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Accumulated Other Comprehensive Loss | 9 Months Ended
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Sep. 30, 2020
Accumulated Other Comprehensive Loss [Abstract] |
Accumulated Other Comprehensive Loss | ‎ Note 9 – Accumulated Other Comprehensive Loss The following table presents the changes in each component of accumulated other comprehensive loss for the 12 months ended December 31, 2019, the three months ended March 31, June 30 and September 30, 2020:
(in thousands) |  | Investment ‎securities- ‎with OTTI ‎AFS |  | Investment ‎securities- ‎all other ‎AFS |  | Investment ‎securities- ‎HTM |  | Cash Flow ‎Hedge |  | Pension ‎Plan |  | SERP |  | Total
Accumulated OCL, net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance – January 1, 2019 |  | $ | (1,899) |  | $ | (3,601) |  | $ | (1,131) |  | $ | 773 |  | $ | (18,017) |  | $ | (528) |  | $ | (24,403)
Other comprehensive ‎ income/(loss) before ‎ reclassifications |  |  | (497) |  |  | 2,748 |  |  | — |  |  | (858) |  |  | (3,189) |  |  | (730) |  |  | (2,526)
Amounts reclassified from ‎ accumulated other ‎ comprehensive loss |  |  | (146) |  |  | — |  |  | 232 |  |  | — |  |  | 789 |  |  | 83 |  |  | 958
Balance – December 31, 2019 |  | $ | (2,542) |  | $ | (853) |  | $ | (899) |  | $ | (85) |  | $ | (20,417) |  | $ | (1,175) |  | $ | (25,971)
Other comprehensive ‎ income/(loss) before ‎ reclassifications |  |  | (1,188) |  |  | 1,384 |  |  | — |  |  | (963) |  |  | (5,177) |  |  | — |  |  | (5,944)
Amounts reclassified from ‎ accumulated other ‎ comprehensive loss |  |  | (37) |  |  | — |  |  | 53 |  |  | — |  |  | 262 |  |  | 34 |  |  | 312
Balance - March 31, 2020 |  | $ | (3,767) |  | $ | 531 |  | $ | (846) |  | $ | (1,048) |  | $ | (25,332) |  | $ | (1,141) |  | $ | (31,603)
Other comprehensive ‎ income/(loss) before ‎ reclassifications |  |  | (244) |  |  | 642 |  |  | — |  |  | (81) |  |  | 3,137 |  |  | — |  |  | 3,454
Amounts reclassified from ‎ accumulated other ‎ comprehensive loss |  |  | (37) |  |  | (34) |  |  | 441 |  |  | — |  |  | 262 |  |  | 34 |  |  | 666
Balance - June 30, 2020 |  | $ | (4,048) |  | $ | 1,139 |  | $ | (405) |  | $ | (1,129) |  | $ | (21,933) |  | $ | (1,107) |  | $ | (27,483)
Other comprehensive ‎ income/(loss) before ‎ reclassifications |  |  | 518 |  |  | (235) |  |  | — |  |  | 72 |  |  | 1,385 |  |  | — |  |  | 1,740
Amounts reclassified from ‎ accumulated other ‎ comprehensive loss |  |  | (37) |  |  | (421) |  |  | 54 |  |  | — |  |  | 262 |  |  | 34 |  |  | (108)
Balance - September 30, 2020 |  | $ | (3,567) |  | $ | 483 |  | $ | (351) |  | $ | (1,057) |  | $ | (20,286) |  | $ | (1,073) |  | $ | (25,851)
The following tables present the components of other comprehensive income/(loss) for the nine and three month periods ended September 30, 2020 and 2019:
Components of Other Comprehensive Income ‎(in thousands) |  | Before ‎Tax ‎Amount |  | Tax ‎(Expense) ‎Benefit |  | Net
For the nine months ended September 30, 2020 |  |  |  |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |  |  |  |
Unrealized holding losses |  | $ | (1,249) |  | $ | 335 |  | $ | (914)
Less: accretable yield recognized in income |  |  | 151 |  |  | (40) |  |  | 111
Net unrealized losses on investments with OTTI |  |  | (1,400) |  |  | 375 |  |  | (1,025)
Available for sale securities – all other: |  |  |  |  |  |  |  |  |
Unrealized holding gains |  |  | 2,446 |  |  | (655) |  |  | 1,791
