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Changes in Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2017
Changes in Accumulated Other Comprehensive Income (Loss)
Note 14: Changes in Accumulated Other Comprehensive Income (Loss)

The balances in accumulated other comprehensive income (loss) are shown in the following tables:

 

     For the Three Months Ended June 30, 2017  
(Dollars in thousands)    Net Unrealized
Gains (Losses)
on Securities
    Pension and
Post-retirement
Benefit Plans
    Accumulated Other
Comprehensive
Income (Loss)
 

Balance April 1, 2017

   $ (490   $ (715   $ (1,205

Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $150

     295       —         295  

Reclassification for previously unrealized net losses recognized in income, net of tax expense of $2

     (5     —         (5
  

 

 

   

 

 

   

 

 

 

Balance June 30, 2017

   $ (200   $ (715   $ (915
  

 

 

   

 

 

   

 

 

 

 

     For the Three Months Ended June 30, 2016  
(Dollars in thousands)    Net Unrealized
Gains (Losses)
on Securities
    Pension and
Post-retirement
Benefit Plans
    Accumulated Other
Comprehensive
Income (Loss)
 

Balance April 1, 2016

   $ 438     $ (883   $ (445

Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $130

     255       —         255  

Reclassification for previously unrealized net gains recognized in income, net of tax expense of $35

     (69     —         (69
  

 

 

   

 

 

   

 

 

 

Balance June 30, 2016

   $ 624     $ (883   $ (259
  

 

 

   

 

 

   

 

 

 

 

     For the Six Months Ended June 30, 2017  
(Dollars in thousands)    Net Unrealized
Gains (Losses)
on Securities
     Pension and
Post-retirement
Benefit Plans
     Accumulated Other
Comprehensive
Income (Loss)
 

Balance January 1, 2017

   $ (520    $ (715    $ (1,235

Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $164

     321        —          321  

Reclassification for previously unrealized net losses recognized in income, net of tax expense of $1

     (1      —          (1
  

 

 

    

 

 

    

 

 

 

Balance June 30, 2017

   $ (200    $ (715    $ (915
  

 

 

    

 

 

    

 

 

 
     For the Six Months Ended June 30, 2016  
(Dollars in thousands)    Net Unrealized
Gains (Losses)
on Securities
     Pension and
Post-retirement
Benefit Plans
     Accumulated Other
Comprehensive
Income (Loss)
 

Balance January 1, 2016

   $ 107      $ (883    $ (776

Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $303

     590        —          590  

Reclassification for previously unrealized net losses recognized in income, net of tax benefit of $37

     (73      —          (73
  

 

 

    

 

 

    

 

 

 

Balance June 30, 2016

   $ 624      $ (883    $ (259
  

 

 

    

 

 

    

 

 

 

Reclassification for previously unrealized gains (losses) and impairments on securities are reported in the Consolidated Statements of Income as follows. No unrealized gains (losses) on pension and post-employment related costs were reclassified to the Consolidated Statements of Income in the three and six months ended June 30, 2017 and 2016.

 

Accumulated Other Comprehensive Income (Loss)

Reclassification for the Three Months Ended

Holding (Losses) Gains on Securities

 
(Dollars in thousands)    June 30, 2017      June 30, 2016  

Net gains on sale of securities available-for-securities

   $ 7      $ 104  

Tax expense

     (2      (35
  

 

 

    

 

 

 

Impact on net income

   $ 5      $ 69  
  

 

 

    

 

 

 

 

Accumulated Other Comprehensive Income (Loss)

Reclassification for the Six Months Ended

Holding (Losses) Gains on Securities

 
(Dollars in thousands)    June 30, 2017      June 30, 2016  

Net gains on sale of securities available-for-securities

   $ 2      $ 110  

Tax expense

     (1      (37
  

 

 

    

 

 

 

Impact on net income

   $ 1      $ 73