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OTHER COMPREHENSIVE INCOME (Tables)
12 Months Ended
Dec. 31, 2017
OTHER COMPREHENSIVE INCOME [Abstract]  
Components of accumulated other comprehensive loss, net of tax
The components of accumulated other comprehensive loss, net of tax, as of December 31, were as follows (in thousands):
 
 
 
2017
  
2016
 
Net unrealized gain on securities available for sale
 
$
(340
)
 
$
1,979
 
Tax effect
  
71
   
(673
)
Net -of-tax amount
  
(269
)
  
1,306
 
 
        
Unrecognized pension costs
  
(3,961
)
  
(4,088
)
Tax effect
  
832
   
1,390
 
Net -of-tax amount
  
(3,129
)
  
(2,698
)
 
        
Total accumulated other comprehensive income
 
$
(3,398
)
 
$
(1,392
)
 
The following tables present the changes in accumulated other comprehensive loss by component net of tax for the years ended December 31, 2017, 2016 and 2015 (in thousands):
 
 
 
Unrealized gain (loss) on available for sale securities (a)
  
Defined Benefit Pension Items (a)
  
Total
 
Balance as of December 31, 2014
 
$
3,093
  
$
(2,326
)
 
$
767
 
Other comprehensive income (loss) before reclassifications (net of tax)
  
(606
)
  
(249
)
  
(855
)
Amounts reclassified from accumulated other
            
     comprehensive income (loss) (net of tax)
  
(283
)
  
135
   
(148
)
Net current period other comprehensive income (loss)
  
(889
)
  
(114
)
  
(1,003
)
Balance as of December 31, 2015
 
$
2,204
  
$
(2,440
)
 
$
(236
)
 
            
Balance as of December 31, 2015
 
$
2,204
  
$
(2,440
)
 
$
(236
)
Other comprehensive income (loss) before reclassifications (net of tax)
  
(730
)
  
(403
)
  
(1,133
)
Amounts reclassified from accumulated other
            
     comprehensive income (loss) (net of tax)
  
(168
)
  
145
   
(23
)
Net current period other comprehensive income (loss)
  
(898
)
  
(258
)
  
(1,156
)
Balance as of December 31, 2016
 
$
1,306
  
$
(2,698
)
 
$
(1,392
)
 
            
Balance as of December 31, 2016
 
$
1,306
  
$
(2,698
)
 
$
(1,392
)
Other comprehensive income (loss) before reclassifications (net of tax)
  
(847
)
  
(65
)
  
(912
)
Amounts reclassified from accumulated other
            
     comprehensive income (loss) (net of tax)
  
(683
)
  
148
   
(535
)
Net current period other comprehensive income (loss)
  
(1,530
)
  
83
   
(1,447
)
Change in other comprehensive income due to change
            
     in the federal tax rate
  
(45
)
  
(514
)
  
(559
)
Balance as of December 31, 2017
 
$
(269
)
 
$
(3,129
)
 
$
(3,398
)
 
            
(a) Amounts in parentheses indicate debits on the Consolidated Balance Sheet.
         
Schedule of the significant amounts reclassified out of each component of accumulated other comprehensive loss
 
The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive loss for the years ended December 31, 2017, 2016 and 2015:
 
Details about accumulated other comprehensive income (loss)
 
Amount reclassified from accumulated comprehensive income (loss) (a)
 
Affected line item in the Consolidated Statement of Income
 
 
December 31,
 
 
 
 
2017
  
2016
  
2015
 
 
Unrealized gains and losses on available for sale securities
         
    
 
 
$
1,035
  
$
255
  
$
429
 
Investment securities gains, net
 
  
(352
)
  
(87
)
  
(146
)
Provision for income taxes
 
 
$
683
  
$
168
  
$
283
 
Net of tax
 
            
     
Defined benefit pension items
            
    
 
 
$
(224
)
 
$
(219
)
 
$
(205
)
Salaries and employee benefits
 
  
76
   
74
   
70
 
Provision for income taxes
 
 
$
(148
)
 
$
(145
)
 
$
(135
)
Net of tax
Total reclassifications
 
$
535
  
$
23
  
$
148
 
 
 
            
     
(a) Amounts in parentheses indicate debits