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Accumulated Other Comprehensive Income
 6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
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: 
 
 
Three Months Ended June 30,
 
 
Unrealized holding (losses) gains on AFS
 
Unrealized holding gains (losses) on SERP
 
Unrealized holding gains (losses) on junior subordinated debt
 
Impairment loss on securities
 
Total
 
 
(in thousands)
Balance, March 31, 2019
 
$
(16,214
)
 
$
374

 
$
7,505

 
$
144

 
$
(8,191
)
Other comprehensive income (loss) before reclassifications
 
35,923

 
(17
)
 
(1,334
)
 
—

 
34,572

Amounts reclassified from AOCI
 
—

 
—

 
—

 
—

 
—

Net current-period other comprehensive income (loss)
 
35,923

 
(17
)
 
(1,334
)
 
—

 
34,572

Balance, June 30, 2019
 
$
19,709

 
$
357

 
$
6,171

 
$
144

 
$
26,381

 
 
 
 
 
 
 
 
 
 
 
Balance, March 31, 2018
 
$
(51,470
)
 
$
458

 
$
9,206

 
$
144

 
$
(41,662
)
Other comprehensive (loss) income before reclassifications
 
(10,389
)
 
(12
)
 
748

 
—

 
(9,653
)
Amounts reclassified from AOCI
 
—

 
—

 
—

 
—

 
—

Net current-period other comprehensive (loss) income
 
(10,389
)
 
(12
)
 
748

 
—

 
(9,653
)
Balance, June 30, 2018
 
$
(61,859
)
 
$
446

 
$
9,954

 
$
144

 
$
(51,315
)

 
 
Six Months Ended June 30,
 
 
Unrealized holding gains (losses) on AFS
 
Unrealized holding gains (losses) on SERP
 
Unrealized holding gains (losses) on junior subordinated debt
 
Impairment loss on securities
 
Total
 
 
(in thousands)
Balance, December 31, 2018
 
$
(47,591
)
 
$
392

 
$
13,433

 
$
144

 
$
(33,622
)
Other comprehensive (loss) income before reclassifications
 
67,300

 
(35
)
 
(7,262
)
 
—

 
60,003

Amounts reclassified from AOCI
 
—

 
—

 
—

 
—

 
—

Net current-period other comprehensive (loss) income
 
67,300

 
(35
)
 
(7,262
)
 
—

 
60,003

Balance, June 30, 2019
 
$
19,709

 
$
357

 
$
6,171

 
$
144

 
$
26,381

 
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2017
 
$
(10,026
)
 
$
385

 
$
6,352

 
$
144

 
$
(3,145
)
Balance, January 1, 2018 (1)
 
(12,556
)
 
469

 
7,740

 
144

 
(4,203
)
Other comprehensive income (loss) before reclassifications
 
(49,303
)
 
(23
)
 
2,214

 
—

 
(47,112
)
Amounts reclassified from AOCI
 
—

 
—

 
—

 
—

 
—

Net current-period other comprehensive income (loss)
 
(49,303
)
 
(23
)
 
2,214

 
—

 
(47,112
)
Balance, June 30, 2018
 
$
(61,859
)
 
$
446

 
$
9,954

 
$
144

 
$
(51,315
)
(1)
As adjusted for adoption of ASU 2016-01 and ASU 2018-02. The cumulative effect of adoption of this guidance at January 1, 2018 resulted in an increase to retained earnings of $1.1 million and a corresponding decrease to accumulated other comprehensive income.
During the three and six months ended June 30, 2019 and 2018, there were no amounts reclassified out of accumulated other comprehensive loss.