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Accumulated Other Comprehensive Loss | 9 Months Ended
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Sep. 30, 2016
Accumulated Other Comprehensive Loss [Abstract] |
Accumulated Other Comprehensive Loss | (8.) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following tables present the components of other comprehensive income (loss) for the three and nine month periods ended September 30, 2016 and 2015 (in thousands):
|  | Pre-tax |  |  |  |  |  | Net-of-tax |
|  | Amount |  |  | Tax Effect |  |  | Amount |
Three months ended September 30, 2016 |  |  |  |  |  |  |  |  |
Securities available for sale and transferred securities: |  |  |  |  |  |  |  |  |
Change in unrealized gain/loss during the period | $ | (1,922 | ) | $ | (742 | ) | $ | (1,180 | )
Reclassification adjustment for net gains included in net income (1) |  | (433 | ) |  | (167 | ) |  | (266 | )
Total securities available for sale and transferred securities |  | (2,355 | ) |  | (909 | ) |  | (1,446 | )
Amortization of pension and post-retirement items: |  |  |  |  |  |  |  |  |
Prior service credit |  | (12 | ) |  | (5 | ) |  | (7 | )
Net actuarial losses |  | 238 |  |  | 92 |  |  | 146 |
Total pension and post-retirement obligations |  | 226 |  |  | 87 |  |  | 139 |
Other comprehensive loss | $ | (2,129 | ) | $ | (822 | ) | $ | (1,307 | )
Three months ended September 30, 2015 |  |  |  |  |  |  |  |  |
Securities available for sale and transferred securities: |  |  |  |  |  |  |  |  |
Change in unrealized gain/loss during the period | $ | 9,283 |  | $ | 3,583 |  | $ | 5,700 |
Reclassification adjustment for net gains included in net income (1) |  | (338 | ) |  | (130 | ) |  | (208 | )
Total securities available for sale and transferred securities |  | 8,945 |  |  | 3,453 |  |  | 5,492 |
Amortization of pension and post-retirement items: |  |  |  |  |  |  |  |  |
Prior service credit |  | (12 | ) |  | (5 | ) |  | (7 | )
Net actuarial losses |  | 237 |  |  | 92 |  |  | 145 |
Total pension and post-retirement obligations |  | 225 |  |  | 87 |  |  | 138 |
Other comprehensive income | $ | 9,170 |  | $ | 3,540 |  | $ | 5,630 |
(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 remaining unrealized net gains/losses will be amortized/accreted over the remaining life of the investment securities as an adjustment of yield.
|  | Pre-tax |  |  |  |  |  | Net-of-tax |
|  | Amount |  |  | Tax Effect |  |  | Amount |
Nine months ended September 30, 2016 |  |  |  |  |  |  |  |  |
Securities available for sale and transferred securities: |  |  |  |  |  |  |  |  |
Change in unrealized gain/loss during the period | $ | 17,084 |  | $ | 6,593 |  | $ | 10,491 |
Reclassification adjustment for net gains included in net income (1) |  | (2,512 | ) |  | (969 | ) |  | (1,543 | )
Total securities available for sale and transferred securities |  | 14,572 |  |  | 5,624 |  |  | 8,948 |
Amortization of pension and post-retirement items: |  |  |  |  |  |  |  |  |
Prior service credit |  | (36 | ) |  | (14 | ) |  | (22 | )
Net actuarial losses |  | 716 |  |  | 276 |  |  | 440 |
Total pension and post-retirement obligations |  | 680 |  |  | 262 |  |  | 418 |
Other comprehensive income | $ | 15,252 |  | $ | 5,886 |  | $ | 9,366 |
Nine months ended 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 |
(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 remaining unrealized net gains/losses will be amortized/accreted over the remaining life of the investment securities as an adjustment of yield.
