Other comprehensive loss

3 Months Ended

Mar. 31, 2018

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 March 31, 2018 and December 31, 2017 is as follows:


		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)

Other comprehensive income (loss) and related tax effects for the three months ended March 31, 2018 and 2017 is as follows:


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.