Less: gains recognized in income |  |  | 622 |  |  | (167) |  |  | 455
Net unrealized gains on all other AFS securities |  |  | 1,824 |  |  | (488) |  |  | 1,336
Held to maturity securities: |  |  |  |  |  |  |  |  |
Unrealized holding gains |  |  | — |  |  | — |  |  | —
Less: gains recognized in income |  |  | 60 |  |  | (16) |  |  | 44
Less: amortization recognized in income |  |  | (809) |  |  | 217 |  |  | (592)
Net unrealized gains on HTM securities |  |  | 749 |  |  | (201) |  |  | 548
Cash flow hedges: |  |  |  |  |  |  |  |  |
Unrealized holding losses |  |  | (1,335) |  |  | 363 |  |  | (972)
Pension Plan: |  |  |  |  |  |  |  |  |
Unrealized net actuarial loss |  |  | (895) |  |  | 240 |  |  | (655)
Less: amortization of unrecognized loss |  |  | (1,074) |  |  | 288 |  |  | (786)
Net pension plan liability adjustment |  |  | 179 |  |  | (48) |  |  | 131
SERP: |  |  |  |  |  |  |  |  |
Unrealized net actuarial loss |  |  | — |  |  | — |  |  | —
Less: amortization of unrecognized loss |  |  | (141) |  |  | 38 |  |  | (103)
Less: amortization of prior service costs |  |  | 2 |  |  | (1) |  |  | 1
Net SERP liability adjustment |  |  | 139 |  |  | (37) |  |  | 102
Other comprehensive income |  | $ | 156 |  | $ | (36) |  | $ | 120
Components of Other Comprehensive Income ‎(in thousands) |  | Before ‎Tax ‎Amount |  | Tax ‎(Expense) ‎Benefit |  | Net
For the nine months ended September 30, 2019 |  |  |  |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |  |  |  |
Unrealized holding losses |  | $ | (1,401) |  | $ | 380 |  | $ | (1,021)
Less: accretable yield recognized in income |  |  | 149 |  |  | (39) |  |  | 110
Net unrealized losses on investments with OTTI |  |  | (1,550) |  |  | 419 |  |  | (1,131)
Available for sale securities – all other: |  |  |  |  |  |  |  |  |
Unrealized holding gains |  |  | 3,957 |  |  | (1,072) |  |  | 2,885
Less: gains recognized in income |  |  | 1 |  |  | — |  |  | 1
Net unrealized gains on all other AFS securities |  |  | 3,956 |  |  | (1,072) |  |  | 2,884
Held to maturity securities: |  |  |  |  |  |  |  |  |
Unrealized holding gains |  |  | — |  |  | — |  |  | —
Less: amortization recognized in income |  |  | (243) |  |  | 65 |  |  | (178)
Net unrealized gains on HTM securities |  |  | 243 |  |  | (65) |  |  | 178
Cash flow hedges: |  |  |  |  |  |  |  |  |
Unrealized holding losses |  |  | (1,427) |  |  | 387 |  |  | (1,040)
Pension Plan: |  |  |  |  |  |  |  |  |
Unrealized net actuarial gain |  |  | 3,250 |  |  | (881) |  |  | 2,369
Less: amortization of unrecognized loss |  |  | (807) |  |  | 219 |  |  | (588)
Net pension plan liability adjustment |  |  | 4,057 |  |  | (1,100) |  |  | 2,957
SERP: |  |  |  |  |  |  |  |  |
Unrealized net actuarial loss |  |  | — |  |  | — |  |  | —
Less: amortization of unrecognized loss |  |  | (87) |  |  | 23 |  |  | (64)
Less: amortization of prior service costs |  |  | 2 |  |  | — |  |  | 2
Net SERP liability adjustment |  |  | 85 |  |  | (23) |  |  | 62
Other comprehensive income |  | $ | 5,364 |  | $ | (1,454) |  | $ | 3,910
Components of Other Comprehensive Income ‎(in thousands) |  | Before ‎Tax ‎Amount |  | Tax ‎(Expense) ‎Benefit |  | Net
For the three months ended September 30, 2020 |  |  |  |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |  |  |  |
Unrealized holding gains |  | $ | 708 |  | $ | (190) |  | $ | 518
Less: accretable yield recognized in income |  |  | 50 |  |  | (13) |  |  | 37
