XML 31 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 
Accumulated other comprehensive income (loss) for the Company consists of changes in net unrealized gains and losses on investment securities available for sale and an interest rate swap derivative designated as a cash flow hedge. The following tables present a summary of the accumulated other comprehensive income (loss) balances, net of tax, as of March 31, 2018 and 2017:
(dollars in thousands)
 
Unrealized
Gain (Loss)
on Derivatives
 
Unrealized
Gain (Loss)
on Securities
 
Accumulated
Other Comprehensive
Income (Loss)
Balance, January 1, 2018
 
$
292

 
$
(1,572
)
 
$
(1,280
)
Reclassification to retained earnings due to change in federal corporate tax rate
 
(53
)
 
(339
)
 
(392
)
Adjusted balance, January 1, 2018
 
239

 
(1,911
)
 
(1,672
)
Reclassification for gains included in net income, net of tax
 

 
(29
)
 
(29
)
Current year changes, net of tax
 
281

 
(9,403
)
 
(9,122
)
Balance, March 31, 2018
 
$
520

 
$
(11,343
)
 
$
(10,823
)
(dollars in thousands) 
 
Unrealized
Gain (Loss)
on Derivatives
 
Unrealized
Gain (Loss)
on Securities
 
Accumulated
Other Comprehensive
Income (Loss)
Balance, January 1, 2017
 
$
176

 
$
(1,234
)
 
$
(1,058
)
Current year changes, net of tax
 
43

 
(194
)
 
(151
)
Balance, March 31, 2017
 
$
219

 
$
(1,428
)
 
$
(1,209
)