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Accumulated Other Comprehensive Loss (Tables)
 6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Components of accumulated other comprehensive loss, net of related tax benefit/expense
The following table summarizes the changes within each component of accumulated other comprehensive income (loss), net of related tax benefit/expense for the three and six months ended June 30, 2019, and 2018:
(Dollars in thousands)
 
Unrealized gains (losses) on securities carried at fair value, net of tax
 
Defined Benefit Pension Plan, net of tax
 
Unrealized gains (losses) on cash flow hedges, net of tax
 
Total
For the three months ended June 30, 2019
 
 
 
 
 
 
 
 
Beginning balance at April 1, 2019
 
$
(8,260
)
 
$
(28,691
)
 
$
(1,556
)
 
$
(38,507
)
Other comprehensive income (loss) before reclassifications
 
29,079

 
—

 
(16,771
)
 
12,308

Amounts reclassified from accumulated other comprehensive income (loss)
 
(3,286
)
 
76

 
(992
)
 
(4,202
)
Net current period other comprehensive income (loss)
 
25,793

 
76

 
(17,763
)
 
8,106

Ending balance
 
$
17,533

 
$
(28,615
)
 
$
(19,319
)
 
$
(30,401
)
For the three months ended June 30, 2018
 
 
 
 
 
 
 
 
Beginning balance at April 1, 2018
 
$
(32,501
)
 
$
(19,696
)
 
$
11,143

 
$
(41,054
)
Other comprehensive income (loss) before reclassifications
 
(9,182
)
 
—

 
3,240

 
(5,942
)
Amounts reclassified from accumulated other comprehensive income (loss)
 
(2
)
 
112

 
(465
)
 
(355
)
Net current period other comprehensive income (loss)
 
(9,184
)
 
112

 
2,775

 
(6,297
)
Ending balance
 
$
(41,685
)
 
$
(19,584
)
 
$
13,918

 
$
(47,351
)
For the six months ended June 30, 2019
 
 
 
 
 
 
 
 
Beginning balance at January 1, 2019
 
$
(37,772
)
 
$
(28,766
)
 
$
5,428

 
$
(61,110
)
Other comprehensive income (loss) before reclassifications
 
58,660

 
—

 
(22,737
)
 
35,923

Amounts reclassified from accumulated other comprehensive income (loss)
 
(3,355
)
 
151

 
(2,010
)
 
(5,214
)
Net current period other comprehensive income (loss)
 
55,305

 
151

 
(24,747
)
 
30,709

Ending balance
 
$
17,533

 
$
(28,615
)
 
$
(19,319
)
 
$
(30,401
)
For the six months ended June 30, 2018
 
 
 
 
 
 
 
 
Beginning balance at December 31, 2017
 
$
(10,348
)
 
$
(19,808
)
 
$
4,658

 
$
(25,498
)
Cumulative effect adjustment of change in accounting policy, net of tax impact(1)
 
$
(344
)
 
$
—

 
$
3

 
(341
)
Beginning balance at January 1, 2018
 
(10,692
)
 
(19,808
)
 
4,661

 
(25,839
)
Other comprehensive income (loss) before reclassifications
 
(30,991
)
 
—

 
9,531

 
(21,460
)
Amounts reclassified from accumulated other comprehensive income (loss)
 
(2
)
 
224

 
(274
)
 
(52
)
Net current period other comprehensive income (loss)
 
(30,993
)
 
224

 
9,257

 
(21,512
)
Ending balance
 
$
(41,685
)
 
$
(19,584
)
 
$
13,918

 
$
(47,351
)

(1) 
Refer to Note 1, Basis of Presentation and Significant Accounting Policies for further details on the adoption of ASU 2016-01 and ASU 2017-12.
Summary of amounts reclassified out of accumulated other comprehensive income (loss)

The following table summarizes the amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2019, and 2018:
(Dollars in thousands)
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Affected Line Item in the Income Statement
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
 
 
2019
 
2018
 
2019
 
2018
 
 
Gains and losses on investment securities carried at fair value
 
$
4,160

 
$
3

 
$
4,247

 
$
3

 
Net gain on sale of investment securities (noninterest income)
 
 
(874
)
 
(1
)
 
(892
)
 
(1
)
 
Income tax expense
 
 
$
3,286

 
$
2

 
$
3,355

 
$
2

 
Net Income
Amortization of defined benefit pension plan items
 
$
96

 
$
142

 
$
191

 
$
284

 
Salaries, wages and employee benefits (operating expenses)
 
 
(20
)
 
(30
)
 
(40
)
 
(60
)
 
Income tax expense
 
 
$
76

 
$
112

 
151

 
$
224

 
Net Loss
Gains and losses on cash flow hedges
 
$
(1,256
)
 
$
(589
)
 
$
(2,544
)
 
$
(347
)
 
Interest on short-term borrowings (interest expense)
 
 
264

 
124

 
534

 
73

 
Income tax benefit
 
 
$
(992
)
 
$
(465
)
 
$
(2,010
)
 
$
(274
)
 
Net Income