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Note 12. Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2019

Note 12. Other Comprehensive Income

The following table presents the components of other comprehensive income (loss) for the three and nine months ended September 30, 2019 and 2018.

The following table presents the components of other comprehensive income (loss) for the three and nine months ended September 30, 2019 and 2018.

(dollars in thousands)		Before Tax				Tax Effect				Net of Tax
Three Months Ended September 30, 2019
Net unrealized gain on securities available-for-sale		$	1,585			$	411			$	1,174
Less: Reclassification adjustment for net gains included in net income			(153	)			(43	)			(110	)
Total unrealized gain			1,432				368				1,064
Net unrealized gain on derivatives			24				(13	)			11
Less: Reclassification adjustment for gain included in net income			(285	)			(80	)			(205	)
Total unrealized loss			(261	)			(67	)			(194	)
Other Comprehensive Income		$	1,171			$	301			$	870
Three Months Ended September 30, 2018
Net unrealized loss on securities available-for-sale		$	(4,253	)		$	1,105			$	(3,148	)
Less: Reclassification adjustment for net gains included in net income			—				—				—
Total unrealized loss			(4,253	)			1,105				(3,148	)
Net unrealized gain on derivatives			846				221				625
Less: Reclassification adjustment for losses included in net income			(211	)			(53	)			(158	)
Total unrealized gain			635				168				467
Other Comprehensive Loss		$	(3,618	)		$	1,273			$	(2,681	)
Nine Months Ended September 30, 2019
Net unrealized gain on securities available-for-sale		$	17,712			$	(4,572	)		$	13,140
Less: Reclassification adjustment for net gains included in net income			(1,628	)			(438	)			(1,190	)
Total unrealized gain			16,084				(5,010	)			11,950
Net unrealized loss on derivatives			(2,210	)			546				(1,664	)
Less: Reclassification adjustment for gain included in net income			(1,879	)			(505	)			(1,374	)
Total unrealized loss			(4,089	)			41				(3,038	)
Other Comprehensive Income		$	11,995			$	(4,969	)		$	8,912
Nine Months Ended September 30, 2018
Net unrealized loss on securities available-for-sale		$	(13,079	)		$	2,873			$	(10,206	)
Less: Reclassification adjustment for net gains included in net income			(68	)			(17	)			(51	)
Total unrealized loss			(13,147	)			2,856				(10,257	)
Net unrealized gain on derivatives			4,380				833				3,547
Less: Reclassification adjustment for losses included in net income			(209	)			(53	)			(156	)
Total unrealized gain			4,171				780				3,391
Other Comprehensive Loss		$	(8,976	)		$	3,636			$	(6,866	)

The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax, for the three and nine months ended September 30, 2019 and 2018.

The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax, for the three and nine months ended September 30, 2019 and 2018.

(dollars in thousands)		Securities Available For Sale				Derivatives				Accumulated Other Comprehensive Income (Loss)
Three Months Ended September 30, 2019
Balance at Beginning of Period		$	3,842			$	75			$	(3,767	)
Other comprehensive income (loss) before reclassifications			1,174				(11	)			1,185
Amounts reclassified from accumulated other comprehensive income			(110	)			(205	)			(315	)
Net other comprehensive income (loss) during period			1,064				(194	)			870
Balance at End of Period		$	4,906			$	(269	)		$	4,637
Three Months Ended September 30, 2018
Balance at Beginning of Period		$	(10,914	)		$	4,305			$	(6,609	)
Other comprehensive income (loss) before reclassifications			(3,148	)			625				(2,523	)
Amounts reclassified from accumulated other comprehensive income			—				(158	)			(158	)
Net other comprehensive (loss) income during period			(3,148	)			467				(2,681	)
Balance at End of Period		$	(14,062	)		$	4,772			$	(9,290	)

(dollars in thousands)		Securities Available For Sale				Derivatives				Accumulated Other Comprehensive Income (Loss)
Nine Months Ended September 30, 2019
Balance at Beginning of Period		$	(7,044	)		$	2,769			$	(4,275	)
Other comprehensive income (loss) before reclassifications			13,140				(1,664	)			11,476
Amounts reclassified from accumulated other comprehensive income			(1,190	)			(1,374	)			(2,564	)
Net other comprehensive income (loss) during period			11,950				(3,038	)			8,912
Balance at End of Period		$	4,906			$	(269	)		$	4,637
Nine Months Ended September 30, 2018
Balance at Beginning of Period		$	(3,131	)		$	1,381			$	(1,750	)
Other comprehensive income (loss) before reclassifications			(10,206	)			3,547				(6,659	)
Amounts reclassified from accumulated other comprehensive income			(51	)			(156	)			(207	)
Net other comprehensive (loss) income during period			(10,257	)			3,391				(6,866	)
Reclassification of the Income Tax Effects of the Tax Cuts and Jobs Act from AOCI			(674	)			—				(674	)
Balance at End of Period		$	(14,062	)		$	4,772			$	(9,290	)

The following table presents the amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2019 and 2018.

The following table presents the amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2019 and 2018.

Details about Accumulated Other Comprehensive Income Components (dollars in thousands)		Amount Reclassified from Accumulated Other Comprehensive Income (Loss)								Affected Line Item in the Statement Where Net Income is Presented
		Three Months Ended September 30,
		2019				2018
Realized gain on sale of investment securities		$	153			$	—			Gain on sale of investment securities
Interest income (expense) derivative deposits			285				(211	)		Interest expense on deposits
Income tax (expense) benefit			(123	)			53			Income Tax Expense
Total Reclassifications for the Period		$	315			$	(158	)		Net Income

Details about Accumulated Other Comprehensive Income Components (dollars in thousands)		Amount Reclassified from Accumulated Other Comprehensive Income								Affected Line Item in the Statement Where Net Income is Presented
		Nine Months Ended September 30,
		2019				2018
Realized gain on sale of investment securities		$	1,628			$	(68	)		Gain on sale of investment securities
Realized gain on swap termination			829				—			Gain on sale of investment securities
Interest income (expense) derivative deposits			1,050				(209	)		Interest expense on deposits
Income tax (benefit) expense			(943	)			70			Income Tax Expense
Total Reclassifications for the Period		$	2,564			$	(207	)		Net Income

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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).

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-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
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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.

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-SubTopic 10
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