ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2019

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, 2019 and 2018, by component:



(dollars in thousands)	Before Tax			Tax Effect			Net of Tax
Three Months Ended September 30, 2019
Net unrealized gains on investment securities:
Net unrealized gains arising during the period	$	6,027		$	1,615		$	4,412
Less: Reclassification adjustments from AOCI realized in net income	(36		)	(10		)	(26		)
Net unrealized gains on investment securities	5,991			1,605			4,386

Defined benefit plans:
Amortization of net actuarial loss	310			31			279
Amortization of net transition obligation	5			3			2
Amortization of prior service cost	4			2			2
Defined benefit plans, net	319			36			283

Other comprehensive income	$	6,310		$	1,641		$	4,669



(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
Nine Months Ended September 30, 2019
Net unrealized gains on investment securities:
Net unrealized gains arising during the period	$	37,671		$	10,098		$	27,573
Less: Reclassification adjustments from AOCI realized in net income	(36		)	(10		)	(26		)
Net unrealized gains on investment securities	37,635			10,088			27,547

Defined benefit plans:
Amortization of net actuarial loss	837			84			753
Amortization of net transition obligation	14			4			10
Amortization of prior service cost	13			3			10
Defined benefit plans, net	864			91			773

Other comprehensive income	$	38,499		$	10,179		$	28,320

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, 2019 and 2018:



(dollars in thousands)	Investment Securities			Defined Benefit Plans			AOCI
Three Months Ended September 30, 2019
Balance at beginning of period	10,418			(5,960		)	4,458

Other comprehensive income before reclassifications	4,412			—			4,412
Reclassification adjustments from AOCI	(26		)	283			257
Total other comprehensive income	4,386			283			4,669

Balance at end of period	$	14,804		$	(5,677	)	$	9,127



(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 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
Nine Months Ended September 30, 2019
Balance at beginning of period	$	(9,643	)	$	(6,450	)	$	(16,093	)
Impact of the adoption of new accounting standards	(3,100		)	—			(3,100		)
Adjusted balance at beginning of period	(12,743		)	(6,450		)	(19,193		)

Other comprehensive income before reclassifications	27,573			—			27,573
Reclassification adjustments from AOCI	(26		)	773			747
Total other comprehensive income	27,547			773			28,320

Balance at end of period	$	14,804		$	(5,677	)	$	9,127



(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 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	)

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, 2019 and 2018:



	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)	2019			2018
Sale of investment securities available-for-sale:
Realized gains (losses) on securities available-for-sale	$	36		$	—		Investment securities gains (losses)
Tax effect	(10		)	—			Income tax benefit (expense)
Net of tax	$	26		$	—

Defined benefit retirement and supplemental executive retirement plan items:
Amortization of net actuarial loss	$	(310	)	$	(289	)	Salaries and employee benefits
Amortization of net transition obligation	(5		)	(5		)	Salaries and employee benefits
Amortization of prior service cost	(4		)	(4		)	Salaries and employee benefits
Total before tax	(319		)	(298		)
Tax effect	36			81			Income tax benefit (expense)
Net of tax	$	(283	)	$	(217	)

Total reclassification adjustments from AOCI for the period, net of tax	$	(257	)	$	(217	)



	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)	2019			2018
Sale of investment securities available-for-sale:
Realized gains (losses) on securities available-for-sale	$	36		$	—		Investment securities gains (losses)
Tax effect	(10		)	—			Income tax benefit (expense)
Net of tax	$	26		$	—

Defined benefit retirement and supplemental executive retirement plan items:
Amortization of net actuarial loss	$	(837	)	$	(865	)	Salaries and employee benefits
Amortization of net transition obligation	(14		)	(14		)	Salaries and employee benefits
Amortization of prior service cost	(13		)	(13		)	Salaries and employee benefits
Total before tax	(864		)	(892		)
Tax effect	91			269			Income tax benefit (expense)
Net of tax	$	(773	)	$	(623	)

Total reclassification adjustments from AOCI for the period	$	(747	)	$	(623	)	Net of tax