XML 49 R39.htm IDEA: XBRL DOCUMENT v3.10.0.1
Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Activity in Other Comprehensive Income (Loss)
The following tables present the activity in other comprehensive income (loss):
 
 
 
 
 
 
 
 
Three months ended September 30,
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

($5,924
)

($1,393
)

($4,531
)
 

$1,736


$642


$1,094

Net gains on securities reclassified into earnings
—

—

—

 
—

—

—

Net change in fair value of securities available for sale
(5,924
)
(1,393
)
(4,531
)
 
1,736

642

1,094

Cash flow hedges:
 
 
 
 
 
 
 
Change in fair value of cash flow hedges
(626
)
(148
)
(478
)
 
(237
)
(83
)
(154
)
Net cash flow hedge losses reclassified into earnings (1)
830

197

633

 
224

83

141

Net change in fair value of cash flow hedges
204

49

155

 
(13
)
—

(13
)
Defined benefit plan obligations:
 
 
 
 
 
 
 
Defined benefit plan obligation adjustment
—

—

—

 
—

—

—

Amortization of net actuarial losses (2)
477

112

365

 
355

134

221

Amortization of net prior service credits (2)
(6
)
(2
)
(4
)
 
(6
)
(2
)
(4
)
Net change in defined benefit plan obligations
471

110

361

 
349

132

217

Total other comprehensive (loss) income

($5,249
)

($1,234
)

($4,015
)
 

$2,072


$774


$1,298

(1)
The pre-tax amounts are included in interest expense on FHLB 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.
 
 
 
 
 
 
 
 
Nine months ended September 30,
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

($23,605
)

($5,548
)

($18,057
)
 

$5,274


$1,951


$3,323

Net gains on securities reclassified into earnings
—

—

—

 
—

—

—

Net change in fair value of securities available for sale
(23,605
)
(5,548
)
(18,057
)
 
5,274

1,951

3,323

Cash flow hedges:
 
 
 
 
 
 
 
Change in fair value of cash flow hedges
632

50

582

 
(1,064
)
(361
)
(703
)
Net cash flow hedge losses reclassified into earnings (1)
1,082

255

827

 
539

200

339

Net change in fair value of cash flow hedges
1,714

305

1,409

 
(525
)
(161
)
(364
)
Defined benefit plan obligations:
 
 
 
 
 
 
 
Defined benefit plan obligation adjustment
—

—

—

 
(407
)
(150
)
(257
)
Amortization of net actuarial losses (2)
1,430

337

1,093

 
1,105

411

694

Amortization of net prior service credits (2)
(17
)
(5
)
(12
)
 
(17
)
(7
)
(10
)
Net change in defined benefit plan obligations
1,413

332

1,081

 
681

254

427

Total other comprehensive (loss) income

($20,478
)

($4,911
)

($15,567
)
 

$5,430


$2,044


$3,386


(1)
The pre-tax amounts are included in interest expense on FHLB 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.
Components of Accumulated Other Comprehensive Income (Loss)
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
(18,057
)
 
582

 
—

 
(17,475
)
Amounts reclassified from accumulated other comprehensive income
—

 
827

 
1,081

 
1,908

Net other comprehensive (loss) income
(18,057
)
 
1,409

 
1,081

 
(15,567
)
Balance at September 30, 2018

($25,591
)
 

$981

 

($14,467
)
 

($39,077
)


(Dollars in thousands)
Net Unrealized (Losses) Gains 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 (loss) before reclassifications
3,323

 
(703
)
 
—

 
2,620

Amounts reclassified from accumulated other comprehensive income
—

 
339

 
427

 
766

Net other comprehensive income (loss)
3,323

 
(364
)
 
427

 
3,386

Balance at September 30, 2017

($3,502
)
 

($664
)
 

($12,205
)
 

($16,371
)