Changes in and Reclassifications From Accumulated Other Comprehensive Income ("AOCI")

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Changes in and Reclassifications From Accumulated Other Comprehensive Income ("AOCI")

15. Changes In and Reclassifications From Accumulated Other Comprehensive Income (“AOCI”)

The following table presents changes in AOCI for the periods indicated.

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2015			2014			2015			2014
	(Dollars in thousands)
Beginning balance of AOCI – unrealized gains and losses on investment securities AFS	$	14,367		$	3,211		$	14,132		$	(3,672	)
Other comprehensive income (loss):
Unrealized gains and losses on investment securities AFS		(10,091	)		11,199			(7,600	)		22,529
Tax effect of unrealized gains and losses on investment securities AFS		3,844			(4,393	)		3,157			(8,837	)
Amounts reclassified from AOCI		(84	)		(18	)		(2,618	)		(23	)
Tax effect of amounts reclassified from AOCI		32			7			997			9
Total other comprehensive income (loss)		(6,299	)		6,795			(6,064	)		13,678
Ending balance of AOCI – unrealized gains and losses on investment securities AFS	$	8,068		$	10,006		$	8,068		$	10,006

Amounts reclassified from AOCI are included in net gains on investment securities and the tax effect of amounts reclassified from AOCI are included in provision for income tax in the consolidated statements of income. The amounts reclassified from AOCI relate entirely to unrealized gains/losses on investment securities AFS.