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Accumulated Other Comprehensive (Loss) Income (Tables) | 3 Months Ended
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Mar. 31, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Changes in the Components of Accumulated Other Comprehensive Income (Loss), Net of Tax | Changes in the components of accumulated other comprehensive (loss) income (“AOCI”), net of tax, for the periods indicated are summarized in the tables below.
|  | For the three months ended March 31, 2023 |
(In thousands) |  | Retirement Plans |  |  | Unrealized Loss on Available-for- Sale Securities |  |  | Unrealized Loss on Derivatives and Hedging Activities |  |  | Unrealized Gain on Securities Transferred to Held-to-Maturity |  |  | Total |
Beginning balance |  | $ | (2,427 | ) |  | $ | (10,127 | ) |  | $ | 382 |  |  | $ | - |  |  | $ | (12,172 | )
Other comprehensive (loss) income before reclassifications |  |  | - |  |  |  | (376 | ) |  |  | (455 | ) |  |  | - |  |  |  | (831 | )
Amounts reclassified from AOCI |  |  | 41 |  |  |  | 1,428 |  |  |  | - |  |  |  | - |  |  |  | 1,469 |
Ending balance |  | $ | (2,386 | ) |  | $ | (9,075 | ) |  | $ | (73 | ) |  | $ | - |  |  | $ | (11,534 | )
|  | For the three months ended March 31, 2022 |
(In thousands) |  | Retirement Plans |  |  | Unrealized Loss on Available-for- Sale Securities |  |  | Unrealized Gain on Derivatives and Hedging Activities |  |  | Unrealized Loss on Securities Transferred to Held-to-Maturity |  |  | Total |
Beginning balance |  | $ | (1,412 | ) |  | $ | 428 |  |  | $ | (286 | ) |  | $ | 2 |  |  | $ | (1,268 | )
Other comprehensive (loss) income before reclassifications |  |  | - |  |  |  | (4,271 | ) |  |  | 480 |  |  |  | - |  |  |  | (3,791 | )
Amounts reclassified from AOCI |  |  | 1 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1 |
Ending balance |  | $ | (1,411 | ) |  | $ | (3,843 | ) |  | $ | 194 |  |  | $ | 2 |  |  | $ | (5,058 | )
Schedule of Amounts Reclassified Out of Each Component of AOCI | The following table presents the amounts reclassified out of each component of AOCI for the indicated period:
|  |  |  | Amount Reclassified |
|  |  |  | from AOCI (1) |
|  |  |  | (Unaudited) |
(In thousands) |  |  |  | For the three months ended |
Details about AOCI (1) components |  | Affected Line Item in the Statement of Income |  | March 31, 2023 |  |  | March 31, 2022 |
Retirement plan items |  |  |  |  |  |  |  |
Retirement plan net losses recognized in plan expenses (2) |  | Salaries and employee benefits |  | $ | (55 | ) |  | $ | (1 | )
Tax effect |  | Provision for income taxes |  |  | 14 |  |  |  | - |
|  | Net (losses) income |  | $ | (41 | ) |  | $ | (1 | )
Available-for-sale securities |  |  |  |  |  |  |  |
Realized (loss) gain on sale of securities |  | Net gains on sales and redemptions of investment securities |  | $ | (1,933 | ) |  | $ | - |
Tax effect |  | Provision for income taxes |  |  | 505 |  |  |  | - |
|  | Net (losses) income |  | $ | (1,428 | ) |  | $ | - |
(1) Amounts in parentheses indicates debits in net income. (2) These items are included in net periodic pension cost. See Note 5 for additional information.

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