ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Dec. 31, 2015

Comprehensive Income (Loss) [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 12 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) includes net income (loss) and all other changes in the equity of a business from transactions and other events and circumstances from non-owner sources.  These changes, other than net income (loss), are referred to as “other comprehensive income (loss)” and for the Company include primarily changes in the fair value, net of tax, of its investment securities available-for-sale and pension liability.      

The following are changes in accumulated other comprehensive (loss) income by category (in thousands):

	Investment Securities Available-for-Sale			Cash Flow Hedges			Foreign Currency Translation Adjustments			SERP Pension Liability			Total
Balance, December 31, 2013, net of tax of $(7,839), $(1), $(2) and $(1,853)	$	6,150		$	(4	)	$	(2	)	$	(2,026	)	$	4,118
Changes during 2014	(236		)	4			(3		)	(977		)	(1,212		)
Balance, December 31, 2014, net of tax of $(9,041), $0, $(3) and $(2,700)	5,914			—			(5		)	(3,003		)	2,906
Changes during 2015	(5,948		)	—			(3		)	(488		)	(6,439		)
Balance, December 31, 2015, net of tax of $(10,543), $0, $(4) and $2,524	$	(34	)	$	—		$	(8	)	$	(3,491	)	$	(3,533	)

Amounts reclassified from accumulated other comprehensive income (loss) were reflected in the financial statements, as follows:

Category	Locations in the Consolidated Statement of Operations
Investment securities available-for-sale	Revenues - Financial fund management
Cash flow hedges	Revenues - Commercial finance
SERP pension liability	General and administrative expenses
Foreign currency translation adjustment	Other income (expense)