Summary of Changes in Accumulated Other Comprehensive Income |
The following table summarizes the changes in accumulated other comprehensive income (loss) by component, net of tax, for the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Unrealized holding gains (losses) on AFS | | Unrealized holding gains (losses) on SERP | | Unrealized holding gains (losses) on junior subordinated debt | | Impairment loss on securities | | Unrealized gain on cash flow hedge | | Total | | | (in thousands) | Balance, December 31, 2012 | | $ | 8,065 |
| | $ | — |
| | $ | — |
| | $ | 144 |
| | $ | 17 |
| | $ | 8,226 |
| Other comprehensive income before reclassifications | | (30,503 | ) | | — |
| | — |
| | — |
| | (17 | ) | | (30,520 | ) | Amounts reclassified from accumulated other comprehensive income | | 748 |
| | — |
| | — |
| | — |
| | — |
| | 748 |
| Net current-period other comprehensive (loss) | | (29,755 | ) | | — |
| | — |
| | — |
| | (17 | ) | | (29,772 | ) | Balance, December 31, 2013 | | $ | (21,690 | ) | | $ | — |
| | $ | — |
| | $ | 144 |
| | $ | — |
| | $ | (21,546 | ) | Transfer of HTM securities to AFS | | 8,976 |
| | — |
| | — |
| | — |
| | — |
| | 8,976 |
| Other comprehensive income before reclassifications | | 29,683 |
| | — |
| | — |
| | — |
| | — |
| | 29,683 |
| Amounts reclassified from accumulated other comprehensive income | | (474 | ) | | — |
| | — |
| | — |
| | — |
| | (474 | ) | Net current-period other comprehensive income | | 38,185 |
| | — |
| | — |
| | — |
| | — |
| | 38,185 |
| Balance, December 31, 2014 | | $ | 16,495 |
| | $ | — |
| | $ | — |
| | $ | 144 |
| | $ | — |
| | $ | 16,639 |
| Balance, January 1, 2015 (1) | | 16,495 |
| | — |
| | 16,309 |
| | 144 |
| | — |
| | 32,948 |
| Transfer of HTM securities to AFS | | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Other comprehensive income before reclassifications | | (6,117 | ) | | 90 |
| | (4,276 | ) | | — |
| | — |
| | (10,303 | ) | Amounts reclassified from accumulated other comprehensive income | | (385 | ) | | — |
| | — |
| | — |
| | — |
| | (385 | ) | Net current-period other comprehensive (loss) income | | (6,502 | ) | | 90 |
| | (4,276 | ) | | — |
| | — |
| | (10,688 | ) | Balance, December 31, 2015 | | $ | 9,993 |
| | $ | 90 |
| | $ | 12,033 |
| | $ | 144 |
| | $ | — |
| | $ | 22,260 |
|
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