Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2020

The components of other comprehensive income are as follows:


	For the Three Months Ended
	September 30, 2020						September 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	$	(649)	$	73	$	(576)	$	1,911	$	(431)	$	1,480


Unrealized losses on derivatives	51		(14)		37		(111)		33		(78)

Other comprehensive income, net	$	(598)	$	59	$	(539)	$	1,800	$	(398)	$	1,402


	For the Nine Months Ended
	September 30, 2020						September 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	$	12,475	$	(3,255)	$	9,220	$	15,872	$	(4,253)	$	11,619
Reclassification adjustment for net gains arising during the period	(342)		88		(254)		—		—		—
Net unrealized gains	12,133		(3,167)		8,966		15,872		(4,253)		11,619
Unrealized losses on derivatives	(477)		141		(336)		(807)		236		(571)

Other comprehensive income, net	$	11,656	$	(3,026)	$	8,630	$	15,065	$	(4,017)	$	11,048

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 September 30, 2020								For the Three Months Ended September 30, 2019
(in thousands)	Unrealized Gains (Losses) on Available for Sale Securities		Unrealized (Losses) on Derivatives		Pension Items		Total		Unrealized Losses on Available for Sale Securities		Unrealized Gains (Losses) on Derivatives		Pension Items		Total

Beginning balance	$	11,478	$	(56)	$	(5)	$	11,417	$	1,357	$	410	$	41	$	1,808
Net current period other comprehensive income (loss)	(576)		37		—		(539)		1,480		(78)		—		1,402


Ending balance	$	10,902	$	(19)	$	(5)	$	10,878	$	2,837	$	332	$	41	$	3,210


	For the Nine Months Ended September 30, 2020								For the Nine Months Ended September 30, 2019
(in thousands)	Unrealized Gains (Losses) on Available for Sale Securities		Unrealized Gains (Losses) on Derivatives		Pension Items		Total		Unrealized Losses on Available for Sale Securities		Unrealized Gains (Losses) on Derivatives		Pension Items		Total

Beginning balance	$	1,936	$	317	$	(5)	$	2,248	$	(8,782)	$	903	$	41	$	(7,838)


Other comprehensive income (loss) before classifications	9,220		(336)		—		8,884		11,619		(571)		—		11,048
Amounts reclassified from accumulated other comprehensive income	(254)		—		—		(254)		—		—		—		—
Net current period other comprehensive income (loss)	8,966		(336)		—		8,630		11,619		(571)		—		11,048
Ending balance	$	10,902	$	(19)	$	(5)	$	10,878	$	2,837	$	332	$	41	$	3,210