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Supplemental Comprehensive Income Disclosures

9 Months Ended

Sep. 30, 2020

Supplemental Comprehensive Income Disclosures [Abstract]

Reclassification out of Accumulated Other Comprehensive Income

The following table identifies the related tax effects allocated to each component of other comprehensive income (“OCI”) in the unaudited Consolidated Statements of Comprehensive Income. Reclassification adjustments related to securities available for sale are included in the "Net securities gains" line and reclassification adjustments related to losses on derivatives are included in the "Other operating" line in the unaudited Consolidated Statements of Income.


	For the Nine Months Ended September 30,
	2020						2019
	Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount		Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount
	(dollars in thousands)
Unrealized gains on securities:
Unrealized holding gains on securities arising during the period	$	22,069	$	(4,635)	$	17,434	$	22,055	$	(4,632)	$	17,423

Reclassification adjustment for gains on securities included in net income	(47)		10		(37)		(15)		3		(12)
Total unrealized gains on securities	22,022		(4,625)		17,397		22,040		(4,629)		17,411
Unrealized (losses) gains on derivatives:
Unrealized holding (losses) gains on derivatives arising during the period	(4,892)		1,027		(3,865)		9		(2)		7
Reclassification adjustment for losses on derivatives included in net income	—		—		—		—		—		—
Total unrealized (losses) gains on derivatives	(4,892)		1,027		(3,865)		9		(2)		7




Total other comprehensive income	$	17,130	$	(3,598)	$	13,532	$	22,049	$	(4,631)	$	17,418



	For the Three Months Ended September 30,
	2020						2019
	Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount		Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount
	(dollars in thousands)
Unrealized (losses) gains on securities:
Unrealized holding (losses) gains on securities arising during the period	$	(3,256)	$	684	$	(2,572)	$	3,152	$	(663)	$	2,489

Reclassification adjustment for gains on securities included in net income	(20)		4		(16)		(9)		2		(7)
Total unrealized (losses) gains on securities	(3,276)		688		(2,588)		3,143		(661)		2,482
Unrealized gains (losses) on derivatives:
Unrealized holding gains (losses) on derivatives arising during the period	225		(48)		177		(124)		26		(98)
Reclassification adjustment for losses on derivatives included in net income	—		—		—		—		—		—
Total unrealized gains (losses) on derivatives	225		(48)		177		(124)		26		(98)




Total other comprehensive (loss) income	$	(3,051)	$	640	$	(2,411)	$	3,019	$	(635)	$	2,384

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table details the change in components of OCI for the nine months ended September 30:


	2020								2019
	Securities Available for Sale		Post-Retirement Obligation		Derivatives		Accumulated Other Comprehensive Income (Loss)		Securities Available for Sale		Post-Retirement Obligation		Derivatives		Accumulated Other Comprehensive Income (Loss)
	(dollars in thousands)
Balance at December 31	$	4,580	$	365	$	634	$	5,579	$	(11,697)	$	461	$	(105)	$	(11,341)


Other comprehensive income before reclassification adjustment	17,434		—		(3,865)		13,569		17,423		—		7		17,430
Amounts reclassified from accumulated other comprehensive (loss) income	(37)		—		—		(37)		(12)		—		—		(12)
Net other comprehensive income during the period	17,397		—		(3,865)		13,532		17,411		—		7		17,418
Balance at September 30	$	21,977	$	365	$	(3,231)	$	19,111	$	5,714	$	461	$	(98)	$	6,077

The following table details the change in components of OCI for the three months ended September 30:




	2020								2019
	Securities Available for Sale		Post-Retirement Obligation		Derivatives		Accumulated Other Comprehensive Income (Loss)		Securities Available for Sale		Post-Retirement Obligation		Derivatives		Accumulated Other Comprehensive Income (Loss)
	(dollars in thousands)
Balance at June 30	$	24,565	$	365	$	(3,408)	$	21,522	$	3,232	$	461	$	—	$	3,693


Other comprehensive (loss) income before reclassification adjustment	(2,572)		—		177		(2,395)		2,489		—		(98)		2,391
Amounts reclassified from accumulated other comprehensive (loss) income	(16)		—		—		(16)		(7)		—		—		(7)
Net other comprehensive (loss) income during the period	(2,588)		—		177		(2,411)		2,482		—		(98)		2,384
Balance at September 30	$	21,977	$	365	$	(3,231)	$	19,111	$	5,714	$	461	$	(98)	$	6,077

