ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

Mar. 31, 2016

The related tax effects allocated to other comprehensive income and reclassifications out of accumulated other comprehensive income (loss) are as follows



	Three months ended March 31, 2016
	Total other comprehensive income												Total accumulated other comprehensive income (loss)
(Dollars in thousands)	Prior to Reclassification		Reclassification from			Pre-tax		Tax-effect			Net of tax		Beginning Balance			Net Activity		Ending Balance
Unrealized gain (loss) on investment securities	$	10,975	$	24		$	10,951	$	(3,908	)	$	7,043	$	(4,933	)	$	7,043	$	2,110
Unrealized gain (loss) on derivatives	202		0			202		(74		)	128		(1,599		)	128		(1,471		)
Retirement obligation	0		(317		)	317		(117		)	200		(24,048		)	200		(23,848		)
Total	$	11,177	$	(293	)	$	11,470	$	(4,099	)	$	7,371	$	(30,580	)	$	7,371	$	(23,209	)



	Three months ended March 31, 2015
	Total other comprehensive income															Total accumulated other comprehensive income (loss)
(Dollars in thousands)	Prior to Reclassification			Reclassification from			Pre-tax			Tax-effect			Net of tax			Beginning Balance			Net Activity			Ending Balance
Unrealized gain (loss) on investment securities	$	7,808		$	0		$	7,808		$	(2,800	)	$	5,008		$	(2,506	)	$	5,008		$	2,502
Unrealized gain (loss) on derivatives	(1,293		)	0			(1,293		)	477			(816		)	(949		)	(816		)	(1,765		)
Retirement obligation	0			(350		)	350			(167		)	183			(17,904		)	183			(17,721		)
Foreign currency translation	(20		)	0			(20		)	0			(20		)	(50		)	(20		)	(70		)
Total	$	6,495		$	(350	)	$	6,845		$	(2,490	)	$	4,355		$	(21,409	)	$	4,355		$	(17,054	)

Other Accumulated Comprehensive income reclassified from AOCI

The following table presents the activity reclassified from accumulated other comprehensive income into income during the three month period:



	Amount reclassified from accumulated other comprehensive income ⁽¹⁾
	Three months ended
	March 31,
(Dollars in thousands)	2016			2015			Affected Line Item in the Consolidated Statements of Income
Gains and losses on cash flow hedges
Interest rate contracts	$	0		$	0		Interest expense - deposits
Realized gains and losses on securities available-for-sale	24			0			Gains on sales of investments securities
Defined benefit pension plan
Amortization of prior service cost ⁽²⁾	103			100			Salaries and employee benefits
Recognized net actuarial loss⁽²⁾	(420		)	(450		)	Salaries and employee benefits
Amortization and settlement charges of defined benefit pension items	(317		)	(350		)	Salaries and employee benefits
Total reclassifications for the period, before tax	$	(293	)	$	(350	)

(1) Negative amounts are reductions to net income.

(2) Included in the computation of net periodic pension cost (see Note 12 - Employee Benefit Plans for additional details).