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Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2018
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss
The following table shows changes in accumulated other comprehensive income (loss) by component for the three and six month periods ended June 30, 2018 and 2017:
 
 
Unrealized Gains and Losses on Available-for-Sale Securities (1)
 
Unrealized Gains and Losses on Pension Plan Liability (1)
 
Total (1)
Three months ended June 30, 2018
 
(in thousands)
Beginning balance
 
$
(45,748
)
 
$
(2,385
)
 
$
(48,133
)
Other comprehensive loss before reclassifications
 
(7,845
)
 

 
(7,845
)
Amounts reclassified from accumulated other comprehensive loss
 
(4
)
 
61

 
57

Net current-period other comprehensive income (loss)
 
(7,849
)
 
61

 
(7,788
)
Ending balance
 
$
(53,597
)
 
$
(2,324
)
 
$
(55,921
)
Three months ended June 30, 2017
 
 
 
 
 
 
Beginning balance
 
$
(11,002
)
 
$
(1,604
)
 
$
(12,606
)
Other comprehensive income before reclassifications
 
6,033

 

 
6,033

Amounts reclassified from accumulated other comprehensive income
 

 
45

 
45

Net current-period other comprehensive income
 
6,033

 
45

 
6,078

Ending balance
 
$
(4,969
)
 
$
(1,559
)
 
$
(6,528
)
Six months ended June 30, 2018
 
 
 
 
 
 
Beginning balance
 
$
(19,779
)
 
$
(2,446
)
 
$
(22,225
)
Adjustment pursuant to adoption of ASU 2016-01
 
157

 

 
157

Other comprehensive loss before reclassifications
 
(33,893
)
 

 
(33,893
)
Amounts reclassified from accumulated other comprehensive income
 
(82
)
 
122

 
40

Net current-period other comprehensive income (loss)
 
(33,975
)
 
122

 
(33,853
)
Ending balance
 
$
(53,597
)
 
$
(2,324
)
 
$
(55,921
)
Six months ended June 30, 2017
 
 
 
 
 
 
Beginning balance
 
$
(12,704
)
 
$
(6,295
)
 
$
(18,999
)
Other comprehensive income before reclassifications
 
7,735

 
4,604

 
12,339

Amounts reclassified from accumulated other comprehensive income
 

 
132

 
132

Net current-period other comprehensive income
 
7,735

 
4,736

 
12,471

Ending balance
 
$
(4,969
)
 
$
(1,559
)
 
$
(6,528
)
__________
(1) All amounts are net of tax. Amounts in parenthesis indicate debits.
The following table shows details regarding the reclassifications from accumulated other comprehensive income (loss) for the three and six month periods ended June 30, 2018 and 2017:
 
 
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
Affected line Item in the Consolidated
 
 
2018
 
2017
 
2018
 
2017
 
Statement of Income
 
 
(in thousands)
 
 
Unrealized gains and losses on available-for-sale debt securities
 
 
 
 
 
 
 
 
 
 
Investment securities gains, net
 
$
5

 
$

 
$
107

 
$

 
Investment securities losses, net
 
 
5

 

 
107

 

 
Total before tax
 
 
(1
)
 

 
(25
)
 

 
Income tax provision
 
 
$
4

 
$

 
$
82

 
$

 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Amortization of pension plan liability
 
 
 
 
 
 
 
 
 
 
Actuarial losses
 
$
(80
)
 
$
(71
)
 
$
(160
)
 
$
(207
)
 
Compensation and employee benefits
 
 
(80
)
 
(71
)
 
(160
)
 
(207
)
 
Total before tax
 
 
19

 
26

 
38

 
75

 
Income tax benefit
 
 
$
(61
)
 
$
(45
)
 
$
(122
)
 
$
(132
)
 
Net of tax