Schedule of Changes in Accumulated Other Comprehensive (Loss) Income |
The changes in accumulated other comprehensive (loss) income balances as of September 30, 2022 and 2021 were as follows (in thousands): | | | | | | | | | | | | | | | | | Accumulated Other | | | Pension | | Unrealized | | Comprehensive | | | Liability | | Gains (Loss) | | Income (Loss) | Balance at January 1, 2021 | | $ | (3,762) | | $ | 4,145 | | $ | 383 | Other comprehensive loss: | | | | | | | | | | Change in net actuarial gain | | | 130 | | | — | | | 130 | Tax effect on change in net actuarial gain | | | (27) | | | — | | | (27) | Unrealized holding gains arising during the period | | | — | | | 3,063 | | | 3,063 | Tax effect on unrealized holdings gains arising during the period | | | — | | | (643) | | | (643) | Reclassification adjustment for gains included in net income | | | — | | | (5,288) | | | (5,288) | Tax effect on reclassification adjustment for gains included in net income | | | — | | | 1,110 | | | 1,110 | Other comprehensive loss, net of tax | | | 103 | | | (1,758) | | | (1,655) | | | | | | | | | | | Balance at September 30, 2021 | | $ | (3,659) | | $ | 2,387 | | $ | (1,272) | | | | | | | | | | | Balance at January 1, 2022 | | $ | (2,641) | | $ | 1,606 | | $ | (1,035) | Other comprehensive income: | | | | | | | | | | Change in net actuarial gain | | | 78 | | | — | | | 78 | Tax effect on change in net actuarial gain | | | (16) | | | — | | | (16) | Unrealized holding gains arising during the period | | | — | | | (10,048) | | | (10,048) | Tax effect on unrealized holding gains arising during the period | | | — | | | 2,110 | | | 2,110 | Reclassification adjustment for gains included in net income | | | — | | | (1,667) | | | (1,667) | Tax effect on reclassification adjustment for gains included in net income | | | — | | | 350 | | | 350 | Other comprehensive loss, net of tax | | | 62 | | | (9,255) | | | (9,193) | | | | | | | | | | | Balance at September 30, 2022 | | $ | (2,579) | | $ | (7,649) | | $ | (10,228) |
|