Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2018

Equity [Abstract]

Other Comprehensive Income (Loss)

Other Comprehensive Income (Loss)

The following tables present the activity in other comprehensive income (loss):

Three months ended March 31,	2018									2017
(Dollars in thousands)	Pre-tax Amounts			Income Taxes			Net of Tax			Pre-tax Amounts			Income Taxes			Net of Tax
Securities available for sale:
Changes in fair value of securities available for sale		($13,613	)		($3,199	)		($10,414	)		$636			$235			$401
Net gains on securities reclassified into earnings	—			—			—			—			—			—
Net change in fair value of securities available for sale		($13,613	)		($3,199	)		($10,414	)		$636			$235			$401
Cash flow hedges:
Change in fair value of cash flow hedges	803			91			712			26			14			12
Net cash flow hedge losses reclassified into earnings (1)	231			54			177			136			50			86
Net change in fair value of cash flow hedges	1,034			145			889			162			64			98
Defined benefit plan obligations:
Defined benefit plan obligation adjustment	—			—			—			—			—			—
Amortization of net actuarial losses (2)	476			112			364			344			127			217
Amortization of net prior service credits (2)	(6		)	(2		)	(4		)	(6		)	(2		)	(4		)
Net change in defined benefit plan obligations	470			110			360			338			125			213
Total other comprehensive (loss) income		($12,109	)		($2,944	)		($9,165	)		$1,136			$424			$712

(1) The pre-tax amounts are included in interest expense on Federal Home Loan Bank advances, interest expense on junior subordinated debentures and interest and fees on loans in the Unaudited Consolidated Statements of Income.

(2) The pre-tax amounts are included in other expenses in the Unaudited Consolidated Statements of Income.

The following tables present the changes in accumulated other comprehensive income (loss) by component, net of tax:

(Dollars in thousands)	Net Unrealized Losses on Available For Sale Securities			Net Unrealized (Losses) Gains on Cash Flow Hedges			Pension Benefit Adjustment			Total
Balance at December 31, 2017		($7,534	)		($428	)		($15,548	)		($23,510	)
Other comprehensive (loss) income before reclassifications	(10,414		)	712			—			(9,702		)
Amounts reclassified from accumulated other comprehensive income	—			177			360			537
Net other comprehensive (loss) income	(10,414		)	889			360			(9,165		)
Balance at March 31, 2018		($17,948	)		$461			($15,188	)		($32,675	)

(Dollars in thousands)	Net Unrealized Losses on Available For Sale Securities			Net Unrealized Losses on Cash Flow Hedges			Pension Benefit Adjustment			Total
Balance at December 31, 2016		($6,825	)		($300	)		($12,632	)		($19,757	)
Other comprehensive income before reclassifications	401			12			—			413
Amounts reclassified from accumulated other comprehensive income	—			86			213			299
Net other comprehensive income	401			98			213			712
Balance at March 31, 2017		($6,424	)		($202	)		($12,419	)		($19,045	)