A rollforward of the components of accumulated other comprehensive income (loss) is included as follows (in thousands):



	Unrealized Gain (Loss) on
	Available for Sale Securities			Investment Securities Transferred from AFS			Employee Benefit Plans			Loss on Effective Cash Flow Hedges			Total
Balance, Dec. 31, 2014	$	59,239		$	376		$	(2,868	)	$	(74	)	$	56,673
Net change in unrealized gain (loss)	57,763			—			—			—			57,763
Reclassification adjustments included in earnings:
Interest revenue, Investment securities, Taxable securities	—			(418		)	—			—			(418		)
Interest expense, Subordinated debentures	—			—			—			121			121
Net impairment losses recognized in earnings	92			—			—			—			92
Gain on available for sale securities, net	(9,926		)	—			—			—			(9,926		)
Other comprehensive income (loss), before income taxes	47,929			(418		)	—			121			47,632
Federal and state income taxes¹	18,644			(162		)	—			47			18,529
Other comprehensive income (loss), net of income taxes	29,285			(256		)	—			74			29,103
Balance, Sept. 30, 2015	$	88,524		$	120		$	(2,868	)	$	—		$	85,776

Balance, Dec. 31, 2015	$	23,284		$	68		$	(1,765	)	$	—		$	21,587
Net change in unrealized gain (loss)	133,108			—			—			—			133,108
Reclassification adjustments included in earnings:
Interest revenue, Investment securities, Taxable securities	—			(112		)	—			—			(112		)
Interest expense, Subordinated debentures	—			—			—			—			—
Net impairment losses recognized in earnings	—			—			—			—			—
Gain on available for sale securities, net	(11,684		)	—			—			—			(11,684		)
Other comprehensive income (loss), before income taxes	121,424			(112		)	—			—			121,312
Federal and state income taxes¹	47,216			(44		)	—			—			47,172
Other comprehensive income (loss), net of income taxes	74,208			(68		)	—			—			74,140
Balance, Sept. 30, 2016	$	97,492		$	—		$	(1,765	)	$	—		$	95,727


¹	Calculated using a 39 percent effective tax rate.