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Accumulated Other Comprehensive Income
9 Months Ended
Sep. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss)
The following table shows changes in accumulated other comprehensive income (loss) by component for the three and nine month periods ended September 30, 2016 and 2015:
 
 
Unrealized Gains and Losses on Available-for-Sale Securities (1)
 
Unrealized Gains and Losses on Pension Plan Liability (1)
 
Total (1)
Three months ended September 30, 2016
 
(in thousands)
Beginning balance
 
$
27,280

 
$
(6,469
)
 
$
20,811

Other comprehensive loss before reclassifications
 
(4,049
)
 

 
(4,049
)
Amounts reclassified from accumulated other comprehensive income (loss)
 
(364
)
 
107

 
(257
)
Net current-period other comprehensive income (loss)
 
(4,413
)
 
107

 
(4,306
)
Ending balance
 
$
22,867

 
$
(6,362
)
 
$
16,505

Three months ended September 30, 2015
 
 
 
 
 
 
Beginning balance
 
$
4,819

 
$
(2,030
)
 
$
2,789

Other comprehensive income before reclassifications
 
10,126

 

 
10,126

Amounts reclassified from accumulated other comprehensive income (loss)
 
(151
)
 
62

 
(89
)
Net current-period other comprehensive income
 
9,975

 
62

 
10,037

Ending balance
 
$
14,794

 
$
(1,968
)
 
$
12,826

Nine months ended September 30, 2016
 
 
 
 
 
 
Beginning balance
 
$
386

 
$
(6,681
)
 
$
(6,295
)
Other comprehensive income before reclassifications
 
23,229

 

 
23,229

Amounts reclassified from accumulated other comprehensive income (loss)
 
(748
)
 
319

 
(429
)
Net current-period other comprehensive income
 
22,481

 
319

 
22,800

Ending balance
 
$
22,867

 
$
(6,362
)
 
$
16,505

Nine months ended September 30, 2015
 
 
 
 
 
 
Beginning balance
 
$
7,462

 
$
(1,841
)
 
$
5,621

Other comprehensive income (loss) before reclassifications
 
8,161

 
(280
)
 
7,881

Amounts reclassified from accumulated other comprehensive income (loss)
 
(829
)
 
153

 
(676
)
Net current-period other comprehensive income (loss)
 
7,332

 
(127
)
 
7,205

Ending balance
 
$
14,794

 
$
(1,968
)
 
$
12,826

__________
(1) All amounts are net of tax. Amounts in parenthesis indicate debits.

The following table shows details regarding the reclassifications from accumulated other comprehensive income (loss) for the three and nine month periods ended September 30, 2016 and 2015:
 
 
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
Affected line Item in the Consolidated
 
 
2016
 
2015
 
2016
 
2015
 
Statement of Income
 
 
(in thousands)
 
 
Unrealized gains and losses on available-for-sale securities
 
 
 
 
 
 
 
 
 
 
Investment securities gains
 
$
572

 
$
236

 
$
1,174

 
$
1,300

 
Investment securities gains, net
 
 
572

 
236

 
1,174

 
1,300

 
Total before tax
 
 
(208
)
 
(85
)
 
(426
)
 
(471
)
 
Income tax provision
 
 
$
364

 
$
151

 
$
748

 
$
829

 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Amortization of pension plan liability
 
 
 
 
 
 
 
 
 
 
Actuarial losses
 
$
(167
)
 
$
(97
)
 
$
(501
)
 
$
(240
)
 
Compensation and employee benefits
 
 
(167
)
 
(97
)
 
(501
)
 
(240
)
 
Total before tax
 
 
60

 
35

 
182

 
87

 
Income tax benefit
 
 
$
(107
)
 
$
(62
)
 
$
(319
)
 
$
(153
)
 
Net of tax