ACCUMULATED OTHER COMPREHENSIVE INCOME OR LOSS

Accumulated other comprehensive income or loss represents the net unrealized holding gains or losses on securities available for sale and the funded status of the Corporation's defined benefit pension plan and other benefit plans, as of the consolidated balance sheet dates, net of the related tax effect.

The following is a summary of the changes in accumulated other comprehensive income or loss by component, net of tax, for the periods indicated (in thousands):



	Unrealized Gains and Losses on Securities Available for Sale			Defined Benefit and Other Benefit Plans			Total
Balance at January 1, 2016	$	210		$	(11,152	)	$	(10,942	)
Other comprehensive income before reclassification	1,936			—			1,936
Amounts reclassified from accumulated other comprehensive income	(565		)	233			(332		)
Net current period other comprehensive gain	1,371			233			1,604
Balance at March 31, 2016	$	1,581		$	(10,919	)	$	(9,338	)



	Unrealized Gains and Losses on Securities Available for Sale			Defined Benefit and Other Benefit Plans			Total
Balance at January 1, 2015	$	1,960		$	(10,745	)	$	(8,785	)
Other comprehensive loss before reclassification	805			—			805
Amounts reclassified from accumulated other comprehensive income	(31		)	224			193
Net current period other comprehensive gain	774			224			998
Balance at March 31, 2015	$	2,734		$	(10,521	)	$	(7,787	)

The following is the reclassification out of accumulated other comprehensive income for the periods indicated (in thousands):



Details about Accumulated Other Comprehensive Income Components	Three Months Ended March 31,						Affected Line Item in the Statement Where Net Income is Presented
	2016			2015
Unrealized gains and losses on securities available for sale:
Realized gains on securities available for sale	$	(908	)	$	(50	)	Net gains on securities transactions
Tax effect	343			19			Income tax expense
Net of tax	(565		)	(31		)
Amortization of defined pension plan and other benefit plan items:
Prior service costs (a)	(22		)	(22		)	Pension and other employee benefits
Actuarial losses (a)	396			383			Pension and other employee benefits
Tax effect	(141		)	(137		)	Income tax expense
Net of tax	233			224
Total reclassification for the period, net of tax	$	(332	)	$	193

(a) These accumulated other comprehensive income components are included in the computation of net periodic pension and other benefit plan costs (see Note 10 for additional information).