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, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
NET INCOME ATTRIBUTABLE TO COMMON SHAREOWNERS $ 52,258 $ 33,412 $ 33,396
Investment Securities:      
Net unrealized (loss) gain on securities available-for-sale 12,076 (35,814) (9,673)
Unrealized losses on securities transferred from available-for-sale to held-to-maturity 0 (9,384) 0
Amortization of unrealized losses on securities transferred from available-for-sale to held-to-maturity 3,479 1,469 26
Change in net unrealized gain on effective cash flow derivative (878) 4,146 1,476
Benefit Plans:      
Reclassification adjustment for amortization of prior service cost 156 292 234
Reclassification adjustment for amortization of net loss 112 4,752 10,806
Defined benefit plan settlement (gain) charge (291) 2,321 3,072
Current year actuarial gain 4,905 4,223 31,339
Total Benefit Plans 4,882 11,588 45,451
Other comprehensive income (loss), before tax: 19,559 (27,995) 37,280
Deferred tax (expense) benefit related to other comprehensive income (4,476) 6,980 (9,352)
Other comprehensive income (loss), net of tax 15,083 (21,015) 27,928
TOTAL COMPREHENSIVE INCOME $ 67,341 $ 12,397 $ 61,324