Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2015

Accumulated Other Comprehensive Loss [Abstract]

Components Of Other Comprehensive Income (Loss)


	Pre	-tax						Net	-of-tax
		Amount			Tax Effect				Amount
September 30, 2015
Securities available for sale and transferred securities:
Change in unrealized gain/loss during the period	$	5,693		$	2,197		$		3,496
Reclassification adjustment for net gains included in net income ⁽¹⁾		(1,546	)		(596	)			(950	)
Total securities available for sale and transferred securities		4,147			1,601				2,546
Amortization of pension and post-retirement items:
Prior service credit		(36	)		(14	)			(22	)
Net actuarial losses		708			273				435
Total pension and post-retirement obligations		672			259				413
Other comprehensive income	$	4,819		$	1,860		$		2,959

September 30, 2014
Securities available for sale and transferred securities:
Change in unrealized gain/loss during the period	$	9,923		$	3,931		$		5,992
Reclassification adjustment for net gains included in net income ⁽¹⁾		(2,167	)		(858	)			(1,309	)
Total securities available for sale and transferred securities		7,756			3,073				4,683
Amortization of pension and post-retirement items:
Prior service credit		(36	)		(14	)			(22	)
Net actuarial losses		132			52				80
Total pension and post-retirement obligations		96			38				58
Other comprehensive income	$	7,852		$	3,111		$		4,741

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(1) Includes amounts related to the amortization/accretion of unrealized net gains and losses resulting from the Company's reclassification of available for sale investment securities to the held to maturity category. The remaining unrealized net gains/losses will be amortized/accreted over the remaining life of the investment securities as an adjustment of yield.

Components Of Accumulated Other Comprehensive Income (Loss)


		Securities
		Available for			Pension and			Accumulated
		Sale and			Post-			Other
		Transferred			retirement			Comprehensive
		Securities			Obligations			Loss
September 30, 2015
Balance at beginning of year	$	1,625		$	(10,636	)	$	(9,011	)
Other comprehensive income before reclassifications		3,496			-			3,496
Amounts reclassified from accumulated other comprehensive loss		(950	)		413			(537	)
Net current period other comprehensive income		2,546			413			2,959
Balance at end of period	$	4,171		$	(10,223	)	$	(6,052	)

September 30, 2014
Balance at beginning of year	$	(5,337	)	$	(4,850	)	$	(10,187	)
Other comprehensive income before reclassifications		5,992			-			5,992
Amounts reclassified from accumulated other comprehensive loss		(1,309	)		58			(1,251	)
Net current period other comprehensive income		4,683			58			4,741
Balance at end of period	$	(654	)	$	(4,792	)	$	(5,446	)

Amounts Reclassified Out Of Each Component Of Accumulated Other Comprehensive Income (Loss)


		Amount Reclassified from
Details About Accumulated Other		Accumulated Other					Affected Line Item in the
Comprehensive Loss Components		Comprehensive Loss					Consolidated Statement of Income
		Nine months ended
		September 30,
		2015			2014
Realized gain on sale of investment securities	$	1,348		$	1,777		Net gain on disposal of investment securities
Amortization of unrealized holding gains (losses)
on investment securities transferred from
available for sale to held to maturity		198			390		Interest income
		1,546			2,167		Total before tax
		(596	)		(858	)	Income tax expense
		950			1,309		Net of tax
Amortization of pension and post-retirement items:
Prior service credit ⁽¹⁾		36			36		Salaries and employee benefits
Net actuarial losses ⁽¹⁾		(708	)		(132	)	Salaries and employee benefits
		(672	)		(96	)	Total before tax
		259			38		Income tax benefit
		(413	)		(58	)	Net of tax
Total reclassified for the period	$	537		$	1,251

(1) These items are included in the computation of net periodic pension expense. See Note 11 – Employee Benefit Plans for additional information.