Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2021

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Reclassification out of Accumulated Other Comprehensive Income

The following tables present the reclassified components of accumulated other comprehensive income (“AOCI”) as of and for the periods indicated:

	Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars in thousands)	2021		2020		2021		2020
Details about AOCI components	Amount reclassified from AOCI		Amount reclassified from AOCI		Amount reclassified from AOCI		Amount reclassified from AOCI		Affected income statement line item
Available-for-sale securities
Unrealized holding gains	$	529	$	35	$	3,380	$	865	Gain on sale of available-for-sale securities
	(124)		(9)		(793)		(234)		Income tax effect
	405		26		2,587		631		Net of tax
Defined benefit pension plan items
Amortization of net actuarial loss	(127)		(105)		(381)		(315)		Salaries and employee benefits
	30		28		89		85		Income tax effect
	(97)		(77)		(292)		(230)		Net of tax
Investment hedge
Carrying value adjustment	(14)		(95)		(637)		738		Interest on investment securities
	3		26		149		(199)		Income tax effect
	(11)		(69)		(488)		539		Net of tax
Total reclassifications	$	297	$	(120)	$	1,807	$	940

Components of Accumulated Other Comprehensive Income

(Dollars in thousands)	Unrealized gains (losses) on available for-sale securities		Defined benefit pension plan items		Investment hedge		Total
Balance at June 30, 2021	$	3,136	$	(3,301)	$	164	$	(1)
Other comprehensive income (loss) before reclassification	183		(700)		—		(517)
Amounts reclassified from AOCI	(405)		97		11		(297)
Net current period OCI	(222)		(603)		11		(814)
Balance at September 30, 2021	$	2,914	$	(3,904)	$	175	$	(815)
Balance at December 31, 2020	7,586		(5,047)		(313)		2,226
Other comprehensive income (loss) before reclassification	(2,085)		851		—		(1,234)
Amounts reclassified from AOCI	(2,587)		292		488		(1,807)
Net current period OCI	(4,672)		1,143		488		(3,041)
Balance at September 30, 2021	$	2,914	$	(3,904)	$	175	$	(815)
Balance at June 30, 2020	$	3,771	$	(5,388)	$	(576)	$	(2,193)
Other comprehensive income (loss) before reclassification	895		(74)		—		821
Amounts reclassified from AOCI	(26)		77		69		120
Net current period OCI	869		3		69		941
Balance at September 30, 2020	$	4,640	$	(5,385)	$	(507)	$	(1,252)
Balance at December 31, 2019	2,942		(4,295)		32		(1,321)
Other comprehensive income (loss) before reclassification	2,329		(1,320)		—		1,009
Amounts reclassified from AOCI	(631)		230		(539)		(940)
Net current period OCI	1,698		(1,090)		(539)		69
Balance at September 30, 2020	$	4,640	$	(5,385)	$	(507)	$	(1,252)