XML 27 R14.htm IDEA: XBRL DOCUMENT v3.5.0.2
OTHER COMPREHENSIVE INCOME (LOSS)
 6 Months Ended
Jun. 30, 2016
OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]  
OTHER COMPREHENSIVE INCOME (LOSS)
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 gain (loss) on securities and other assets in the accompanying condensed consolidated statements of income.
 
  
Pre-tax
Amount
  
Tax
Expense
(Benefit)
  
After tax
Amount
 
Three Months Ended June 30, 2016
         
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
  
14
   
6
   
8
 
Total securities held-to-maturity and transferred securities
  
22
   
10
   
12
 
Securities available-for-sale:
            
Change in net unrealized gain during the period
  
47
   
21
   
26
 
Total securities available-for-sale
  
47
   
21
   
26
 
Defined benefit plans:
            
Reclassification adjustment for expense included in salaries and employee benefits expense
  
425
   
191
   
234
 
Total defined benefit plans
  
425
   
191
   
234
 
Derivatives:
            
Change in unrealized loss on derivative liability
  
(957
)
  
(431
)
  
(526
)
Total derivatives
  
(957
)
  
(431
)
  
(526
)
Total other comprehensive (loss)
 
$
(463
)
 
$
(209
)
 
$
(254
)
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 gains included in net gain (loss) on securities and other assets
  
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
 
Total defined benefit plans
  
467
   
210
   
257
 
Total other comprehensive income
 
$
450
  
$
202
  
$
248
 

  
Pre-tax
Amount
  
Tax
Expense
(Benefit)
  
After tax
Amount
 
Six Months Ended June 30, 2016
         
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
  
25
   
11
   
14
 
Total securities held-to-maturity and transferred securities
  
41
   
19
   
22
 
Securities available-for-sale:
            
Change in net unrealized gain during the period
  
62
   
28
   
34
 
Total securities available-for-sale
  
62
   
28
   
34
 
Defined benefit plans:
            
Reclassification adjustment for expense included in salaries and employee benefits expense
  
850
   
382
   
468
 
Total defined benefit plans
  
850
   
382
   
468
 
Derivatives:
            
Change in unrealized loss on derivative liability
  
(957
)
  
(431
)
  
(526
)
Total derivatives
  
(957
)
  
(431
)
  
(526
)
Total other comprehensive loss
 
$
(4
)
 
$
2
  
$
(2
)
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 gain (loss) on securities and other assets
  
(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 income
 
$
(1,460
)
 
$
(658
)
 
$
(802
)
 
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
  
Derivative
Liability
  
Total
Accumulated
Other
Comprehensive
Gain (Loss)
 
 
Balance as of January 1, 2016
 
$
(760
)
 
$
(122
)
 
$
(7,919
)
 
$
-
  
$
(8,801
)
 
Other comprehensive income (loss) before reclassifications
  
22
   
34
   
-
   
(526
)
  
(470
)
 
Amounts reclassified from accumulated other comprehensive loss
  
-
   
-
   
468
   
-
   
468
 
 
Net other comprehensive income (loss) during the period
  
22
   
34
   
468
   
(526
)
  
(2
)
 
Balance as of June 30, 2016
 
$
(738
)
 
$
(88
)
 
$
(7,451
)
 
$
(526
)
 
$
(8,803
)
                      
 
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
)