XML 45 R33.htm IDEA: XBRL DOCUMENT

Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2023

Accumulated Other Comprehensive Loss

Schedule of accumulated other comprehensive loss, net of tax

The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the three months ended March 31, 2023 and 2022 (in thousands):


	Three months ended March 31, 2023								Three months ended March 31, 2022
	Net								Net
	Unrealized								Unrealized
	Gains and								Gains and
	Losses on				Defined				Losses on		Defined
	Investment		Interest		Benefit				Investment		Benefit
	Securities		Rate		Pension				Securities		Pension
	AFS⁽¹⁾		Hedge⁽¹⁾		Items⁽¹⁾		Total⁽¹⁾		AFS⁽¹⁾		Items⁽¹⁾		Total⁽¹⁾
Beginning balance	$	(14,938)	$	—	$	(7,582)	$	(22,520)	$	1,386	$	(7,898)	$	(6,512)
Other comprehensive income (loss) before reclassifications		449		(636)		—		(187)		(5,860)		524		(5,336)
Amounts reclassified from accumulated other comprehensive loss		—		(19)		—		(19)		—		395		395
Net current period other comprehensive income (loss)		449		(655)		—		(206)		(5,860)		919		(4,941)
Ending balance	$	(14,489)	$	(655)	$	(7,582)	$	(22,726)	$	(4,474)	$	(6,979)	$	(11,453)

(1)	Amounts in parentheses indicate debits on the Consolidated Balance Sheets.

Schedule of reclassification out of accumulated other comprehensive loss

The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the three months ended March 31, 2023 and 2022 (in thousands):


	Amount reclassified from accumulated
	other comprehensive loss⁽¹⁾
	For the three		For the three
Details about accumulated other	months ended		months ended		Affected line item in the
comprehensive loss components	March 31, 2023		March 31, 2022		statement of operations
Interest rate hedge
	$	(24)	$	—	Interest expense - Deposits
		5		—	Provision for income taxes
	$	(19)	$	—
Amortization of estimated defined benefit pension plan loss⁽²⁾
	$	—	$	500	Other expense
		—		(105)	Provision for income taxes
	$	—	$	395
Total reclassifications for the period	$	(19)	$	395

(1) Amounts in parentheses indicate credits.

(2) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 16 for additional details).