Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2020

The following tables present the components of accumulated other comprehensive income (“AOCI”) six months ended June 30, 2020 and 2019:


(Dollars in thousands)	Six Months Ended June 30, 2020		Six Months Ended June 30, 2019		Three Months Ended June 30, 2020		Three Months Ended June 30, 2019
Details about AOCI Components	Amount Reclassified from AOCI		Amount Reclassified from AOCI		Amount Reclassified from AOCI		Amount Reclassified from AOCI		Affected line item in the Statement where Net Income is presented
Available-for-sale securities
Unrealized holding gains (losses)	$	830	$	(168)	$	554	$	(50)	Gain (loss) on sale of securities
	830		(168)		554		(50)		Total before tax
	(225)		45		(150)		13		Income tax expense
	605		(123)		404		(37)		Net of tax
Defined benefit pension plan items
Amortization of net actuarial loss	(210)		(136)		(105)		(68)		Salaries and benefits
	(210)		(136)		(105)		(68)		Total before tax
	57		37		28		18		Income tax expense
	(153)		(99)		(77)		(50)		Net of tax
Investment hedge
Carrying value adjustment	833		126		(960)		(332)		Interest on investment securities - taxable
	833		126		(960)		(332)		Total before tax
	(225)		(34)		259		90		Income tax expense
	608		92		(701)		(242)		Net of tax

Total reclassifications	$	1,060	$	(130)	$	(374)	$	(329)


(Dollars in thousands)	Unrealized gains (losses) on available for-sale securities		Defined benefit pension plan items		Investment Hedge		Total
Balance at December 31, 2019	$	2,942	$	(4,295)	$	32	$	(1,321)
Other comprehensive income (loss) before reclassification	1,434		(1,246)		—		188
Amounts reclassified from AOCI	(605)		153		(608)		(1,060)
Net current period OCI	829		(1,093)		(608)		(872)
Balance at June 30, 2020	$	3,771	$	(5,388)	$	(576)	$	(2,193)

Balance at March 31, 2020	$	3,773	$	(4,734)	$	(1,277)	$	(2,238)
Other comprehensive income (loss) before reclassification	402		(731)		—		(329)
Amounts reclassified from AOCI	(404)		77		701		374
Net current period OCI	(2)		(654)		701		45
Balance at June 30, 2020	$	3,771	$	(5,388)	$	(576)	$	(2,193)

Balance at December 31, 2018	(3,384)		(3,422)		—		(6,806)
Other comprehensive income (loss) before reclassification	4,781		(619)		—		4,162
Amounts reclassified from AOCI	123		99		(92)		130
Net current period OCI	4,904		(520)		(92)		4,292
Stranded AOCI	—		—		—		—
Mark to Market on equity positions held at December 31, 2017	—		—		—		—
Balance at June 30, 2019	$	1,520	$	(3,942)	$	(92)	$	(2,514)

Balance at April 1, 2019	(1,941)		(3,614)		(334)		(5,889)
Other comprehensive income (loss) before reclassification	3,424		(378)		—		3,046
Amounts reclassified from AOCI	37		50		242		329
Net current period OCI	3,461		(328)		242		3,375
Balance at June 30, 2019	$	1,520	$	(3,942)	$	(92)	$	(2,514)