2.	OTHER COMPREHENSIVE INCOME (LOSS)

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

	Held-to- Maturity and Transferred Securities			Available- for-Sale Securities			Defined Benefit Plans			Derivative Asset			Total Accumulated Other Comprehensive Income (Loss)
Balance as of January 1, 2016	$	(760	)	$	(122	)	$	(7,919	)	$	-		$	(8,801	)
Other comprehensive income (loss) before reclassifications		47			30			1,009			1,833			2,919
Amounts reclassified from accumulated other comprehensive income (loss)		-			-			-			(57	)		(57	)
Net other comprehensive income (loss) during the period		47			30			1,009			1,776			2,862
Balance as of December 31, 2016		(713	)		(92	)		(6,910	)		1,776			(5,939	)

Other comprehensive income before reclassifications		39			307			786			297			1,469
Amounts reclassified from accumulated other comprehensive income (loss)		674			20			733			155			1,542
Net other comprehensive income during the period		713			327			1,519			452			3,011
Reclassification of tax effects on other comprehensive income⁽¹⁾		-			50			(1,242	)		479			(713	)
Balance as of December 31, 2017	$	-		$	285		$	(6,633	)	$	2,707		$	(3,641	)

⁽¹⁾ Represents the impact of adopting ASU 2018-02 allowing the reclassification of certain stranded income tax effects in accumulated other comprehensive income resulting from the Tax Cuts and Jobs Act of 2017 from accumulated other comprehensive income to retained earnings in each period in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Cuts and Jobs Act of 2017 (the “Tax Act”) (or portion thereof) is recorded. The amount of the reclassification is the difference between the historical corporate income tax rate (35%) and the newly enacted 21% corporate income tax rate. The reclassification is as of and for the year ended December, 31, 2017; no prior period information has been retroactively adjusted as a result of implementing the ASU.

The before and after tax amounts allocated to each component of other comprehensive income (loss) are presented in the table below for the periods indicated.

	For the year ended December 31,
	2017	2016	2015
Change in unrealized holding loss on securities transferred to held-to-maturity:
Accretion (Amortization) of previously recognized non-credit component of OTTI	$20	$34	$(9)
Change in unrealized loss on securities transferred to held-to-maturity	50	51	125
Reclassification adjustment for net gain included in net gain on securities and other assets	1,229	-	-
Net change	1,299	85	116
Tax expense	586	38	50
Net change in unrealized holding loss on securities held-to-maturity and transferred securities	713	47	66
Change in unrealized holding gain on securities available-for-sale:
Change in net unrealized gain during the period	551	56	(176)
Reclassification adjustment for net losses (gains) included in net gain on securities and other assets	36	-	(1,384)
Net change	587	56	(1,560)
Tax expense (benefit)	260	26	(702)

Net change in unrealized holding gain on securities available-for-sale	327	30	(858)
Change in pension and other postretirement obligations:
Reclassification adjustment for expense included in salaries and employee benefits expense	1,421	1,841	1,890
Change in the net actuarial gain or loss	1,337	-	(901)
Net change	2,758	1,841	989
Tax expense	1,239	832	451
Net change in pension and other postretirement obligations	1,519	1,009	538
Change in unrealized loss on derivative asset:
Change in net unrealized loss during the period	511	3,205	-
Reclassification adjustment for expense included in interest expense	283	23	-
Net change	794	3,228	-
Tax expense	342	1,452	-
Net change in unrealized loss on derivative asset	452	1,776	-
Other comprehensive income (loss)	$011	$2,862	$(254)