Other comprehensive loss

6 Months Ended

Jun. 30, 2017

2. Other comprehensive loss:

The components of other comprehensive loss and their related tax effects are reported in the Consolidated Statements of Income and Comprehensive Income. The accumulated other comprehensive loss included in the Consolidated Balance Sheets relates to net unrealized gains and losses on investment securities available-for-sale and benefit plan adjustments.

The components of accumulated other comprehensive loss included in stockholders’ equity at June 30, 2017 and December 31, 2016 is as follows:


	June 30, 2017		December 31, 2016
Net unrealized gain on investment securities available-for-sale	$	2,010	$	553
Income tax		703		193
Net of income taxes		1,307		360
Benefit plan adjustments		(6,946)		(6,946)
Income tax		(2,431)		(2,431)
Net of income taxes		(4,515)		(4,515)
Accumulated other comprehensive loss	$	(3,208)	$	(4,155)

Other comprehensive income (loss) and related tax effects for the three and six months ended June 30, 2017 and 2016 is as follows:


Three Months Ended June 30,	2017		2016
Unrealized gain on investment securities available-for-sale	$	1,184	$	1,128
Net gain on the sale of investment securities available-for-sale(1)				(381)
Other comprehensive income gain before taxes		1,184		747
Income tax expense		415		261
Other comprehensive income	$	769	$	486


Six Months Ended June 30,	2017		2016
Unrealized gain on investment securities available-for-sale	$	1,457	$	2,123
Net gain on the sale of investment securities available-for-sale(1)				(623)
Other comprehensive income gain before taxes		1,457		1,500
Income tax expense		510		525
Other comprehensive income	$	947	$	975

(1)Represents amounts reclassified out of accumulated comprehensive loss and included in gains on sale of investment securities on the consolidated statements of income and comprehensive income.