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Other Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Summary of Tax Effects
The following is a summary of the tax effects allocated to each component of other comprehensive income (in thousands):
 
 
Three Months Ended June 30,
 
 
2017
 
2016
 
 
Before Tax
Amount
 
Tax Effect
 
Net of Tax
Amount
 
Before Tax
Amount
 
Tax Effect
 
Net of Tax
Amount
Other comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
 
Securities available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
 
Change in unrealized gains during period
 
$
2,739

 
$
(959
)
 
$
1,780

 
$
2,060

 
$
(721
)
 
$
1,339

Reclassification adjustment for gains included in net income
 
(3
)
 
1

 
(2
)
 
(20
)
 
7

 
(13
)
Derivative instruments designated as cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
Change in fair value of derivative instruments designated as cash flow hedges
 
(136
)
 
48

 
(88
)
 

 

 

Total other comprehensive income
 
$
2,600

 
$
(910
)
 
$
1,690

 
$
2,040

 
$
(714
)
 
$
1,326

 
 
Six Months Ended June 30,
 
 
2017
 
2016
 
 
Before Tax
Amount
 
Tax Effect
 
Net of Tax
Amount
 
Before Tax
Amount
 
Tax Effect
 
Net of Tax
Amount
Other comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
 
Securities available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
 
Change in unrealized gains during period
 
$
3,559

 
$
(1,246
)
 
$
2,313

 
$
4,862

 
$
(1,701
)
 
$
3,161

Reclassification adjustment for gains included in net income
 
(9
)
 
3

 
(6
)
 
(20
)
 
7

 
(13
)
Derivative instruments designated as cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
Change in fair value of derivative instruments designated as cash flow hedges
 
(123
)
 
43

 
(80
)
 

 

 

Total other comprehensive income
 
$
3,427

 
$
(1,200
)
 
$
2,227

 
$
4,842

 
$
(1,694
)
 
$
3,148

Reclassification Out of Accumulated Other Comprehensive Income
The reclassifications out of accumulated other comprehensive income into net income are presented below (in thousands):
 
 
 
Three Months Ended June 30,
 
 
2017
 
2016
Details about
Accumulated Other
Comprehensive Income
Components
 
Reclassifications Out of
Accumulated Other
Comprehensive Income
 
Income Statement
Line Item
 
Reclassifications Out of
Accumulated Other
Comprehensive Income
 
Income Statement
 Line Item
Unrealized gains and losses on securities available-for-sale:
 
 
 
 
 
 
 
    
 
 
$
(3
)
 
Gain on sale of securities, net
 
$
(20
)
 
Gain on sale of securities, net
 
 
1

 
Tax expense
 
7

 
Tax expense
 
 
$
(2
)
 
Net of tax
 
$
(13
)
 
Net of tax
 
 
Six Months Ended June 30,
 
 
2017
 
2016
Details about
Accumulated Other
Comprehensive Income
Components
 
Reclassifications Out of
Accumulated Other
Comprehensive Income
 
Income Statement
Line Item
 
Reclassifications Out of
Accumulated Other
Comprehensive Income
 
Income Statement
 Line Item
Unrealized gains and losses on securities available-for-sale:
 
 
 
 
 
 
 
    
 
 
$
(9
)
 
Gain on sale of securities, net
 
$
(20
)
 
Gain on sale of securities, net
 
 
3

 
Tax expense
 
7

 
Tax expense
 
 
$
(6
)
 
Net of tax
 
$
(13
)
 
Net of tax