Comprehensive Income (Loss) Note

Supplemental Comprehensive Income Disclosures


	For the Nine Months Ended September 30,
	2020						2019
	Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount		Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount
	(dollars in thousands)
Unrealized gains on securities:
Unrealized holding gains on securities arising during the period	$	22,069	$	(4,635)	$	17,434	$	22,055	$	(4,632)	$	17,423

Reclassification adjustment for gains on securities included in net income	(47)		10		(37)		(15)		3		(12)
Total unrealized gains on securities	22,022		(4,625)		17,397		22,040		(4,629)		17,411
Unrealized (losses) gains on derivatives:
Unrealized holding (losses) gains on derivatives arising during the period	(4,892)		1,027		(3,865)		9		(2)		7
Reclassification adjustment for losses on derivatives included in net income	—		—		—		—		—		—
Total unrealized (losses) gains on derivatives	(4,892)		1,027		(3,865)		9		(2)		7




Total other comprehensive income	$	17,130	$	(3,598)	$	13,532	$	22,049	$	(4,631)	$	17,418



	For the Three Months Ended September 30,
	2020						2019
	Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount		Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount
	(dollars in thousands)
Unrealized (losses) gains on securities:
Unrealized holding (losses) gains on securities arising during the period	$	(3,256)	$	684	$	(2,572)	$	3,152	$	(663)	$	2,489

Reclassification adjustment for gains on securities included in net income	(20)		4		(16)		(9)		2		(7)
Total unrealized (losses) gains on securities	(3,276)		688		(2,588)		3,143		(661)		2,482
Unrealized gains (losses) on derivatives:
Unrealized holding gains (losses) on derivatives arising during the period	225		(48)		177		(124)		26		(98)
Reclassification adjustment for losses on derivatives included in net income	—		—		—		—		—		—
Total unrealized gains (losses) on derivatives	225		(48)		177		(124)		26		(98)




Total other comprehensive (loss) income	$	(3,051)	$	640	$	(2,411)	$	3,019	$	(635)	$	2,384

The following table details the change in components of OCI for the nine months ended September 30:


	2020								2019
	Securities Available for Sale		Post-Retirement Obligation		Derivatives		Accumulated Other Comprehensive Income (Loss)		Securities Available for Sale		Post-Retirement Obligation		Derivatives		Accumulated Other Comprehensive Income (Loss)
	(dollars in thousands)
Balance at December 31	$	4,580	$	365	$	634	$	5,579	$	(11,697)	$	461	$	(105)	$	(11,341)


Other comprehensive income before reclassification adjustment	17,434		—		(3,865)		13,569		17,423		—		7		17,430
Amounts reclassified from accumulated other comprehensive (loss) income	(37)		—		—		(37)		(12)		—		—		(12)
Net other comprehensive income during the period	17,397		—		(3,865)		13,532		17,411		—		7		17,418
Balance at September 30	$	21,977	$	365	$	(3,231)	$	19,111	$	5,714	$	461	$	(98)	$	6,077

The following table details the change in components of OCI for the three months ended September 30:




	2020								2019
	Securities Available for Sale		Post-Retirement Obligation		Derivatives		Accumulated Other Comprehensive Income (Loss)		Securities Available for Sale		Post-Retirement Obligation		Derivatives		Accumulated Other Comprehensive Income (Loss)
	(dollars in thousands)
Balance at June 30	$	24,565	$	365	$	(3,408)	$	21,522	$	3,232	$	461	$	—	$	3,693


Other comprehensive (loss) income before reclassification adjustment	(2,572)		—		177		(2,395)		2,489		—		(98)		2,391
Amounts reclassified from accumulated other comprehensive (loss) income	(16)		—		—		(16)		(7)		—		—		(7)
Net other comprehensive (loss) income during the period	(2,588)		—		177		(2,411)		2,482		—		(98)		2,384
Balance at September 30	$	21,977	$	365	$	(3,231)	$	19,111	$	5,714	$	461	$	(98)	$	6,077