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OTHER COMPREHENSIVE INCOME (Tables)
3 Months Ended
Mar. 31, 2020
OTHER COMPREHENSIVE INCOME  
Components of Other Comprehensive Income and Related Tax Effects

The components of other comprehensive income, both before tax and net of tax, are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Three Months Ended

 

 

March 31, 2020

 

March 31, 2019

(Dollars in thousands)

    

Unrealized gains (losses) on available for sale securities

    

Unrealized gains (losses) on derivatives

    

Retirement benefit plan

    

Total

    

Unrealized gains (losses) on available for sale securities

    

Unrealized gains (losses) on derivatives

    

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, net of tax

 

$

680

 

$

(2,198)

 

$

 8

 

$

(1,510)

 

$

680

 

$

(2,198)

 

$

(1,518)

Other comprehensive income (loss) income before reclassification, net of tax

 

 

1,073

 

 

(13,933)

 

 

 —

 

 

(12,860)

 

 

2,912

 

 

(1,734)

 

 

1,178

Amounts reclassified from accumulated other comprehensive income (loss), net of tax

 

 

(356)

 

 

4,192

 

 

 —

 

 

3,836

 

 

(824)

 

 

522

 

 

(302)

Net current period other comprehensive income, net of tax

 

 

717

 

 

(9,741)

 

 

 —

 

 

(9,024)

 

 

2,088

 

 

(1,212)

 

 

876

Ending balance, net of tax

 

$

1,397

 

$

(11,939)

 

$

 8

 

$

(10,534)

 

$

2,768

 

$

(3,410)

 

$

(642)