Annual report pursuant to Section 13 and 15(d)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Note 18
ACCUMULATED OTHER
 
COMPREHENSIVE INCOME (LOSS)
FASB Topic
 
ASC 220, “Comprehensive Income” requires that certain transactions
 
and other economic events that bypass the
income statement be displayed as other comprehensive income.
 
Total comprehensive income
 
is reported in the consolidated
statements of comprehensive income and changes in shareowners’ equity.
 
The following table shows the amounts allocated to accumulated other
 
comprehensive income (loss).
Accumulated
Securities
Other
Available
Interest Rate
Retirement
Comprehensive
 
(Dollars in Thousands)
for Sale
Swap
Plans
(Loss) Income
Balance as of January 1, 2021
$
2,700
$
428
$
(47,270)
$
(44,142)
Other comprehensive (loss) income during the period
(7,288)
1,102
34,114
27,928
Balance as of December 31, 2021
$
(4,588)
$
1,530
$
(13,156)
$
(16,214)
Balance as of January 1, 2020
$
864
$
-
$
(29,045)
$
(28,181)
Other comprehensive income (loss) during the period
1,836
428
(18,225)
(15,961)
Balance as of December 31, 2020
$
2,700
$
428
$
(47,270)
$
(44,142)
Balance as of January 1, 2019
$
(2,008)
$
-
$
(26,807)
$
(28,815)
Other comprehensive income (loss) during the period
2,872
-
(2,238)
634
Balance as of December 31, 2019
$
864
$
-
$
(29,045)
$
(28,181)