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Other Comprehensive Income
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Other Comprehensive Income

(6) Other Comprehensive Income

The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax, for the three-month periods ended March 31, 2016 and 2015.

 

     For the Three-Month Period Ended     For the Three-Month Period Ended  
     March 31, 2016     March 31, 2015  
     Unrealized
Gains and
Losses on
Available-for-
Sale
Securities
    Defined
Benefit
Pension
Items
    Total     Unrealized
Gains and
Losses on
Available-for-
Sale
Securities
     Defined
Benefit
Pension
Items
    Total  

Beginning balance

   $ 3,554      $ (4,049   $ (495   $ 3,730       $ (3,777   $ (47
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications

     1,261        —          1,261        585         —          585   

Amounts reclassified from accumulated other comprehensive income (loss)

     (3     55        52        —           46        46   
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Net current-period other comprehensive income (loss)

     1,258        55        1,313        585         46        631   
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Ending balance

   $ 4,812      $ (3,994   $ 818      $ 4,315       $ (3,731   $ 584   
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Amounts in parentheses indicate debits on the consolidated balance sheets.

 

The following table presents the amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three-month periods ended March 31, 2016 and 2015.

 

     Amout Reclassified from
Accumulated Other Comprehensive
Income (Loss) (a)
     

Details about Accumulated Other

Comprehensive (Loss)

Components

   For the three
months ended
March 31, 2016
    For the three
months ended
March 31, 2015
   

Affected Line Item in the
Statement Where Net Income is Presented

Unrealized gains and losses on available-for-sale securities

   $ 5      $ —       

Net loss on securities available for sale

Tax effect

     (2     —       

Income tax expense

  

 

 

   

 

 

   
     3        —       

Net of tax

  

 

 

   

 

 

   

Amortization of defined benefit pension items

      

Actuarial gains/(losses)

     (83 )(b)      (70 )(b)   

Salaries, wages and benefits

Tax effect

     28        24     

Income tax expense

  

 

 

   

 

 

   
     (55     (46  

Net of tax

  

 

 

   

 

 

   

Total reclassifications for the period

   $ (52   $ (46  

Net of tax

  

 

 

   

 

 

   

 

(a)  Amounts in parentheses indicate expenses and other amounts indicate income.
(b)  These accumulated other comprehensive income components are included in the computation of net periodic pension cost.