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OTHER COMPREHENSIVE INCOME
12 Months Ended
Dec. 31, 2018
OTHER COMPREHENSIVE INCOME [Abstract]  
OTHER COMPREHENSIVE INCOME
13. OTHER COMPREHENSIVE INCOME
The components of accumulated other comprehensive loss, net of tax, as of December 31, were as follows (in thousands):
 
 
2018
  
2017
 
Net unrealized gain on securities available for sale
 
$
(1,232
)
 
$
(340
)
Tax effect
  
259
   
71
 
Net -of-tax amount
  
(973
)
  
(269
)
 
        
Unrecognized pension costs
  
(3,731
)
  
(3,961
)
Tax effect
  
783
   
832
 
Net -of-tax amount
  
(2,948
)
  
(3,129
)
 
        
Total accumulated other comprehensive income
 
$
(3,921
)
 
$
(3,398
)

The following tables present the changes in accumulated other comprehensive loss by component net of tax for the years ended December 31, 2018, 2017 and 2016 (in thousands):
 
 
Unrealized gain (loss) on available for sale securities (a)
  
Defined Benefit Pension Items (a)
  
Total
 
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
)
 
            
Balance as of December 31, 2017
 
$
(269
)
 
$
(3,129
)
 
$
(3,398
)
Change in Accounting policy for equity securities
  
1
       
1
 
Other comprehensive income (loss) before reclassifications (net of tax)
  
(720
)
  
34
   
(686
)
Amounts reclassified from accumulated other
            
     comprehensive income (loss) (net of tax)
  
15
   
147
   
162
 
Net current period other comprehensive income (loss)
  
(705
)
  
181
   
(524
)
Balance as of December 31, 2018
 
$
(973
)
 
$
(2,948
)
 
$
(3,921
)
 
            
(a) Amounts in parentheses indicate debits to stockholders equity
            

The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive loss for the years ended December 31, 2018, 2017 and 2016 (in thousands):
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,
 
 
 
 
2018
  
2017
  
2016
 
 
Unrealized gains and losses on available for sale securities
         
    
 
 
$
(19
)
 
$
1,035
  
$
255
 
Available for sale securities gains, net
 
  
4
   
(352
)
  
(87
)
Provision for income taxes
 
 
$
(15
)
 
$
683
  
$
168
 
Net of tax
 
            
     
Defined benefit pension items
            
    
 
 
$
(186
)
 
$
(225
)
 
$
(219
)
Other expenses
 
  
39
   
77
   
74
 
Provision for income taxes
 
 
$
(147
)
 
$
(148
)
 
$
(145
)
Net of tax
Total reclassifications
 
$
(162
)
 
$
535
  
$
23
 
 
 
            
     
(a) Amounts in parentheses indicate debits to the consolidated statement of income