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ACCUMULATED OTHER COMPREHENSIVE LOSS
12 Months Ended
Dec. 31, 2019
ACCUMULATED OTHER COMPREHENSIVE LOSS  
Accumulated Other Comprehensive Loss

21. ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the periods ending December 31, 2019, 2018, and 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

 

 

 

YEAR ENDING DECEMBER 31, 2019

 

YEAR ENDING DECEMBER 31, 2018

 

YEAR ENDING DECEMBER 31, 2017

 

    

Net

    

 

 

    

 

 

    

Net

    

 

 

    

 

 

    

Net

    

 

 

    

 

 

 

 

Unrealized

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

 

 

Gains and

 

 

 

 

 

 

 

Gains and

 

 

 

 

 

 

 

Gains and

 

 

 

 

 

 

 

 

Losses on

 

Defined

 

 

 

 

Losses on

 

Defined

 

 

 

 

Losses on

 

Defined

 

 

 

 

 

Investment

 

Benefit

 

 

 

 

Investment

 

Benefit

 

 

 

 

Investment

 

Benefit

 

 

 

 

 

Securities 

 

Pension

 

 

 

 

Securities

 

Pension

 

 

 

 

Securities

 

Pension

 

 

 

 

 

AFS(1)

 

Items(1)

 

Total(1)

 

AFS(1)

 

Items(1)

 

Total(1)

 

AFS(1)

 

Items(1)

 

Total(1)

Beginning balance

 

$

(1,409)

 

$

(12,816)

 

$

(14,225)

 

$

(327)

 

$

(12,623)

 

$

(12,950)

 

$

(171)

 

$

(11,406)

 

$

(11,577)

Reclassification of certain income tax effects from accumulated other comprehensive loss

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

(53)

 

 

(2,078)

 

 

(2,131)

Other comprehensive income (loss) before reclassifications

 

 

3,217

 

 

(6,373)

 

 

(3,156)

 

 

(1,429)

 

 

(1,416)

 

 

(2,845)

 

 

(27)

 

 

1,071

 

 

1,044

Amounts reclassified from accumulated other comprehensive loss

 

 

(93)

 

 

1,303

 

 

1,210

 

 

347

 

 

1,223

 

 

1,570

 

 

(76)

 

 

(210)

 

 

(286)

Net current period other comprehensive income (loss)

 

 

3,124

 

 

(5,070)

 

 

(1,946)

 

 

(1,082)

 

 

(193)

 

 

(1,275)

 

 

(156)

 

 

(1,217)

 

 

(1,373)

Ending balance

 

$

1,715

 

$

(17,886)

 

$

(16,171)

 

$

(1,409)

 

$

(12,816)

 

$

(14,225)

 

$

(327)

 

$

(12,623)

 

$

(12,950)


(1)

Amounts in parentheses indicate debits on the Consolidated Balance Sheets.

The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the periods ending December 31, 2019, 2018, and 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount reclassified from accumulated

 

 

 

 

other comprehensive loss(1)

 

 

 

 

YEAR ENDING

 

YEAR ENDING

 

YEAR ENDING

 

Affected line item in the

Details about accumulated other comprehensive loss components

 

DECEMBER 31, 2019

 

DECEMBER 31, 2018

 

DECEMBER 31, 2017

 

statement of operations

Realized (gains) losses on sale of securities

 

 

 

 

 

 

 

 

 

 

 

 

    

$

(118)

    

$

439

    

$

(115)

    

Net realized (gains) losses on investment securities

 

 

 

25

 

 

(92)

 

 

39

 

Provision for income taxes

 

 

$

(93)

 

$

347

 

$

(76)

 

Net of tax

Amortization of estimated defined benefit pension plan loss(2)

 

 

 

 

 

 

 

 

 

 

 

 

 

$

1,649

 

$

1,548

 

$

(318)

 

Other expense

 

 

 

(346)

 

 

(325)

 

 

108

 

Provision for income taxes

 

 

$

1,303

 

$

1,223

 

$

(210)

 

Net of tax

Total reclassifications for the period

 

$

1,210

 

$

1,570

 

$

(286)

 

Net income


(1)

Amounts in parentheses indicate credits.

(2)

These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 18 for additional details).