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Other Comprehensive Income (Loss) (Notes)
 3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Other Comprehensive Income (Loss)
Other Comprehensive Income
The following table presents the components of other comprehensive income both gross and net of tax, for the three months ended March 31, 2015 and 2014 (in thousands):
 
 
Three months ended March 31,
 
 
2015
 
2014
 
 
Before
Tax
 
Tax
Effect
 
After
Tax
 
Before
Tax
 
Tax
Effect
 
After
Tax
Components of Other Comprehensive Income:
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains and losses on securities available for sale:
 
 
 
 
 
 
 
 
 
 
 
 
Net gains arising during the period
 
$
6,202

 
(2,491
)
 
3,711

 
6,287

 
(2,568
)
 
3,719

Reclassification adjustment for (gains) losses included in net income
 
(2
)
 
1

 
(1
)
 
350

 
(143
)
 
207

Total
 
6,200

 
(2,490
)
 
3,710

 
6,637

 
(2,711
)
 
3,926

Amortization related to post-retirement obligations
 
(7
)
 
3

 
(4
)
 
(81
)
 
33

 
(48
)
Total other comprehensive income
 
$
6,193

 
(2,487
)
 
3,706

 
6,556

 
(2,678
)
 
3,878


The following tables present the changes in the components of accumulated other comprehensive income, net of tax, for the three months ended March 31, 2015 and 2014 (in thousands):
 
 
Changes in Accumulated Other Comprehensive Income by Component, net of tax
For the three months ended March 31,
 
 
2015
 
2014
 
 
Unrealized
Gains on Securities
Available for 
Sale
 
Post  Retirement
Obligations
 
Accumulated
Other
Comprehensive
Income
 
Unrealized
Gains on Securities
Available for 
Sale
 
Post  Retirement
Obligations
 
Accumulated
Other
Comprehensive
Income
Balance at December 31,
 
$
7,743

 
(7,714
)
 
29

 
(2,799
)
 
(2,052
)
 
(4,851
)
Current period change in other comprehensive income (loss)
 
3,710

 
(4
)
 
3,706

 
3,926

 
(48
)
 
3,878

Balance at March 31,
 
$
11,453

 
(7,718
)
 
3,735

 
1,127

 
(2,100
)
 
(973
)

The following tables summarize the reclassifications out of accumulated other comprehensive income to the consolidated statements of income for the three months ended March 31, 2015 and 2014 (in thousands):
 
 
Reclassifications Out of Accumulated Other Comprehensive
Income ("AOCI")
 
 
Amount reclassified from AOCI for the three months ended March 31,
 
Affected line item in the Consolidated
Statement of Income
 
 
2015
 
2014
 
Details of AOCI:
 
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
 
Realized net gains on the sale of securities available for sale
 
$
2

 
$
(350
)
 
Net gain on securities transactions
 
 
(1
)
 
143

 
Income tax expense
 
 
1

 
(207
)
 
Net of tax
 
 
 
 
 
 
 
Post retirement obligations:
 
 
 
 
 
 
Amortization of actuarial losses (gains)
 
194

 
42

 
Compensation and employee benefits (1)
 
 
(79
)
 
(17
)
 
Income tax expense
 
 
115

 
25

 
Net of tax
Total reclassifications
 
$
116

 
$
(182
)
 
Net of tax
(1)
This item is included in the computation of net periodic benefit cost. See Note 6. Components of Net Periodic Benefit Cost.