Comprehensive Income

6 Months Ended

Jun. 30, 2019

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Comprehensive Income

Note 8. Comprehensive Income

Total comprehensive income includes all changes in equity during a period from transactions and other events and circumstances from nonowner sources. The Company’s other comprehensive income (loss) is comprised of unrealized holding gains and losses on securities available-for-sale, unrealized gains (losses) on cash flow hedges, obligations for defined benefit pension plan and an adjustment to reflect the curtailment of the Company’s defined benefit pension plan, net of taxes.

The following table represents the reclassification out of accumulated other comprehensive (loss) income for the periods presented:

Details about Accumulated Other	Amounts Reclassified from Accumulated												Affected Line item in the
Comprehensive Loss Components	Other Comprehensive Income												Statement Where Net Income is Presented
	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2019			2018			2019			2018
	(dollars in thousands)
Sale of investment securities available for sale	$	(9	)	$	-		$	(1	)	$	-		Net losses on sale of securities available-for-sale
		2			-			-			-		Income tax benefit
		(7	)		-			(1	)		-
Amortization of pension plan net actuarial losses		(90	)		(92	)		(179	)		(183	)	Other components of net periodic pension expense.
		25			26			50			51		Income tax benefit
		(65	)		(66	)		(129	)		(132	)
Total reclassification	$	(72	)	$	(66	)	$	(130	)	$	(132	)

Accumulated other comprehensive loss at June 30, 2019 and December 31, 2018 consisted of the following:

	June 30,			December 31,
	2019			2018
	(dollars in thousands)
Investment securities available-for-sale, net of tax	$	1,268		$	(5,841	)
Cash flow hedge, net of tax		(89	)		837
Defined benefit pension and post-retirement plans, net of tax		(4,060	)		(3,785	)
Total	$	(2,881	)	$	(8,789	)