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Accumulated Other Comprehensive Income
9 Months Ended
Sep. 30, 2017
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss
The following table shows changes in accumulated other comprehensive income (loss) by component for the three and nine month periods ended September 30, 2017 and 2016:
 
 
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, 2017
 
(in thousands)
Beginning balance
 
$
(4,969
)
 
$
(1,559
)
 
$
(6,528
)
Other comprehensive income before reclassifications
 
549

 

 
549

Amounts reclassified from accumulated other comprehensive income
 

 
46

 
46

Net current-period other comprehensive income
 
549

 
46

 
595

Ending balance
 
$
(4,420
)
 
$
(1,513
)
 
$
(5,933
)
Three months ended September 30, 2016
 
 
 
 
 
 
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

Nine months ended September 30, 2017
 
 
 
 
 
 
Beginning balance
 
$
(12,704
)
 
$
(6,295
)
 
$
(18,999
)
Other comprehensive income before reclassifications
 
8,284

 
4,604

 
12,888

Amounts reclassified from accumulated other comprehensive income
 

 
178

 
178

Net current-period other comprehensive income
 
8,284

 
4,782

 
13,066

Ending balance
 
$
(4,420
)
 
$
(1,513
)
 
$
(5,933
)
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

__________
(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, 2017 and 2016:
 
 
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
Affected line Item in the Consolidated
 
 
2017
 
2016
 
2017
 
2016
 
Statement of Income
 
 
(in thousands)
 
 
Unrealized gains and losses on available-for-sale securities
 
 
 
 
 
 
 
 
 
 
Investment securities gains
 
$

 
$
572

 
$

 
$
1,174

 
Investment securities gains, net
 
 

 
572

 

 
1,174

 
Total before tax
 
 

 
(208
)
 

 
(426
)
 
Income tax provision
 
 
$

 
$
364

 
$

 
$
748

 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Amortization of pension plan liability
 
 
 
 
 
 
 
 
 
 
Actuarial losses
 
$
(72
)
 
$
(167
)
 
$
(279
)
 
$
(501
)
 
Compensation and employee benefits
 
 
(72
)
 
(167
)
 
(279
)
 
(501
)
 
Total before tax
 
 
26

 
60

 
101

 
182

 
Income tax benefit
 
 
$
(46
)
 
$
(107
)
 
$
(178
)
 
$
(319
)
 
Net of tax