ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2018

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of components of other comprehensive income (loss)

The following tables present the components of other comprehensive income for the three and nine months ended September 30, 2018 and 2017, by component:



(dollars in thousands)	Before Tax			Tax Effect			Net of Tax
Three Months Ended September 30, 2018
Net unrealized losses on investment securities:
Net unrealized losses arising during the period	$	(8,297	)	$	(2,225	)	$	(6,072	)
Less: Reclassification adjustments from AOCI realized in net income	—			—			—
Net unrealized losses on investment securities	(8,297		)	(2,225		)	(6,072		)

Defined benefit plans:
Amortization of net actuarial loss	289			78			211
Amortization of net transition obligation	5			2			3
Amortization of prior service cost	4			1			3
Defined benefit plans, net	298			81			217

Other comprehensive loss	$	(7,999	)	$	(2,144	)	$	(5,855	)



(dollars in thousands)	Before Tax			Tax Effect			Net of Tax
Three Months Ended September 30, 2017
Net unrealized losses on investment securities:
Net unrealized losses arising during the period	$	(487	)	$	(194	)	$	(293	)
Less: Reclassification adjustments from AOCI realized in net income	—			—			—
Net unrealized losses on investment securities	(487		)	(194		)	(293		)

Defined benefit plans:
Amortization of net actuarial loss	324			44			280
Amortization of net transition obligation	4			2			2
Amortization of prior service cost	5			2			3
Settlement	—			—			—
Defined benefit plans, net	333			48			285

Other comprehensive loss	$	(154	)	$	(146	)	$	(8	)



(dollars in thousands)	Before Tax			Tax Effect			Net of Tax
Nine Months Ended September 30, 2018
Net unrealized losses on investment securities:
Net unrealized losses arising during the period	$	(33,809	)	$	(9,097	)	$	(24,712	)
Less: Reclassification adjustments from AOCI realized in net income	—			—			—
Net unrealized losses on investment securities	(33,809		)	(9,097		)	(24,712		)

Defined benefit plans:
Amortization of net actuarial loss	865			262			603
Amortization of net transition obligation	14			4			10
Amortization of prior service cost	13			3			10
Defined benefit plans, net	892			269			623

Other comprehensive loss	$	(32,917	)	$	(8,828	)	$	(24,089	)

Schedule of changes in each component of AOCI, net of tax

The following tables present the changes in each component of AOCI, net of tax, for the three and nine months ended September 30, 2018 and 2017:



(dollars in thousands)	Investment Securities			Defined Benefit Plans			AOCI
Three Months Ended September 30, 2018
Balance at beginning of period	$	(14,161	)	$	(7,087	)	$	(21,248	)

Other comprehensive income (loss) before reclassifications	(6,072		)	—			(6,072		)
Reclassification adjustments from AOCI	—			217			217
Total other comprehensive income (loss)	(6,072		)	217			(5,855		)

Balance at end of period	$	(20,233	)	$	(6,870	)	$	(27,103	)



(dollars in thousands)	Investment Securities			Defined Benefit Plans			AOCI
Three Months Ended September 30, 2017
Balance at beginning of period	$	9,648		$	(6,424	)	$	3,224

Other comprehensive income before reclassifications	(293		)	—			(293		)
Reclassification adjustments from AOCI	—			285			285
Total other comprehensive income (loss)	(293		)	285			(8		)

Balance at end of period	$	9,355		$	(6,139	)	$	3,216



(dollars in thousands)	Investment Securities			Defined Benefit Plans			AOCI
Nine Months Ended September 30, 2018
Balance at beginning of period	$	5,073		$	(6,112	)	$	(1,039	)
Impact of the adoption of new accounting standards	(139		)	—			(139		)
Adjusted balance at beginning of period	4,934			(6,112		)	(1,178		)

Impact of the adoption of new accounting standards	(455		)	(1,381		)	(1,836		)

Other comprehensive income (loss) before reclassifications	(24,712		)	—			(24,712		)
Reclassification adjustments from AOCI	—			623			623
Total other comprehensive income (loss)	(24,712		)	623			(24,089		)

Balance at end of period	$	(20,233	)	$	(6,870	)	$	(27,103	)



(dollars in thousands)	Investment Securities		Defined Benefit Plans			AOCI
Nine Months Ended September 30, 2017
Balance at beginning of period	$	4,729	$	(6,250	)	$	(1,521	)

Other comprehensive income (loss) before reclassifications	3,639		(627		)	3,012
Reclassification adjustments from AOCI	987		738			1,725
Total other comprehensive income (loss)	4,626		111			4,737

Balance at end of period	$	9,355	$	(6,139	)	$	3,216

Schedule of amounts reclassified out of each component of AOCI

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



	Amount Reclassified from AOCI						Affected Line Item in the Statement Where Net Income is Presented
Details about AOCI Components	Three months ended September 30,
(dollars in thousands)	2018			2017
Sale of investment securities available-for-sale	$	—		$	—		Investment securities gains (losses)
	—			—			Income tax benefit (expense)
	$	—		$	—		Net of tax

Amortization of defined benefit retirement and supplemental executive retirement plan items
Net actuarial loss	$	(289	)	$	(324	)	(1)
Net transition obligation	(5		)	(4		)	(1)
Prior service cost	(4		)	(5		)	(1)
Settlement	—			—			(1)
	(298		)	(333		)	Total before tax
	81			48			Income tax benefit (expense)
	$	(217	)	$	(285	)	Net of tax

Total reclassification adjustments from AOCI for the period	$	(217	)	$	(285	)	Net of tax



	Amount Reclassified from AOCI						Affected Line Item in the Statement Where Net Income is Presented
Details about AOCI Components	Nine months ended September 30,
(dollars in thousands)	2018			2017
Sale of investment securities available-for-sale	$	—		$	(1,640	)	Investment securities gains (losses)
	—			653			Income tax benefit (expense)
	$	—		$	(987	)	Net of tax

Amortization of defined benefit retirement and supplemental executive retirement plan items
Net actuarial loss	$	(865	)	$	(971	)	(1)
Net transition obligation	(14		)	(13		)	(1)
Prior service cost	(13		)	(13		)	(1)
Settlement	—			(138		)	(1)
	(892		)	(1,135		)	Total before tax
	269			397			Income tax benefit (expense)
	$	(623	)	$	(738	)	Net of tax

Total reclassification adjustments from AOCI for the period	$	(623	)	$	(1,725	)	Net of tax


(1)	These AOCI components are included in the computation of net periodic pension cost (see Note 14 - Pension and Supplemental Executive Retirement Plans for additional details).