COMPREHENSIVE INCOME

3 Months Ended

Mar. 31, 2016

Comprehensive Income

COMPREHENSIVE INCOME

Note 11 – Comprehensive Income

The following tables present the components of accumulated other comprehensive income (“AOCI”) for the three months ended March 31, 2016 and 2015:

	For the three months ended		For the three months ended
	March 31, 2016		March 31, 2015
	Amount		Amount
(in thousands)	Reclassified		Reclassified		Affected line item in the Statement
Details about AOCI Components	from AOCI		from AOCI		where net income is presented
Available-for-sale securities
Unrealized holding gains	$	381	$	121	Gain on sale of securities
		381		121	Total before tax
		(152)		(49)	Income tax expense
		229		72	Net of tax
Defined benefit pension plan items
Amortization of net actuarial loss		(59)		(64)	Salaries and benefits
		(59)		(64)	Total before tax
		24		26	Income tax expense
		(35)		(38)	Net of tax
Total reclassifications	$	194	$	34

	Unrealized
	gains (losses)
	on available-		Defined benefit
	for-sale		pension plan
(in thousands)	securities		items		Total
Balance at December 31, 2015	$	(363)	$	(2,570)	$	(2,933)
Other comprehensive income (loss) before reclassification, net of tax		1,346		(345)		1,001
Amounts reclassified from AOCI, net of tax		(229)		35		(194)
Net current period OCI		1,117		(310)		807
Balance at March 31, 2016	$	754	$	(2,880)	$	(2,126)
Balance at December 31, 2014	$	(406)	$	(2,236)	$	(2,642)
Other comprehensive income (loss) before reclassification, net of tax		324		(202)		122
Amounts reclassified from AOCI, net of tax		(72)		38		(34)
Net current period OCI		252		(164)		88
Balance at March 31, 2015	$	(154)	$	(2,400)	$	(2,554)