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ACCUMULATED OTHER COMPREHENSIVE LOSS
3 Months Ended
Mar. 31, 2016
ACCUMULATED OTHER COMPREHENSIVE LOSS [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS
5. ACCUMULATED OTHER COMPREHENSIVE LOSS

 

Accumulated other comprehensive loss includes net loss and all other changes to the Company's Stockholders' Equity, with the exception of transactions with stockholders. The Company's other comprehensive income (loss) and accumulated other comprehensive loss are comprised of unrealized gains and losses on certain investments in debt securities and defined benefit plan adjustments.


(Dollars in thousands)

(Unaudited)            

 

   Unrealized
Gains and
Losses on
Available-for-
Sale
Securities
   Defined
Benefit
Pension Items
   Total 
Balance as of December 31, 2014  $(17)  $(1,651)  $(1,668)
Other comprehensive income before reclassifications   124        124 
Amounts reclassified from accumulated other comprehensive income   (18)       (18)
Net current-period other comprehensive income   106        106 
Balance as of March 31, 2015  $89   $(1,651)  $(1,562)
                
                
                
Balance as of December 31, 2015  $(350)  $(1,784)  $(2,134)
Other comprehensive income before reclassifications   498        498 
Amounts reclassified from accumulated other comprehensive income   (4)       (4)
Net current-period other comprehensive income   494        494 
Balance as of March 31, 2016  $144   $(1,784)  $(1,640)
                
                
                
All amounts are net of tax.               

RECLASSIFICATION ADJUSTMENTS FROM ACCUMULATED OTHER COMPREHENSIVE LOSS

 

   For the Three Months Ended March 31,    
(Dollars in thousands)  2016   2015    
(Unaudited)           
Detail about Accumulated Other Comprehensive Loss Components  Amount Reclassified
from Accumulated
Other Comprehensive
Loss
   Amount Reclassified
from Accumulated
Other Comprehensive
Loss
   Affected Line Item in the  Consolidated Statements of Loss
Net unrealized holding gains - investment securities available-for-sale  $(6)  $(29)  Net realized gains on sales of investments
Income tax expense   2    11   Income tax expense
Total, net of tax   (4)   (18)  Total, net of tax
              
Amortization of defined benefit pension          Salaries and employee benefits
Income tax expense          Income tax expense
Total, net of tax          Total, net of tax
              
Total reclassifications for the period  $(4)  $(18)