XML 44 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1
Tax Effects on Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
TAX EFFECTS ON OTHER COMPREHENSIVE INCOME (LOSS)
TAX EFFECTS ON OTHER COMPREHENSIVE INCOME (LOSS)
The following tables present the tax effects of the components of other comprehensive income (loss) for the years ended December 31:
(dollars in thousands)
Pre-Tax
Amount

 
Tax (Expense)
Benefit

 
Net of Tax
Amount

2018
 
 
 
 
 
Net change in unrealized (losses)/gains on debt securities available-for sale (1)
$
(6,794
)
 
$
1,449

 
$
(5,345
)
Net available-for-sale securities losses reclassified into earnings
—

 
—

 
—

Adjustment to funded status of employee benefit plans
6,297

 
(1,343
)
 
4,954

Other Comprehensive Loss
$
(497
)
 
$
106

 
$
(391
)
2017
 
 
 
 
 
Net change in unrealized gains on securities available-for-sale
$
(1,275
)
 
$
448

 
$
(827
)
Net available-for-sale securities losses reclassified into earnings
(3,000
)
 
1,054

 
(1,946
)
Adjustment to funded status of employee benefit plans
(1,992
)
 
122

 
(1,870
)
Other Comprehensive Loss
$
(6,267
)
 
$
1,624

 
$
(4,643
)
2016
 
 
 
 
 
Net change in unrealized gains on securities available-for-sale
$
(2,899
)
 
$
1,006

 
$
(1,893
)
Net available-for-sale securities gains reclassified into earnings
—

 
—

 
—

Adjustment to funded status of employee benefit plans
6,974

 
(2,408
)
 
4,566

Other Comprehensive Income
$
4,075

 
$
(1,402
)
 
$
2,673


(1) Due to the adoption of ASU No. 2016-01, net unrealized gains on marketable equity securities were reclassified from accumulated other comprehensive income to retained earnings during the three months ended March 31, 2018. The prior period data was not restated; as such, the change in unrealized gains on marketable securities is combined with the change in net unrealized gains on debt securities for the prior periods ended December 31, 2017 and 2016.