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Other Comprehensive (Loss) Income
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Other Comprehensive (Loss) Income
OTHER COMPREHENSIVE (LOSS) INCOME

The following is a summary of the tax effects allocated to each component of other comprehensive (loss) income (in thousands):
 
 
Three Months Ended September 30,
 
 
2018
 
2017
 
 
Before Tax
Amount
 
Tax Effect
 
Net of Tax
Amount
 
Before Tax
Amount
 
Tax Effect
 
Net of Tax
Amount
Other comprehensive (loss) income:
 
 
 
 
 
 
 
 
 
 
 
 
Securities available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
 
Change in unrealized gains/losses during period
 
$
(2,025
)
 
$
425

 
$
(1,600
)
 
$
(335
)
 
$
118

 
$
(217
)
Reclassification adjustment for gains included in net income
 

 

 

 
(338
)
 
119

 
(219
)
Derivative instruments designated as cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
Change in fair value of derivative instruments designated as cash flow hedges
 
109

 
(23
)
 
86

 
(7
)
 
2

 
(5
)
Reclassification adjustment for gains included in net income
 
(74
)
 
16

 
(58
)
 
(4
)
 
1

 
(3
)
Total other comprehensive (loss) income
 
$
(1,990
)
 
$
418

 
$
(1,572
)
 
$
(684
)
 
$
240

 
$
(444
)
 
 
Nine Months Ended September 30,
 
 
2018
 
2017
 
 
Before Tax
Amount
 
Tax Effect
 
Net of Tax
Amount
 
Before Tax
Amount
 
Tax Effect
 
Net of Tax
Amount
Other comprehensive (loss) income:
 
 
 
 
 
 
 
 
 
 
 
 
Securities available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
 
Change in unrealized gains/losses during period
 
$
(6,946
)
 
$
1,459

 
$
(5,487
)
 
$
3,224

 
$
(1,128
)
 
$
2,096

Reclassification adjustment for gains included in net income
 

 

 

 
(347
)
 
121

 
(226
)
Derivative instruments designated as cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
Change in fair value of derivative instruments designated as cash flow hedges
 
610

 
(128
)
 
482

 
(130
)
 
46

 
(84
)
Reclassification adjustment for gains included in net income
 
(176
)
 
37

 
(139
)
 
(4
)
 
1

 
(3
)
Total other comprehensive (loss) income
 
$
(6,512
)
 
$
1,368

 
$
(5,144
)
 
$
2,743

 
$
(960
)
 
$
1,783

 
The reclassifications out of accumulated other comprehensive (loss) income into net income are presented below (in thousands):
 
 
 
Three Months Ended September 30,
 
 
2018
 
2017
Details about
Accumulated Other
Comprehensive (Loss) Income
Components
 
Reclassifications Out of
Accumulated Other
Comprehensive (Loss) Income
 
Income Statement
Line Item
 
Reclassifications Out of
Accumulated Other
Comprehensive (Loss) Income
 
Income Statement
 Line Item
Unrealized gains and losses on securities available-for-sale:
 
 
 
 
 
 
 
    
 
 
$

 
Gain on sale of securities, net
 
$
(338
)
 
Gain on sale of securities, net
 
 

 
Tax expense
 
119

 
Tax expense
 
 
$

 
Net of tax
 
$
(219
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Gains on derivative instruments:
 
 
 
 
 
 
 
 
 
 
$
(74
)
 
Interest expense
 
$
(4
)
 
Interest expense
 
 
14

 
Tax expense
 
1

 
Tax expense
 
 
$
(60
)
 
Net of tax
 
$
(3
)
 
Net of tax
 
 
 
 
Nine Months Ended September 30,
 
 
2018
 
2017
Details about
Accumulated Other
Comprehensive (Loss) Income
Components
 
Reclassifications Out of
Accumulated Other
Comprehensive (Loss) Income
 
Income Statement
Line Item
 
Reclassifications Out of
Accumulated Other
Comprehensive (Loss) Income
 
Income Statement
 Line Item
Unrealized gains and losses on securities available-for-sale:
 
 
 
 
 
 
 
    
 
 
$

 
Gain on sale of securities, net
 
$
(347
)
 
Gain on sale of securities, net
 
 

 
Tax expense
 
121

 
Tax expense
 
 
$

 
Net of tax
 
$
(226
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Gains on derivative instruments:
 
 
 
 
 
 
 
 
 
 
$
(176
)
 
Interest expense
 
$
(4
)
 
Interest expense
 
 
37

 
Tax expense
 
1

 
Tax expense
 
 
$
(139
)
 
Net of tax
 
$
(3
)
 
Net of tax