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Other Comprehensive Income (Loss)
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Other Comprehensive Income (Loss) Other Comprehensive Income (Loss)

The following table summarizes activity in the unrealized gain or loss on available for sale securities included in other comprehensive income (loss) for the nine months and quarter ended September 30, 2019 and 2018.
 
For the nine months ended September 30,
For the quarter ended September 30,
 
2019
2018
2019
2018
Balance at beginning of period
$
(5,051,000
)
$
(2,901,000
)
$
2,750,000

$
(7,245,000
)
Unrealized gains (losses) arising during the period
11,074,000

(7,753,000
)
1,199,000

(2,390,000
)
Reclassification of net realized gains during the period
(15,000
)
(137,000
)
(15,000
)
(1,000
)
Related deferred taxes
(2,322,000
)
1,658,000

(248,000
)
503,000

Net change
8,737,000

(6,232,000
)
936,000

(1,888,000
)
Balance at end of period
$
3,686,000

$
(9,133,000
)
$
3,686,000

$
(9,133,000
)


The reclassification of realized gains is included in the net securities gains line of the consolidated statements of income and comprehensive income and the tax effect is included in the income tax expense line of the same statement.
The following table summarizes activity in the unrealized loss on securities transferred from available for sale to held to maturity included in other comprehensive income (loss) for the nine months and quarter ended September 30, 2019 and 2018.
 
For the nine months ended September 30,
For the quarter ended September 30,
 
2019
2018
2019
2018
Balance at beginning of period
$
(197,000
)
$
(174,000
)
$
(190,000
)
$
(189,000
)
Amortization of net unrealized gains (losses)
10,000

(25,000
)
1,000

(6,000
)
Related deferred taxes
(2,000
)
5,000


1,000

Net change
8,000

(20,000
)
1,000

(5,000
)
Balance at end of period
$
(189,000
)
$
(194,000
)
$
(189,000
)
$
(194,000
)


The following table presents the effect of the Company's derivative financial instruments included in other comprehensive income (loss) for the nine months and quarter ended September 30, 2019 and 2018.
 
For the nine months ended September 30,
For the quarter ended September 30,
 
2019
2018
2019
2018
Balance at beginning of period
$
1,438,000

$
1,544,000

$
75,000

$
2,066,000

Unrealized gains (losses) on cash flow hedging derivatives arising during the period
(2,156,000
)
934,000

(430,000
)
273,000

Related deferred taxes
453,000

(196,000
)
90,000

(57,000
)
Net change
(1,703,000
)
738,000

(340,000
)
216,000

Balance at end of period
$
(265,000
)
$
2,282,000

$
(265,000
)
$
2,282,000


The following table summarizes activity in the unrealized gain or loss on postretirement benefits included in other comprehensive income (loss) for the nine months and quarter ended September 30, 2019 and 2018.
 
For the nine months ended September 30,
For the quarter ended September 30,
 
2019
2018
2019
2018
Unrecognized postretirement benefits at beginning of period
$
37,000

$
(147,000
)
$
37,000

$
(147,000
)
Amortization of unrecognized transition obligation




Change in unamortized net actuarial gain (loss)




Related deferred taxes




Unrecognized postretirement benefits at end of period
$
37,000

$
(147,000
)
$
37,000

$
(147,000
)