Other comprehensive income (loss)

3 Months Ended

Mar. 31, 2017

Other comprehensive income (loss)

Other comprehensive income (loss)

2. Other comprehensive income (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 March 31, 2017 and December 31, 2016 is as follows:

	March 31, 2017		December 31, 2016
Net unrealized gain on investment securities available-for-sale	$	826	$	553
Income tax		289		193
Net of income taxes		537		360
Benefit plan adjustments		(6,946)		(6,946)
Income tax		(2,431)		(2,431)
Net of income taxes		(4,515)		(4,515)
Accumulated other comprehensive loss	$	(3,978)	$	(4,155)

Other comprehensive income (loss) and related tax effects for the three months ended March 31, 2017 and 2016 is as follows:

Three Months Ended March 31,	2017		2016
Unrealized gain on investment securities available-for-sale	$	273	$	995
Net gain on the sale of investment securities available-for-sale(1)				(242)
Other comprehensive income gain before taxes		273		753
Income tax expense		96		264
Other comprehensive income	$	177	$	489

(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.