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Changes in Accumulated Other Comprehensive Income (Loss) By Component
 3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Income (Loss) By Component CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT
The following tables present the changes in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2019 and 2018. All amounts are presented net of tax. Amounts in parentheses indicate reductions to AOCI.
 
Three Months Ended March 31, 2019
 
Available-for-Sale Debt Securities
 
 
 
 
(amounts in thousands)
Unrealized Gains (Losses)
Foreign Currency Items
Total Unrealized Gains (Losses)
 
Unrealized Gains (Losses) on Cash Flow Hedges
 
Total
Balance - December 31, 2018
$
(21,741
)
$
—

$
(21,741
)
 
$
(922
)
 
$
(22,663
)
Other comprehensive income (loss) before reclassifications
13,185

—

13,185

 
(5,135
)
 
8,050

Amounts reclassified from accumulated other comprehensive income (loss) to net income (1)
—

—

—

 
(306
)
 
(306
)
Net current-period other comprehensive income
13,185

—

13,185

 
(5,441
)
 
7,744

Balance - March 31, 2019
$
(8,556
)
$
—

$
(8,556
)
 
$
(6,363
)
 
$
(14,919
)
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2018
(amounts in thousands)
Unrealized Gains (Losses)
Foreign Currency Items
Unrealized Gains (Losses) on Available-For-Sale Securities
 
Unrealized Gains (Losses) on Cash Flow Hedges
 
Total
Balance - December 31, 2017
$
(249
)
$
88

$
(161
)
 
$
(198
)
 
$
(359
)
Reclassification of the income tax effects of the Tax Cuts and Jobs Act (2)
(256
)
—

(256
)
 
(42
)
 
(298
)
Reclassification of net unrealized gains on equity securities (2)
(953
)
(88
)
(1,041
)
 
—

 
(1,041
)
Balance after reclassification adjustments on January 1, 2018
(1,458
)
—

(1,458
)
 
(240
)
 
(1,698
)
Other comprehensive income (loss) before reclassifications
(25,233
)
—

(25,233
)
 
646

 
(24,587
)
Amounts reclassified from accumulated other comprehensive income (loss) to net income (1)
—

—

—

 
97

 
97

Net current-period other comprehensive income (loss)
(25,233
)
—

(25,233
)
 
743

 
(24,490
)
Balance - March 31, 2018
$
(26,691
)
$
—

$
(26,691
)
 
$
503

 
$
(26,188
)
 
 
 
 
 
 
 
 
(1)
Reclassification amounts for available-for-sale debt securities are reported as gain or loss on sale of investment securities on the consolidated statements of income. During the three months ended March 31, 2019 and 2018, there were no sales of investment securities. Reclassification amounts for cash flow hedges are reported as interest expense on FHLB advances on the consolidated statements of income. During the three months ended March 31, 2019, a reclassification amount of $413 thousand ($306 thousand net of taxes) was reported as a reduction to interest expense on FHLB advances on the consolidated statements of income. During the three months ended March 31, 2018, a reclassification amount of $131 thousand ($97 thousand net of taxes) was reported as interest expense on FHLB advances on the consolidated statements of income.
(2)
Amounts reclassified from accumulated other comprehensive income (loss) on January 1, 2018 as a result of the adoption of ASU 2018-02 and ASU 2016-01 resulted in a decrease in AOCI of $1.3 million and a corresponding increase in retained earnings for the same amount.