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Change in Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Change in Accumulated Other Comprehensive Income
Change in Accumulated Other Comprehensive Income

Accumulated other comprehensive income includes unrealized gains and losses on available for sale securities, change in fair value of interest rate swaps and changes in benefit obligations and plan assets for the post retirement benefit plan. Changes to other comprehensive income are presented net of tax effect as a component of equity. Reclassifications out of accumulated other comprehensive income are recorded in the Consolidated Statements of Income either as a gain or loss.

Changes to accumulated other comprehensive income by components are shown in the following tables for the years ended December 31, 2014, 2013, and 2012:
 
Twelve Months Ended
 
December 31,
 
2014
2013
2012
 
Unrealized Gains and Losses on Available for Sale Securities
Change in Fair Value of Interest Rate Swap
Change in Benefit Obligations and Plan Assets for the Post Retirement Benefit Plan
Total
Unrealized Gains and Losses on Available for Sale Securities
Change in Fair Value of Interest Rate Swap
Change in Benefit Obligations and Plan Assets for the Post Retirement Benefit Plan
Total
Unrealized Gains and Losses on Available for Sale Securities
Change in Fair Value of Interest Rate Swap
Change in Benefit Obligations and Plan Assets for the Post Retirement Benefit Plan
Total
 
(dollars in thousands)
January 1
$
547

$
(286
)
$
44

$
305

$
3,822

$
(418
)
$
44

$
3,448

$
3,262

$
(382
)
$
51

$
2,931

Other comprehensive income (loss) before reclassifications
2,382

145

(8
)
2,519

(4,497
)
201

—

(4,296
)
894

(55
)
(11
)
828

Reclassifications from other comprehensive income (loss)
(990
)
—

—

(990
)
(465
)
—

—

(465
)
(45
)
—

—

(45
)
Tax effect of current period changes
(473
)
(49
)
3

(519
)
1,687

(69
)
—

1,618

(289
)
19

4

(266
)
Current period changes net of taxes
919

96

(5
)
1,010

(3,275
)
132

—

(3,143
)
560

(36
)
(7
)
517

December 31
$
1,466

$
(190
)
$
39

$
1,315

$
547

$
(286
)
$
44

$
305

$
3,822

$
(418
)
$
44

$
3,448



For the years ended December 31, 2014, 2013, and 2012, $990 thousand , $465 thousand, and $45 thousand respectively, was reclassified out of comprehensive income and appeared as Gain on Sale of Securities in the Consolidated Statement of Income.