XML 40 R27.htm IDEA: XBRL DOCUMENT
v3.20.2

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Stockholders' Equity Note [Abstract] |
Schedule of Actual and Required Capital Ratios | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Regulatory |  | ​ |  | Regulatory |
​ | ​ | September 30, | ​ | Minimum to be | ​ | December 31, | ​ | Minimum to be |
​ | ​ | 2020 | ​ | "Well-Capitalized" | ​ | 2019 | ​ | "Well-Capitalized" |
Company (consolidated) |  |  |  |  |  |  |  |  | ​
Total capital to risk-weighted assets |  | 13.32 | % | 10.50 | % | 13.61 | % | 10.50 | %
Common equity tier 1 capital to risk-weighted assets |  | 10.29 |  | 7.00 |  | 10.57 |  | 7.00 | ​
Tier 1 capital to risk-weighted assets |  | 11.08 |  | 8.50 |  | 11.39 |  | 8.50 | ​
Tier 1 capital to average assets |  | 8.14 |  | 5.00 |  | 8.13 |  | 5.00 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Bank |  |  |  |  |  |  |  |  | ​
Total capital to risk-weighted assets |  | 13.03 | % | 10.50 | % | 12.42 | % | 10.50 | %
Common equity tier 1 capital to risk-weighted assets |  | 12.33 |  | 7.00 |  | 11.79 |  | 7.00 | ​
Tier 1 capital to risk-weighted assets |  | 12.33 |  | 8.50 |  | 11.79 |  | 8.50 | ​
Tier 1 capital to average assets |  | 9.06 |  | 5.00 |  | 8.39 |  | 5.00 | ​
Schedule of Components of Accumulated Other Comprehensive Income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | September 30, 2020 |  | December 31, 2019
Other accumulated comprehensive income, before tax: |  | ​ |  |  | ​ |
Net unrealized gain on AFS securities | ​ | $ | 15,264 | ​ | $ | 7,342
Net unrealized loss on hedging derivatives | ​ |  | (1,461) | ​ |  | (718)
Net unrealized loss on post-retirement plans | ​ |  | (1,512) | ​ |  | (1,512)
​ | ​ | ​ | ​ | ​ | ​ | ​
Income taxes related to items of accumulated other comprehensive income: | ​ |  |  | ​ |  |
Net unrealized gain on AFS securities | ​ |  | (3,583) | ​ |  | (1,793)
Net unrealized loss on hedging derivatives | ​ |  | 342 | ​ |  | 237
Net unrealized loss on post-retirement plans | ​ |  | 355 | ​ |  | 355
Accumulated other comprehensive income | ​ | $ | 9,405 | ​ | $ | 3,911
Schedule of Components of Other Comprehensive Income (Loss) | The following table presents the components of other comprehensive income (loss) for the three and nine months ended September 30, 2020 and 2019: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | Before Tax |  | Tax Effect |  | Net of Tax
Three Months Ended September 30, 2020 |  | ​ |  |  | ​ |  |  | ​ |
Net unrealized gain on AFS securities: |  | ​ |  |  | ​ |  |  | ​ |
Net unrealized gain arising during the period | ​ | $ | 351 | ​ | $ | (82) | ​ | $ | 269
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized gain on AFS securities | ​ |  | 351 | ​ |  | (82) | ​ |  | 269
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized gain on cash flow hedging derivatives: | ​ |  |  | ​ |  |  | ​ |  | ​
Net unrealized gain arising during the period | ​ |  | 805 | ​ |  | (190) | ​ |  | 615
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized gain on cash flow hedging derivatives | ​ |  | 805 | ​ |  | (190) | ​ |  | 615
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized gain on post-retirement plans: | ​ |  |  | ​ |  |  | ​ |  | ​
Net unrealized gain arising during the period | ​ |  | — | ​ |  | — | ​ |  | —
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized gain on post-retirement plans | ​ |  | — | ​ |  | — | ​ |  | —
Other comprehensive income | ​ | $ | 1,156 | ​ | $ | (272) | ​ | $ | 884
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three Months Ended September 30, 2019 | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized gain on AFS securities: | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized gain arising during the period | ​ | $ | 3,357 | ​ | $ | (784) | ​ | $ | 2,573
