| Schedule of other comprehensive income loss |
|
|
Before |
|
Tax |
|
Net of |
|
|
Tax |
|
(Expense) |
|
Tax |
| (Dollars in Thousands) |
|
Amount |
|
Benefit |
|
Amount |
| 2018 |
|
|
|
|
|
|
|
|
|
| Investment Securities: |
|
|
|
|
|
|
|
|
|
| Change in net unrealized gain/loss on securities available for sale |
|
$ |
(409) |
|
$ |
103 |
|
$ |
(306) |
| Amortization of losses on securities transferred from available for sale to |
|
|
|
|
|
|
|
|
|
| held to maturity |
55 |
|
|
(14) |
|
|
41 |
| Total Investment Securities |
|
|
(354) |
|
|
89 |
|
|
(265) |
| Benefit Plans: |
|
|
|
|
|
|
|
|
|
| Reclassification adjustment for amortization of prior service cost |
|
|
199 |
|
|
(50) |
|
|
149 |
| Reclassification adjustment for amortization of net loss |
|
|
5,299 |
|
|
(1,346) |
|
|
3,953 |
| Current year actuarial loss |
|
|
(815) |
|
|
207 |
|
|
(608) |
| Total Benefit Plans |
|
|
4,683 |
|
|
(1,189) |
|
|
3,494 |
|
|
|
|
|
|
|
|
|
|
| Total Other Comprehensive Income |
|
$ |
4,329 |
|
$ |
(1,100) |
|
$ |
3,229 |
|
|
|
|
|
|
|
|
|
|
| 2017 |
|
|
|
|
|
|
|
|
|
| Investment Securities: |
|
|
|
|
|
|
|
|
|
| Change in net unrealized gain/loss on securities available for sale |
|
$ |
(1,459) |
|
$ |
564 |
|
$ |
(895) |
| Amortization of losses on securities transferred from available for sale to |
|
|
|
|
|
|
|
|
|
| held to maturity |
73 |
|
|
(29) |
|
|
44 |
| Total Investment Securities |
|
|
(1,386) |
|
|
535 |
|
|
(851) |
| Benefit Plans: |
|
|
|
|
|
|
|
|
|
| Reclassification adjustment for amortization of prior service cost |
|
|
223 |
|
|
(86) |
|
|
137 |
| Reclassification adjustment for amortization of net loss |
|
|
4,409 |
|
|
(1,622) |
|
|
2,787 |
| Current year actuarial loss |
|
|
(3,470) |
|
|
1,159 |
|
|
(2,311) |
| Total Benefit Plans |
|
|
1,162 |
|
|
(549) |
|
|
613 |
|
|
|
|
|
|
|
|
|
|
| Total Other Comprehensive Loss |
|
$ |
(224) |
|
$ |
(14) |
|
$ |
(238) |
|
|
|
|
|
|
|
|
|
|
| 2016 |
|
|
|
|
|
|
|
|
|
| Investment Securities: |
|
|
|
|
|
|
|
|
|
| Change in net unrealized gain/loss on securities available for sale |
|
$ |
(828) |
|
$ |
322 |
|
$ |
(506) |
| Amortization of losses on securities transferred from available for sale to |
|
|
|
|
|
|
|
|
|
| held to maturity |
82 |
|
|
(32) |
|
|
50 |
| Total Investment Securities |
|
|
(746) |
|
|
290 |
|
|
(456) |
| Benefit Plans: |
|
|
|
|
|
|
|
|
|
| Reclassification adjustment for amortization of prior service cost |
|
|
278 |
|
|
(107) |
|
|
171 |
| Reclassification adjustment for amortization of net loss |
|
|
3,960 |
|
|
(1,528) |
|
|
2,432 |
| Current year actuarial loss |
|
|
(9,958) |
|
|
3,843 |
|
|
(6,115) |
| Total Benefit Plans |
|
|
(5,720) |
|
|
2,208 |
|
|
(3,512) |
|
|
|
|
|
|
|
|
|
|
| Total Other Comprehensive Loss |
|
$ |
(6,466) |
|
$ |
2,498 |
|
$ |
(3,968) |
|
| Activity in accumulated other comprehensive loss, net of tax |
| Accumulated other comprehensive loss was comprised of the following components: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated |
|
|
Securities |
|
|
|
|
Other |
|
|
Available |
|
Retirement |
|
Comprehensive |
| (Dollars in Thousands) |
|
for Sale |
|
Plans |
|
Loss |
| Balance as of January 1, 2018 |
|
$ |
(1,743) |
|
$ |
(30,301) |
|
$ |
(32,044) |
| Other comprehensive (loss) income during the period |
|
|
(265) |
|
|
3,494 |
|
|
3,229 |
| Balance as of December 31, 2018 |
|
$ |
(2,008) |
|
$ |
(26,807) |
|
$ |
(28,815) |
|
|
|
|
|
|
|
|
|
|
| Balance as of January 1, 2017 |
|
$ |
(583) |
|
$ |
(25,642) |
|
$ |
(26,225) |
| Other comprehensive (loss) income during the period |
|
|
(851) |
|
|
613 |
|
|
(238) |
| Adoption of ASU No. 2018-02 |
|
|
(309) |
|
|
(5,272) |
|
|
(5,581) |
| Balance as of December 31, 2017 |
|
$ |
(1,743) |
|
$ |
(30,301) |
|
$ |
(32,044) |
|
|
|
|
|
|
|
|
|
|
| Balance as of January 1, 2016 |
|
$ |
(127) |
|
$ |
(22,130) |
|
$ |
(22,257) |
| Other comprehensive loss during the period |
|
|
(456) |
|
|
(3,512) |
|
|
(3,968) |
| Balance as of December 31, 2016 |
|
$ |
(583) |
|
$ |
(25,642) |
|
$ |
(26,225) |
|