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Other Comprehensive Income
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Other Comprehensive Income
12. OTHER COMPREHENSIVE INCOME

The table below provides a summary of the components of other comprehensive income (“OCI”) for the periods presented.

 

                                                                                         
     For the Three Months Ended March 31,
     2017   2016
     Before-tax   Tax effect   After-tax   Before-tax   Tax effect   After-tax
     (Dollars in thousands)

Investment securities:

            

Net change in fair value recorded in accumulated OCI

     $ 1,207       $ 507       $ 700       $ 28,044       $ 11,778       $ 16,266  

Cumulative-effect adjustment for unrealized gains on securities transferred from available-for-sale to held-to-maturity

     -           -           -           -           -           -      

Amortization of unrealized gains on securities transferred from available-for-sale to held-to-maturity

     (783     (329     (454     (774     (325     (449

Net realized (gain)/loss reclassified into earnings

     -           -           -           -           -           -      
  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Change

     $ 424       $ 178       $ 246       $ 27,270       $ 11,453       $ 15,817