Comprehensive Income

3 Months Ended

Mar. 31, 2019

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Comprehensive Income

Note 8. Comprehensive Income

Total comprehensive income includes all changes in equity during a period from transactions and other events and circumstances from nonowner sources. The Company’s other comprehensive income (loss) is comprised of unrealized holding gains and losses on securities available-for-sale, obligations for defined benefit pension plan, changes in fair value of derivatives and an adjustment to reflect the curtailment of the Company’s defined benefit pension plan, net of taxes.

The following table represents the reclassification out of accumulated other comprehensive (loss) income for the periods presented:

Details about Accumulated Other	Amounts Reclassified from						Affected Line Item in the Consolidated
Comprehensive Income Components	Accumulated Other Comprehensive Income						Statements of Income
	Three Months Ended
	March 31,
	2019			2018
Sale of securities available-for-sale	$	(8	)	$	-		Net gains on sale of securities available-for-sale Income tax expense
		2			-
		(6	)		-
Amortization of pension plan net actuarial losses	$	89		$	91		Salaries and employee benefits
		(25	)		(25	)	Income tax benefit
		64			66
Total reclassification	$	58		$	66

Accumulated other comprehensive loss at March 31, 2019 and December 31, 2018 consisted of the following:

	March 31,			December 31,
	2019			2018
	(dollars in thousands)
Investment securities available-for-sale, net of tax	$	(1,710	)	$	(5,841	)
Cash flow hedge, net of tax		555			837
Defined benefit pension and post-retirement plans, net of tax		(4,125	)		(3,785	)
Total	$	(5,280	)	$	(8,789	)