Net unrealized gains on investments with OTTI |  |  | 658 |  |  | (177) |  |  | 481
Available for sale securities – all other: |  |  |  |  |  |  |  |  |
Unrealized holding losses |  |  | (321) |  |  | 86 |  |  | (235)
Less: gains recognized in income |  |  | 575 |  |  | (154) |  |  | 421
Net unrealized losses on all other AFS securities |  |  | (896) |  |  | 240 |  |  | (656)
Held to maturity securities: |  |  |  |  |  |  |  |  |
Unrealized holding gains |  |  | — |  |  | — |  |  | —
Less: amortization recognized in income |  |  | (74) |  |  | 20 |  |  | (54)
Net unrealized gains on HTM securities |  |  | 74 |  |  | (20) |  |  | 54
Cash flow hedges: |  |  |  |  |  |  |  |  |
Unrealized holding gains |  |  | 90 |  |  | (18) |  |  | 72
Pension Plan: |  |  |  |  |  |  |  |  |
Unrealized net actuarial gain |  |  | 1,891 |  |  | (506) |  |  | 1,385
Less: amortization of unrecognized loss |  |  | (358) |  |  | 96 |  |  | (262)
Net pension plan liability adjustment |  |  | 2,249 |  |  | (602) |  |  | 1,647
SERP: |  |  |  |  |  |  |  |  |
Unrealized net actuarial loss |  |  | — |  |  | — |  |  | —
Less: amortization of unrecognized loss |  |  | (47) |  |  | 13 |  |  | (34)
Less: amortization of prior service costs |  |  | 1 |  |  | (1) |  |  | —
Net SERP liability adjustment |  |  | 46 |  |  | (12) |  |  | 34
Other comprehensive income |  | $ | 2,221 |  | $ | (589) |  | $ | 1,632
Components of Other Comprehensive Loss ‎(in thousands) |  | Before ‎Tax ‎Amount |  | Tax ‎(Expense) ‎Benefit |  | Net
For the three months ended September 30, 2019 |  |  |  |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |  |  |  |
Unrealized holding losses |  | $ | (1,126) |  | $ | 306 |  | $ | (820)
Less: accretable yield recognized in income |  |  | 50 |  |  | (13) |  |  | 37
Net unrealized losses on investments with OTTI |  |  | (1,176) |  |  | 319 |  |  | (857)
Available for sale securities – all other: |  |  |  |  |  |  |  |  |
Unrealized holding gains |  |  | 552 |  |  | (149) |  |  | 403
Less: gains recognized in income |  |  | 1 |  |  | — |  |  | 1
Net unrealized gains on all other AFS securities |  |  | 551 |  |  | (149) |  |  | 402
Held to maturity securities: |  |  |  |  |  |  |  |  |
Unrealized holding gains |  |  | — |  |  | — |  |  | —
Less: amortization recognized in income |  |  | (82) |  |  | 22 |  |  | (60)
Net unrealized gains on HTM securities |  |  | 82 |  |  | (22) |  |  | 60
Cash flow hedges: |  |  |  |  |  |  |  |  |
Unrealized holding losses |  |  | (329) |  |  | 90 |  |  | (239)
Pension Plan: |  |  |  |  |  |  |  |  |
Unrealized net actuarial loss |  |  | (103) |  |  | 28 |  |  | (75)
Less: amortization of unrecognized loss |  |  | (269) |  |  | 73 |  |  | (196)
Net pension plan liability adjustment |  |  | 166 |  |  | (45) |  |  | 121
SERP: |  |  |  |  |  |  |  |  |
Less: amortization of unrecognized loss |  |  | (29) |  |  | 8 |  |  | (21)
Less: amortization of prior service costs |  |  | 1 |  |  | — |  |  | 1
Net SERP liability adjustment |  |  | 28 |  |  | (8) |  |  | 20
Other comprehensive loss |  | $ | (678) |  | $ | 185 |  | $ | (493)
The following table presents the details of amounts reclassified from accumulated other comprehensive loss for the nine and three month periods ended September 30, 2020 and 2019:
Amounts Reclassified from |  | Nine Months Ended |  |
Accumulated Other Comprehensive Loss |  | September 30, |  | Affected Line Item in the Statement
(in thousands) |  | 2020 |  | 2019 |  | Where Net Income is Presented
