XML 56 R30.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Tax Effects on Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
TAX EFFECTS ON OTHER COMPREHENSIVE INCOME (LOSS) TAX EFFECTS ON OTHER COMPREHENSIVE INCOME (LOSS)
The following tables present the tax effects of the components of other comprehensive income (loss) for the years ended December 31:
(dollars in thousands)
Pre-Tax
Amount

 
Tax (Expense)
Benefit

 
Net of Tax
Amount

2019
 
 
 
 
 
Net change in unrealized gains on debt securities available-for sale
$
15,793

 
$
(3,367
)
 
$
12,426

Net available-for-sale securities losses reclassified into earnings
26

 
(6
)
 
20

Adjustment to funded status of employee benefit plans
(1,282
)
 
273

 
(1,009
)
Other Comprehensive Income
$
14,537

 
$
(3,100
)
 
$
11,437

2018
 
 
 
 
 
Net change in unrealized gains on securities available-for-sale(1)
$
(6,794
)
 
$
1,449

 
$
(5,345
)
Net available-for-sale securities losses reclassified into earnings
—

 
—

 
—

Adjustment to funded status of employee benefit plans
6,297

 
(1,343
)
 
4,954

Other Comprehensive Loss
$
(497
)
 
$
106

 
$
(391
)
2017
 
 
 
 
 
Net change in unrealized gains on securities available-for-sale
$
(1,275
)
 
$
448

 
$
(827
)
Net available-for-sale securities gains reclassified into earnings
(3,000
)
 
1,054

 
(1,946
)
Adjustment to funded status of employee benefit plans
(1,992
)
 
122

 
(1,870
)
Other Comprehensive Loss
$
(6,267
)
 
$
1,624

 
$
(4,643
)

(1) Due to the adoption of ASU No. 2016-01, net unrealized gains on marketable equity securities were reclassified from accumulated other comprehensive income to retained earnings during the three months ended March 31, 2018. The prior period data was not restated; as such, the change in unrealized gains on marketable securities is combined with the change in net unrealized gains on debt securities for the prior period ended December 31, 2017.