Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net Income Attributable to Common Shareowners $ 40,147 $ 33,396 $ 31,576
Investment Securities:      
Change in net unrealized (loss) gain on securities available for sale (35,814) (9,673) 2,437
Unrealized losses on securities transferred from available for sale to held to maturity (9,384) 0 0
Amortization of unrealized losses on securities transferred from available for sale to held to maturity 1,469 26 36
Change in net unrealized gain on effective cash flow derivative 4,146 1,476 574
Benefit Plans:      
Reclassification adjustment for amortization of prior service cost 292 234 (880)
Reclassification adjustment for amortization of net loss 4,752 10,806 4,391
Defined benefit plan settlement 2,321 3,072 0
Current year actuarial gain (loss) 4,223 31,339 (27,924)
Total Benefit Plans 11,588 45,451 (24,413)
Other comprehensive (loss) income, before tax: (27,995) 37,280 (21,366)
Deferred tax benefit (expense) benefit related to other comprehensive income 6,980 (9,352) 5,405
Other comprehensive (loss) income, net of tax (21,015) 27,928 (15,961)
TOTAL COMPREHENSIVE INCOME $ 19,132 $ 61,324 $ 15,615