Note 3 - Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2014

Disclosure Text Block [Abstract]

Comprehensive Income (Loss) Note [Text Block]

3. Accumulated Other Comprehensive Income

The following table presents changes in accumulated other comprehensive income by component, net of tax, for the periods indicated.

Three months ended September 30,	2014								2013
(In thousands)	Unrealized Gains and Losses on Available for Sale Investment Securities			Postretirement Benefit Obligation		Total			Unrealized Gains and Losses on Available for Sale Investment Securities			Postretirement Benefit Obligation			Total
Beginning balance	$	5,021		$	457	$	5,478		$	(1,810	)	$	(2,454	)	$	(4,264	)
Other comprehensive (loss) income before reclassifications		(1,522	)		-		(1,522	)		1,694			-			1,694
Amounts reclassified from accumulated other comprehensive income		(7	)		22		15			(1	)		43			42
Net current-period other comprehensive (loss) income		(1,529	)		22		(1,507	)		1,693			43			1,736
Ending balance	$	3,492		$	479	$	3,971		$	(117	)	$	(2,411	)	$	(2,528	)

Nine months ended September 30,	2014								2013
(In thousands)	Unrealized Gains and Losses on Available for Sale Investment Securities			Postretirement Benefit Obligation		Total			Unrealized Gains and Losses on Available for Sale Investment Securities			Postretirement Benefit Obligation			Total
Beginning balance	$	(3,623	)	$	411	$	(3,212	)	$	9,411		$	(2,542	)	$	6,869
Other comprehensive income (loss) before reclassifications		7,049			-		7,049			(9,490	)		-			(9,490	)
Amounts reclassified from accumulated other comprehensive income		66			68		134			(38	)		131			93
Net current-period other comprehensive income (loss)		7,115			68		7,183			(9,528	)		131			(9,397	)
Ending balance	$	3,492		$	479	$	3,971		$	(117	)	$	(2,411	)	$	(2,528	)

The following table presents amounts reclassified out of accumulated other comprehensive income by component for the period indicated. Line items in the statement of income affected by the reclassification are also presented.

	Amount Reclassified from Accumulated Other Comprehensive Income												Affected Line Item in the Statement Where Net Income is Presented
	Three months ended September 30,						Nine months ended September 30,
(In thousands)	2014			2013			2014			2013
Unrealized gains and losses on available for sale investment securities	$	11		$	2		$	(102	)	$	58		Investment securities gains (losses), net
		(4	)		(1	)		36			(20	)	Income tax expense
	$	7		$	1		$	(66	)	$	38		Net of tax
Amortization related to postretirement benefits
Prior service costs	$	(51	)	$	(65	)	$	(155	)	$	(193	)	Salaries and employee benefits
Actuarial gains (losses)		17			(3	)		50			(9	)	Salaries and employee benefits
		(34	)		(68	)		(105	)		(202	)	Total before tax
		12			25			37			71		Income tax benefit
	$	(22	)	$	(43	)	$	(68	)	$	(131	)	Net of tax
Total reclassifications for the period	$	(15	)	$	(42	)	$	(134	)	$	(93	)	Net of tax