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | 157 | ​ |  | (37) | ​ |  | 120
Net unrealized gain on AFS securities | ​ |  | 3,200 | ​ |  | (747) | ​ |  | 2,453
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized loss on cash flow hedging derivatives: | ​ |  |  | ​ |  |  | ​ |  | ​
Net unrealized loss arising during the period | ​ |  | (370) | ​ |  | 85 | ​ |  | (285)
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized loss on cash flow hedging derivatives | ​ |  | (370) | ​ |  | 85 | ​ |  | (285)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized gain on post-retirement plans: | ​ |  |  | ​ |  |  | ​ |  | ​
Net unrealized gain arising during the period | ​ |  | — | ​ |  | — | ​ |  | —
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized gain on post-retirement plans | ​ |  | — | ​ |  | — | ​ |  | —
Other comprehensive income | ​ | $ | 2,830 | ​ | $ | (662) | ​ | $ | 2,168
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | Before Tax |  | Tax Effect |  | Net of Tax
Nine Months Ended September 30, 2020 |  | ​ |  |  | ​ |  |  | ​ |
Net unrealized gain on AFS securities: |  | ​ |  |  | ​ |  |  | ​ |
Net unrealized gain arising during the period | ​ | $ | 9,408 | ​ | $ | (2,146) | ​ | $ | 7,262
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | 1,486 | ​ |  | (355) | ​ |  | 1,131
Net unrealized gain on AFS securities | ​ |  | 7,922 | ​ |  | (1,791) | ​ |  | 6,131
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized loss on derivative hedges: | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized loss arising during the period | ​ |  | (833) | ​ |  | 196 | ​ |  | (637)
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized loss on derivative hedges | ​ |  | (833) | ​ |  | 196 | ​ |  | (637)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized gain on post-retirement plans: | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized gain arising during the period | ​ |  | — | ​ |  | — | ​ |  | —
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized gain on post-retirement plans | ​ |  | — | ​ |  | — | ​ |  | —
Other comprehensive income | ​ | $ | 7,089 | ​ | $ | (1,595) | ​ | $ | 5,494
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Nine Months Ended September 30, 2019 | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized gain on AFS securities: | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized gain arising during the period | ​ | $ | 21,903 | ​ | $ | (5,118) | ​ | $ | 16,785
Less: reclassification adjustment for gains realized in net income | ​ |  | 157 | ​ |  | (37) | ​ |  | 120
Net unrealized gain on AFS securities | ​ |  | 21,746 | ​ |  | (5,081) | ​ |  | 16,665
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized loss on cash flow hedging derivatives: | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized loss arising during the period | ​ |  | (2,372) | ​ |  | 554 | ​ |  | (1,818)
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized loss on cash flow hedging derivatives | ​ |  | (2,372) | ​ |  | 554 | ​ |  | (1,818)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized gain on post-retirement plans: | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized gain arising during the period | ​ |  | — | ​ |  | — | ​ |  | —
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized gain on post-retirement plans | ​ |  | — | ​ |  | — | ​ |  | —
Other comprehensive income | ​ | $ | 19,374 | ​ | $ | (4,527) | ​ | $ | 14,847
Schedule of Changes in Components of Accumulated Other Comprehensive Income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Net unrealized |  | Net loss on |  | Net unrealized |  | ​ | ​
​ | ​ | gain (loss) | ​ | effective cash | ​ | loss | ​ | ​ | ​
​ | ​ | on AFS | ​ | flow hedging | ​ | on pension | ​ | ​ | ​
(in thousands) | ​ | Securities | ​ | derivatives | ​ | plans | ​ | Total
