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Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2019
Accumulated Other Comprehensive Income [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
Accumulated Other Comprehensive Income
The following table shows changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2019, 2018 and 2017:
 
 
Unrealized Gains and Losses on Available for Sale Securities (1)
 
Unrealized Gains and Losses on Pension Plan Liability (1)
 
Unrealized Gains and Losses on Hedging Instruments (1)
 
Total (1)
Year Ended December 31, 2019
 
(in thousands)
Beginning balance
 
$
(33,128
)
 
$
(2,177
)
 
$
—

 
$
(35,305
)
Other comprehensive income (loss) before reclassifications
 
67,802

 
(2,042
)
 
11,760

 
77,520

Amounts reclassified from accumulated other comprehensive loss (2)
 
(1,636
)
 
245

 
(457
)
 
(1,848
)
Net current-period other comprehensive income (loss)
 
66,166

 
(1,797
)
 
11,303

 
75,672

Ending balance
 
$
33,038

 
$
(3,974
)
 
$
11,303

 
$
40,367

Year Ended December 31, 2018
 
 
 
 
 
 
 
 
Beginning balance
 
$
(19,779
)
 
$
(2,446
)
 
$
—

 
$
(22,225
)
Adjustment pursuant to adoption of ASU 2016-01
 
157

 
—

 
—

 
157

Other comprehensive income (loss) before reclassifications
 
(13,425
)
 
24

 
—

 
(13,401
)
Amounts reclassified from accumulated other comprehensive loss (2)
 
(81
)
 
245

 
—

 
164

Net current-period other comprehensive income (loss)
 
(13,506
)
 
269

 
—

 
(13,237
)
Ending balance
 
$
(33,128
)
 
$
(2,177
)
 
$
—

 
$
(35,305
)
Year Ended December 31, 2017
 
 
 
 
 
 
 
 
Beginning balance
 
$
(12,704
)
 
$
(6,295
)
 
$
—

 
$
(18,999
)
Other comprehensive income (loss) before reclassifications
 
(3,391
)
 
4,017

 
—

 
626

Amounts reclassified from accumulated other comprehensive loss (2)
 
7

 
223

 
—

 
230

Net current-period other comprehensive income (loss)
 
(3,384
)
 
4,240

 
—

 
856

Adjustment pursuant to adoption of ASU 2018-02
 
$
(3,691
)
 
$
(391
)
 
$
—

 
$
(4,082
)
Ending balance
 
$
(19,779
)
 
$
(2,446
)
 
$
—

 
$
(22,225
)
__________
(1) All amounts are net of tax. Amounts in parenthesis indicate debits.
(2) See following table for details about these reclassifications.
In December 2017, the Company made an election to reclassify income tax effects related to the Tax Cuts and Jobs Act of $4.1 million from accumulated other comprehensive income to retained earnings. The Company uses the portfolio approach to account for the tax consequences of amounts reported in OCI.
The following table shows details regarding the reclassifications from accumulated other comprehensive income for the years ended December 31, 2019, 2018 and 2017:
 
 
Amount Reclassified from Accumulated Other Comprehensive Income
 
Affected line Item in the Consolidated Statement of Income
 
 
Years Ended December 31,
 
 
 
 
2019
 
2018
 
2017
 
 
 
 
(in thousands)
 
 
Unrealized gains and losses on available for sale debt securities
 
$
2,132

 
$
106

 
$
(11
)
 
Investment securities gains (losses), net
 
 
2,132

 
106

 
(11
)
 
Total before tax
 
 
(496
)
 
(25
)
 
4

 
Income tax provision
 
 
$
1,636

 
$
81

 
$
(7
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Amortization of pension plan liability actuarial losses
 
$
(319
)
 
$
(319
)
 
$
(350
)
 
Compensation and employee benefits
 
 
(319
)
 
(319
)
 
(350
)
 
Total before tax
 
 
74

 
74

 
127

 
Income tax provision
 
 
$
(245
)
 
$
(245
)
 
$
(223
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Unrealized gains from hedging instruments
 
$
595

 
$
—

 
$
—

 
Loans
 
 
595

 
—

 
—

 
Total before tax
 
 
(138
)
 
—

 
—

 
Income tax provision
 
 
$
457

 
$
—

 
$
—

 
Net of tax