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Shareholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Schedule of minimum required capital amounts and ratios for well capitalized institutions and the actual capital amounts and ratios for the Company and the Bank
The table below sets forth the minimum required capital amounts and ratios for well capitalized institutions and the actual capital amounts and ratios for the Company and the Bank as of December 31, 2019, and December 31, 2018:
(dollars in thousands)
Well Capitalized
Minimum Ratio

 
Company

 
Bank

As of December 31, 2019
 
 
 
 
 
Shareholders’ Equity
 
 
$
1,286,832

 
$
1,229,775

Common Equity Tier 1 Capital
 
 
1,289,424

 
1,243,939

Tier 1 Capital
 
 
1,289,424

 
1,243,939

Total Capital
 
 
1,406,273

 
1,360,788

Common Equity Tier 1 Capital Ratio
6.5
%
 
12.18
%
 
11.76
%
Tier 1 Capital Ratio
8.0
%
 
12.18
%
 
11.76
%
Total Capital Ratio
10.0
%
 
13.28
%
 
12.87
%
Tier 1 Leverage Ratio
5.0
%
 
7.25
%
 
7.01
%
 
 
 
 
 
 
As of December 31, 2018
 
 
 
 
 
Shareholders’ Equity
 
 
$
1,268,200

 
$
1,195,132

Common Equity Tier 1 Capital
 
 
1,290,723

 
1,229,227

Tier 1 Capital
 
 
1,290,723

 
1,229,227

Total Capital
 
 
1,404,238

 
1,342,742

Common Equity Tier 1 Capital Ratio
6.5
%
 
13.07
%
 
12.46
%
Tier 1 Capital Ratio
8.0
%
 
13.07
%
 
12.46
%
Total Capital Ratio
10.0
%
 
14.21
%
 
13.61
%
Tier 1 Leverage Ratio
5.0
%
 
7.60
%
 
7.24
%
Components of other comprehensive income
The following table presents the components of other comprehensive income (loss), net of tax:
(dollars in thousands)
Before Tax

 
Tax Effect

 
Net of Tax

Year Ended December 31, 2019
 
 
 
 
 
Net Unrealized Gains (Losses) on Investment Securities:
 
 
 
 
 
Net Unrealized Gains (Losses) Arising During the Period
$
30,169

 
$
8,001

 
$
22,168

Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) that (Increase) Decrease Net Income:
 
 
 
 
 
  (Gain) Loss on Sale
(152
)
 
(49
)
 
(103
)
  Amortization of Unrealized Holding (Gains) Losses on Held-to-Maturity Securities 1
833

 
221

 
612

Net Unrealized Gains (Losses) on Investment Securities
30,850

 
8,173

 
22,677

Defined Benefit Plans:

 

 
 
Net Actuarial Gains (Losses) Arising During the Period
(5,046
)
 
(1,337
)
 
(3,709
)
Amortization of Net Actuarial Losses (Gains)
1,598

 
423

 
1,175

Amortization of Prior Service Credit
(288
)
 
(76
)
 
(212
)
Defined Benefit Plans, Net
(3,736
)
 
(990
)
 
(2,746
)
Other Comprehensive Income (Loss)
$
27,114

 
$
7,183

 
$
19,931

 
 
 
 
 
 
Year Ended December 31, 2018
 
 
 
 
 
Net Unrealized Gains (Losses) on Investment Securities:
 
 
 
 
 
Net Unrealized Gains (Losses) Arising During the Period
$
(11,051
)
 
$
(2,931
)
 
$
(8,120
)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) that (Increase) Decrease Net Income:
 
 
 
 
 
  Amortization of Unrealized Holding (Gains) Losses on Held-to-Maturity Securities 1
2,164

 
569

 
1,595

Net Unrealized Gains (Losses) on Investment Securities
(8,887
)
 
(2,362
)
 
(6,525
)
Defined Benefit Plans:
 
 
 
 
 
Net Actuarial Gains (Losses) Arising During the Period
(4,468
)
 
(1,184
)
 
(3,284
)
Amortization of Net Actuarial Losses (Gains)
1,835

 
460

 
1,375

Amortization of Prior Service Credit
(567
)
 
(150
)
 
(417
)
Defined Benefit Plans, Net
(3,200
)
 
(874
)
 
(2,326
)
Other Comprehensive Income (Loss)
$
(12,087
)
 
$
(3,236
)
 
$
(8,851
)
 
 
 
 
 
 
Year Ended December 31, 2017
 
 
 
 
 
Net Unrealized Gains (Losses) on Investment Securities:
 
 
 
 
 
Net Unrealized Gains (Losses) Arising During the Period
$
(5,263
)
 
$
(2,078
)
 
$
(3,185
)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) that (Increase) Decrease Net Income:
 
 
 
 
 