Three Months Ended September 30, 2020 | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Balance at beginning of period | ​ | $ | 11,412 | ​ | $ | (1,734) | ​ | $ | (1,157) | ​ | $ | 8,521
Other comprehensive gain before reclassifications | ​ |  | 269 | ​ |  | 615 | ​ |  | — | ​ |  | 884
Less: amounts reclassified from accumulated other comprehensive income | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
Total other comprehensive income | ​ |  | 269 | ​ |  | 615 | ​ |  | — | ​ |  | 884
Balance at end of period | ​ | $ | 11,681 | ​ | $ | (1,119) | ​ | $ | (1,157) | ​ | $ | 9,405
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three Months Ended September 30, 2019 | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | ​
Balance at beginning of period | ​ | $ | 5,547 | ​ | $ | (3,782) | ​ | $ | (888) | ​ | $ | (5,628)
Other comprehensive gain (loss) before reclassifications | ​ |  | 2,573 | ​ |  | (285) | ​ |  | — | ​ |  | 2,288
Less: amounts reclassified from accumulated other comprehensive income | ​ |  | 120 | ​ |  | — | ​ |  | — | ​ |  | 120
Total other comprehensive income (loss) | ​ |  | 2,453 | ​ |  | (285) | ​ |  | — | ​ |  | 2,168
Balance at end of period | ​ | $ | 8,000 | ​ | $ | (4,067) | ​ | $ | (888) | ​ | $ | 3,045
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Nine Months Ended September 30, 2020 | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | ​
Balance at beginning of period | ​ | $ | 5,550 | ​ | $ | (482) | ​ | $ | (1,157) | ​ | $ | 3,911
Other comprehensive gain (loss) before reclassifications | ​ |  | 7,262 | ​ |  | (637) | ​ |  | — | ​ |  | 6,625
Less: amounts reclassified from accumulated other comprehensive income | ​ |  | 1,131 | ​ |  | — | ​ |  | — | ​ |  | 1,131
Total other comprehensive income (loss) | ​ |  | 6,131 | ​ |  | (637) | ​ |  | — | ​ |  | 5,494
Balance at end of period | ​ | $ | 11,681 | ​ | $ | (1,119) | ​ | $ | (1,157) | ​ | $ | 9,405
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Nine Months Ended September 30, 2019 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at beginning of period | ​ | $ | (8,665) | ​ | $ | (2,249) | ​ | $ | (888) | ​ | $ | (11,802)
Other comprehensive gain (loss) before reclassifications | ​ |  | 16,785 | ​ |  | (1,818) | ​ |  | — | ​ |  | 14,967
Less: amounts reclassified from accumulated other comprehensive income | ​ |  | 120 | ​ |  | — | ​ |  | — | ​ |  | 120
Total other comprehensive income (loss) | ​ |  | 16,665 | ​ |  | (1,818) | ​ |  | — | ​ |  | 14,847
Balance at end of period | ​ | $ | 8,000 | ​ | $ | (4,067) | ​ | $ | (888) | ​ | $ | 3,045
Reclassification out of Accumulated Other Comprehensive Income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended September 30, | ​ | Nine Months Ended September 30, | ​ | ​ | Affected Line Item where
(in thousands) |  | 2020 |  | 2019 |  | 2020 |  | 2019 |  |  | Net Income is Presented
Net realized gains on AFS securities: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​ |
Before tax(1) | ​ | $ | — | ​ | $ | 157 | ​ | $ | 1,486 | ​ | $ | 157 | ​ |  | Non-interest income
Tax effect | ​ |  | — | ​ |  | (37) | ​ |  | (355) | ​ |  | (37) | ​ |  | Tax expense
Total reclassifications for the period | ​ | $ | — | ​ | $ | 120 | ​ | $ | 1,131 | ​ | $ | 120 | ​ |  | Net of tax
(1) | Net realized gains before tax include gross realized gains $1.5 million and realized losses of $22 thousand for the nine months ended September 30, 2020 and gross realized gains of $716 thousand and realized losses of $559 thousand for the three and nine months ended September 30, 2019.

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -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 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 + Details
Name: | us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration