Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2020

The following table summarizes the changes within each classification of AOCI, net of tax:


(dollars in thousands)	Unrealized Gains and Losses on Available- for-Sale Debt Securities		Unrealized Gains and Losses on Held-to- Maturity Securities		Gains and Losses on Cash Flow Hedges		Defined Benefit Pension Plans		Total
Three Months Ended June 30, 2020
Balance at beginning of period	$	132,500	$	—	$	5,801	$	(144)	$	138,157
Other comprehensive income (loss) before reclassifications	12,733		—		(186)		—		12,547
Amounts reclassified from AOCI to income (1)	(422)		—		(1,260)		21		(1,661)
Balance at end of period	$	144,811	$	—	$	4,355	$	(123)	$	149,043

Three Months Ended June 30, 2019
Balance at beginning of period	$	10,442	$	(8,164)	$	513	$	(171)	$	2,620
Other comprehensive income (loss) before reclassifications	39,151		—		711		—		39,862
Amounts reclassified from AOCI to income (1)	(892)		435		(4)		16		(445)
Balance at end of period	$	48,701	$	(7,729)	$	1,220	$	(155)	$	42,037

Six Months Ended June 30, 2020
Balance at beginning of period	$	56,131	$	—	$	240	$	(164)	$	56,207
Other comprehensive income (loss) before reclassifications	93,102		—		5,700		—		98,802
Amounts reclassified from AOCI to income (1)	(4,422)		—		(1,585)		41		(5,966)
Balance at end of period	$	144,811	$	—	$	4,355	$	(123)	$	149,043

Six Months Ended June 30, 2019
Balance at beginning of period	$	(37,348)	$	(8,515)	$	1,099	$	(186)	$	(44,950)
Other comprehensive income (loss) before reclassifications	86,862		—		415		—		87,277
Amounts reclassified from AOCI to income (1)	(813)		786		(294)		31		(290)
Balance at end of period	$	48,701	$	(7,729)	$	1,220	$	(155)	$	42,037

(1)See tables below for details about reclassifications to income.

The following table summarizes the significant amounts reclassified out of each component of AOCI for the three months ended June 30, 2020 and 2019:


Details about AOCI Components	Amount Reclassified from AOCI					Affected Line Item in the Statement of Income
	Three Months Ended June 30,
(dollars in thousands)	2020		2019
Unrealized gains and losses on available-for-sale debt securities	$	511	$	1,165	Debt securities gains (losses), net
	(89)		(273)		Income tax (expense) benefit
	$	422	$	892	Net income
Unrealized gains and losses on held-to-maturity securities	$	—	$	(564)	Interest income (expense)
	—		129		Income tax (expense) benefit
	$	—	$	(435)	Net income
Gains and losses on cash flow hedges Interest rate contracts	$	1,670	$	6	Interest income (expense)
	(410)		(2)		Income tax (expense) benefit
	$	1,260	$	4	Net income
Amortization of defined benefit pension items
Actuarial gains (losses)	$	(27)	$	(21)	Salaries and employee benefits
	6		5		Income tax (expense) benefit
	$	(21)	$	(16)	Net income

Total reclassifications for the period	$	1,661	$	445	Net income

The following table summarizes the significant amounts reclassified out of each component of AOCI for the six months ended June 30, 2020 and 2019:


Details about AOCI Components	Amount Reclassified from AOCI					Affected Line Item in the Statement of Income
	Six Months Ended June 30,
(dollars in thousands)	2020		2019
Unrealized gains and losses on available-for-sale debt securities	$	5,685	$	1,062	Debt securities gains (losses), net
	(1,263)		(249)		Income tax (expense) benefit
	$	4,422	$	813	Net income
Unrealized gains and losses on held-to-maturity securities	$	—	$	(1,021)	Interest income (expense)
	—		235		Income tax (expense) benefit
	$	—	$	(786)	Net income
Gains and losses on cash flow hedges Interest rate contracts	$	2,101	$	391	Interest income (expense)
	(516)		(97)		Income tax (expense) benefit
	$	1,585	$	294	Net income
Amortization of defined benefit pension items
Actuarial gains (losses)	$	(54)	$	(41)	Salaries and employee benefits
	13		10		Income tax (expense) benefit
	$	(41)	$	(31)	Net income

Total reclassifications for the period	$	5,966	$	290	Net income