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Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Components of Other Comprehensive Income (Loss) and Related Tax Effects
The components of other comprehensive income (loss) and related tax effects are as follows:
                                 
 
Three months ended June 30,
   
Six months ended June 30,
 
(in thousands)
 
2019
   
2018
   
2019
   
2018
 
Unrealized holding gains (losses) on available for sale securities before reclassifications
  $
9,553
    $
(5,676
 )   $
22,263
    $
(20,941
 )
Amounts reclassified out of accumulated other comprehensive income:
   
     
     
     
 
Adoption ASU
2016-01
   
—  
      
—  
      
—  
      
62
 
Adoption ASU
2018-02
   
—  
      
—  
      
—  
      
(425
 )
                                 
Total amounts reclassified out of accumulated other comprehensive income
   
—  
      
—  
      
—  
      
(363
 )
                                 
Unrealized holding gains (losses) on available for sale securities after reclassifications
   
9,553
     
(5,676
 )    
22,263
     
(21,304
 )
Tax effect
   
(2,824
 )    
1,678
     
(6,582
)    
6,280
 
                                 
Unrealized holding gains (losses) on available for sale securities, net of tax
   
6,729
     
(3,998
 )    
15,681
     
(15,024
 )
                                 
Change in unfunded status of the supplemental retirement plans before reclassifications
   
(89
 )    
—  
      
(177
 )    
668
 
Amounts reclassified out of accumulated other comprehensive income:
   
     
     
     
 
Amortization of prior service cost
   
(13
 )    
(13
 )    
(27
 )    
(27
 )
Amortization of actuarial losses
   
102
     
127
     
204
     
254
 
Adoption ASU
2018-02
   
—  
      
—  
      
—  
      
(668
 )
                                 
Total amounts reclassified out of accumulated other comprehensive income
   
89
     
114
     
177
     
(441
 )
                                 
Change in unfunded status of the supplemental retirement plans after reclassifications
   
—  
      
114
     
—  
      
227
 
Tax effect
   
—  
      
(34
 )    
—  
      
(67
 )
                                 
Change in unfunded status of the supplemental retirement plans, net of tax
   
—  
      
80
     
—  
      
160
 
                                 
Total other comprehensive income (loss)
  $
6,729
    $
(3,918
 )   $
15,681
    $
(14,864
 )
                                 
 
 
 
 
Components of Accumulated Other Comprehensive Loss
The components of accumulated other comprehensive loss, included in shareholders’ equity, are as follows:
                 
 
June 30,
   
December 31,
 
(in thousands)
 
2019
   
2018
 
Net unrealized loss on available for sale securities
  $
1,289
    $
(20,974
 )
Tax effect
   
(381
 )    
6,201
 
                 
Unrealized holding loss on available for sale securities, net of tax
   
908
     
(14,773
 )
                 
Unfunded status of the supplemental retirement plans
   
(4,802
 )    
(4,802
 )
Tax effect
   
1,420
     
1,420
 
                 
Unfunded status of the supplemental retirement plans, net of tax
   
(3,382
 )    
(3,382
 )
                 
Joint beneficiary agreement liability
   
276
     
276
 
Tax effect
   
—  
      
—  
  
                 
Joint beneficiary agreement liability, net of tax
   
276
     
276
 
                 
Accumulated other comprehensive loss
  $
(2,198
 )   $
(17,879
 )