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OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Other Comprehensive Income (Loss) Components and Related Tax Effects

Other comprehensive income (loss) components and related tax effects for the three-month periods are as follows:

 

 

 

Unrealized

Gains (Losses)

on Securities

Available for

Sale

 

 

Disproportionate

Tax Effect from

Securities

Available for

Sale

 

 

Losses on

Securities

Transferred

From

Available for

Sale

to Held to

Maturity

 

 

Total

 

June 30, 2018

 

(Dollars in thousands)

 

Balances at beginning of period, net of

   tax

 

$

(4,924

)

 

$

(17,110

)

 

$

(641

)

 

$

(22,675

)

Other comprehensive loss before

   reclassifications

 

 

(1,359

)

 

 

 

 

 

 

 

 

(1,359

)

Accretion of unrealized losses of

   securities transferred from available

   for sale to held to maturity recognized

   in other comprehensive income

 

 

 

 

 

 

 

 

31

 

 

 

31

 

Reclassification adjustment for gains

   realized in income

 

 

(74

)

 

 

 

 

 

 

 

 

(74

)

Net current period other comprehensive

   income

 

 

(1,433

)

 

 

 

 

 

31

 

 

 

(1,402

)

Balances at end of period, net of tax

 

$

(6,357

)

 

$

(17,110

)

 

$

(610

)

 

$

(24,077

)

 

 

 

Unrealized

Gains (Losses)

on Securities

Available for

Sale

 

 

Disproportionate

Tax Effect from

Securities

Available for

Sale

 

 

Losses on

Securities

Transferred

From

Available for

Sale to Held

to Maturity

 

 

Total

 

June 30, 2017

 

(Dollars in thousands)

 

Balances at beginning of period,

   net of tax

 

$

(2,165

)

 

$

(17,110

)

 

$

(767

)

 

$

(20,042

)

Other comprehensive income

   before reclassifications

 

 

1,758

 

 

 

 

 

 

 

 

 

1,758

 

Accretion of unrealized losses

   of securities transferred

   from available for sale to

   held to maturity recognized

   in other comprehensive

   income

 

 

 

 

 

 

 

 

32

 

 

 

32

 

Reclassification adjustment

   for gains realized in income

 

 

(196

)

 

 

 

 

 

 

 

 

(196

)

Net current period other

   comprehensive income

 

 

1,562

 

 

 

 

 

 

32

 

 

 

1,594

 

Balances at end of period, net of

   tax

 

$

(603

)

 

$

(17,110

)

 

$

(735

)

 

$

(18,448

)

Other comprehensive income (loss) components and related tax effects for the six-month periods are as follows:

 

 

 

Unrealized

Gains (Losses)

on Securities

Available for

Sale

 

 

Disproportionate

Tax Effect from

Securities

Available for

Sale

 

 

Losses on

Securities

Transferred

From

Available for

Sale

to Held to

Maturity

 

 

Total

 

June 30, 2018

 

(Dollars in thousands)

 

Balances at beginning of period, net of

   tax

 

$

(904

)

 

$

(17,110

)

 

$

(671

)

 

$

(18,685

)

Other comprehensive loss before

   reclassifications

 

 

(5,269

)

 

 

 

 

 

 

 

 

(5,269

)

Accretion of unrealized losses of

   securities transferred from available

   for sale to held to maturity recognized

   in other comprehensive income

 

 

 

 

 

 

 

 

61

 

 

 

61

 

Reclassification adjustment for gains

   realized in income

 

 

(184

)

 

 

 

 

 

 

 

 

(184

)

Net current period other comprehensive

   income

 

 

(5,453

)

 

 

 

 

 

61

 

 

 

(5,392

)

Balances at end of period, net of tax

 

$

(6,357

)

 

$

(17,110

)

 

$

(610

)

 

$

(24,077

)

 

 

 

Unrealized

Gains (Losses)

on Securities

Available for

Sale

 

 

Disproportionate

Tax Effect from

Securities

Available for

Sale

 

 

Losses on

Securities

Transferred

From

Available for

Sale

to Held to

Maturity

 

 

Total

 

June 30, 2017

 

(Dollars in thousands)

 

Balances at beginning of period,

   net of tax

 

$

(3,130

)

 

$

(17,110

)

 

$

(800

)

 

$

(21,040

)

Other comprehensive income

   before reclassifications

 

 

2,742

 

 

 

 

 

 

 

 

 

 

2,742

 

Accretion of unrealized losses

   of securities transferred

   from available for sale to

   held to maturity recognized

   in other comprehensive

   income

 

 

 

 

 

 

 

 

65

 

 

 

65

 

Reclassification adjustment

   for gains realized in income

 

 

(215

)

 

 

 

 

 

 

 

 

(215

)

Net current period other

   comprehensive income

 

 

2,527

 

 

 

 

 

 

65

 

 

 

2,592

 

Balances at end of period, net of

   tax

 

$

(603

)

 

$

(17,110

)

 

$

(735

)

 

$

(18,448

)

 

Summary of Reclassification Out of Each Component of Accumulated Comprehensive Income (Loss)

The following are significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the three months ended June 30, 2018:

 

Details About

 

Amount Reclassified

 

 

Affected Line Item on

Accumulated

 

From Accumulated

 

 

the Statement Where

Other Comprehensive

 

Other Comprehensive

 

 

Net Income is

Income Components

 

Income

 

 

Presented

 

 

(Dollars in thousands)

 

 

 

Realized net gains on the sale of available for sale securities

 

$

(94

)

 

Net gains on securities available for sale

 

 

 

20

 

 

Tax expense

Total reclassification during the period

 

$

(74

)

 

Net of tax, increase to net income

 

The following are significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the three months ended June 30, 2017:

 

Details About

 

Amount Reclassified

 

 

Affected Line Item on

Accumulated

 

From Accumulated

 

 

the Statement Where

Other Comprehensive

 

Other Comprehensive

 

 

Net Income is

Income Components

 

Income

 

 

Presented

 

 

(Dollars in thousands)

 

 

 

Realized net gains on the sale of available for sale securities

 

$

(301

)

 

Net gains on securities available for sale

 

 

 

105

 

 

Tax expense

Total reclassification during the period

 

$

(196

)

 

Net of tax, increase to net income

The following are significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the six months ended June 30, 2018:

 

Details About

 

Amount Reclassified

 

 

Affected Line Item on

Accumulated

 

From Accumulated

 

 

the Statement Where

Other Comprehensive

 

Other Comprehensive

 

 

Net Income is

Income Components

 

Income

 

 

Presented

 

 

(Dollars in thousands)

 

 

 

Realized net gains on the sale of available for sale securities

 

$

(233

)

 

Net gains on securities available for sale

 

 

 

49

 

 

Tax expense

Total reclassification during the period

 

$

(184

)

 

Net of tax

 

The following are significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the six months ended June 30, 2017:

 

Details About

 

Amount Reclassified

 

 

Affected Line Item on

Accumulated

 

From Accumulated

 

 

the Statement Where

Other Comprehensive

 

Other Comprehensive

 

 

Net Income is

Income Components

 

Income

 

 

Presented

 

 

(Dollars in thousands)

 

 

 

Realized net gains on the sale of available for sale securities

 

$

(330

)

 

Net gains on securities available for sale

 

 

 

115

 

 

Tax expense

Total reclassification during the period

 

$

(215

)

 

Net of tax, increase to net income