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Accumulated Other Comprehensive Loss (Tables) | 3 Months Ended
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Mar. 31, 2022
Accumulated Other Comprehensive Loss [Abstract] |
Schedule of Accumulated Other Comprehensive Loss | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Investment | ​ | Investment | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | securities- | ​ | securities- | ​ | Investment | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | with OTTI | ​ | all other | ​ | securities- | ​ | Cash Flow | ​ | Pension | ​ | ​ | ​ | ​
(in thousands) |  | AFS |  | AFS |  | HTM |  | Hedge |  | Plan |  | SERP |  | Total
Accumulated OCL, net: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance - January 1, 2021 | ​ | $ | (3,277) | ​ | $ | (25) | ​ | $ | (315) | ​ | $ | (954) | ​ | $ | (22,630) | ​ | $ | (1,662) | ​ | $ | (28,863)
Other comprehensive income/(loss) before reclassifications | ​ | ​ | 2,475 | ​ | ​ | (5,611) | ​ | ​ | — | ​ | ​ | 635 | ​ | ​ | 3,431 | ​ | ​ | (521) | ​ | ​ | 409
Amounts reclassified from accumulated other comprehensive loss | ​ | ​ | (147) | ​ | ​ | (113) | ​ | ​ | 181 | ​ | ​ | — | ​ | ​ | 1,091 | ​ | ​ | 128 | ​ | ​ | 1,140
Balance - December 31, 2021 | ​ | $ | (949) | ​ | $ | (5,749) | ​ | $ | (134) | ​ | $ | (319) | ​ | $ | (18,108) | ​ | $ | (2,055) | ​ | $ | (27,314)
Other comprehensive income/(loss) before reclassifications | ​ | ​ | 103 | ​ | ​ | (1,843) | ​ | ​ | (6,100) | ​ | ​ | 614 | ​ | ​ | (2,651) | ​ | ​ | — | ​ | ​ | (9,877)
Amounts reclassified from accumulated other comprehensive loss | ​ | ​ | (37) | ​ | ​ | (2) | ​ | ​ | 69 | ​ | ​ | — | ​ | ​ | 204 | ​ | ​ | 50 | ​ | ​ | 284
Balance - March 31, 2022 | ​ | $ | (883) | ​ | $ | (7,594) | ​ | $ | (6,165) | ​ | $ | 295 | ​ | $ | (20,555) | ​ | $ | (2,005) | ​ | $ | (36,907)
Components of Comprehensive Income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Before | ​ | Tax | ​ | ​
Components of Other Comprehensive Loss | ​ | Tax | ​ | (Expense) | ​ | ​
(in thousands) |  | Amount |  | Benefit |  | Net
For the three months ended March 31, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Available for sale (AFS) securities with OTTI: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized holding gains | ​ | $ | 141 | ​ | $ | (38) | ​ | $ | 103
Less: accretable yield recognized in income | ​ | ​ | 50 | ​ | ​ | (13) | ​ | ​ | 37
Net unrealized gains on investments with OTTI | ​ | ​ | 91 | ​ | ​ | (25) | ​ | ​ | 66
Available for sale securities – all other: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized holding losses | ​ | ​ | (10,844) | ​ | ​ | 2,901 | ​ | ​ | (7,943)
Unrealized holding losses on securities transferred from available for sale to held to maturity | ​ | ​ | 8,328 | ​ | ​ | (2,228) | ​ | ​ | 6,100
Less: gains recognized in income | ​ | ​ | 3 | ​ | ​ | (1) | ​ | ​ | 2
Net unrealized losses on all other AFS securities | ​ | ​ | (2,519) | ​ | ​ | 674 | ​ | ​ | (1,845)
Held to maturity securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized holding losses on securities transferred to held to maturity | ​ | ​ | (8,328) | ​ | ​ | 2,228 | ​ | ​ | (6,100)
Less: amortization recognized in income | ​ | ​ | (94) | ​ | ​ | 25 | ​ | ​ | (69)
Net unrealized losses on HTM securities | ​ | ​ | (8,234) | ​ | ​ | 2,203 | ​ | ​ | (6,031)
Cash flow hedges: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized holding gains | ​ | ​ | 839 | ​ | ​ | (225) | ​ | ​ | 614
Pension Plan: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized net actuarial loss | ​ | ​ | (3,620) | ​ | ​ | 969 | ​ | ​ | (2,651)
Less: amortization of unrecognized loss | ​ | ​ | (279) | ​ | ​ | 75 | ​ | ​ | (204)
Net pension plan liability adjustment | ​ | ​ | (3,341) | ​ | ​ | 894 | ​ | ​ | (2,447)
SERP: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Less: amortization of unrecognized loss | ​ | ​ | (68) | ​ | ​ | 18 | ​ | ​ | (50)
Less: amortization of prior service costs | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Net SERP liability adjustment | ​ | ​ | 68 | ​ | ​ | (18) | ​ | ​ | 50