Activity in accumulated other comprehensive income (loss), net of tax, for the three and nine month periods ended September 30, 2016 and 2015 was as follows (in thousands):
|  | Securities |  |  |  |  |  |  |  |
|  | Available for |  |  |  | Pension and |  |  | Accumulated |
|  | Sale and |  |  |  | Post- |  |  | Other |
|  | Transferred |  |  |  | retirement |  |  | Comprehensive |
|  | Securities |  |  |  | Obligations |  |  | Income (Loss) |
Three months ended September 30, 2016 |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 9,698 |  | $ |  | (10,352 | ) | $ | (654 | )
Other comprehensive income before reclassifications |  | (1,180 | ) |  |  | - |  |  | (1,180 | )
Amounts reclassified from accumulated other comprehensive income (loss) |  | (266 | ) |  |  | 139 |  |  | (127 | )
Net current period other comprehensive income |  | (1,446 | ) |  |  | 139 |  |  | (1,307 | )
Balance at end of period | $ | 8,252 |  | $ |  | (10,213 | ) | $ | (1,961 | )
Three months ended September 30, 2015 |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | (1,321 | ) | $ |  | (10,361 | ) | $ | (11,682 | )
Other comprehensive income before reclassifications |  | 5,700 |  |  |  | - |  |  | 5,700 |
Amounts reclassified from accumulated other comprehensive income (loss) |  | (208 | ) |  |  | 138 |  |  | (70 | )
Net current period other comprehensive income |  | 5,492 |  |  |  | 138 |  |  | 5,630 |
Balance at end of period | $ | 4,171 |  | $ |  | (10,223 | ) | $ | (6,052 | )
|  | Securities |  |  |  |  |  |  |  |
|  | Available for |  |  |  | Pension and |  |  | Accumulated |
|  | Sale and |  |  |  | Post- |  |  | Other |
|  | Transferred |  |  |  | retirement |  |  | Comprehensive |
|  | Securities |  |  |  | Obligations |  |  | Income (Loss) |
Nine months ended September 30, 2016 |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | (696 | ) | $ |  | (10,631 | ) | $ | (11,327 | )
Other comprehensive income before reclassifications |  | 10,491 |  |  |  | - |  |  | 10,491 |
Amounts reclassified from accumulated other comprehensive income (loss) |  | (1,543 | ) |  |  | 418 |  |  | (1,125 | )
Net current period other comprehensive income |  | 8,948 |  |  |  | 418 |  |  | 9,366 |
Balance at end of period | $ | 8,252 |  | $ |  | (10,213 | ) | $ | (1,961 | )
Nine months ended September 30, 2015 |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 1,625 |  | $ |  | (10,636 | ) | $ | (9,011 | )
Other comprehensive income before reclassifications |  | 3,496 |  |  |  | - |  |  | 3,496 |
Amounts reclassified from accumulated other comprehensive income (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 | )
The following tables present the amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three and nine month periods ended September 30, 2016 and 2015 (in thousands):
|  |  | Amount Reclassified from |  |  |
|  |  | Accumulated Other |  |  |
Details About Accumulated Other |  |  | Comprehensive |  |  | Affected Line Item in the
Comprehensive Income (Loss) Components |  |  | Income (Loss) |  |  | Consolidated Statement of Income
|  |  | Three months ended |  |  |
|  |  | September 30, |  |  |
|  |  | 2016 |  | 2015 |  |  |
Realized gain on sale of investment securities |  | $ | 426 |  | $ | 286 |  |  | 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 |  |  | 7 |  |  | 52 |  |  | Interest income
|  |  | 433 |  |  | 338 |  |  | Total before tax
|  |  | (167 | ) |  | (130 | ) |  | Income tax expense
|  |  | 266 |  |  | 208 |  |  | Net of tax
Amortization of pension and post-retirement items: |  |  |  |  |  |  |  |  |
Prior service credit (1) |  |  | 12 |  |  | 12 |  |  | Salaries and employee benefits
Net actuarial losses (1) |  |  | (238 | ) |  | (237 | ) |  | Salaries and employee benefits
|  |  | (226 | ) |  | (225 | ) |  | Total before tax
|  |  | 87 |  |  | 87 |  |  | Income tax benefit
|  |  | (139 | ) |  | (138 | ) |  | Net of tax
Total reclassified for the period |  | $ | 127 |  | $ | 70 |  |  |
(1) | These items are included in the computation of net periodic pension expense. See Note 10 – Employee Benefit Plans for additional information.
|  | Amount Reclassified from |  |
|  | Accumulated Other |  |
Details About Accumulated Other |  | Comprehensive |  | Affected Line Item in the
Comprehensive Income (Loss) Components |  | Income (Loss) |  | Consolidated Statement of Income
|  | Nine months ended |  |
|  | September 30, |  |
|  | 2016 |  |  | 2015 |  |
Realized gain on sale of investment securities | $ | 2,426 |  | $ | 1,348 |  | 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 |  | 86 |  |  | 198 |  | Interest income
|  | 2,512 |  |  | 1,546 |  | Total before tax
|  | (969 | ) |  | (596 | ) | Income tax expense
|  | 1,543 |  |  | 950 |  | Net of tax
Amortization of pension and post-retirement items: |  |  |  |  |  |  |
Prior service credit (1) |  | 36 |  |  | 36 |  | Salaries and employee benefits
Net actuarial losses (1) |  | (716 | ) |  | (708 | ) | Salaries and employee benefits
|  | (680 | ) |  | (672 | ) | Total before tax
|  | 262 |  |  | 259 |  | Income tax benefit
|  | (418 | ) |  | (413 | ) | Net of tax
Total reclassified for the period | $ | 1,125 |  | $ | 537 |  |
(1) | These items are included in the computation of net periodic pension expense. See Note 10 – Employee Benefit Plans for additional information.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e640-108580 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e716-108580 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e709-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 + Details
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