Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2015

The following tables present the activity in accumulated other comprehensive income (“AOCI”), net of tax, by component for the periods indicated:


	Three Months Ended September 30,
	2015									2014
	Unrealized Gains (Losses) on Available-for-Sale Securities			Employee Benefit Plan			Total			Unrealized Gains (Losses) on Available-for-Sale Securities			Employee Benefit Plan			Total
(Amounts in thousands)
Beginning balance	$	(4,899	)	$	(1,299	)	$	(6,198	)	$	(5,736	)	$	(1,001	)	$	(6,737	)
Other comprehensive gain before reclassifications		2,433			102			2,535			186			81			267
Reclassified from AOCI		(24	)		(51	)		(75	)		63			(41	)		22

Net comprehensive gain		2,409			51			2,460			249			40			289

Ending balance	$	(2,490	)	$	(1,248	)	$	(3,738	)	$	(5,487	)	$	(961	)	$	(6,448	)


	Nine Months Ended September 30,
	2015									2014
	Unrealized Gains (Losses) on Available-for-Sale Securities			Employee Benefit Plan			Total			Unrealized Gains (Losses) on Available-for-Sale Securities			Employee Benefit Plan			Total
(Amounts in thousands)
Beginning balance	$	(4,266	)	$	(1,339	)	$	(5,605	)	$	(13,640	)	$	(1,100	)	$	(14,740	)
Other comprehensive gain before reclassifications		1,682			244			1,926			8,422			261			8,683
Reclassified from AOCI		94			(153	)		(59	)		(269	)		(122	)		(391	)

Net comprehensive gain		1,776			91			1,867			8,153			139			8,292

Ending balance	$	(2,490	)	$	(1,248	)	$	(3,738	)	$	(5,487	)	$	(961	)	$	(6,448	)

The following table presents reclassifications out of AOCI by component in the periods indicated:


	Three Months Ended						Nine Months Ended
	September 30,						September 30,						Income Statement
(Amounts in thousands)	2015			2014			2015			2014			Line Item Affected
Available-for-sale securities
(Losses) gains realized in net income	$	(39	)	$	320		$	151		$	306		Net gain (loss) on sale of securities
Credit-related OTTI recognized in net income		—			(219	)		—			(737	)	Net impairment losses recognized in earnings

		(39	)		101			151			(431	)	Income before income taxes
Income tax effect		(15	)		38			57			(162	)	Income tax expense

		(24	)		63			94			(269	)	Net income
Employee benefit plans
Amortization of prior service cost		(65	)		(66	)		(195	)		(195	)	(1)
Amortization of losses		(17	)		—			(50	)		—		(1)

		(82	)		(66	)		(245	)		(195	)	Income before income taxes
Income tax effect		(31	)		(25	)		(92	)		(73	)	Income tax expense

		(51	)		(41	)		(153	)		(122	)	Net income

Reclassified from AOCI, net of tax	$	(75	)	$	22		$	(59	)	$	(391	)	Net income

(1)	Amortization is included in net periodic pension cost. See Note 10, “Employee Benefit Plans.”