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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Shareholders’ equity is affected by transactions and valuations of asset and liability positions that require adjustments to accumulated other comprehensive income (loss).  The related tax effects allocated to other comprehensive income and reclassifications out of accumulated other comprehensive income (loss) are as follows:
 
 
Three months ended September 30, 2018
 
 
Total other comprehensive income (loss)
 
Total accumulated other
comprehensive income (loss)
(Dollars in thousands)
 
Prior to
reclass
 
Reclass
from
 
Pre-tax
 
Tax effect
 
Net of tax
 
Beginning balance
 
Net activity
 
Ending balance
Unrealized gain (loss) on debt securities
 
$
(13,138
)
 
$
(167
)
 
$
(12,971
)
 
$
2,786

 
$
(10,185
)
 
$
(19,179
)
 
$
(10,185
)
 
$
(29,364
)
Unrealized gain (loss) on derivatives
 
130

 
0

 
130

 
(31
)
 
99

 
(386
)
 
99

 
(287
)
Retirement obligation
 
0

 
(452
)
 
452

 
(105
)
 
347

 
(23,593
)
 
347

 
(23,246
)
Total
 
$
(13,008
)
 
$
(619
)
 
$
(12,389
)
 
$
2,650

 
$
(9,739
)
 
$
(43,158
)
 
$
(9,739
)
 
$
(52,897
)
 
 
Three months ended September 30, 2017
 
 
Total other comprehensive income (loss)
 
Total accumulated other
comprehensive income (loss)
(Dollars in thousands)
 
Prior to
reclass
 
Reclass
from
 
Pre-tax
 
Tax effect
 
Net of tax
 
Beginning balance
 
Net activity
 
Ending balance
Unrealized gain (loss) on debt securities
 
$
2,612

 
$
276

 
$
2,336

 
$
(835
)
 
$
1,501

 
$
1,014

 
$
1,501

 
$
2,515

Unrealized gain (loss) on derivatives
 
202

 
0

 
202

 
(73
)
 
129

 
(835
)
 
129

 
(706
)
Retirement obligation
 
0

 
(335
)
 
335

 
(122
)
 
213

 
(22,401
)
 
213

 
(22,188
)
Total
 
$
2,814

 
$
(59
)
 
$
2,873

 
$
(1,030
)
 
$
1,843

 
$
(22,222
)
 
$
1,843

 
$
(20,379
)
 
 
Nine months ended September 30, 2018
 
 
Total other comprehensive income
 
Total accumulated
other comprehensive income (loss)
(Dollars in thousands)
 
Prior to
reclass
 
Reclass
from
 
Pre-tax
 
Tax effect
 
Net of tax
 
Beginning balance
 
Net activity
 
Cumulative effect of accounting change
 
Ending balance
Unrealized gain (loss) on debt securities
 
$
(37,130
)
 
$
(197
)
 
$
(36,933
)
 
$
7,940

 
$
(28,993
)
 
$
(182
)
 
$
(28,993
)
 
$
(189
)
 
$
(29,364
)
Unrealized gain (loss) on derivatives
 
535

 
0

 
535

 
(121
)
 
414

 
(577
)
 
414

 
(124
)
 
(287
)
Retirement obligation
 
0

 
(1,323
)
 
1,323

 
(159
)
 
1,164

 
(19,631
)
 
1,164

 
(4,779
)
 
(23,246
)
Total
 
$
(36,595
)
 
$
(1,520
)
 
$
(35,075
)
 
$
7,660

 
$
(27,415
)
 
$
(20,390
)
 
$
(27,415
)
 
$
(5,092
)
 
$
(52,897
)
 
 
Nine months ended September 30, 2017
 
 
Total other comprehensive income
 
Total accumulated
other comprehensive income (loss)
(Dollars in thousands)
 
Prior to
reclass
 
Reclass
from
 
Pre-tax
 
Tax effect
 
Net of tax
 
Beginning balance
 
Net activity
 
Ending balance
Unrealized gain (loss) on debt securities
 
$
12,614

 
$
1,630

 
$
10,984

 
$
(3,920
)
 
$
7,064

 
$
(4,549
)
 
$
7,064

 
$
2,515

Unrealized gain (loss) on derivatives
 
607

 
0

 
607

 
(222
)
 
385

 
(1,091
)
 
385

 
(706
)
Retirement obligation
 
0

 
(1,005
)
 
1,005

 
(390
)
 
615

 
(22,803
)
 
615

 
(22,188
)
Total
 
$
13,221

 
$
625

 
$
12,596

 
$
(4,532
)
 
$
8,064

 
$
(28,443
)
 
$
8,064

 
$
(20,379
)


The following table presents the activity reclassified from accumulated other comprehensive income into income during the three and nine month periods ended September 30, 2018 and 2017, respectively:
 
 
Amount reclassified from
accumulated other comprehensive income (1)
 
 
 
 
Three months ended
 
Nine months ended
 
 
 
 
September 30,
 
September 30,
 
 
(Dollars in thousands)
 
2018
 
2017
 
2018
 
2017
 
Affected Line Item in the Consolidated Statements of Income
Realized gain (loss) on securities available-for-sale
 
$
(167
)
 
$
276

 
$
(197
)
 
$
1,630

 
Net gain (loss) on sales of investments securities
Defined benefit pension plan
 
 
 
 
 
 
 
 
Amortization of prior service cost (2)
 
104

 
103

 
310

 
310

 
Other noninterest expense (2018)
Salaries and employee benefits (2017)
Recognized net actuarial loss (2)
 
(556
)
 
(438
)
 
(1,633
)
 
(1,315
)
 
Other noninterest expense (2018)
Salaries and employee benefits (2017)
Defined benefit pension plan total
 
(452
)
 
(335
)
 
(1,323
)
 
(1,005
)
 
 
Total reclassifications for the period, before tax
 
$
(619
)
 
$
(59
)
 
$
(1,520
)
 
$
625

 
 
(1) Negative amounts are reductions to net income.
(2) Included in the computation of net periodic pension cost (see Note 12 - Employee Benefit Plans for additional details).