Tax Effects on Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Schedule of Tax Effects of Components of 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
2020
Net change in unrealized gains on debt securities available-for sale	$	22,683	$	(4,827)	$	17,856
Net available-for-sale securities (gains) losses reclassified into earnings	—		—		—
Adjustment to funded status of employee benefit plans	3,549		(764)		2,785
Other Comprehensive Income	$	26,232	$	(5,591)	$	20,641
2019
Net change in unrealized gains on securities available-for-sale	$	15,793	$	(3,367)	$	12,426
Net available-for-sale securities (gains) 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 losses on securities available-for-sale (1)	$	(6,794)	$	1,449	$	(5,345)
Net available-for-sale securities (gains) losses reclassified into earnings	—		—		—
Adjustment to funded status of employee benefit plans	6,297		(1,343)		4,954
Other Comprehensive Loss	$	(497)	$	106	$	(391)

(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.