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Changes In Accumulated Other Comprehensive Income (Loss) By Component
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Income (Loss) By Component
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT

The following table presents the changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2017 and 2016. All amounts are presented net of tax. Amounts in parentheses indicate reductions to accumulated other comprehensive income.

 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
 
 
Total
 
Unrealized
 
 
 
 
Unrealized
 
Foreign
 
Unrealized
 
Gains (Losses)
 
 
 
 
Gains
 
Currency
 
Gains
 
on Cash Flow
 
 
(amounts in thousands)
 
(Losses) (1)
 
Items
 
(Losses)
 
Hedges
 
Total
Balance, December 31, 2015
 
$
(4,602
)
 
$
(584
)
 
$
(5,186
)
 
$
(2,798
)
 
$
(7,984
)
Current period:
 
 
 
 
 
 
 
 
 
 
     Other comprehensive loss before
 
 
 
 
 
 
 
 
 
 
           reclassifications
 
(1,872
)
 
(146
)
 
(2,018
)
 
(629
)
 
(2,647
)
     Amounts reclassified from accumulated other
 
 
 
 
 
 
 
 
 
 
          comprehensive income to net income (1)
 
3,793

 
730

 
4,523

 
1,216

 
5,739

Net current-period other comprehensive income
 
1,921

 
584

 
2,505

 
587

 
3,092

Balance, December 31, 2016
 
(2,681
)
 

 
(2,681
)
 
(2,211
)
 
(4,892
)
Current period:
 
 
 
 
 
 
 
 
 
 
     Other comprehensive income before
 
 
 
 
 
 
 
 
 
 
          reclassifications
 
7,800

 
88

 
7,888

 
406

 
8,294

     Amounts reclassified from accumulated other
 
 
 
 
 
 
 
 
 
 
          comprehensive income to net income (1)
 
(5,368
)
 

 
(5,368
)
 
1,607

 
(3,761
)
 Net current-period other comprehensive income
 
2,432

 
88

 
2,520

 
2,013

 
4,533

Balance, December 31, 2017
 
$
(249
)
 
$
88

 
$
(161
)
 
$
(198
)
 
$
(359
)

(1) Reclassification amounts for available-for-sale securities are reported as gain or loss on sale of investment securities or impairment loss on investment securities on the consolidated statements of income. During the years ended December 31, 2017 and 2016, reclassification amounts of $8.8 million ($5.4 million net of taxes) and $25 thousand ($16 thousand net of taxes), respectively, were reported as gain on sale of investment securities on the consolidated statements of income. During the year ended December 31, 2016, reclassification amounts of $7.3 million ($4.5 million net of taxes) were reported as impairment loss on investment securities on the consolidated statements of income. Impairment losses recorded during the year ended December 31, 2017, were not previously deferred in accumulated comprehensive income (loss) because Customers decided to sell the securities as of December 31, 2016. Reclassification amounts for cash flow hedges are reported as interest expense on FHLB advances on the consolidated statements of income.