(1,442) and $(9,758), respectively (6,891) (12,701) (1,255) (34,139)
Reclassification adjustment for net losses included in net income, net of income taxes of $138, $0, $172 and $0, respectively (A) (C) [1],[2] 410 0 556 0
Total unrealized loss on investment securities (6,481) (12,701) (699) (34,139)
Amortization of unrealized losses on securities previously transferred to held to maturity, net of income taxes of $13, $0, $78, and $0, respectively (D) [3] 265 0 487 0
Total amortization of unrealized losses on investment securities 265 0 487 0
PENSION        
Amortization of pension net loss, transition liability, and prior service cost, net of income taxes of $(26), $22, $24 and $45, respectively (B) (C) [2],[4] 124 79 172 158
Unrecognized net loss, net of income taxes of $0, $0, $0 and $0, respectively (C) [2] 0 0 0 0
Total unrealized loss on pension 124 79 172 158
TOTAL OTHER COMPREHENSIVE LOSS (6,092) (12,622) (40) (33,981)
TOTAL COMPREHENSIVE INCOME (LOSS) $ 3,432 $ (3,992) $ 18,507 $ (18,752)
[1] Gross amounts are included in net gains on sales or call of securities on the Consolidated Statements of Income in total other income.
[2] Income tax amounts are included in the provision for income taxes on the Consolidated Statements of Income.
[3] Total unrealized loss remaining on investment securities held to maturity was $2,525,000 at June 30, 2023
[4] Gross amounts are included in the computation of net periodic benefit cost and are included in salaries and employee benefits on the Consolidated Statements of Income in total other expenses.