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OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Other Comprehensive Income (Loss) Components and Related Tax Effects

Other comprehensive income (loss) components and related tax effects for the three-month periods are as follows:

 

 

 

Unrealized

Gains (Losses)

on Securities

Available for

Sale

 

 

Disproportionate

Tax Effect from

Securities

Available for

Sale

 

 

Losses on

Securities

Transferred

From

Available for

Sale

to Held to

Maturity

 

 

Total

 

March 31, 2019

 

(Dollars in thousands)

 

Balances at beginning of period, net of tax

 

$

(3,781

)

 

$

(17,110

)

 

$

(545

)

 

$

(21,436

)

Other comprehensive income before

   reclassifications

 

 

3,110

 

 

 

 

 

 

 

 

 

3,110

 

Accretion of unrealized losses of securities

   transferred from available for sale to

   held to maturity recognized in other

   comprehensive income

 

 

 

 

 

 

 

 

24

 

 

 

24

 

Reclassification adjustment for gains realized

   in income

 

 

(114

)

 

 

 

 

 

 

 

 

(114

)

Net current period other comprehensive income

 

 

2,996

 

 

 

 

 

 

24

 

 

 

3,020

 

Balances at end of period, net of tax

 

$

(785

)

 

$

(17,110

)

 

$

(521

)

 

$

(18,416

)

 

 

 

Unrealized

Gains (Losses)

on Securities

Available for

Sale

 

 

Disproportionate

Tax Effect from

Securities

Available for

Sale

 

 

Losses on

Securities

Transferred

From

Available for

Sale to Held

to Maturity

 

 

Total

 

March 31, 2018

 

(Dollars in thousands)

 

Balances at beginning of period, net of tax

 

$

(904

)

 

$

(17,110

)

 

$

(671

)

 

$

(18,685

)

Other comprehensive income before

   reclassifications

 

 

(3,910

)

 

 

 

 

 

 

 

 

(3,910

)

Accretion of unrealized losses of securities

   transferred from available for sale to

   held to maturity recognized in other

   comprehensive income

 

 

 

 

 

 

 

 

30

 

 

 

30

 

Reclassification adjustment for gains realized

   in income

 

 

(110

)

 

 

 

 

 

 

 

 

(110

)

Net current period other comprehensive income

 

 

(4,020

)

 

 

 

 

 

30

 

 

 

(3,990

)

Balances at end of period, net of tax

 

$

(4,924

)

 

$

(17,110

)

 

$

(641

)

 

$

(22,675

)

Summary of Reclassification Out of Each Component of Accumulated Comprehensive Income (Loss)

The following are significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the three months ended March 31, 2019:

 

 

 

Amount Reclassified

 

 

Affected Line Item on

 

 

From Accumulated

 

 

the Statement Where

Details About Accumulated Other Comprehensive

 

Other Comprehensive

 

 

Net Income is

Income Components

 

Income

 

 

Presented

 

 

(Dollars in thousands)

 

 

 

Realized net gains on the sale of available for sale securities

 

$

(144

)

 

Net gains on securities available for sale

 

 

 

30

 

 

Tax expense

Total reclassification during the period

 

$

(114

)

 

Net of tax, increase to net income

 

The following are significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the three months ended March 31, 2018:

 

 

 

Amount Reclassified

 

 

Affected Line Item on

 

 

From Accumulated

 

 

the Statement Where

Details About Accumulated Other Comprehensive

 

Other Comprehensive

 

 

Net Income is

Income Components

 

Income

 

 

Presented

 

 

(Dollars in thousands)

 

 

 

Realized net gains on the sale of available for sale securities

 

$

(139

)

 

Net gains on securities available for sale

 

 

 

29

 

 

Tax expense

Total reclassification during the period

 

$

(110

)

 

Net of tax, increase to net income