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Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2014
Other Comprehensive Income (Loss), Net Of Tax [Abstract]  
Other Comprehensive Income Loss [Text Block]
27. Other Comprehensive Income (Loss)
 
The before and after tax amounts allocated to each component of other comprehensive income (loss) are presented in the table below. Reclassification adjustments related to securities available for sale are included in gains on sale or call of securities and OTTI losses on investment securities in the accompanying consolidated condensed statements of income. Reclassification adjustments related to the defined benefit postretirement medical plan are included in compensation and benefits in the accompanying consolidated condensed statements of income.
 
 
 
Before Tax
Amount
 
Tax Expense
(Benefit)
 
Net of Tax
Amount
 
 
 
(In Thousands)
 
Twelve months ended December 31, 2014:
 
 
 
 
 
 
 
 
 
 
Securities available for sale and transferred securities:
 
 
 
 
 
 
 
 
 
 
Change in net unrealized gain/loss during the period
 
$
6,763
 
$
2,320
 
$
4,443
 
Reclassification adjustment for net gains included in net income
 
 
(932)
 
 
(280)
 
 
(652)
 
Net loss on defined benefit postretirement medical plan realized during the period
 
 
(377)
 
 
(132)
 
 
(245)
 
Net amortization and deferral on defined benefit postretirement medical plan
 
 
35
 
 
12
 
 
23
 
Total other comprehensive income
 
$
5,610
 
$
2,041
 
$
3,569
 
  
 
 
Before Tax
Amount
 
Tax Expense
(Benefit)
 
Net of Tax
Amount
 
 
 
(In Thousands)
 
Twelve months ended December 31, 2013:
 
 
 
 
 
 
 
 
 
 
Securities available for sale and transferred securities:
 
 
 
 
 
 
 
 
 
 
Change in net unrealized gain/loss during the period
 
$
(6,309)
 
$
(2,216)
 
$
(4,093)
 
Reclassification adjustment for net losses included in net income
 
 
240
 
 
92
 
 
148
 
Net gain on defined benefit postretirement medical plan realized during the period
 
 
287
 
 
101
 
 
186
 
Net amortization and deferral on defined benefit postretirement medical plan
 
 
46
 
 
16
 
 
30
 
Total other comprehensive loss
 
$
(5,736)
 
$
(2,007)
 
$
(3,729)
 
 
Activity in accumulated other comprehensive income (loss), net of tax, was as follows:
 
 
 
 
 
 
 
Accumulated
 
 
 
Securities
 
Post-
 
Other
 
 
 
Available
 
retirement
 
Comprehensive
 
 
 
For Sale
 
Benefit
 
Income
 
 
 
(In Thousands)
 
Balance January 1, 2014
 
$
906
 
$
(361)
 
$
545
 
Other comprehensive income before reclassifications
 
 
4,443
 
 
(222)
 
 
4,221
 
Amounts reclassified from accumulated other comprehensive loss
 
 
(652)
 
 
-
 
 
(652)
 
 
 
 
 
 
 
 
 
 
 
 
Net other comprehensive income during period
 
 
3,791
 
 
(222)
 
 
3,569
 
 
 
 
 
 
 
 
 
 
 
 
Balance December 31, 2014
 
$
4,697
 
$
(583)
 
$
4,114
 
 
 
 
 
 
 
 
 
 
 
 
Balance January 1, 2013
 
$
4,851
 
$
(577)
 
$
4,274
 
Other comprehensive loss before reclassifications
 
 
(4,093)
 
 
216
 
 
(3,877)
 
Amounts reclassified from accumulated other comprehensive income
 
 
148
 
 
-
 
 
148
 
 
 
 
 
 
 
 
 
 
 
 
Net other comprehensive loss during period
 
 
(3,945)
 
 
216
 
 
(3,729)
 
 
 
 
 
 
 
 
 
 
 
 
Balance December 31, 2013
 
$
906
 
$
(361)
 
$
545