Changes in Accumulated Other Comprehensive Income Balances

9 Months Ended

Sep. 30, 2016

Changes in Accumulated Other Comprehensive Income Balances [Abstract]

Changes in Accumulated Other Comprehensive Income Balances

18. Changes in Accumulated Other Comprehensive Income Balances  

The changes in accumulated other comprehensive income balances as of September 30, 2016 and 2015 were as follows (in thousands):

	Minimum				Accumulated Other
	Pension		Unrealized		Comprehensive
	Liability		Gains (Loss)		Income
Balance at December 31, 2014	$	(2,600)	$	20,401	$	17,801
Other comprehensive income :
Change in net actuarial gain		78		-		78
Tax effect on change in net actuarial gain		(27)		-		(27)
Net unrealized holding losses arising during the period		-		(7,858)		(7,858)
Tax effect on unrealized losses arising during the period		-		2,750		2,750
Reclassification adjustment for gains included in net realized gains		-		(5,881)		(5,881)
Tax effect on reclassification adjustment for gains included in income tax expense		-		2,058		2,058
Other comprehensive income (loss), net of tax		51		(8,931)		(8,880)
Balance at September 30, 2015	$	(2,549)	$	11,470	$	8,921
Balance at December 31, 2015	$	(2,572)	$	9,990	$	7,418
Other comprehensive income :
Change in net actuarial gain		85		-		85
Tax effect on change in net actuarial gain		(30)		-		(30)
Net unrealized holding gains arising during the period		-		7,767		7,767
Tax effect on unrealized gains arising during the period		-		(2,718)		(2,718)
Reclassification adjustment for gains included in net realized gains		-		(1,589)		(1,589)
Tax effect on reclassification adjustment for gains included in income tax expense		-		556		556
Other comprehensive income, net of tax		55		4,016		4,071
Balance at September 30, 2016	$	(2,517)	$	14,006	$	11,489