OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Jun. 30, 2015

Other Comprehensive Income (Loss) [Abstract]

Other Comprehensive Income (Loss) [Text Block]

5.   OTHER COMPREHENSIVE INCOME (LOSS)

The before and after tax amounts allocated to each component of other comprehensive income (loss) are presented in the table below.  Reclassification adjustments related to securities available-for-sale are included in the line entitled net (loss) gain on securities in the accompanying condensed consolidated statements of income.

	Pre-tax Amount			Tax Expense (Benefit)			After tax Amount
Three Months Ended June 30, 2015
Securities held-to maturity and transferred securities:
Change in non-credit component of OTTI	$	(35	)	$	(16	)	$	(19	)
Change in unrealized loss on securities transferred to held to maturity		22			10			12
Total securities held-to-maturity and transferred securities		(13	)		(6	)		(7	)
Securities available-for-sale:
Reclassification adjustment for net losses included in net (loss) gain on securities		4			2			2
Change in net unrealized gain during the period		(8	)		(4	)		(4	)
Total securities available-for-sale		(4	)		(2	)		(2	)
Defined benefit plans:
Reclassification adjustment for expense included in salaries and employee benefits expense		467			210			257
Change in the net actuarial gain or loss		-			-			-
Total defined benefit plans		467			210			257
Total other comprehensive income	$	450		$	202		$	248
Three Months Ended June 30, 2014
Securities held-to-maturity and transferred securities:
Change in non-credit component of OTTI	$	8		$	4		$	4
Change in unrealized loss on securities transferred to held to maturity		18			8			10
Total securities held-to-maturity and transferred securities		26			12			14
Securities available-for-sale:
Reclassification adjustment for net gains included in net (loss) gain on securities		-			-			-
Change in net unrealized gain during the period		127			57			70
Total securities available-for-sale		127			57			70
Defined benefit plans:
Reclassification adjustment for expense included in salaries and employee benefits expense		261			117			144
Total defined benefit plans		261			117			144
Total other comprehensive income	$	414		$	186		$	228

	Pre-tax Amount			Tax Expense (Benefit)			After tax Amount
Six Months Ended June 30, 2015
Securities held-to maturity and transferred securities:
Change in non-credit component of OTTI	$	(27	)	$	(12	)	$	(15	)
Change in unrealized loss on securities transferred to held to maturity		46			21			25
Total securities held-to-maturity and transferred securities		19			9			10
Securities available-for-sale:
Reclassification adjustment for net gains included in net (loss) gain on securities		(1,384	)		(624	)		(760	)
Change in net unrealized gain during the period		35			15			20
Total securities available-for-sale		(1,349	)		(609	)		(740	)
Defined benefit plans:
Reclassification adjustment for expense included in salaries and employee benefits expense		934			420			514
Change in the net actuarial gain or loss		(1,064	)		(478	)		(586	)
Total defined benefit plans		(130	)		(58	)		(72	)
Total other comprehensive loss	$	(1,460	)	$	(658	)	$	(802	)
Six Months Ended June 30, 2014
Securities held-to-maturity and transferred securities:
Change in non-credit component of OTTI	$	16		$	8		$	8
Change in unrealized loss on securities transferred to held to maturity		38			16			22
Total securities held-to-maturity and transferred securities		54			24			30
Securities available-for-sale:
Reclassification adjustment for net gains included in net (loss) gain on securities		-			-			-
Change in net unrealized gain during the period		60			27			33
Total securities available-for-sale		60			27			33
Defined benefit plans:
Reclassification adjustment for expense included in salaries and employee benefits expense		522			234			288
Total defined benefit plans		522			234			288
Total other comprehensive income	$	636		$	285		$	351

Activity in accumulated other comprehensive gain (loss), net of tax, was as follows:

	Securities Held-to-Maturity and Transferred Securities			Securities Available-for-Sale			Defined Benefit Plans			Total Accumulated Other Comprehensive Gain (Loss)
Balance as of January 1, 2015	$	(826	)	$	736		$	(8,457	)	$	(8,547	)
Other comprehensive income (loss) before reclassifications		10			20			(586	)		(556	)
Amounts reclassified from accumulated other comprehensive loss		-			(760	)		514			(246	)
Net other comprehensive income (loss) during the period		10			(740	)		(72	)		(802	)
Balance as of June 30, 2015	$	(816	)	$	(4	)	$	(8,529	)	$	(9,349	)
Balance as of January 1, 2014	$	(878	)	$	1,319		$	(5,200	)	$	(4,759	)
Other comprehensive income before reclassifications		30			33			-			63
Amounts reclassified from accumulated other comprehensive loss		-			-			288			288
Net other comprehensive income during the period		30			33			288			351
Balance as of June 30, 2014	$	(848	)	$	1,352		$	(4,912	)	$	(4,408	)