Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2019

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

Note 14—Accumulated Other Comprehensive Income (Loss)

The changes in each component of accumulated other comprehensive income (loss), net of tax, were as follows:

			Unrealized Gains
			and Losses		Gains and
			on Securities		Losses on
	Benefit		Available		Cash Flow
(Dollars in thousands)	Plans		for Sale		Hedges		Total
Balance at December 31, 2016	$	(6,195)	$	(1,708)	$	(308)	$	(8,211)
Other comprehensive loss before reclassifications		(365)		(2,157)		(13)		(2,535)
Amounts reclassified from accumulated other comprehensive income (loss)		562		(413)		170		319
Net comprehensive income (loss)		197		(2,570)		157		(2,216)
Balance at December 31, 2017		(5,998)		(4,278)		(151)		(10,427)
Other comprehensive loss before reclassifications		382		(13,479)		33		(13,064)
Amounts reclassified from accumulated other comprehensive income (loss)		926		510		121		1,557
Net comprehensive income (loss)		1,308		(12,969)		154		(11,507)
AOCI reclassification to retained earnings from the adoption of ASU 2018-02		(1,760)		(1,147)		(40)		(2,947)
Balance at December 31, 2018		(6,450)		(18,394)		(37)		(24,881)
Other comprehensive income (loss) before reclassifications		20		28,245		(10,447)		17,818
Amounts reclassified from accumulated other comprehensive income		6,281		2,071		(272)		8,080
Net comprehensive income (loss)		6,301		30,316		(10,719)		25,898
Balance at December 31, 2019	$	(149)	$	11,922	$	(10,756)	$	1,017

The table below presents the reclassifications out of accumulated other comprehensive income, net of tax:

	Amount Reclassified from Accumulated
(Dollars in thousands)	For the Years Ended December 31,
Accumulated Other Comprehensive Income (Loss) Component	2019		2018		2017		Income Statement Line Item Affected
Gains (losses) on cash flow hedges:
Interest rate contracts	$	(349)	$	155	$	275	Interest expense
		77		(34)		(105)	Provision for income taxes
		(272)		121		170	Net income
(Gains) losses on sales of available for sale securities:
	$	2,655	$	655	$	(1,421)	Securities gains (losses), net
		(584)		(145)		542	Provision for income taxes
		2,071		510		(879)	Net income
Other-than-temporary impairment losses on available for sale securities:
	$	—	$	—	$	753	Other-than-temporary impairment losses
		—		—		(287)	Provision for income taxes
		—		—		466	Net income
Losses and amortization of defined benefit pension:
Actuarial losses	$	8,053	$	1,187	$	908	Salaries and employee benefits /Pension Plan Termination Expense
		(1,772)		(261)		(346)	Provision for income taxes
		6,281		926		562	Net income
Total reclassifications for the period	$	8,080	$	1,557	$	319