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Comprehensive Income (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Components of Other Comprehensive Income (Loss)
The components of other comprehensive income (loss) are as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Three Months Ended
 
March 31, 2019
 
March 31, 2018
(in thousands)
Before Tax Amount
 
Tax Benefit (Expense)
 
Net of Tax Amount
 
Before Tax Amount
 
Tax Benefit
(Expense)
 
Net of Tax Amount
Net unrealized gains (losses) on available for sale securities:
 
 
 
 
 
 
 
 
 
 
 
Net unrealized holding (losses) gains arising during period
$
6,109

 
$
(1,746
)
 
$
4,363

 
$
(7,502
)
 
$
1,770

 
$
(5,732
)
Reclassification adjustment for net gains arising during the period

 

 

 

 

 

Net unrealized losses (gains)
6,109

 
(1,746
)
 
4,363

 
(7,502
)
 
1,770

 
(5,732
)
Unrealized gains (losses) on derivatives
(271
)
 
57

 
(214
)
 
358

 
(75
)
 
283

Other comprehensive (loss) income, net
$
5,838

 
$
(1,689
)
 
$
4,149

 
$
(7,144
)
 
$
1,695

 
$
(5,449
)

Summary of Changes in Components of Other Comprehensive Income, Net of Tax
The following table shows the changes in the balances of each of the components of other comprehensive income for the periods presented, net of tax:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Three Months Ended March 31, 2019
 
For the Three Months Ended March 31, 2018
(in thousands)
Unrealized
Losses on
Available for  Sale
Securities
 
Unrealized
Gains
on Derivatives
 
Pension Items
 
Total
 
Unrealized
Gains (Losses) on
Available for  Sale
Securities
 
Unrealized
Gains 
on Derivatives
 
Pension Items
 
Total
Beginning balance
(8,782
)
 
903

 
41

 
(7,838
)
 
$
(3,232
)
 
$
862

 
$
21

 
$
(2,349
)
Adjustment for implementation of ASU 2016-01

 

 

 

 
(2,043
)
 

 

 
(2,043
)
Adjusted beginning balance
(8,782
)
 
903

 
41

 
(7,838
)
 
(5,275
)
 
862

 
21

 
(4,392
)
Net current period other comprehensive (loss) income
4,363

 
(214
)
 

 
4,149

 
(5,732
)
 
283

 

 
(5,449
)
Ending balance
(4,419
)
 
689

 
41

 
(3,689
)
 
$
(11,007
)
 
$
1,145

 
$
21

 
$
(9,841
)