Net unrealized gains on available for sale investment securities with OTTI: |  |  |  |  |  |  |  |
Accretable yield |  |  | 151 |  |  | 149 |  | Interest income on taxable investment securities
Taxes |  |  | (40) |  |  | (39) |  | Provision for income tax expense
|  | $ | 111 |  | $ | 110 |  | Net of tax
Net unrealized gains on available for sale investment securities - all others: |  |  |  |  |  |  |  |
Gains on sales |  | $ | 622 |  | $ | 1 |  | Net gains
Taxes |  |  | (167) |  |  | — |  | Provision for income tax expense
|  | $ | 455 |  | $ | 1 |  | Net of tax
Net unrealized losses on held to maturity securities: |  |  |  |  |  |  |  |
Amortization |  | $ | (809) |  | $ | (243) |  | Interest income on taxable investment securities
Gains on calls |  |  | 60 |  |  | — |  | Net gains
Taxes |  |  | 201 |  |  | 65 |  | Provision for income tax expense
|  | $ | (548) |  | $ | (178) |  | Net of tax
Net pension plan liability adjustment: |  |  |  |  |  |  |  |
Amortization of unrecognized loss |  | $ | (1,074) |  | $ | (807) |  | Other Expense
Taxes |  |  | 288 |  |  | 219 |  | Provision for income tax expense
|  | $ | (786) |  | $ | (588) |  | Net of tax
Net SERP liability adjustment: |  |  |  |  |  |  |  |
Amortization of unrecognized loss |  | $ | (141) |  | $ | (87) |  | Other Expense
Amortization of prior service costs |  |  | 2 |  |  | 2 |  | Salaries and employee benefits
Taxes |  |  | 37 |  |  | 23 |  | Provision for income tax expense
|  | $ | (102) |  | $ | (62) |  | Net of tax
Total reclassifications for the period |  | $ | (870) |  | $ | (717) |  | Net of tax
Amounts Reclassified from |  | Three Months Ended |  |
Accumulated Other Comprehensive Loss |  | September 30, |  | Affected Line Item in the Statement
(in thousands) |  | 2020 |  | 2019 |  | Where Net Income is Presented
Net unrealized gains on available for sale investment securities with OTTI: |  |  |  |  |  |  |  |
Accretable Yield |  | $ | 50 |  | $ | 50 |  | Interest income on taxable investment securities
Taxes |  |  | (13) |  |  | (13) |  | Provision for income tax expense
|  | $ | 37 |  | $ | 37 |  | Net of tax
Net unrealized gains on available for sale investment securities - all others: |  |  |  |  |  |  |  |
Gains on sales |  | $ | 575 |  | $ | 1 |  | Net gains
Taxes |  |  | (154) |  |  | — |  | Provision for income tax expense
|  | $ | 421 |  | $ | 1 |  | Net of tax
Net unrealized losses on held to maturity securities: |  |  |  |  |  |  |  |
Amortization |  | $ | (74) |  | $ | (82) |  | Interest income on taxable investment securities
Taxes |  |  | 20 |  |  | 22 |  | Provision for income tax expense
|  | $ | (54) |  | $ | (60) |  | Net of tax
Net pension plan liability adjustment: |  |  |  |  |  |  |  |
Amortization of unrecognized loss |  | $ | (358) |  | $ | (269) |  | Other expense
Taxes |  |  | 96 |  |  | 73 |  | Provision for income tax expense
|  | $ | (262) |  | $ | (196) |  | Net of tax
Net SERP liability adjustment: |  |  |  |  |  |  |  |
Amortization of unrecognized loss |  | $ | (47) |  | $ | (29) |  | Other expense
Amortization of prior service costs |  |  | 1 |  |  | 1 |  | Salaries and employee benefits
Taxes |  |  | 12 |  |  | 8 |  | Provision for income tax expense
|  | $ | (34) |  | $ | (20) |  | Net of tax
Total reclassifications for the period |  | $ | 108 |  | $ | (238) |  | Net of tax

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
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