Other comprehensive income (loss)

9 Months Ended

Sep. 30, 2016

Other comprehensive income (loss)

Other comprehensive income (loss)

2. Other comprehensive loss:

The components of other comprehensive loss and their related tax effects are reported in the Consolidated Statements of Income and Comprehensive Income. The accumulated other comprehensive loss included in the Consolidated Balance Sheets relates to net unrealized gains and losses on investment securities available-for-sale and benefit plan adjustments.

The components of accumulated other comprehensive loss included in stockholders’ equity at September 30, 2016 and December 31, 2015 is as follows:

		September 30, 2016		December 31, 2015
Net unrealized gain on investment securities available-for-sale	$	4,973	$	4,593
Income tax		1,740		1,607
Net of income taxes		3,233		2,986
Benefit plan adjustments		(7,863)		(7,863)
Income tax		(2,752)		(2,752)
Net of income taxes		(5,111)		(5,111)
Accumulated other comprehensive loss	$	(1,878)	$	(2,125)

Other comprehensive income (loss) and related tax effects for the three and nine months ended September 30, 2016 and 2015 is as follows:

Three Months Ended September 30,	2016		2015
Unrealized (loss) gain on investment securities available-for-sale	$	(1,120)	$	826
Net gain on the sale of investment securities available-for-sale(1)				(147)
Other comprehensive income (loss) gain before taxes		(1,120)		679
Income tax (benefit) expense		(392)		237
Other comprehensive (loss) income	$	(728)	$	442

Nine Months Ended September 30,	2016		2015
Unrealized gain on investment securities available-for-sale	$	1,003	$	134
Net gain on the sale of investment securities available-for-sale(1)		(623)		(979)
Other comprehensive income gain (loss) before taxes		380		(845)
Income tax expense (benefit)		133		(296)
Other comprehensive income (loss)	$	247	$	(549)

(1)Represents amounts reclassified out of accumulated comprehensive loss and included in gains on sale of investment securities on the consolidated statements of income and comprehensive income.