Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Tables)

v3.19.3
Accumulated Other Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Activity in Accumulated Other Comprehensive Income

Activity in accumulated other comprehensive income for the three months ended September 30, 2019 and 2018 was as follows:
 
Unrealized Gains
and Losses on
Available for Sale
Securities
 
Tax (Expense) Benefit
 
Total
 
(in thousands)
September 30, 2019
 
 
 
 
 
Balance at beginning of period
$
3,336

 
$
(961
)
 
$
2,375

Other comprehensive loss before reclassification
1,873

 
(540
)
 
1,333

Reclassification from accumulated other comprehensive income

 

 

Period change
1,873

 
(540
)
 
1,333

Balance at end of period
$
5,209

 
$
(1,501
)
 
$
3,708

 
 
 
 
 
 
September 30, 2018
 
 
 
 
 
Balance at beginning of period
$
(13,092
)
 
$
3,768

 
$
(9,324
)
Other comprehensive loss before reclassification
(2,750
)
 
798

 
(1,952
)
Reclassification from accumulated other comprehensive income
(19
)
 

 
(19
)
Period change
(2,769
)
 
798

 
(1,971
)
Balance at end of period
$
(15,861
)
 
$
4,566

 
$
(11,295
)


Activity in accumulated other comprehensive income for the nine months ended September 30, 2019 and 2018 was as follows:
 
Unrealized Gains
and Losses on
Available for Sale
Securities
 
Tax Benefit (Expense)
 
Total
 
(in thousands)
September 30, 2019
 
 
 
 
 
Balance at beginning of period
$
(8,536
)
 
$
2,457

 
$
(6,079
)
Other comprehensive loss before reclassification
15,040

 
(3,958
)
 
11,082

Reclassification from accumulated other comprehensive income
(1,295
)
 

 
(1,295
)
Period change
13,745

 
(3,958
)
 
9,787

Balance at end of period
$
5,209

 
$
(1,501
)
 
$
3,708

 
 
 
 
 
 
September 30, 2018
 
 
 
 
 
Balance at beginning of period
$
(3,188
)
 
$
1,319

 
$
(1,869
)
Other comprehensive loss before reclassification
(13,115
)
 
3,793

 
(9,322
)
Reclassification from accumulated other comprehensive income
(87
)
 

 
(87
)
Adjustment to accumulated other comprehensive income related to adoption of ASU 2016-01 and 2018-02 (see Notes 2 and 5)
529

 
(546
)
 
(17
)
Period change
(12,673
)
 
3,247

 
(9,426
)
Balance at end of period
$
(15,861
)
 
$
4,566

 
$
(11,295
)