ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

12 Months Ended

Dec. 31, 2016

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



	December 31, 2016
	Total other comprehensive income (loss)												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	$	751	$	234		$	517	$	(133	)	$	384	$	(4,933	)	$	384	$	(4,549	)
Unrealized gain (loss) on derivatives	809		0			809		(301		)	508		(1,599		)	508		(1,091		)
Retirement obligation	884		(1,195		)	2,079		(834		)	1,245		(24,048		)	1,245		(22,803		)
Foreign currency translation	0		0			0		0			0		0			0		0
Total	$	2,444	$	(961	)	$	3,405	$	(1,268	)	$	2,137	$	(30,580	)	$	2,137	$	(28,443	)



	December 31, 2015
	Total other comprehensive income (loss)														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	$	(2,200	)	$	1,505		$	(3,705	)	$	1,278	$	(2,427	)	$	(2,506	)	$	(2,427	)	$	(4,933	)
Unrealized gain (loss) on derivatives	(1,020		)	0			(1,020		)	370		(650		)	(949		)	(650		)	(1,599		)
Retirement obligation	(11,014		)	(1,475		)	(9,539		)	3,395		(6,144		)	(17,904		)	(6,144		)	(24,048		)
Foreign currency translation	50			0			50			0		50			(50		)	50			0
Total	$	(14,184	)	$	30		$	(14,214	)	$	5,043	$	(9,171	)	$	(21,409	)	$	(9,171	)	$	(30,580	)



	December 31, 2014
	Total other comprehensive income (loss)															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	$	21,718		$	70		$	21,648		$	(7,865	)	$	13,783		$	(16,289	)	$	13,783		$	(2,506	)
Unrealized gain (loss) on derivatives	(2,902		)	(432		)	(2,470		)	919			(1,551		)	602			(1,551		)	(949		)
Retirement obligation	(5,058		)	(1,411		)	(3,647		)	1,308			(2,339		)	(15,565		)	(2,339		)	(17,904		)
Foreign currency translation	(21		)	0			(21		)	0			(21		)	(29		)	(21		)	(50		)
Total	$	13,737		$	(1,773	)	$	15,510		$	(5,638	)	$	9,872		$	(31,281	)	$	9,872		$	(21,409	)

The following table details the activity reclassified from accumulated other comprehensive income into income during the period:



	Amount Reclassified from Accumulated Other Comprehensive Income ⁽¹⁾
	December 31,
(Dollars in thousands)	2016			2015			2014			Affected Line Item in the Consolidated Statements of Income
Gain and loss on cash flow hedges
Interest rate contracts	$	0		$	0		$	(432	)	Interest expense - deposits
Realized gains and losses on securities available-for-sale	234			1,505			70			Gains on sales of investments securities
Defined benefit pension plan
Amortization of prior service cost ⁽²⁾	413			413			413			Salaries and employee benefits
Recognized net actuarial loss ⁽²⁾	(1,608		)	(1,888		)	(1,824		)	Salaries and employee benefits
Amortization and settlement charges of defined benefit pension items	(1,195		)	(1,475		)	(1,411		)
Total reclassifications for the period, before tax	$	(961	)	$	30		$	(1,773	)

⁽¹⁾ Negative amounts are debits to profit/loss.

⁽²⁾ Included in the computation of net periodic pension cost (see Note 15 - Employee Benefit Plans for additional details).