Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2017

Accumulated Other Comprehensive Income (Loss) [Abstract]

Components Of Other Comprehensive Income (Loss)


		Pre-tax						Net-of-tax
		Amount			Tax Effect			Amount
March 31, 2017
Securities available for sale and transferred securities:
Change in unrealized gain/loss during the period	$	1,170		$	451		$	719
Reclassification adjustment for net gains included in net income ⁽¹⁾		(203	)		(78	)		(125	)
Total securities available for sale and transferred securities		967			373			594
Pension and post-retirement obligations:
Amortization of prior service credit included in income		(13	)		(4	)		(9	)
Amortization of net actuarial loss included in income		292			112			180
Total pension and post-retirement obligations		279			108			171
Other comprehensive income	$	1,246		$	481		$	765

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
Pension and post-retirement obligations:
Amortization of prior service credit included in income		(12	)		(5	)		(7	)
Amortization of net actuarial loss included in income		239			93			146
Total pension and post-retirement obligations		227			88			139
Other comprehensive income	$	11,761		$	4,539		$	7,222

(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			Income (Loss)
March 31, 2017
Balance at beginning of year	$	(3,729	)	$	(10,222	)	$	(13,951	)
Other comprehensive income (loss) before reclassifications		719			-			719
Amounts reclassified from accumulated other comprehensive income (loss)		(125	)		171			46
Net current period other comprehensive income (loss)		594			171			765
Balance at end of period	$	(3,135	)	$	(10,051	)	$	(13,186	)

March 31, 2016
Balance at beginning of year	$	(696	)	$	(10,631	)	$	(11,327	)
Other comprehensive income (loss) before reclassifications		7,490			-			7,490
Amounts reclassified from accumulated other comprehensive income (loss)		(407	)		139			(268	)
Net current period other comprehensive income (loss)		7,083			139			7,222
Balance at end of period	$	6,387		$	(10,492	)	$	(4,105	)

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


		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
		March 31,
		2017			2016
Realized gain on sale of investment securities	$	206		$	613		Net gain on investment securities
Amortization of unrealized holding gains (losses)
on investment securities transferred from
available for sale to held to maturity		(3	)		49		Interest income
		203			662		Total before tax
		(78	)		(255	)	Income tax expense
		125			407		Net of tax
Amortization of pension and post-retirement items:
Prior service credit ⁽¹⁾		13			12		Salaries and employee benefits
Net actuarial losses ⁽¹⁾		(292	)		(239	)	Salaries and employee benefits
		(279	)		(227	)	Total before tax
		108			88		Income tax benefit
		(171	)		(139	)	Net of tax
Total reclassified for the period	$	(46	)	$	268

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