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Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income (Loss)
(7) Accumulated Other Comprehensive Income (Loss)

The following is a summary of the accumulated other comprehensive (loss) income balances, net of tax:

 
  
Three months ended 6/30/2019
  
(dollars in thousands)
  
Balance at
4/1/2019
    
Other
Comprehensive
Income (loss)-
Before
Reclassifications
    
Amount
reclassified
from Accumulated
Other Comprehensive
Income
    
Other
Comprehensive
Income (loss)-
Three months ended
6/30/2019
    
Balance at
6/30/2019
  
 
                              
Net unrealized holding loss on securities available for sale, net of tax
  
$
(7,020
)
    
5,313
      
-
      
5,313
      
(1,707
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
423
      
-
      
-
      
-
      
423
  
Net change in net actuarial loss and prior service credit on pension and postretirement benefit plans, net of tax
    
(414
)
    
(76
)
    
-
      
(76
)
    
(490
)
 
                                        
Accumulated other comprehensive loss, net of tax
  
$
(7,011
)
    
5,237
      
-
      
5,237
      
(1,774
)


 
Three months ended 6/30/2018
  
(dollars in thousands)
  
Balance at
4/1/2018
    
Other
Comprehensive
Income (loss)-
Before
Reclassifications
    
Amount
reclassified
from Accumulated
Other Comprehensive
Income
    
Other
Comprehensive
Income (loss)-
Three months ended
6/30/2018
    
Balance at
6/30/2018
  
                               
Net unrealized holding (gain) loss on securities available for sale, net of tax
  
$
(10,332
)
    
(1,244
)
    
-
      
(1,244
)
    
(11,576
)
Net change in net actuarial (gain) loss and prior service cost on pension and postretirement benefit plans, net of tax
    
3,188
      
-
      
(62
)
    
(62
)
    
3,126
  
Tax Cuts and Jobs Act of 2017, Reclassification from AOCI to Retained Earnings, Tax Effect
    
(1,346
)
    
-
      
-
      
-
      
(1,346
)
                                         
Accumulated other comprehensive income (loss), net of tax
  
$
(8,490
)
    
(1,244
)
    
(62
)
    
(1,306
)
    
(9,796
)

 
  
Six months ended 6/30/2019
  
(dollars in thousands)
  
Balance at
1/1/2019
    
Other
Comprehensive
Income (loss)-
Before
Reclassifications
    
Amount
reclassified
from Accumulated
Other Comprehensive
Income
    
Other
Comprehensive
Income (loss)-
Three months ended
6/30/2019
    
Balance at
6/30/2019
  
 
                              
Net unrealized holding loss on securities available for sale, net of tax
  
$
(10,416
)
    
8,709
      
-
      
8,709
      
(1,707
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
423
      
-
      
-
      
-
      
423
  
Net change in net actuarial loss and prior service credit on pension and postretirement benefit plans, net of tax
    
316
      
(174
)
    
-
      
(174
)
    
(490
)
                                         
Accumulated other comprehensive loss, net of tax
  
$
(10,309
)
    
8,535
      
-
      
8,535
      
(1,774
)


 
Six months ended 6/30/2018
  
(dollars in thousands)
  
Balance at
1/1/2018
    
Other
Comprehensive
Income (loss)-
Before
Reclassifications
    
Amount
reclassified
from Accumulated
Other Comprehensive
Income
    
Other
Comprehensive
Income (loss)-
Three months ended
6/30/2018
    
Balance at
6/30/2018
  
                               
Net unrealized holding (gain) loss on securities available for sale, net of tax
  
$
(5,030
)
    
(6,546
)
    
-
      
(6,546
)
    
(11,576
)
Net change in net actuarial (gain) loss and prior service cost on pension and postretirement benefit plans, net of tax
    
3,224
      
-
      
(98
)
    
(98
)
    
3,126
  
Tax Cuts and Jobs Act of 2017, Reclassification from AOCI to Retained Earnings, Tax Effect
    
-
      
-
      
(1,346
)
    
-
      
(1,346
)
                                         
Accumulated other comprehensive income (loss), net of tax
  
$
(1,806
)
    
(6,546
)
    
(1,444
)
    
(6,644
)
    
(9,796
)


The following represents the reclassifications out of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2019 and 2018:

(dollars in thousands)
  
Three months ended
    
Six months ended
    
   
June 30,
    
June 30,
    
   
2019
    
2018
    
2019
    
2018
  
Affected Line Item in Financial Statements
Amortization of pension and postretirement benefit items:
                              
Amortization of net actuarial gain (loss)
  
$
20
      
106
    
$
68
      
178
  
Salaries and employee benefits
Amortization of prior service cost
    
82
      
(22
)
    
167
      
(45
)
Salaries and employee benefits
Income tax benefit
    
(26
)
    
(22
)
    
(61
)
    
(35
)
Income taxes
Net of tax
    
76
      
62
      
174
      
98
    
                                        
Total reclassifications, net of tax
  
$
76
      
62
    
$
174
      
98