XML 39 R26.htm IDEA: XBRL DOCUMENT v3.20.1
Accumulated Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2020
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 income (loss) balances, net of tax:

 
  
Three months ended 3/31/2020
  
(dollars in thousands)
  
Balance at
12/31/2019
    
Other
Comprehensive
Income (loss)-
Before
Reclassifications
    
Amount
reclassified
from Accumulated
Other Comprehensive
Income
    
Other
Comprehensive
Income (loss)-
Three months ended
3/31/2020
    
Balance at
3/31/2020
  
 
                              
Net unrealized holding gain on securities available for sale, net of tax
  
$
286
      
7,945
      
(855
)
    
7,090
      
7,376
  
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax (a)
    
4,840
      
-
      
-
      
-
      
4,840
  
Net change in net actuarial gain and prior service credit on pension and postretirement benefit plans, net of tax
    
(665
)
    
-
      
(159
)
    
(159
)
    
(824
)
 
                                        
Accumulated other comprehensive loss, net of tax
  
$
4,461
      
7,945
      
(1,014
)
    
6,931
      
11,392
  

 
Three months ended 3/31/2019
  
(dollars in thousands)
  
Balance at
12/31/2018
    
Other
Comprehensive
Income (loss)-
Before
Reclassifications
    
Amount
reclassified
from Accumulated
Other Comprehensive
Income
    
Other
Comprehensive
Income (loss)-
Three months ended
3/31/2019
    
Balance at
3/31/2019
  
                               
Net unrealized holding loss on securities available for sale, net of tax
  
$
(10,416
)
    
3,396
      
-
      
3,396
      
(7,020
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax (a)
    
423
      
-
      
-
      
-
      
423
  
Net change in net actuarial gain and prior service credit on pension and postretirement benefit plans, net of tax
    
(316
)
    
-
      
(98
)
    
(98
)
    
(414
)
                                         
Accumulated other comprehensive income (loss), net of tax
  
$
(10,309
)
    
3,396
      
(98
)
    
3,298
      
(7,011
)
Reclassifications out of Accumulated Other Comprehensive Income (Loss)
The following represents the reclassifications out of accumulated other comprehensive income (loss) for the three months ended March 31, 2020 and 2019:

  
Three months ended
March 31,
    
(dollars in thousands)
  
2020
    
2019
  
Affected Line Item in Financial Statements
                  
Unrealized gains on securities available for sale
                
Realized gain on securities transactions
  
$
1,155
      
-
  
Net gain on securities transactions
Income tax expense
    
(300
)
    
-
  
Income taxes
Net of tax
    
855
      
-
    
                      
Amortization of pension and postretirement benefit items:
                    
Amortization of net actuarial gain
  
$
166
      
48
  
Salaries and employee benefits
Amortization of prior service credit
    
49
      
85
  
Salaries and employee benefits
Income tax benefit
    
(56
)
    
(35
)
Income taxes
Net of tax
    
159
      
98
    
                      
Total reclassifications, net of tax
  
$
159
      
98