Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2015

Comprehensive Income (Loss) [Abstract]

Comprehensive Income (Loss) Note [Text Block]

Note 15.Comprehensive Income (Loss)

FASB ASC Topic 220, “Comprehensive Income” (“ASC Topic 220”), requires the reporting of all changes in equity during the reporting period except investments from and distributions to shareholders.  Net income is a component of comprehensive income (loss) with all other components referred to in the aggregate as other comprehensive income.  Unrealized gains and losses on AFS securities is an example of another comprehensive income (loss) component.

	For the nine months ended September 30, 2015
			Tax
	Before tax		expense		Net of tax
(In thousands)	amount		(benefit)		amount
Unrealized gains on investment securities:
Unrealized holding gains arising during period	$	2,011	$	691	$	1,320
Less reclassification adjustment for gains
realized in net income		652		222		430
Unrealized gains on investment securities		1,359		469		890
Unrecognized benefit obligation expense:
Less reclassification adjustment for amortization		(51)		—		(51)
Unrecognized benefit obligation		(51)		—		(51)
Unrealized loss on derivative instrument		(708)		(241)		(467)
Other comprehensive income, net	$	600	$	228	$	372

	For the nine months ended September 30, 2014
			Tax
	Before tax		expense		Net of tax
(In thousands)	amount		(benefit)		amount
Unrealized gains on investment securities:
Unrealized holding gains arising during period	$	6,570	$	2,101	$	4,469
Less reclassification adjustment for gains
realized in net income		330		112		218
Unrealized gains on investment securities		6,240		1,989		4,251
Unrecognized benefit obligation expense:
Reclassification adjustment for amortization		85		29		56
Unrecognized benefit obligation		85		29		56
Other comprehensive income, net	$	6,325	$	2,018	$	4,307

The other components of accumulated other comprehensive loss included in shareholders’ equity at September 30, 2015 and December 31, 2014 are as follows:

	September 30,		December 31,
(In thousands)	2015		2014
Unrecognized benefit obligation	$	(4,076)	$	(4,025)
Unrealized gains (losses) on AFS investments		2,423		1,720
Unrealized loss on derivative instrument		(467)		(187)
Accumulated other comprehensive loss	$	(2,120)	$	(2,492)