Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2018

Equity [Abstract]

Components of Other Comprehensive Income (Loss) and Related Tax Effects

The components of other comprehensive income and related tax effects are as follows:

	Year Ended December 31,
(in thousands)	2018			2017			2016
Unrealized holding (losses) gains on available for sale securities before reclassifications	$	(17,057	)	$	6,422		$	(11,015	)
Amounts reclassified out of accumulated other comprehensive income:
Realized gains on debt securities		(207	)		(961	)		—
Adoption ASU 2016-01		62			—			—
Adoption ASU 2018-02		(425	)		—			—
Total amounts reclassified out of accumulated other comprehensive income		(570	)		(961	)		—
Unrealized holding (losses) gains on available for sale securities after reclassifications		(17,627	)		5,461			(11,015	)
Tax effect		5,193			(2,296	)		4,631
Unrealized holding (losses) gains on available for sale securities, net of tax		(12,434	)		3,165			(6,384	)
Change in unfunded status of the supplemental retirement plans before reclassifications		762			(1,016	)		511
Amounts reclassified out of accumulated other comprehensive income:
Amortization of prior service cost		(54	)		(12	)		(40	)
Amortization of actuarial losses		510			390			550
Adoption ASU 2018-02		(668	)		—			—
Total amounts reclassified out of accumulated other comprehensive income		(212	)		378			510
Change in unfunded status of the supplemental retirement plans after reclassifications		550			(638	)		1,021
Tax effect		(162	)		268			(429	)
Change in unfunded status of the supplemental retirement plans, net of tax		388			(370	)		592
Change in joint beneficiary agreement liability before reclassifications		426			(110	)		(343	)
Tax effect		—			—			—
Change in unfunded status of the supplemental retirement plans, net of tax		426			(110	)		(343	)
Total other comprehensive (loss) income		$(11,620)			$2,685		$	(6,135	)

Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive income, included in shareholders’ equity, are as follows:

	Year Ended December 31,
(in thousands)	2018			2017
Net unrealized loss on available for sale securities	$	(20,974	)		(3,409	)
Stranded OCI from tax rate change		—			425
Tax effect		6,201			1,008
Unrealized holding loss on available for sale securities, net of tax		(14,773	)		(1,976	)
Unfunded status of the supplemental retirement plans		(4,802	)		(5,352	)
Stranded OCI from tax rate change		—			668
Tax effect		1,420			1,582
Unfunded status of the supplemental retirement plans, net of tax		(3,382	)		(3,102	)
Joint beneficiary agreement liability		276			(150	)
Tax effect		—			—
Joint beneficiary agreement liability, net of tax		276			(150	)
Accumulated other comprehensive loss	$	(17,879	)	$	(5,228	)