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Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes activity in the unrealized gain or loss on available for sale securities included in other comprehensive income (loss) for the three months ended March 31, 2017 and 2016.
 
For the three months ended March 31,
 
2017
2016
Balance at beginning of period
$
(935,000
)
$
1,123,000

Unrealized gains arising during the period
5,000

3,385,000

Reclassification of realized gains during the period
(3,000
)
(536,000
)
Related deferred taxes
(1,000
)
(997,000
)
Net change
1,000

1,852,000

Balance at end of period
$
(934,000
)
$
2,975,000

The following table summarizes activity in the unrealized gain or loss on postretirement benefits included in other comprehensive income (loss) for the three months ended March 31, 2017 and 2016.
 
For the three months ended March 31,
 
2017
2016
Unrecognized postretirement benefits at beginning of period
$
(102,000
)
$
(156,000
)
Amortization of unrecognized transition obligation
—

—

Change in unamortized net actuarial gain (loss)
—

—

Related deferred taxes
—

—

Unrecognized postretirement benefits at end of period
$
(102,000
)
$
(156,000
)
The following table summarizes activity in the unrealized loss on securities transferred from available for sale to held to maturity included in other comprehensive income (loss) for the three months ended March 31, 2017 and 2016.
 
For the three months ended March 31,
 
2017
2016
Balance at beginning of period
$
(129,000
)
$
(112,000
)
Amortization of net unrealized losses
(6,000
)
(17,000
)
Related deferred taxes
2,000

6,000

Net change
(4,000
)
(11,000
)
Balance at end of period
$
(133,000
)
$
(123,000
)
The following table presents the effect of the Company's derivative financial instruments included in other comprehensive income (loss) for the three months ended March 31, 2017 and 2016.
 
For the three months ended March 31,
 
2017
2016
Balance at beginning of period
$
1,163,000

$
—

Unrealized gains on cash flow hedging derivatives arising during the period
96,000

—

Related deferred taxes
(33,000
)
—

Net change
63,000

—

Balance at end of period
$
1,226,000

$
—