Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2020

Equity [Abstract]

Schedule of accumulated other comprehensive income (loss)

The components of accumulated other comprehensive income (loss) for the Company are as follows:

($ in thousands)	June 30, 2020			December 31, 2019
Unrealized gain (loss) on securities available for sale	$	25,256		9,743
Deferred tax asset (liability)	(5,804		)	(2,239	)
Net unrealized gain (loss) on securities available for sale	19,452			7,504
Postretirement plans asset (liability)	(2,734		)	(3,092	)
Deferred tax asset (liability)	628			711
Net postretirement plans asset (liability)	(2,106		)	(2,381	)
Total accumulated other comprehensive income (loss)	$	17,346		5,123

The following table discloses the changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2020 (all amounts are net of tax).

($ in thousands)	Unrealized Gain (Loss) on Securities Available for Sale			Postretirement Plans Asset (Liability)		Total
Beginning balance at January 1, 2020	$	7,504		(2,381	)	5,123
Other comprehensive income (loss) before reclassifications	18,128			—		18,128
Amounts reclassified from accumulated other comprehensive income	(6,180		)	275		(5,905	)
Net current-period other comprehensive income (loss)	11,948			275		12,223
Ending balance at June 30, 2020	$	19,452		(2,106	)	17,346

The following table discloses the changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2019 (all amounts are net of tax).

($ in thousands)	Unrealized Gain (Loss) on Securities Available for Sale			Postretirement Plans Asset (Liability)		Total
Beginning balance at January 1, 2019	$	(9,494	)	(2,467	)	(11,961	)
Other comprehensive income (loss) before reclassifications	13,510			—		13,510
Amounts reclassified from accumulated other comprehensive income	—			339		339
Net current-period other comprehensive income (loss)	13,510			339		13,849
Ending balance at June 30, 2019	$	4,016		(2,128	)	1,888