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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Schedule of changes in accumulated other comprehensive income (loss) by component, net of tax

The following tables show changes in accumulated other comprehensive income (loss) by component, net of tax, for the years ending December 31, 2019 and 2018:

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

December 31, 2019

    

Unrealized Gains and Losses on Available for Sale Securities

    

Defined Benefit Pension Items

    

Total

Beginning balance, December 31, 2018

 

$

(2,647)

 

$

(1,652)

 

$

(4,299)

Current period other comprehensive income:

 

 

 

 

 

 

 

 

 

Other comprehensive income before reclassification

 

 

3,129

 

 

634

 

 

3,763

Amounts reclassified from accumulated other comprehensive income

 

 

34

 

 

1,101

 

 

1,135

Net current period other comprehensive income

 

 

3,163

 

 

1,735

 

 

4,898

Reclassification for ASU 2018-02

 

 

 —

 

 

(83)

 

 

(83)

Ending balance, December 31, 2019

 

$

516

 

$

 —

 

$

516

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

December 31, 2018

    

Unrealized Gains and Losses on Available for Sale Securities

    

Defined Benefit Pension Items

    

Total

Beginning balance, December 31, 2017

 

$

(1,684)

 

$

(2,350)

 

$

(4,034)

Current period other comprehensive income:

 

 

 

 

 

 

 

 

 

Other comprehensive income before reclassification

 

 

(956)

 

 

564

 

 

(392)

Amounts reclassified from accumulated other comprehensive income

 

 

149

 

 

134

 

 

283

Net current period other comprehensive income

 

 

(807)

 

 

698

 

 

(109)

Reclassification for ASU 2016-01

 

 

(156)

 

 

 —

 

 

(156)

Ending balance, December 31, 2018

 

$

(2,647)

 

$

(1,652)

 

$

(4,299)

 

Schedule of reclassification out of each component of accumulated other comprehensive income (loss)

The following table shows significant amounts reclassified out of each component of accumulated other comprehensive income (loss) for the year ending December 31, 2019:

 

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

 

Details About Accumulated Other Comprehensive Income (Loss) Components

    

Amount Reclassified From Accumulated Other Comprehensive Income (Loss)

 

Affected Line Item in the Consolidated Statements of Income

Unrealized gains and losses on available for sale securities

 

 

 

 

 

Realized losses on securities available for sale

 

$

(43)

 

Gain (loss) on sales and calls of securities

Total before tax

 

 

(43)

 

 

Tax effect

 

 

 9

 

Income tax provision (benefit)

Net of tax

 

 

(34)

 

 

 

 

 

 

 

 

Amortization of defined benefit pension items

 

 

 

 

 

Actuarial losses

 

 

(1,394)

 

Employee benefits

Reclassification for ASU 2018-02

 

 

105

 

 

Total before tax

 

 

(1,289)

 

 

Tax effect

 

 

271

 

Income tax provision (benefit)

Net of tax

 

 

(1,018)

 

 

Total reclassifications for the period, net of tax

 

$

(1,052)

 

 

 

The following table shows significant amounts reclassified out of each component of accumulated other comprehensive income (loss) for the year ending December 31, 2018:

 

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

 

Details About Accumulated Other Comprehensive Income (Loss) Components

    

Amount Reclassified From Accumulated Other Comprehensive Income (Loss)

 

Affected Line Item in the Consolidated Statements of Income

Unrealized gains and losses on available for sale securities

 

 

 

 

 

Realized losses on securities available for sale

 

$

(188)

 

Gain (loss) on sales and calls of securities

Reclassification for ASU 2016-01

 

 

197

 

 

Total before tax

 

 

 9

 

 

Tax effect

 

 

(2)

 

Income tax provision (benefit)

Net of tax

 

 

 7

 

 

Amortization of defined benefit pension items

 

 

 

 

 

Actuarial losses

 

 

(170)

 

Employee benefits

Total before tax

 

 

(170)

 

 

Tax effect

 

 

36

 

Income tax provision (benefit)

Net of tax

 

 

(134)

 

 

Total reclassifications for the period, net of tax

 

$

(127)