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Other Comprehensive Income
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Other Comprehensive Income

(6) Other Comprehensive Income

The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax. 

 

 

 

For the Nine-Month Period Ended

 

 

For the Nine-Month Period Ended

 

 

 

September 30, 2018(a)

 

 

September 30, 2017(a)

 

 

 

Unrealized

Gains and

Losses on

Available-for-

Sale

Securities

 

 

Defined

Benefit

Pension

Items

 

 

Total

 

 

Unrealized

Gains and

Losses on

Available-for-

Sale

Securities

 

 

Defined

Benefit

Pension

Items

 

 

Total

 

Beginning balance

 

$

3,185

 

 

$

(4,309

)

 

$

(1,124

)

 

$

2,008

 

 

$

(4,345

)

 

$

(2,337

)

Other comprehensive income before reclassifications

 

 

(4,123

)

 

 

 

 

 

(4,123

)

 

 

1,309

 

 

 

 

 

 

1,309

 

Amounts reclassified from accumulated other

   comprehensive loss

 

 

305

 

 

 

339

 

 

 

644

 

 

 

6

 

 

 

625

 

 

 

631

 

Net current-period other comprehensive income

 

 

(3,818

)

 

 

339

 

 

 

(3,479

)

 

 

1,315

 

 

 

625

 

 

 

1,940

 

Reclassification of equity securities from accumulated

   other comprehensive loss

 

 

(278

)

 

 

 

 

 

(278

)

 

 

 

 

 

 

 

 

 

Ending balance

 

$

(911

)

 

$

(3,970

)

 

$

(4,881

)

 

$

3,323

 

 

$

(3,720

)

 

$

(397

)

 

(a)

Amounts in parentheses indicate debits on the consolidated balance sheets.

The following table presents the amounts reclassified out of each component of accumulated other comprehensive income (loss).

 

 

 

Amount Reclassified from

Accumulated Other Comprehensive

Income (Loss) (a)

 

 

 

Details about Accumulated Other

Comprehensive Loss

Components

 

For the Nine

months ended

September 30, 2018

 

 

For the Nine

months ended

September 30, 2017

 

 

Affected Line Item in the

Statement Where Net Income is

Presented

Unrealized losses on available-for-sale securities

 

$

(386

)

 

$

(9

)

 

Net loss on securities

   available for sale

Tax effect

 

 

81

 

 

 

3

 

 

Income tax expense

 

 

 

(305

)

 

 

(6

)

 

Net of tax

Amortization of defined benefit pension items

 

 

 

 

 

 

 

 

 

 

Actuarial gains/(losses) (b)

 

 

(429

)

 

 

(946

)

 

Salaries, wages and benefits

Tax effect

 

 

90

 

 

 

321

 

 

Income tax expense

 

 

 

(339

)

 

 

(625

)

 

Net of tax

Total reclassifications for the period

 

$

(644

)

 

$

(631

)

 

Net of tax

 

(a)

Amounts in parentheses indicate expenses/losses and other amounts indicate income/benefit.

(b)

These accumulated other comprehensive income components are included in the computation of net periodic pension cost.

 

 

 

The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax.

 

 

 

For the Three-Month Period Ended

 

 

For the Three-Month Period Ended

 

 

 

September 30, 2018(a)

 

 

September 30, 2017(a)

 

 

 

Unrealized

Gains and

Losses on

Available-for-

Sale

Securities

 

 

Defined

Benefit

Pension

Items

 

 

Total

 

 

Unrealized

Gains and

Losses on

Available-for-

Sale

Securities

 

 

Defined

Benefit

Pension

Items

 

 

Total

 

Beginning balance

 

$

(173

)

 

$

(4,083

)

 

$

(4,256

)

 

$

3,266

 

 

$

(4,002

)

 

$

(736

)

Other comprehensive income before reclassifications

 

 

(1,048

)

 

 

 

 

 

(1,048

)

 

 

51

 

 

 

 

 

 

51

 

Amounts reclassified from accumulated other

   comprehensive loss

 

 

310

 

 

 

113

 

 

 

423

 

 

 

6

 

 

 

282

 

 

 

288

 

Net current-period other comprehensive income

 

 

(738

)

 

 

113

 

 

 

(625

)

 

 

57

 

 

 

282

 

 

 

339

 

Ending balance

 

$

(911

)

 

$

(3,970

)

 

$

(4,881

)

 

$

3,323

 

 

$

(3,720

)

 

$

(397

)

 

(a)

Amounts in parentheses indicate debits on the consolidated balance sheets.

The following table presents the amounts reclassified out of each component of accumulated other comprehensive income (loss).

 

 

 

Amount Reclassified from

Accumulated Other Comprehensive

Income (Loss) (a)

 

 

 

Details about Accumulated Other

Comprehensive Loss

Components

 

For the Three

months ended

September 30, 2018

 

 

For the Three

months ended

September 30, 2017

 

 

Affected Line Item in the

Statement Where Net Income is

Presented

Unrealized losses on available-for-sale securities

 

$

(392

)

 

$

(9

)

 

Net loss on securities

   available for sale

Tax effect

 

 

82

 

 

 

3

 

 

Income tax expense

 

 

 

(310

)

 

 

(6

)

 

Net of tax

Amortization of defined benefit pension items

 

 

 

 

 

 

 

 

 

 

Actuarial gains/(losses) (b)

 

 

(143

)

 

 

(426

)

 

Other operating expenses

Tax effect

 

 

30

 

 

 

144

 

 

Income tax expense

 

 

 

(113

)

 

 

(282

)

 

Net of tax

Total reclassifications for the period

 

$

(423

)

 

$

(288

)

 

Net of tax

 

(a)

Amounts in parentheses indicate expenses/losses and other amounts indicate income/benefit.

(b)

These accumulated other comprehensive income components are included in the computation of net periodic pension cost.