Note 3 - Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2015

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,	2015								2014
(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	$	3,935		$	(1,520	)	$	2,415	$	5,021		$	457	$	5,478
Other comprehensive income (loss) before reclassifications		1,905			-			1,905		(1,522	)		-		(1,522	)
Amounts reclassified from accumulated other comprehensive income		(5	)		15			10		(7	)		22		15
Net current-period other comprehensive income (loss)		1,900			15			1,915		(1,529	)		22		(1,507	)
Ending balance	$	5,835		$	(1,505	)	$	4,330	$	3,492		$	479	$	3,971

Nine months ended September 30,	2015									2014
(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	$	5,174		$	(299	)	$	4,875		$	(3,623	)	$	411	$	(3,212	)
Other comprehensive income (loss) before reclassifications		747			(1,251	)		(504	)		7,049			-		7,049
Amounts reclassified from accumulated other comprehensive income		(86	)		45			(41	)		66			68		134
Net current-period other comprehensive income (loss)		661			(1,206	)		(545	)		7,115			68		7,183
Ending balance	$	5,835		$	(1,505	)	$	4,330		$	3,492		$	479	$	3,971

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)	2015			2014			2015			2014
Unrealized gains and losses on available for sale investment securities	$	8		$	11		$	132		$	(102	)	Investment securities gains (losses), net
		(3	)		(4	)		(46	)		36		Income tax (expense) benefit
	$	5		$	7		$	86		$	(66	)	Net of tax
Amortization related to postretirement benefits
Prior service costs	$	(13	)	$	(51	)	$	(38	)	$	(155	)	Salaries and employee benefits
Actuarial (losses) gains		(10	)		17			(31	)		50		Salaries and employee benefits
		(23	)		(34	)		(69	)		(105	)	Total before tax
		8			12			24			37		Income tax benefit
	$	(15	)	$	(22	)	$	(45	)	$	(68	)	Net of tax
Total reclassifications for the period	$	(10	)	$	(15	)	$	41		$	(134	)	Net of tax