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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Jun. 30, 2021

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 six months ended June 30, 2021 and 2020, by component:

(dollars in thousands)			Before Tax						Tax Effect						Net of Tax
Three Months Ended June 30, 2021
Net unrealized gains on investment securities:
Net unrealized gains arising during the period			$	2,407					$	643					$	1,764
Less: Reclassification adjustments from AOCI realized in net income			(50)						(13)						(37)
Net unrealized gains on investment securities			2,357						630						1,727
Defined benefit plans:
Amortization of net actuarial loss			272						87						185
Amortization of net transition obligation			4						1						3
Defined benefit plans, net			276						88						188
Other comprehensive income			$	2,633					$	718					$	1,915

(dollars in thousands)			Before Tax						Tax Effect						Net of Tax
Three Months Ended June 30, 2020
Net unrealized gains on investment securities:
Net unrealized gains arising during the period			$	8,570					$	2,295					$	6,275
Less: Reclassification adjustments from AOCI realized in net income			—						—						—
Net unrealized gains on investment securities			8,570						2,295						6,275
Defined benefit plans:
Amortization of net actuarial loss			269						70						199
Amortization of net transition obligation			4						1						3
Amortization of prior service cost			3						1						2
Defined benefit plans, net			276						72						204
Other comprehensive income			$	8,846					$	2,367					$	6,479

(dollars in thousands)			Before Tax						Tax Effect						Net of Tax
Six Months Ended June 30, 2021
Net unrealized losses on investment securities:
Net unrealized losses arising during the period			$	(21,212)					$	(5,675)					$	(15,537)
Less: Reclassification adjustments from AOCI realized in net income			(50)						(13)						(37)
Net unrealized losses on investment securities			(21,262)						(5,688)						(15,574)
Defined benefit plans:
Amortization of net actuarial loss			518						153						365
Amortization of net transition obligation			9						2						7
Defined benefit plans, net			527						155						372
Other comprehensive loss			$	(20,735)					$	(5,533)					$	(15,202)

(dollars in thousands)			Before Tax						Tax Effect						Net of Tax
Six Months Ended June 30, 2020
Net unrealized gains on investment securities:
Net unrealized gains arising during the period			$	22,428					$	6,006					$	16,422
Less: Reclassification adjustments from AOCI realized in net income			—						—						—
Net unrealized gains on investment securities			22,428						6,006						16,422
Defined benefit plans:
Net actuarial gains arising during the period			427						114						313
Amortization of net actuarial loss			537						142						395
Amortization of net transition obligation			9						2						7
Amortization of prior service cost			7						2						5
Defined benefit plans, net			980						260						720
Other comprehensive income			$	23,408					$	6,266					$	17,142

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 six months ended June 30, 2021 and 2020:

(dollars in thousands)			Investment Securities						Defined Benefit Plans						AOCI
Three Months Ended June 30, 2021
Balance at beginning of period			$	9,350					$	(6,339)					$	3,011
Other comprehensive income before reclassifications			1,764						—						1,764
Reclassification adjustments from AOCI			(37)						188						151
Total other comprehensive income			1,727						188						1,915
Balance at end of period			$	11,077					$	(6,151)					$	4,926

(dollars in thousands)			Investment Securities						Defined Benefit Plans						AOCI
Three Months Ended June 30, 2020
Balance at beginning of period			$	24,972					$	(5,900)					$	19,072
Other comprehensive income before reclassifications			6,275						—						6,275
Reclassification adjustments from AOCI			—						204						204
Total other comprehensive income			6,275						204						6,479
Balance at end of period			$	31,247					$	(5,696)					$	25,551

(dollars in thousands)			Investment Securities						Defined Benefit Plans						AOCI
Six Months Ended June 30, 2021
Balance at beginning of period			$	26,651					$	(6,523)					$	20,128
Other comprehensive income before reclassifications			(15,537)						—						(15,537)
Reclassification adjustments from AOCI			(37)						372						335
Total other comprehensive income (loss)			(15,574)						372						(15,202)
Balance at end of period			$	11,077					$	(6,151)					$	4,926

(dollars in thousands)			Investment Securities						Defined Benefit Plans						AOCI
Six Months Ended June 30, 2020
Balance at beginning of period			$	14,825					$	(6,416)					$	8,409
Other comprehensive loss before reclassifications			16,422						313						16,735
Reclassification adjustments from AOCI			—						407						407
Total other comprehensive income (loss)			16,422						720						17,142
Balance at end of period			$	31,247					$	(5,696)					$	25,551

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 six months ended June 30, 2021 and 2020:

			Amount Reclassified from AOCI												Affected Line Item in the Statement Where Net Income is Presented
Details about AOCI Components			Three months ended June 30,
(dollars in thousands)			2021						2020
Defined benefit retirement and supplemental executive retirement plan items:
Amortization of net actuarial loss			$	(272)					$	(269)					Other operating expense - other
Amortization of net transition obligation			(4)						(4)						Other operating expense - other
Amortization of prior service cost			—						(3)						Other operating expense - other
Total before tax			(276)						(276)
Tax effect			88						72						Income tax benefit (expense)
Net of tax			$	(188)					$	(204)
Total reclassification adjustments from AOCI for the period, net of tax			$	(151)					$	(204)

			Amount Reclassified from AOCI												Affected Line Item in the Statement Where Net Income is Presented
Details about AOCI Components			Six months ended June 30,
(dollars in thousands)			2021						2020
Defined benefit retirement and supplemental executive retirement plan items:
Amortization of net actuarial loss			$	(518)					$	(537)					Other operating expense - other
Amortization of net transition obligation			(9)						(9)						Other operating expense - other
Amortization of prior service cost			—						(7)						Other operating expense - other
Total before tax			(527)						(553)
Tax effect			155						146						Income tax benefit (expense)
Net of tax			$	(372)					$	(407)
Total reclassification adjustments from AOCI for the period, net of tax			$	(335)					$	(407)

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Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

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Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

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Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1
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