Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2021

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, 2021									Three Months Ended March 31, 2020
(dollars in thousands)	Pre-Tax Amount			Tax (Expense) Benefit			Net of Tax Amount			Pre-Tax Amount			Tax Benefit (Expense)			Net of Tax Amount
Change in net unrealized gains/(losses) on debt securities available-for-sale		$	(9,712)		$	2,072		$	(7,640)		$	21,568		$	(4,592)		$	16,976
Adjustment to funded status of employee benefit plans (1)		(343)			73			(270)			465			(99)			366
Other Comprehensive (Loss) Income		$	(10,055)		$	2,145		$	(7,910)		$	22,033		$	(4,691)		$	17,342
(1) Pension settlement accounting was triggered during the three months ended March 31, 2021 resulting in a charge of $0.7 million immediately recognizing a portion of unrecognized actuarial loss and a remeasurement of our pension obligation.