ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Dec. 31, 2019

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 21 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for December 31, 2019 and 2018 all shown net of tax:

	Unrealized
	Gains and
	(Losses) on		Defined
	Available-		Benefit
	for-Sales		Pension
(dollars in thousands)	Securities		Items		Total
Balance at December 31, 2018	$	(4,796)	$	(1,395)	$	(6,191)
Other comprehensive income (loss) before reclassification		18,515		(306)		18,209
Amounts reclassified from accumulated other comprehensive income (loss)		(112)		153		41
Net current period other comprehensive income (loss)		18,403		(153)		18,250
Balance at December 31, 2019	$	13,607	$	(1,548)	$	12,059

	Unrealized
	Gains and
	(Losses) on		Defined
	Available-		Benefit
	for-Sales		Pension
(dollars in thousands)	Securities		Items		Total
Balance at December 31, 2017	$	784	$	(1,454)	$	(670)
Other comprehensive income (loss) before reclassification		(5,691)		175		(5,516)
Amounts reclassified from accumulated other comprehensive income (loss)		39		197		236
Net current period other comprehensive income (loss)		(5,652)		372		(5,280)
Adoption of ASU 2018-02		140		(313)		(173)
Adoption of ASU 2016-01		(68)		0		(68)
Balance at December 31, 2018	$	(4,796)	$	(1,395)	$	(6,191)

NOTE 21 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (continued)

Reclassifications out of accumulated comprehensive income for the years ended December 31, 2019, 2018 and 2017 are as follows:

Details about	Amount		Affected Line Item
Accumulated Other	Reclassified From		in the Statement
Comprehensive	Accumulated Other		Where Net
Income (Loss) Components	Comprehensive Income (Loss)		Income is Presented
2019
(dollars in thousands)
Realized gains and losses on available-for-sale securities	$	142	Net securities gains (losses)
Tax effect		(30)	Income tax expense
Subtotal		112	Net of tax
Amortization of defined benefit pension items(1)		(205)	Salaries and employee benefits
Tax effect		52	Income tax expense
Subtotal		(153)	Net of tax
Total reclassifications for the period	$	(41)	Net income
2018
(dollars in thousands)
Realized gains and losses on available-for-sale securities	$	(50)	Net securities gains (losses)
Tax effect		11	Income tax expense
Subtotal		(39)	Net of tax
Amortization of defined benefit pension items(1)		(266)	Salaries and employee benefits
Tax effect		69	Income tax expense
Subtotal		(197)	Net of tax
Total reclassifications for the period	$	(236)	Net income
2017
(dollars in thousands)
Realized gains and losses on available-for-sale securities	$	32	Net securities gains (losses)
Tax effect		(13)	Income tax expense
Subtotal		19	Net of tax
Amortization of defined benefit pension items(1)		(265)	Salaries and employee benefits
Tax effect		104	Income tax expense
Subtotal		(161)	Net of tax
Total reclassifications for the period	$	(142)	Net income

(1) Included in the computation of net pension plan expense as more fully discussed in Note 11 – Pension and Other Postretirement Plans.