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Other Comprehensive Income/(Loss) (Tables)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Schedule of Tax Effects of Components of Other Comprehensive Loss
The following table presents the change in components of other comprehensive income/(loss) for the periods presented, net of tax effects.
 
Three Months Ended March 31, 2020
 
Three Months Ended March 31, 2019
(dollars in thousands)
Pre-Tax
Amount
 
 
Tax
(Expense)
Benefit
 
 
Net of Tax
Amount
 
 
Pre-Tax
Amount
 
 
Tax
(Expense)
Benefit
 
 
Net of Tax
Amount
 
Change in net unrealized gains/(losses) on available-for-sale debt securities (1)
 
$
21,568

 
 
$
(4,592
)
 
 
$
16,976

 
 
$
7,398

 
 
$
(1,578
)
 
 
$
5,820

Adjustment to funded status of employee benefit plans
 
465

 
 
(99
)
 
 
366

 
 
453

 
 
(97
)
 
 
356

Other Comprehensive Income/(Loss)
 
$
22,033

 
 
$
(4,691
)
 
 
$
17,342

 
 
$
7,851

 
 
$
(1,675
)
 
 
$
6,176

(1) Reclassification adjustments are comprised of realized security gains or losses. The realized gains or losses have been reclassified out of accumulated other comprehensive income/(loss) and have affected certain lines in the Consolidated Statements of Comprehensive Income as follows: the pre-tax amount is included in net gain on sale of securities, the tax expense amount is included in the provision for income taxes and the net of tax amount is included in net income. There were no reclassification adjustments for the three months ended March 31, 2020 or 2019.