Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Income (Loss)

The following table illustrates the activity within accumulated other comprehensive income (loss) by component, net of tax:

(Dollars in thousands)	Gains (Losses) on Available-For-Sale Debt Securities		Losses on Derivatives Used for Cash Flow Hedges	Total
Balance at January 1, 2017	$	1,639	(9,021)	(7,382)
Other comprehensive income before reclassifications	2,110		248	2,358
Reclassification adjustments for losses included in net income	391		3,005	3,396
Reclassifications to retained earnings 1	891		(1,242)	(351)
Net current period other comprehensive income	3,392		2,011	5,403
Balance at December 31, 2017	$	5,031	(7,010)	(1,979)
Other comprehensive (loss) income before reclassifications	(11,653)		2,453	(9,200)
Reclassification adjustments for losses included in net income	9		1,743	1,752
Net current period other comprehensive (loss) income	(11,644)		4,196	(7,448)
Balance at December 31, 2018	$	(6,613)	(2,814)	(9,427)
Other comprehensive income (loss) before reclassifications	57,607		(5,261)	52,346
Reclassification adjustments for (gains) losses included in net income	(10,768)		8,075	(2,693)
Net current period other comprehensive income	46,839		2,814	49,653
Balance at December 31, 2019	$	40,226	—	40,226

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¹ Reclassifications were due to the one-time revaluation of the net deferred tax asset as a result of the Tax Act. For additional information on the Tax Act, see Note 15.