Note 12 - Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2018

Comprehensive Income (Loss) Note [Text Block]

Note

. Accumulated Other Comprehensive Income

(Loss)

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

	Three Months Ended March 31, 2018
	Unrealized Gains (Losses) on Available- for-Sale Securities			Employee Benefit Plans			Total
(Amounts in thousands)
Beginning balance	$	975		$	(1,815	)	$	(840	)
Other comprehensive loss before reclassifications		(1,697	)		-			(1,697	)
Reclassified from AOCI		-			56			56
Other comprehensive (loss) income, net		(1,697	)		56			(1,641	)
Ending balance	$	(722	)	$	(1,759	)	$	(2,481	)

	Three Months Ended March 31, 2017
	Unrealized Gains (Losses) on Available- for-Sale Securities			Employee Benefit Plans			Total
(Amounts in thousands)
Beginning balance	$	(544	)	$	(1,467	)	$	(2,011	)
Other comprehensive income before reclassifications		407			83			490
Reclassified from AOCI		-			40			40
Other comprehensive income, net		407			123			530
Ending balance	$	(137	)	$	(1,344	)	$	(1,481	)

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

	Three Months Ended
	March 31,				Income Statement
(Amounts in thousands)	2018		2017		Line Item Affected
Employee benefit plans
Amortization of prior service cost	$	59	$	57	(1)
Amortization of net actuarial benefit cost		12		7	(1)
Reclassified out of AOCI, before tax		71		64	Income before income taxes
Income tax expense		15		24	Income tax expense
Reclassified out of AOCI, net of tax		56		40	Net income
Total reclassified out of AOCI, net of tax	$	56	$	40	Net income

(

)

Amortization is included in net periodic pension cost. See Note

10,

"Employee Benefit Plans."