Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2017

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The following table presents the rollforward of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2017 and 2016: 

	Three Months Ended September 30, 2017
(In thousands)	Before Tax			Tax Effect			Net of Tax
Balance at beginning of period	$	4,594		$	(3,529	)	$	1,065
Other comprehensive income (loss):
Unrealized holding gains arising during the period	3,294			(949		)	2,345
Less: Reclassification adjustment for gains included in net income (1)	(564		)	197			(367		)
Net unrealized gains on investments	2,730			(752		)	1,978
Other comprehensive income	2,730			(752		)	1,978
Balance at end of period	$	7,324		$	(4,281	)	$	3,043
	Nine Months Ended September 30, 2017
(In thousands)	Before Tax			Tax Effect			Net of Tax
Balance at beginning of year	$	(14,436	)	$	2,181		$	(12,255	)
Other comprehensive income (loss):
Unrealized holding gains arising during the period	23,523			(7,071		)	16,452
Less: Reclassification adjustment for gains included in net income (1)	(1,763		)	609			(1,154		)
Net unrealized gains on investments	21,760			(6,462		)	15,298
Other comprehensive income	21,760			(6,462		)	15,298
Balance at end of period	$	7,324		$	(4,281	)	$	3,043

	Three Months Ended September 30, 2016
(In thousands)	Before Tax			Tax Effect			Net of Tax
Balance at beginning of period	$	35,485		$	(11,523	)	$	23,962
Other comprehensive income (loss):
Unrealized holding losses arising during the period	(2,470		)	752			(1,718		)
Less: Reclassification adjustment for gains included in net income (1)	(435		)	145			(290		)
Net unrealized losses on investments	(2,905		)	897			(2,008		)
Other comprehensive loss	(2,905		)	897			(2,008		)
Balance at end of period	$	32,580		$	(10,626	)	$	21,954
	Nine Months Ended September 30, 2016
(In thousands)	Before Tax			Tax Effect			Net of Tax
Balance at beginning of year	$	661		$	(760	)	$	(99	)
Other comprehensive income (loss):
Unrealized holding gains arising during the period	33,415			(10,278		)	23,137
Less: Reclassification adjustment for gains included in net income (1)	(1,496		)	412			(1,084		)
Net unrealized gains on investments	31,919			(9,866		)	22,053
Other comprehensive income	31,919			(9,866		)	22,053
Balance at end of period	$	32,580		$	(10,626	)	$	21,954

(1) Included in net realized investment gains on our condensed consolidated statements of comprehensive income.