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Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2019
Other Comprehensive Loss  
Schedule of changes in components of accumulated other comprehensive income and loss, net of taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unfunded

 

Unrealized

 

 

 

 

 

 

Pension

 

(Gain)/Loss on

 

 

 

 

(Dollars in thousands)

 

Liability

 

Securities

 

Total

 

December 31, 2019:

 

 

 

 

 

 

 

 

 

 

Balances at beginning of year

 

$

7,721

 

$

88

 

$

7,809

 

Other comprehensive loss (income), net of taxes

 

 

457

 

 

(598)

 

 

(141)

 

Net current period other comprehensive loss (income)

 

 

457

 

 

(598)

 

 

(141)

 

Balances at end of year

 

$

8,178

 

$

(510)

 

$

7,668

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018:

 

 

 

 

 

 

 

 

 

 

Balances at beginning of year

 

$

5,657

 

$

37

 

$

5,694

 

Other comprehensive loss, net of taxes

 

 

938

 

 

42

 

 

980

 

Amounts reclassified from retained earnings

 

 

1,126

 

 

 9

 

 

1,135

 

Net current period other comprehensive loss

 

 

2,064

 

 

51

 

 

2,115

 

Balances at end of year

 

$

7,721

 

$

88

 

$

7,809

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of tax effect on each component of accumulated other comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2019

 

2018

 

 

 

Pretax

    

 

 

    

After Tax

    

Pretax

    

 

 

    

After Tax

 

(Dollars in thousands)

 

Amount

 

Tax

 

Amount

 

Amount

 

Tax

 

Amount

 

Unfunded pension liability

 

$

623

 

$

(166)

 

$

457

 

$

1,279

 

$

(341)

 

$

938

 

Unrealized (gain)/loss on securities

 

 

(815)

 

 

217

 

 

(598)

 

 

57

 

 

(15)

 

 

42

 

Total

 

$

(192)

 

$

51

 

$

(141)

 

$

1,336

 

$

(356)

 

$

980