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Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 
The following table summarizes the changes in the balances of each component of accumulated other comprehensive income (loss), net of tax, as of March 31, 2020 and 2019:
 
Accumulated Other Comprehensive Income (Loss)
 
Unrealized Gains (Losses) on Securities Available for Sale
 
Unrealized Gains (Losses) on Cash Flow Hedges
 
Unrealized Gains (Losses) on Defined Benefit Plans
 
Total
Balance at December 31, 2019
$
38,872

 
$
(1,141
)
 
$
(9,857
)
 
$
27,874

Other comprehensive income before reclassifications
30,364

 
(1,038
)
 

 
29,326

Amounts reclassified from accumulated other comprehensive income
(3,643
)
 
99

 

 
(3,544
)
Period change
26,721

 
(939
)
 

 
25,782

Balance at March 31, 2020
$
65,593

 
$
(2,080
)
 
$
(9,857
)
 
$
53,656

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2018
$
(6,343
)
 
$
(559
)
 
$
(14,520
)
 
$
(21,422
)
Other comprehensive income before reclassifications
20,990

 
(309
)
 

 
20,681

Amounts reclassified from accumulated other comprehensive income
(901
)
 
47

 

 
(854
)
Period change
20,089

 
(262
)
 

 
19,827

Balance at March 31, 2019
$
13,746

 
$
(821
)
 
$
(14,520
)
 
$
(1,595
)




The following tables present the reclassification adjustments out of accumulated other comprehensive income (loss) that were included in net income in the Consolidated Condensed Statements of Income for the three months ended March 31, 2020 and 2019.
 
 
Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Three Months Ended March 31,
 
 
Details about Accumulated Other Comprehensive Income (Loss) Components
 
2020
 
2019
 
Affected Line Item in the Statements of Income
Unrealized gains (losses) on available for sale securities (1)
 
 
 
 
 
 
Realized securities gains reclassified into income
 
$
4,612

 
$
1,140

 
Other income - net realized gains on sales of available for sale securities
Related income tax expense
 
(969
)
 
(239
)
 
Income tax expense
 
 
$
3,643

 
$
901

 
 
 
 
 
 
 
 
 
Unrealized gains (losses) on cash flow hedges (2)
 
 
 
 
 
 
Interest rate contracts
 
$
(125
)
 
$
(59
)
 
Interest expense - subordinated debentures and term loans
Related income tax benefit
 
26

 
12

 
Income tax expense
 
 
$
(99
)
 
$
(47
)
 
 
 
 
 
 
 
 
 
Total reclassifications for the period, net of tax
 
$
3,544

 
$
854

 
 
 
 
 
 
 
 
 

(1) For additional detail related to unrealized gains (losses) on available for sale securities and related amounts reclassified from accumulated other comprehensive income see NOTE 3. INVESTMENT SECURITIES of these Notes to Consolidated Condensed Financial Statements.
(2) For additional detail related to unrealized gains (losses) on cash flow hedges and related amounts reclassified from accumulated other comprehensive income see NOTE 8. DERIVATIVE FINANCIAL INSTRUMENTS of these Notes to Consolidated Condensed Financial Statements.