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Note 2 - Accumulated Other Comprehensive Income
12 Months Ended
Dec. 31, 2015
Disclosure Text Block [Abstract]  
Comprehensive Income (Loss) Note [Text Block]

2. Accumulated Other Comprehensive Income


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


             

Year Ended December 31,

 

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 (loss) income before reclassifications

    (1,850 )     (198 )     (2,048 )     8,734       (801 )     7,933  

Amounts reclassified from accumulated other comprehensive income

    (105 )     60       (45 )     63       91       154  

Net current-period other comprehensive (loss) income

    (1,955 )     (138 )     (2,093 )     8,797       (710 )     8,087  

Ending balance

  $ 3,219     $ (437 )   $ 2,782     $ 5,174     $ (299 )   $ 4,875  

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. 


         

(In thousands)

 

Amount Reclassified from Accumulated Other Comprehensive Income

 

Affected Line Item in the Statement Where Net Income is Presented

Year Ended December 31,

 

2015

   

2014

   

Unrealized gains and losses on available for sale investment securities

  $ 161     $ (97 )

Investment securities gains (losses), net

      (56 )     34  

Income tax expense

    $ 105     $ (63 )

Net of tax

                   

Amortization related to postretirement benefits

                 

Prior service costs

  $ (51 )   $ (207 )

Salaries and employee benefits

Actuarial (losses) gains

    (42 )     67  

Salaries and employee benefits

      (93 )     (140 )

Total before tax

      33       49  

Income tax expense

    $ (60 )   $ (91 )

Net of tax

                   

Total reclassifications for the period

  $ 45     $ (154 )

Net of tax