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Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Summary of Changes in Components of Other Comprehensive Income, Net of Tax
The components of other comprehensive income are as follows:
For the Three Months Ended
 June 30, 2020June 30, 2019
(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 gains arising during period
$3,329  $(817) $2,512  $7,852  $(2,076) $5,776  
Unrealized losses on derivatives(51) 15  (36) (425) 146  (279) 
Other comprehensive income, net$3,278  $(802) $2,476  $7,427  $(1,930) $5,497  
For the Six Months Ended
 June 30, 2020June 30, 2019
(in thousands)Before Tax AmountTax Benefit (Expense)Net of Tax AmountBefore Tax AmountTax Benefit
(Expense)
Net of Tax Amount
Net unrealized gains (losses) on available for sale securities:
Net unrealized holding gains arising during period
$13,124  $(3,328) $9,796  $13,961  $(3,822) $10,139  
Reclassification adjustment for net gains arising during the period
(342) 88  (254) —  —  —  
Net unrealized gains
12,782  (3,240) 9,542  13,961  (3,822) 10,139  
Unrealized losses on derivatives(528) 155  (373) (696) 203  (493) 
Other comprehensive income, net$12,254  $(3,085) $9,169  $13,265  $(3,619) $9,646  
The following tables show 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 June 30, 2020For the Three Months Ended June 30, 2019
(in thousands)Unrealized Gains
(Losses) on
Available for  Sale
Securities
Unrealized
(Losses)
on Derivatives
Pension ItemsTotalUnrealized
Losses on
Available for Sale
Securities
Unrealized
Gains  (Losses)
on Derivatives
Pension ItemsTotal
Beginning balance$8,966  $(20) $(5) $8,941  $(4,419) $689  $41  $(3,689) 
Net current period other comprehensive income (loss)
2,512  (36) —  2,476  5,776  (279) —  5,497  
Ending balance$11,478  $(56) $(5) $11,417  $1,357  $410  $41  $1,808  
 For the Six Months Ended June 30, 2020For the Six Months Ended June 30, 2019
(in thousands)Unrealized Gains
(Losses) on
Available for  Sale
Securities
Unrealized
Gains (Losses)
on Derivatives
Pension ItemsTotalUnrealized Losses on
Available for  Sale
Securities
Unrealized
Gains  (Losses)
on Derivatives
Pension ItemsTotal
Beginning balance$1,936  $317  $(5) $2,248  $(8,782) $903  $41  $(7,838) 
Other comprehensive income (loss) before classifications
9,796  (373) —  9,423  10,139  (493) —  9,646  
Amounts reclassified from accumulated other comprehensive income
(254) —  —  (254) —  —  —  —  
Net current period other comprehensive income (loss)
9,542  (373) —  9,169  10,139  (493) —  9,646  
Ending balance$11,478  $(56) $(5) $11,417  $1,357  $410  $41  $1,808