Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2016

Accumulated Other Comprehensive Loss [Abstract]

Components Of Other Comprehensive Income (Loss)


		Pre-tax						Net-of-tax
		Amount			Tax Effect			Amount
March 31, 2016
Securities available for sale and transferred securities:
Change in unrealized gain/loss during the period	$	12,196		$	4,706		$	7,490
Reclassification adjustment for net gains included in net income ⁽¹⁾		(662	)		(255	)		(407	)
Total securities available for sale and transferred securities		11,534			4,451			7,083
Amortization of pension and post-retirement items:
Prior service credit		(12	)		(5	)		(7	)
Net actuarial losses		239			93			146
Total pension and post-retirement obligations		227			88			139
Other comprehensive income	$	11,761		$	4,539		$	7,222

March 31, 2015
Securities available for sale and transferred securities:
Change in unrealized gain/loss during the period	$	6,396		$	2,436		$	3,960
Reclassification adjustment for net gains included in net income ⁽¹⁾		(1,139	)		(440	)		(699	)
Total securities available for sale and transferred securities		5,257			1,996			3,261
Amortization of pension and post-retirement items:
Prior service credit		(12	)		(5	)		(7	)
Net actuarial losses		236			94			142
Total pension and post-retirement obligations		224			89			135
Other comprehensive income	$	5,481		$	2,085		$	3,396

(1) Includes amounts related to the amortization/accretion of unrealized net gains and losses related to the Company's reclassification of available for sale investment securities to the held to maturity category. The 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
March 31, 2016
Balance at beginning of year	$	(696	)	$	(10,631	)	$	(11,327	)
Other comprehensive income before reclassifications		7,490			-			7,490
Amounts reclassified from accumulated other comprehensive loss		(407	)		139			(268	)
Net current period other comprehensive income		7,083			139			7,222
Balance at end of period	$	6,387		$	(10,492	)	$	(4,105	)

March 31, 2015
Balance at beginning of year	$	1,625		$	(10,636	)	$	(9,011	)
Other comprehensive income before reclassifications		3,960			-			3,960
Amounts reclassified from accumulated other comprehensive loss		(699	)		135			(564	)
Net current period other comprehensive income		3,261			135			3,396
Balance at end of period	$	4,886		$	(10,501	)	$	(5,615	)

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
		Three months ended
		March 31,
		2016			2015
Realized gain on sale of investment securities	$	613		$	1,062		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		49			77		Interest income
		662			1,139		Total before tax
		(255	)		(440	)	Income tax expense
		407			699		Net of tax
Amortization of pension and post-retirement items:
Prior service credit ⁽¹⁾		12			12		Salaries and employee benefits
Net actuarial losses ⁽¹⁾		(239	)		(236	)	Salaries and employee benefits
		(227	)		(224	)	Total before tax
		88			89		Income tax benefit
		(139	)		(135	)	Net of tax

Total reclassified for the period	$	268		$	564

(1) These items are included in the computation of net periodic pension expense. See Note 10 – Employee Benefit Plans for additional information.