15. OTHER COMPREHENSIVE INCOME

The following table presents OCI components and related tax effects:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in thousands)	2018		2017		2018		2017

Available-for-Sale Debt Securities:
Change in unrealized (loss) gain on available-for-sale debt securities (2018), debt and equity securities (2017)	$	(467)	$	(237)	$	(3,130)	$	892
Adjustment for adoption of ASU 2016-01		—		—		(428)		—
Change in unrealized gain on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings		(2)		90		(19)		244
Net unrealized (losses) gains		(469)		(147)		(3,577)		1,136
Tax effect		100		51		752		(399)
Net of tax		(369)		(96)		(2,825)		737

Cash Flow Hedges:
Change in fair value of derivatives used for cash flow hedges		54		9		330		(67)
Reclassification amount for net derivative losses realized in income		1		51		36		175
Net unrealized gains		55		60		366		108
Tax effect		(12)		(21)		(76)		(37)
Net of tax		43		39		290		71

Total other comprehensive (loss) income components, net of tax	$	(326)	$	(57)	$	(2,535)	$	808

The following table presents amounts reclassified out of each component of AOCI for the three and nine months ended September 30, 2018 and 2017:


		Amounts Reclassified from Accumulated
		Other Comprehensive Income
	Affected Line Items	Three Months Ended				Nine Months Ended
	in the Consolidated	September 30,				September 30,
(in thousands)	Statements of Income	2018		2017		2018		2017

Cash Flow Hedges:
Interest rate swap on money market deposits	Interest expense on deposits	$	1	$	(27)	$	(22)	$	(87)
Interest rate swap on FHLB advance	Interest expense on FHLB advances		(2)		(24)		(14)		(88)
Total derivative losses on cash flow hedges	Total interest expense		(1)		(51)		(36)		(175)
Tax effect	Income tax expense		—		18		8		61
Net of tax	Net income	$	(1)	$	(33)	$	(28)	$	(114)

The following tables summarize AOCI balances, net of tax:


			2018
(in thousands)	December 31, 2017		Change		September 30, 2018

Unrealized loss on available-for-sale debt securities and reclassification of equity securities	$	(604)	$	(2,810)	$	(3,414)
Unrealized gain (loss) on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings		1,093		(15)		1,078
Unrealized gain (loss) on cash flow hedges		(73)		290		217
Total unrealized gain (loss)	$	416	$	(2,535)	$	(2,119)


			2017
(in thousands)	December 31, 2016		Change		September 30, 2017

Unrealized gain on available-for-sale debt and equity securities	$	237	$	579	$	816
Unrealized gain on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings		706		158		864
Unrealized gain (loss) on cash flow hedges		(256)		71		(185)
Total unrealized gain	$	687	$	808	$	1,495