Note 3 - Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2016

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 March 31, 2016									Three Months Ended March 31, 2015
(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	$	3,219		$	(437	)	$	2,782		$	5,174		$	(299	)	$	4,875
Other comprehensive income (loss) before reclassifications		2,787			-			2,787			1,899			(1,251	)		648
Amounts reclassified from accumulated other comprehensive income		(154	)		9			(145	)		(72	)		15			(57	)
Net current-period other comprehensive income (loss)		2,633			9			2,642			1,827			(1,236	)		591
Ending balance	$	5,852		$	(428	)	$	5,424		$	7,001		$	(1,535	)	$	5,466

The following table presents amounts reclassified out of accumulated other comprehensive income by component for the periods 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
(In thousands)	Three Months Ended March 31, 2016			Three Months Ended March 31, 2015
Unrealized gains and losses on available for sale investment securities	$	237		$	111		Investment securities gains, net
		(83	)		(39	)	Income tax expense
	$	154		$	72		Net of tax
Amortization related to postretirement benefits
Prior service costs	$	(13	)	$	(13	)	Salaries and employee benefits
Actuarial losses		(1	)		(10	)	Salaries and employee benefits
		(14	)		(23	)	Total before tax
		5			8		Income tax benefit
	$	(9	)	$	(15	)	Net of tax
Total reclassifications for the period	$	145		$	57		Net of tax