XML 140 R27.htm IDEA: XBRL DOCUMENT v2.4.1.9
ACCUMULATED OTHER COMPREHENSIVE LOSS
 12 Months Ended
Dec. 31, 2014
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS
19. ACCUMULATED OTHER COMPREHENSIVE LOSS

 

The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the periods ending December 31, 2014 and 2013 (in thousands):


YEAR ENDING DECEMBER 31, 2014

YEAR ENDING DECEMBER 31, 2013
Net
Unrealized
Gains and
Losses on
Investment
Securities AFS (1)		     Defined 
Benefit
Pension 
Items (1)		     Total(1)     Net 
Unrealized 
Gains and 
Losses on 
Investment 
Securities AFS (1)		     Defined 
Benefit
Pension 
Items (1)		     Total(1)  
Beginning balance $ 1,043     $ (6,918 )   $ (5,875 )   $ 4,141     $ (9,520 )   $ (5,379 )
Other comprehensive income (loss) before reclassifications   917       (2,354 )     (1,437 )     (2,963 )     2,161       (802 )
Amounts reclassified from accumulated other comprehensive loss     (117 )     527       410       (135 )     441       306  
Net current period other comprehensive income (loss)     800       (1,827 )     (1,027 )     (3,098 )     2,602       (496 )
Ending balance   $ 1,843     $ (8,745 )   $ (6,902 )   $ 1,043     $ (6,918 )   $ (5,875 )

 

(1)
Amounts in parentheses indicate debits on the Consolidated Balance Sheets.

The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the periods ending December 31, 2014 and 2013 (in thousands):


Amount reclassified from accumulated
other comprehensive loss (1)		  
Details about accumulated other
comprehensive loss components		 YEAR ENDING DECEMBER 31,
2014		 YEAR ENDING DECEMBER 31,
2013		     Affected line item in the statement
of operations
       
Unrealized gains and losses on sale of securities            
    $ (177 )   $ (204 )   Net realized gains on investment  securities
      60       69     Provision for income taxes
    $ (117 )   $ (135 )   Net of tax
Amortization of defined benefit items (2)                    
Recognized net actuarial loss   $ 813     $ 683     Salaries and employee benefits
Prior service cost     (14 )     (10 )   Salaries and employee benefits
Transition asset     -       (4 )   Salaries and employee benefits
      799       669     Pretax income
      (272 )     (228 )   Provision for income taxes
    $ 527     $ 441     Net income
Total reclassifications for the period   $ 410     $ 306     Net income

 

(1)
Amounts in parentheses indicate credits.


(2)
These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 14 for additional details).