XML 58 R39.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accumulated Other Comprehensive Loss (Tables)
 12 Months Ended
Dec. 31, 2018
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss Balances, Net of Tax
The following is a summary of the accumulated other comprehensive loss balances, net of tax:

  
Year ended 12/31/2018
 
(dollars in thousands)
 
Balance at
12/31/2017
  
Other
Comprehensive
Income (loss)-
Before
Reclassifications
  
Amount
reclassified
from Accumulated
Other Comprehensive
Income
  
Other
Comprehensive
Income (loss)-
year ended
12/31/2018
  
Balance at
12/31/2018
 
                
Net unrealized holding loss on securities available for sale, net of tax
 
$
(5,030
)
  
(3,944
)
  
-
   
(3,944
)
  
(8,974
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
  
3,054
   
(2,727
)
  
-
   
(2,727
)
  
327
 
Net change in net actuarial loss and prior service cost on pension and pension and postretirement benefit plans, net of tax
  
170
   
-
   
(486
)
  
(486
)
  
(316
)
Tax Cuts and Jobs Act of 2017, Reclassification from AOCI to Retained Earnings, Tax Effect
  
-
   
-
   
(1,346
)
  -

  
(1,346
)
                     
Accumulated other comprehensive loss, net of tax
  
(1,806
)
  
(6,671
)
  
(1,832
)
  
(7,157
)
  
(10,309
)

  
Year ended 12/31/2017
 
(dollars in thousands)
 
Balance at
12/31/2016
  
Other
Comprehensive
Income (loss)-
Before
Reclassifications
  
Amount
reclassified
from Accumulated
Other Comprehensive
Income
  
Other
Comprehensive
Income (loss)-
year ended
12/31/2017
  
Balance at
12/31/2017
 
                
Net unrealized holding loss on securities available for sale, net of tax
 
$
(6,762
)
  
1,732
      
1,732
   
(5,030
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
  
42
   
3,012
   
-
   
3,012
   
3,054
 
Net change in net actuarial loss and prior service cost on pension and pension and postretirement benefit plans, net of tax
  
469
   
-
   
(299
)
  
(299
)
  
170
 
                     
Accumulated other comprehensive loss, net of tax
  
(6,251
)
  
4,744
   
(299
)
  
4,445
   
(1,806
)

  
Year ended 12/31/2016
 
(dollars in thousands)
 
Balance at
12/31/2015
  
Other
Comprehensive
Income (loss)-
Before
Reclassifications
  
Amount
reclassified
from Accumulated
Other Comprehensive
Income
  
Other
Comprehensive
Income (loss)-
year ended
12/31/2016
  
Balance at
12/31/2016
 
                
Net unrealized holding loss on securities available for sale, net of tax
 
$
(4,492
)
  
(1,869
)
  
(401
)
  
(2,270
)
  
(6,762
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
  
(758
)
  
800
   
-
   
800
   
42
 
Net change in net actuarial loss and prior service cost on pension and pension and postretirement benefit plans, net of tax
  
469
   
-
   
-
   
-
   
469
 
                     
Accumulated other comprehensive loss, net of tax
 
$
(4,781
)
  
(1,069
)
  
(401
)
  
(1,470
)
  
(6,251
)
Reclassifications out of Accumulated Other Comprehensive Loss
 The following represents the reclassifications out of accumulated other comprehensive loss for the years ended December 31, 2018, 2017 and 2016:

(dollars in thousands)
 
December 31,
  
  
2018
  
2017
  
2016
 
Affected Line Item in Financial Statements
Unrealized gains on securities available for sale:
             
Realized gain on securities transactions
 
$
-
   
-
   
668
 
Net gain on securities transactions
Income tax expense
  
-
   
-
   
(267
)
Income taxes
Net of tax
  
-
   
-
   
401
  
                  
Amortization of pension and postretirement benefit items:
                
Amortization of net actuarial gain (loss)
  
556
   
289
   
90
 
Salaries and employee benefits
Amortization of prior service cost
  
100
   
(90
)
  
(90
)
Salaries and employee benefits
Income tax benefit
  
(170
)
  
100
   
-
 
Income taxes
Net of tax
  
486
   
299
   
-
  
                  
Total reclassifications, net of tax
 
$
486
   
299
   
401