Comprehensive Income

3 Months Ended

Mar. 31, 2018

Equity [Abstract]

Comprehensive Income

COMPREHENSIVE INCOME

Accounting principles generally require that recognized revenues, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities are reported as a separate component of stockholders' equity on the consolidated balance sheets, such items, along with net income, are components of comprehensive income.

The components of accumulated other comprehensive loss, included in stockholders' equity, are as follows:

	March 31,			December 31,
	2018			2017
	(In thousands)
Securities available for sale:
Net unrealized gain (loss)	$	—		$	283
Tax effect	—			(140		)
Net-of-tax amount	—			143
Securities held to maturity:
Net unrealized gain on transferred securities	231			250
Tax effect	(26		)	(66		)
Net-of-tax amount	205			184
Defined benefit pension plan:
Unrecognized net actuarial loss	(2,628		)	(2,694		)
Tax effect	552			914
Net-of-tax amount	(2,076		)	(1,780		)
	$	(1,871	)	$	(1,453	)