Accumulated Other Comprehensive Income (“AOCI”)

12 Months Ended

Dec. 31, 2018

Accumulated Other Comprehensive Income (“AOCI”)

Accumulated Other Comprehensive Income (“AOCI”)

2) Accumulated Other Comprehensive Income (“AOCI”)

The following table reflects the changes in AOCI by component for the periods indicated:

	Year Ended December 31, 2018 and 2017
			Unamortized
			Unrealized
	Unrealized		Gain on
	Gains (Losses) on		Available-
	Available-		for-Sale		Defined
	for-Sale		Securities		Benefit
	Securities		Reclassified		Pension
	and I/O		to Held-to-		Plan
	Strips		Maturity		Items		Total
	(Dollars in thousands)
Beginning balance January 1, 2018, net of taxes	$	(362)	$	375	$	(9,265)	$	(9,252)
Other comprehensive (loss) before reclassification, net of taxes		(4,458)		—		1,387		(3,071)
Amounts reclassified from other comprehensive (loss) income, net of taxes		(187)		(31)		160		(58)
Net current period other comprehensive (loss) income, net of taxes		(4,645)		(31)		1,547		(3,129)
Ending balance December 31, 2018, net of taxes	$	(5,007)	$	344	$	(7,718)	$	(12,381)
Beginning balance January 1, 2017, net of taxes	$	(540)	$	336	$	(7,710)	$	(7,914)
Other comprehensive (loss) before reclassification, net of taxes		242		—		(654)		(412)
Amounts reclassified from other comprehensive income (loss), net of taxes		3		(29)		119		93
Net current period other comprehensive income (loss), net of taxes		245		(29)		(535)		(319)
Reclassification associated with the Adoption of ASU 2018-02		(67)		68		(1,020)		(1,019)
Ending balance December 31, 2017, net of taxes	$	(362)	$	375	$	(9,265)	$	(9,252)

	Amounts Reclassified from
	AOCI(1)
	Year Ended
Details About AOCI Components	2018		2017		2016		Net Income is Presented
	(Dollars in thousands)
Unrealized gains on available-for-sale securities
and I/O strips	$	266	$	(6)	$	1,099	Gain (loss) on sales of securities
		(79)		3		(461)	Income tax expense
		187		(3)		638	Net of tax
Amortization of unrealized gain on securities
available-for-sale that were reclassified to securities
held-to-maturity		44		51		116	Interest income on taxable securities
		(13)		(22)		(49)	Income tax expense
		31		29		67	Net of tax
Amortization of defined benefit pension plan items (1)
Prior transition obligation		65		71		51
Actuarial losses		(292)		(276)		(239)
		(227)		(205)		(188)	Salaries and employee benefits
		67		86		79	Income tax benefit
		(160)		(119)		(109)	Net of tax
Total reclassification from AOCI for the year	$	58	$	(93)	$	596

(1)This AOCI component is included in the computation of net periodic benefit cost (see Note 14 — Benefit Plans).