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Other Comprehensive Income
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Other Comprehensive Income
11.

OTHER COMPREHENSIVE INCOME

The table below provides a summary of the components of other comprehensive income (“OCI”) for the periods presented.

 

     For the Three Months Ended September 30,
     2018   2017
     Before-tax   Tax effect    After-tax   Before-tax   Tax effect   After-tax
     (Dollars in thousands)

Investment securities:

             

Net change in fair value recorded in accumulated OCI

     $ (10,235     $ 3,025        $ (7,210     $ 2,083       $ (875     $ 1,208  

Amortization of unrealized gains (losses) on securities transferred from available-for-sale to held-to-maturity

     (152     45        (107     (862     362       (500

Net realized gain reclassified into earnings (1)

     -       -        -       -       -       -  
  

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change

     $ (10,387     $ 3,070        $ (7,317     $ 1,221       $ (513     $ 708  
  

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     For the Nine Months Ended September 30,
     2018   2017
     Before-tax   Tax effect    After-tax   Before-tax   Tax effect   After-tax
     (Dollars in thousands)

Investment securities:

             

Net change in fair value recorded in accumulated OCI

     $ (47,346     $ 13,997        $ (33,349     $ 6,128       $ (2,574     $ 3,554  

Amortization of unrealized gains (losses) on securities transferred from available-for-sale to held-to-maturity

     (1,809     535        (1,274     (2,841     1,193       (1,648

Net realized gain reclassified into earnings (1)

     -       -        -       (402     169       (233
  

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change

     $   (49,155     $   14,532        $   (34,623     $     2,885       $   (1,212     $     1,673  
  

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  (1)

Included in other noninterest income.