Other comprehensive loss | ​ | $ | (13,096) | ​ | $ | 3,503 | ​ | $ | (9,593)
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Before | ​ | Tax | ​ | ​
Components of Other Comprehensive Loss | ​ | Tax | ​ | (Expense) | ​ | ​
(in thousands) |  | Amount |  | Benefit |  | Net
For the three months ended March 31, 2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Available for sale (AFS) securities with OTTI: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized holding gains | ​ | $ | 363 | ​ | $ | (97) | ​ | $ | 266
Less: accretable yield recognized in income | ​ | ​ | 50 | ​ | ​ | (13) | ​ | ​ | 37
Net unrealized gains on investments with OTTI | ​ | ​ | 313 | ​ | ​ | (84) | ​ | ​ | 229
Available for sale securities – all other: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized holding losses | ​ | ​ | (7,105) | ​ | ​ | 1,903 | ​ | ​ | (5,202)
Less: gains recognized in income | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Net unrealized gains on all other AFS securities | ​ | ​ | (7,105) | ​ | ​ | 1,903 | ​ | ​ | (5,202)
Held to maturity securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized holding gains | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Less: amortization recognized in income | ​ | ​ | (61) | ​ | ​ | 16 | ​ | ​ | (45)
Net unrealized gains on HTM securities | ​ | ​ | 61 | ​ | ​ | (16) | ​ | ​ | 45
Cash flow hedges: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized holding gains | ​ | ​ | 532 | ​ | ​ | (127) | ​ | ​ | 405
Pension Plan: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized net actuarial loss | ​ | ​ | (190) | ​ | ​ | 51 | ​ | ​ | (139)
Less: amortization of unrecognized loss | ​ | ​ | (372) | ​ | ​ | 100 | ​ | ​ | (272)
Net pension plan liability adjustment | ​ | ​ | 182 | ​ | ​ | (49) | ​ | ​ | 133
SERP: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Less: amortization of unrecognized loss | ​ | ​ | (75) | ​ | ​ | 19 | ​ | ​ | (56)
Less: amortization of prior service costs | ​ | ​ | 1 | ​ | ​ | — | ​ | ​ | 1
Net SERP liability adjustment | ​ | ​ | 74 | ​ | ​ | (19) | ​ | ​ | 55
Other comprehensive loss | ​ | $ | (5,943) | ​ | $ | 1,608 | ​ | $ | (4,335)
​ ​
Reclassification out of Accumulated Other Comprehensive Income | The following table presents the details of amounts reclassified from accumulated other comprehensive loss for the three month periods ended March 31, 2022 and 2021:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Amounts Reclassified from | ​ | Three Months Ended | ​ | ​
Accumulated Other Comprehensive Loss | ​ | March 31, | ​ | Affected Line Item in the Statement
(in thousands) |  | 2022 |  | 2021 |  | 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 recognized | ​ | $ | 3 | ​ | $ | — | ​ | Net gains
Taxes | ​ | ​ | (1) | ​ | ​ | — | ​ | Provision for income tax expense
​ | ​ | $ | 2 | ​ | $ | — | ​ | Net of tax
Net unrealized losses on held to maturity securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Amortization | ​ | $ | (94) | ​ | $ | (61) | ​ | Interest income on taxable investment securities
Taxes | ​ | ​ | 25 | ​ | ​ | 16 | ​ | Provision for income tax expense
​ | ​ | $ | (69) | ​ | $ | (45) | ​ | Net of tax
Net pension plan liability adjustment: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Amortization of unrecognized loss | ​ | $ | (279) | ​ | $ | (372) | ​ | Other Expense
Taxes | ​ | ​ | 75 | ​ | ​ | 100 | ​ | Provision for income tax expense
​ | ​ | $ | (204) | ​ | $ | (272) | ​ | Net of tax
Net SERP liability adjustment: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Amortization of unrecognized loss | ​ | $ | (68) | ​ | $ | (75) | ​ | Other Expense
Amortization of prior service costs | ​ | ​ | — | ​ | ​ | 1 | ​ | Salaries and employee benefits
Taxes | ​ | ​ | 18 | ​ | ​ | 19 | ​ | Provision for income tax expense
​ | ​ | $ | (50) | ​ | $ | (55) | ​ | Net of tax
Total reclassifications for the period | ​ | $ | (284) | ​ | $ | (335) | ​ | Net of tax

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