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Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
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 six months and quarters ended June 30, 2017 and 2016.
 
For the six months ended June 30,
For the quarter ended June 30,
 
2017
2016
2017
2016
Balance at beginning of period
$
(129,000
)
$
(112,000
)
$
(133,000
)
$
(123,000
)
Amortization of net unrealized losses
(12,000
)
(32,000
)
(6,000
)
(15,000
)
Related deferred taxes
4,000

11,000

2,000

5,000

Net change
(8,000
)
(21,000
)
(4,000
)
(10,000
)
Balance at end of period
$
(137,000
)
$
(133,000
)
$
(137,000
)
$
(133,000
)












The following table presents the effect of the Company's derivative financial instruments included in other comprehensive income (loss) for the six months and quarters ended June 30, 2017 and 2016.
 
For the six months ended June 30,
For the quarter ended June 30,
 
2017
2016
2017
2016
Balance at beginning of period
$
1,163,000

$

$
1,226,000

$

Unrealized losses on cash flow hedging derivatives arising during the period
(167,000
)
(208,000
)
(263,000
)
(208,000
)
Related deferred taxes
59,000

73,000

92,000

73,000

Net change
(108,000
)
(135,000
)
(171,000
)
(135,000
)
Balance at end of period
$
1,055,000

$
(135,000
)
$
1,055,000

$
(135,000
)


The following table summarizes activity in the unrealized gain or loss on postretirement benefits included in other comprehensive income (loss) for the six months and quarters ended June 30, 2017 and 2016.
 
For the six months ended June 30,
For the quarter ended June 30,
 
2017
2016
2017
2016
Unrecognized postretirement benefits at beginning of period
$
(102,000
)
$
(156,000
)
$
(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
)
$
(102,000
)
$
(156,000
)
The following table summarizes activity in the unrealized gain or loss on available for sale securities included in other comprehensive income (loss) for the six months and quarters ended June 30, 2017 and 2016.
 
For the six months ended June 30,
For the quarter ended June 30,
 
2017
2016
2017
2016
Balance at beginning of period
$
(935,000
)
$
1,123,000

$
(934,000
)
$
2,975,000

Unrealized gains arising during the period
541,000

4,957,000

536,000

1,570,000

Reclassification of realized (gains) losses during the period
(3,000
)
(531,000
)

5,000

Related deferred taxes
(188,000
)
(1,549,000
)
(187,000
)
(550,000
)
Net change
350,000

2,877,000

349,000

1,025,000

Balance at end of period
$
(585,000
)
$
4,000,000

$
(585,000
)
$
4,000,000