Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2016

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


	Three Months Ended June 30, 2016
(Amounts in thousands)	Unrealized Gains (Losses) on Available- for-Sale Securities			Employee Benefit Plans			Total
Beginning balance	$	(4,337	)	$	(1,396	)	$	(5,733	)
Other comprehensive gain before reclassifications		2,575			44			2,619
Reclassified from AOCI		56			41			97

Net comprehensive income		2,631			85			2,716

Ending balance	$	(1,706	)	$	(1,311	)	$	(3,017	)


		Three Months Ended June 30, 2015
(Amounts in thousands)	Unrealized Gains (Losses) on Available- for-Sale Securities			Employee Benefit Plan			Total
Beginning balance	$	(3,241	)	$	(1,350	)	$	(4,591	)
Other comprehensive loss before reclassifications		(1,525	)		—			(1,525	)
Reclassified from AOCI		(133	)		51			(82	)

Net comprehensive (loss) income		(1,658	)		51			(1,607	)

Ending balance	$	(4,899	)	$	(1,299	)	$	(6,198	)


		Six Months Ended June 30, 2016
(Amounts in thousands)	Unrealized Gains (Losses) on Available- for-Sale Securities			Employee Benefit Plans			Total
Beginning balance	$	(3,885	)	$	(1,362	)	$	(5,247	)
Other comprehensive income (loss) before reclassifications		2,123			(34	)		2,089
Reclassified from AOCI		56			85			141

Net comprehensive income		2,179			51			2,230

Ending balance	$	(1,706	)	$	(1,311	)	$	(3,017	)


		Six Months Ended June 30, 2015
(Amounts in thousands)	Unrealized Gains (Losses) on Available- for-Sale Securities			Employee Benefit Plan			Total
Beginning balance	$	(4,266	)	$	(1,339	)	$	(5,605	)
Other comprehensive loss before reclassifications		(514	)		(62	)		(576	)
Reclassified from AOCI		(119	)		102			(17	)

Net comprehensive (loss) income		(633	)		40			(593	)

Ending balance	$	(4,899	)	$	(1,299	)	$	(6,198	)

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


	Three Months Ended						Six Months Ended
	June 30,						June 30,						Income Statement
(Amounts in thousands)	2016			2015			2016			2015			Line Item Affected
Available-for-sale securities
(Losses) gains recognized		(79	)		213			(78	)		190		Net gain (loss) on sale of securities
Credit-related OTTI recognized		(11	)		—			(11	)		—		Net impairment losses recognized in earnings

Reclassified out of AOCI, before tax		(90	)		213			(89	)		190		Income before income taxes
Income tax effect		(34	)		80			(33	)		71		Income tax expense

Reclassified out of AOCI, net of tax		(56	)		133			(56	)		119		Net income
Employee benefit plans
Amortization of prior service cost		(56	)		(65	)		(113	)		(130	)	(1)
Amortization of net actuarial benefit cost		(9	)		(16	)		(23	)		(33	)	(1)

Reclassified out of AOCI, before tax		(65	)		(81	)		(136	)		(163	)	Income before income taxes
Income tax effect		(24	)		(30	)		(51	)		(61	)	Income tax expense

Reclassified out of AOCI, net of tax		(41	)		(51	)		(85	)		(102	)	Net income

Total reclassified out of AOCI, net of tax	$	(97	)	$	82		$	(141	)	$	17		Net income

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