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Other comprehensive loss (Tables)
3 Months Ended
Mar. 31, 2018
Other comprehensive loss  
Schedule of components of accumulated other comprehensive loss

 

 

 

 

 

 

 

 

 

    

 

March 31, 2018

    

 

December 31, 2017

 

Net unrealized loss on investment securities available-for-sale

 

$

(3,613)

 

$

(1,237)

 

Income tax

 

 

(759)

 

 

(260)

 

Net of income taxes

 

 

(2,854)

 

 

(977)

 

Benefit plan adjustments

 

 

(6,628)

 

 

(6,628)

 

Income tax

 

 

(1,392)

 

 

(1,392)

 

Net of income taxes

 

 

(5,236)

 

 

(5,236)

 

Accumulated other comprehensive loss

 

$

(8,090)

 

$

(6,213)

 

 

Schedule of other comprehensive income (loss) and related tax effects

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

    

2018

    

2017

 

Unrealized (loss) gain on investment securities available-for-sale

 

$

(2,376)

 

$

273

 

Net gain on the sale of investment securities available-for-sale(1)

 

 

 

 

 

 

 

Other comprehensive (loss) gain before taxes

 

 

(2,376)

 

 

273

 

Income tax

 

 

(501)

 

 

96

 

Other comprehensive (loss) gain before taxes

 

$

(1,875)

 

$

177

 

(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.