  Amortization of Unrealized Holding (Gains) Losses on Held-to-Maturity Securities 1
1,982

 
783

 
1,199

Net Unrealized Gains (Losses) on Investment Securities
(3,281
)
 
(1,295
)
 
(1,986
)
Defined Benefit Plans:
 
 
 
 
 
Net Actuarial Gains (Losses) Arising During the Period
884

 
349

 
535

Amortization of Net Actuarial Losses (Gains)
1,382

 
545

 
837

Amortization of Prior Service Credit
(322
)
 
(127
)
 
(195
)
Defined Benefit Plans, Net
1,944

 
767

 
1,177

Other Comprehensive Income (Loss)
$
(1,337
)
 
$
(528
)
 
$
(809
)

1
The amount relates to the amortization/accretion of unrealized gains and losses related to the Company's reclassification of available-for-sale investment securities to the held-to-maturity category.
Schedule of accumulated other comprehensive income (loss)



The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax:
(dollars in thousands)
Investment Securities-Available-For-Sale

 
Investment Securities-Held-To-Maturities

 
Defined Benefit Plans

Accumulated Other Comprehensive Income (Loss)

Year Ended December 31, 2019
 
 
 
 
 
 
Balance at Beginning of Period
$
(10,447
)
 
$
(4,586
)
 
$
(36,010
)
$
(51,043
)
Other Comprehensive Income (Loss) Before Reclassifications
22,168

 
—

 
(3,709
)
18,459

Cumulative Effect of ASU 2019-04
(3,259
)
 
3,259

 
—

—

Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
(103
)
 
612

 
963

1,472

Total Other Comprehensive Income (Loss)
18,806

 
3,871

 
(2,746
)
19,931

Balance at End of Period
$
8,359

 
$
(715
)
 
$
(38,756
)
$
(31,112
)
 
 
 
 
 
 
 
Year Ended December 31, 2018
 
 
 
 
 
 
Balance at Beginning Period
$
(1,915
)
 
$
(5,085
)
 
$
(27,715
)
$
(34,715
)
Other Comprehensive Income (Loss) Before Reclassifications
(8,120
)
 
—

 
(3,284
)
(11,404
)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
—

 
1,595

 
958

2,553

Total Other Comprehensive Income (Loss)
(8,120
)
 
1,595

 
(2,326
)
(8,851
)
Reclassification of the Income Tax Effects of the
     Tax Act from AOCI
(412
)
 
(1,096
)
 
(5,969
)
(7,477
)
Balance at End of Period
$
(10,447
)
 
$
(4,586
)
 
$
(36,010
)
$
(51,043
)
 
 
 
 
 
 
 
Year Ended December 31, 2017
 
 
 
 
 
 
Balance at Beginning Period
$
1,270

 
$
(6,284
)
 
$
(28,892
)
$
(33,906
)
Other Comprehensive Income (Loss) Before Reclassifications
(3,185
)
 
—

 
535

(2,650
)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
—

 
1,199

 
642

1,841

Total Other Comprehensive Income (Loss)
(3,185
)
 
1,199

 
1,177

(809
)
Balance at End of Period
$
(1,915
)
 
$
(5,085
)
 
$
(27,715
)
$
(34,715
)
Reclassification out of accumulated other comprehensive income
The following table presents the amounts reclassified out of each component of accumulated other comprehensive income (loss):
Details about Accumulated Other Comprehensive Income (Loss) Components
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)1
 
Affected Line Item in the Statement Where Net Income Is Presented
(dollars in thousands)
Year Ended December 31,
 
 
2019

 
2018

 
2017

 
Amortization of Unrealized Holding Gains (Losses) on
     Investment Securities Held-to-Maturity
$
(833
)
 
$
(2,164
)
 
$
(1,982
)
Interest Income
 
221

 
569

 
783

Provision for Income Tax
 
(612
)
 
(1,595
)
 
(1,199
)
Net of Tax
Sales of Investment Securities Available-for-Sale
152

 
—

 
—

Investment Securities Gains (Losses), Net
 
(49
)
 
—

 
—

Provision for Income Tax
 
103

 
—

 
—

Net of Tax
 
 
 
 
 
 
 
Amortization of Defined Benefit Plans Items
 
 
 
 
 
 
  Prior Service Credit 2
288

 
567

 
322

 
  Net Actuarial Losses 2
(1,598
)
 
(1,835
)
 
(1,382
)
 
 
(1,310
)
 
(1,268
)
 
(1,060
)
Total Before Tax
 
347

 
310

 
418

Provision for Income Tax
 
(963
)
 
(958
)
 
(642
)
Net of Tax
 
 
 
 
 
 
 
Total Reclassifications for the Period
$
(1,472
)
 
$
(2,553
)
 
$
(1,841
)
Net of Tax
1 
Amounts in parentheses indicate reductions to net income.
2