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Change in Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Components of Accumulated Other Comprehensive Income

Changes to accumulated other comprehensive income by component are shown net of taxes in the following tables for the period indicated:

 

(In Thousands)    Net change in
investment securities
available-for-sale		     Net change in
securities held-to-
maturity		     Net change in
defined benefit
plan		     Total  

Balance, March 31, 2016

    $ 8,496     $  1,692     $  1,266     $  11,454  

Other comprehensive income before reclassifications

      4,683       —         —         4,683  

Less: Amounts reclassified from accumulated other comprehensive income

      (338 )      (100 )      (22 )      (460 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Net current-period other comprehensive income (loss)

      4,345       (100 )      (22 )      4,223  
  

 

 

    

 

 

    

 

 

    

 

 

  

Balance, June 30, 2016

    $ 12,841     $ 1,592     $ 1,244     $ 15,677  
  

 

 

    

 

 

    

 

 

    

 

 

  

Balance, March 31, 2015

    $ 4,733     $ 2,036     $ 832     $ 7,601  

Other comprehensive loss before reclassifications

      (6,024 )      —         —         (6,024 ) 

Less: Amounts reclassified from accumulated other comprehensive loss

      (296 )      (37 )      (15 )      (348 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Net current-period other comprehensive (loss) income

      (6,320 )      (37 )      (15 )      (6,372 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Balance, June 30, 2015

    $ (1,587 )    $ 1,999     $ 817     $ 1,229  
  

 

 

    

 

 

    

 

 

    

 

 

  

 

(In Thousands)    Net change in
investment securities
available-for-sale		     Net change in
securities held-to-
maturity		     Net change in
defined benefit
plan		     Total  

Balance, December 31, 2015

    $  (1,887)      $  1,795     $ 788     $ 696  

Other comprehensive income before reclassifications

      15,255       —         —         15,255  

Less: Amounts reclassified from accumulated other comprehensive income

      (527 )      (203 )      456       (274 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Net current-period other comprehensive income (loss)

      14,728       (203 )      456       14,981  
  

 

 

    

 

 

    

 

 

    

 

 

  

Balance, June 30, 2016

    $ 12,841     $ 1,592     $ 1,244     $ 15,677  
  

 

 

    

 

 

    

 

 

    

 

 

  

Balance, December 31, 2014

    $ 446     $ 2,207     $ 847     $ 3,500  

Other comprehensive loss before reclassifications

      (1,457 )      —         —         (1,457 ) 

Less: Amounts reclassified from accumulated other comprehensive loss

      (576 )      (208 )      (30 )      (814 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Net current-period other comprehensive loss

      (2,033 )      (208 )      (30 )      (2,271 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Balance, June 30, 2015

    $ (1,587 )    $ 1,999     $ 817     $ 1,229  
  

 

 

    

 

 

    

 

 

    

 

 

  

 
Components of Other Comprehensive Income

The statements of operations impacted by components of other comprehensive income are presented in the table below:

 

(In Thousands)    Three Months Ended
June 30,		    

Affected line item in Statements of

Operations
     2016     2015      

Securities available-for-sale:

       

Realized gains on securities transactions

    $ (545 )    $ (477 )    Security gains, net

Income taxes

      207       181     Income tax provision
  

 

 

    

 

 

    

Net of tax

    $ (338 )    $ (296 )   
  

 

 

    

 

 

    

Net unrealized holding gains on securities transferred between available-for-sale and held-to-maturity:

       

Amortization of net unrealized gains to income during the period

    $ (162 )    $ (157 )    Interest income on investment securities

Income taxes

      62       120     Income tax provision
  

 

 

    

 

 

    

Net of tax

    $ (100 )    $ (37 )   
  

 

 

    

 

 

    

Amortization of Defined Benefit Pension items:

       

Prior service (credits) costs

    $ (19 )    $ (19 )   

Transition obligation

      —         —      

Actuarial losses (gains)

      (16 )      (5 )   
  

 

 

    

 

 

    

Total before tax

    $ (35 )    $ (24 )    Salaries, benefits and other compensation

Income taxes

      13       9     Income tax provision
  

 

 

    

 

 

    

Net of tax

      (22 )      (15 )   
  

 

 

    

 

 

    

Total reclassifications

    $ (460 )    $ (348 )   
  

 

 

    

 

 

    
     Six Months Ended
June 30,		    

Affected line item in Statements of

Operations
     2016     2015      

Securities available-for-sale:

       

Realized gains on securities transactions

    $ (850 )    $ (928 )    Security gains, net

Income taxes

      323       352     Income tax provision
  

 

 

    

 

 

    

Net of tax

    $ (527 )    $ (576 )   
  

 

 

    

 

 

    

Net unrealized holding gains on securities transferred between available-for-sale and held-to-maturity:

       

Amortization of net unrealized gains to income during the  period

    $ (330 )    $ (328 )    Interest income on investment securities

Income taxes

      127       120     Income tax provision
  

 

 

    

 

 

    

Net of tax

    $ (203 )    $ (208 )   
  

 

 

    

 

 

    

Amortization of Defined Benefit Pension items:

       

Prior service (credits) costs

    $ (26 )    $ (37 )   

Transition obligation

      —         —      

Actuarial (gains) losses

      762        (10 )   
  

 

 

    

 

 

    

Total before tax

    $ 736     $ (47 )    Salaries, benefits and other compensation

Income taxes

      (280 )      17     Income tax provision
  

 

 

    

 

 

    

Net of tax

    $ 456     $ (30 )   
  

 

 

    

 

 

    

Total reclassifications

    $ (274 )    $ (814 )