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Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive (Loss) Income Balances, Net of Tax 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
)

Reclassifications out of Accumulated Other Comprehensive Income (Loss) 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