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OTHER COMPREHENSIVE INCOME
 12 Months Ended
Dec. 31, 2015
OTHER COMPREHENSIVE INCOME [Abstract]  
OTHER COMPREHENSIVE INCOME
12. OTHER COMPREHENSIVE INCOME
 
The components of accumulated other comprehensive income (loss), net of tax, as of December 31, were as follows (in thousands):
 
 
 2015
 2014
Net unrealized gain on securities available for sale
 $              3,339
 $        4,687
Tax effect
(1,135)
(1,594)
Net -of-tax amount
2,204
3,093
     
Unrecognized pension costs
(3,697)
(3,525)
Tax effect
1,257
1,199
Net -of-tax amount
(2,440)
(2,326)
     
Total accumulated other comprehensive income (loss)
 $                (236)
 $           767
 
The following tables present the changes in accumulated other comprehensive (loss) income by component net of tax for the years ended December 31, 2015, 2014 and 2013 (in thousands):
 
 
Unrealized gain
(loss) on
available for sale
securities (a)
Unrealized
gain (loss) on
interest rate
swap (a)
Defined Benefit
Pension Items
(a)
Total
Balance as of December 31, 2012
 $              6,754
 $         (132)
 $         (1,991)
 $        4,631
Other comprehensive income (loss) before reclassifications (net of tax)
                (6,571)
              132
                704
         (5,735)
Amounts reclassified from accumulated other
       
     comprehensive income (loss) (net of tax)
                   (291)
                -
                170
            (121)
Net current period other comprehensive income (loss)
                (6,862)
              132
                874
         (5,856)
Balance as of December 31, 2013
 $                (108)
 $             -
 $         (1,117)
 $      (1,225)
         
Balance as of December 31, 2013
 $                (108)
 $             -
 $         (1,117)
 $      (1,225)
Other comprehensive income (loss) before reclassifications (net of tax)
                 3,608
                -
            (1,243)
           2,365
Amounts reclassified from accumulated other
       
     comprehensive income (loss) (net of tax)
                   (407)
                -
                  34
            (373)
Net current period other comprehensive income (loss)
                 3,201
                -
            (1,209)
           1,992
Balance as of December 31, 2014
 $              3,093
 $             -
 $         (2,326)
 $           767
         
Balance as of December 31, 2014
 $              3,093
 $             -
 $         (2,326)
 $           767
Other comprehensive loss before reclassifications (net of tax)
                   (606)
                -
               (249)
            (855)
Amounts reclassified from accumulated other
       
     comprehensive loss (net of tax)
                   (283)
                -
                135
            (148)
Net current period other comprehensive loss
                   (889)
                -
               (114)
         (1,003)
Balance as of December 31, 2015
 $              2,204
 $             -
 $         (2,440)
 $         (236)
         
(a) Amounts in parentheses indicate debits
       
 
The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive income (loss) for the years ended December 31, 2015, 2014 and 2013:
 
Details about accumulated other comprehensive income (loss)
Amount reclassified from accumulated
comprehensive income (loss) (a)
 
Affected line item in the statement
where net Income is presented
 
December 31,
  
 
2015
2014
2013
  
Unrealized gains and losses on available for sale securities
        
 
 $                 429
 $           616
 $            441
 
Investment securities gains, net
 
                   (146)
            (209)
 (150)
 
Provision for income taxes
 
 $                 283
 $           407
 $            291
 
Net of tax
          
Defined benefit pension items
        
 
 $                (205)
 $           (51)
 $          (257)
 
Salaries and employee benefits
 
                      70
                17
87
 
Provision for income taxes
 
 $                (135)
 $           (34)
 $          (170)
 
Net of tax
Total reclassifications
 $                 148
 $           373
 $            121
  
          
(a) Amounts in parentheses indicate debits to profit/loss