XML 34 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 13 - Accumulated Other Comprehensive Income
 6 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]
13.
             Accumulated Other Comprehensive Loss:
 
The following table sets forth the changes in accumulated other comprehensive loss by component for the
three
months ended
June 30, 2017:
 
    Unrealized Gains   Unrealized Gains        
    (Losses) on   (Losses) on        
    Available for Sale   Cash flow   Defined Benefit    
    Securities   Hedges   Pension Items   Total
    (In thousands)
                 
Beginning balance, net of tax   $
(2,711
 )   $
-
     $
(4,423
 )   $
(7,134
 )
Other comprehensive income before reclassifications, net of tax    
601
      
(124
 )    
-
     $
477
  
                                 
Amounts reclassified from accumulated other comprehensive income, net of tax    
-
      
-
      
81
      
81
  
                                 
Net current period other comprehensive income, net of tax    
601
      
(124
 )    
81
      
558
  
                                 
Ending balance, net of tax   $
(2,110
 )   $
(124
 )   $
(4,342
 )   $
(6,576
 )
 
The following table sets forth the changes in accumulated other comprehensive loss by component for the
three
months ended
June 30, 2016:
 
    Unrealized Gains        
    (Losses) on        
    Available for Sale   Defined Benefit    
    Securities   Pension Items   Total
    (In thousands)
             
Beginning balance, net of tax   $
6,249
     $
(4,938
 )   $
1,311
  
Other comprehensive income before reclassifications, net of tax    
3,024
      
-
     $
3,024
  
                         
Amounts reclassified from accumulated other comprehensive income, net of tax    
(1,350
 )    
103
      
(1,247
 )
                         
Net current period other comprehensive income, net of tax    
1,674
      
103
      
1,777
  
                         
Ending balance, net of tax   $
7,923
     $
(4,835
 )   $
3,088
  
 
The following table sets forth the changes in accumulated other comprehensive loss by component for the
six
months ended
June 30, 2017:
 
    Unrealized Gains   Unrealized Gains        
    (Losses) on   (Losses) on        
    Available for Sale   Cash flow   Defined Benefit    
    Securities   Hedges   Pension Items   Total
    (In thousands)
                 
Beginning balance, net of tax   $
(3,859
 )   $
-
     $
(4,503
 )   $
(8,362
 )
Other comprehensive income before reclassifications, net of tax    
1,749
      
(124
 )    
-
     $
1,625
  
                                 
Amounts reclassified from accumulated other comprehensive income, net of tax    
-
      
-
      
161
      
161
  
                                 
Net current period other comprehensive income, net of tax    
1,749
      
(124
 )    
161
      
1,786
  
                                 
Ending balance, net of tax   $
(2,110
 )   $
(124
 )   $
(4,342
 )   $
(6,576
 )
 
The following table sets forth the changes in accumulated other comprehensive income by component for the
six
months ended
June 30, 2016:
 
    Unrealized Gains        
    (Losses) on        
    Available for Sale   Defined Benefit    
    Securities   Pension Items   Total
    (In thousands)
             
Beginning balance, net of tax   $
(521
 )   $
(5,041
 )   $
(5,562
 )
Other comprehensive income before reclassifications, net of tax    
9,794
      
-
     $
9,794
  
                         
Amounts reclassified from accumulated other comprehensive income, net of tax    
(1,350
 )    
206
      
(1,144
 )
                         
Net current period other comprehensive income, net of tax    
8,444
      
206
      
8,650
  
                         
Ending balance, net of tax   $
7,923
     $
(4,835
 )   $
3,088
  
 
The following tables set forth significant amounts reclassified from accumulated other comprehensive loss by component for the periods indicated:
 
For the three months ended June 30, 2017
         
    Amounts Reclassified from    
Details about Accumulated Other   Accumulated Other   Affected Line Item in the Statement
Comprehensive Loss Components   Comprehensive Loss   Where Net Income is Presented
    (In thousands)    
         
Amortization of defined benefit pension items:            
Actuarial losses   $
(151
 )
(1)
  
Other operating expense
Prior service credits    
11
  
(1)
  
Other operating expense
     
(140
 )
 
  
Total before tax
     
59
  
 
  
Tax benefit
    $
(81
 )
 
  
Net of tax
 
 
For the three months ended June 30, 2016
         
    Amounts Reclassified from    
Details about Accumulated Other   Accumulated Other   Affected Line Item in the Statement
Comprehensive Loss Components   Comprehensive Loss   Where Net Income is Presented
    (In thousands)    
Unrealized gains on available for sale securities:   $
2,363
  
 
  
Net gain on sale of securities
     
(1,013
 )
 
  
Tax expense
    $
1,350
  
 
  
Net of tax
         
 
    
Amortization of defined benefit pension items:        
 
    
Actuarial losses   $
(192
 )
(1)
  
Other operating expense
Prior service credits    
12
  
(1)
  
Other operating expense
     
(180
 )
 
  
Total before tax
     
77
  
 
  
Tax benefit
    $
(103
 )
 
  
Net of tax
 
For the six months ended June 30, 2017
         
    Amounts Reclassified from    
Details about Accumulated Other   Accumulated Other   Affected Line Item in the Statement
Comprehensive Loss Components   Comprehensive Loss   Where Net Income is Presented
    (In thousands)    
         
Amortization of defined benefit pension items:            
Actuarial losses   $
(302
 )
(1)
  
Other operating expense
Prior service credits    
22
  
(1)
  
Other operating expense
     
(280
 )
 
  
Total before tax
     
119
  
 
  
Tax benefit
    $
(161
 )
 
  
Net of tax
 
For the six months ended June 30, 2016
         
    Amounts Reclassified from    
Details about Accumulated Other   Accumulated Other   Affected Line Item in the Statement
Comprehensive Loss Components   Comprehensive Loss   Where Net Income is Presented
(In thousands)
         
Unrealized gains on available for sale securities:   $
2,363
  
 
  
Net gain on sale of securities
     
(1,013
 )
 
  
Tax expense
    $
1,350
  
 
  
Net of tax
         
 
    
Amortization of defined benefit pension items:        
 
    
Actuarial losses   $
(384
 )
(1)
  
Other operating expense
Prior service credits    
23
  
(1)
  
Other operating expense
     
(361
 )
 
  
Total before tax
     
155
  
 
  
Tax benefit
    $
(206
 )
 
  
Net of tax
 
(
1
)		 These accumulated other comprehensive income components are included in the computation of net periodic pension cost (See Note
9
of the Notes to Consolidated Financial Statements “Pension and Other Postretirement Benefit Plans”.)