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Accumulated Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2020
Accumulated Comprehensive Income (Loss) [Abstract]  
Changes in Accumulated Other Comprehensive Loss by Component, Net of Tax

The following tables present the changes in accumulated other comprehensive income (loss) by component, net of tax, for the three and six months ended June 30, 2020 and 2019 (in thousands):

 
Six months ended June 30, 2020
 
   
Unrealized gain
(loss) on available
for sale securities (a)
   
Defined Benefit
Pension Items (a)
   
Unrealized loss on
interest rate swap (a)
   
Total
 
Balance as of December 31, 2019
 
$
2,290
   
$
(2,919
)
 
$
-
   
$
(629
)
Other comprehensive income (loss) before reclassifications (net of tax)
   
3,740
     
-
     
(446
)
   
3,294
 
Amounts reclassified from accumulated other comprehensive income (loss) (net of tax)
   
(92
)
   
334
     
-
     
242
 
Net current period other comprehensive income (loss)
   
3,648
     
334
     
(446
)
   
3,536
 
Balance as of June 30, 2020
 
$
5,938
   
$
(2,585
)
 
$
(446
)
 
$
2,907
 

 
Six months ended June 30, 2019
 
   
Unrealized gain
(loss) on available
for sale securities (a)
   
Defined Benefit
Pension Items (a)
   
Unrealized loss on
interest rate swap (a)
   
Total
 
Balance as of December 31, 2018
 
$
(973
)
 
$
(2,948
)
 
$
-
   
$
(3,921
)
Other comprehensive income (loss) before reclassifications (net of tax)
   
3,488
     
-
     
-
     
3,488
 
Amounts reclassified from accumulated other comprehensive income (loss) (net of tax)
   
-
     
96
     
-
     
96
 
Net current period other comprehensive income (loss)
   
3,488
     
96
     
-
     
3,584
 
Balance as of June 30, 2019
 
$
2,515
   
$
(2,852
)
 
$
-
   
$
(337
)

 
Three months ended June 30, 2020
 
   
Unrealized gain
(loss) on available
for sale securities (a)
   
Defined Benefit
Pension Items (a)
   
Unrealized loss on
interest rate swap (a)
   
Total
 
Balance as of March 31, 2020
 
$
5,714
   
$
(2,796
)
 
$
-
   
$
2,918
 
Other comprehensive income (loss) before reclassifications (net of tax)
   
316
     
-
     
(446
)
   
(130
)
Amounts reclassified from accumulated other comprehensive income (loss) (net of tax)
   
(92
)
   
211
     
-
     
119
 
Net current period other comprehensive income (loss)
   
224
     
211
     
(446
)
   
(11
)
Balance as of June 30, 2020
 
$
5,938
   
$
(2,585
)
 
$
(446
)
 
$
2,907
 

 
Three months ended June 30, 2019
 
   
Unrealized gain
(loss) on available
for sale securities (a)
   
Defined Benefit
Pension Items (a)
   
Unrealized loss on
interest rate swap (a)
   
Total
 
Balance as of March 31, 2019
 
$
75
   
$
(2,900
)
 
$
-
   
$
(2,825
)
Other comprehensive income (loss) before reclassifications (net of tax)
   
2,440
     
-
     
-
     
2,440
 
Amounts reclassified from accumulated other comprehensive income (loss) (net of tax)
   
-
     
48
     
-
     
48
 
Net current period other comprehensive income (loss)
   
2,440
     
48
     
-
     
2,488
 
Balance as of June 30, 2019
 
$
2,515
   
$
(2,852
)
 
$
-
   
$
(337
)

(a) Amounts in parentheses indicate debits on the Consolidated Balance Sheet.
Significant Amounts Reclassified Out of Each Component of Accumulated Other Comprehensive Income

The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2020 and 2019 (in thousands):

Details about accumulated other comprehensive income (loss)
 
Amount reclassified from
accumulated comprehensive
income (loss) (a)
 
Affected line item in the Consolidated Statement of
 Income
 
 
Three Months Ended June 30, 2020
 
 
 
 
2020
   
2019
 
 
Unrealized gains and losses on available for sale securities
           
     
   
$
117
   
$
-
 
Available for sale securities gains, net
     
(25
)
   
-
 
Provision for income taxes
   
$
92
   
$
-
 
Net of tax
                      
Defined benefit pension items
                   
 
 
$
(267
)
 
$
(62
)
Other expenses
 
   
56
     
14
 
Provision for income taxes
 
 
$
(211
)
 
$
(48
)
Net of tax
                      
Total reclassifications
 
$
(119
)
 
$
(48
)
 

 
 
Six Months Ended June 30,
 
 
 
 
2020
   
2019
 
 
Unrealized gains and losses on available for sale securities
           
     
   
$
117
   
$
-
 
Available for sale securities gains, net
     
(25
)
   
-
 
Provision for income taxes
   
$
92
   
$
-
 
Net of tax
                      
Defined benefit pension items
                   
 
 
$
(423
)
 
$
(123
)
Other expenses
 
   
89
     
27
 
Provision for income taxes
 
 
$
(334
)
 
$
(96
)
Net of tax
                      
Total reclassifications
 
$
(242
)
 
$
(96
)
 

(a) Amounts in parentheses indicate expenses and other amounts indicate income on the Consolidated Statement of Income