Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2019

Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

15. Accumulated Other Comprehensive Loss

The activity in accumulated other comprehensive loss for the three months and six months ended June 30, 2019 and 2018, is as follows:

	Accumulated Other Comprehensive Loss (1)
	Defined Benefit Pension Plan			Unrealized gains (losses) on available for sale securities			Total
Balance at March 31, 2019 (unaudited)	$	(284	)	$	(5,632	)	$	(5,916	)
Other comprehensive (loss) gain before reclassifications		(32	)		1,492			1,460
Amounts reclassified from accumulated other comprehensive loss		70			31			101
Period change		38			1,523			1,561
Balance at June 30, 2019  (unaudited)	$	(246	)	$	(4,109	)	$	(4,355	)
Balance at March 31, 2018 (unaudited)	$	(534	)	$	(7,495	)	$	(8,029	)
Other comprehensive gain (loss) before reclassifications		650			(335	)		315
Amounts reclassified from accumulated other comprehensive loss		148			-			148
Period change		798			(335	)		463
Balance at June 30, 2018  (unaudited)	$	264		$	(7,830	)	$	(7,566	)
	Accumulated Other Comprehensive Loss (1)
	Defined Benefit Pension Plan			Unrealized gains (losses) on available for sale securities			Total
Balance at December 31, 2018	$	(339	)	$	(6,673	)	$	(7,012	)
Other comprehensive (loss) gain before reclassifications		(48	)		2,533			2,485
Amounts reclassified from accumulated other comprehensive loss		141			31			172
Period change		93			2,564			2,657
Balance at June 30, 2019  (unaudited)	$	(246	)	$	(4,109	)	$	(4,355	)
Balance at December 31, 2017	$	(534	)	$	(6,421	)	$	(6,955	)
Other comprehensive gain (loss) before reclassifications		650			(1,410	)		(760	)
Amounts reclassified from accumulated other comprehensive loss		148			1			149
Period change		798			(1,409	)		(611	)
Balance at June 30, 2018  (unaudited)	$	264		$	(7,830	)	$	(7,566	)

(1) All amounts are net of tax. Related income tax expense or benefit is calculated using an income tax rate of 21.0 %.

Details about accumulated other comprehensive loss components are as follows:

	Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Three Months Ended June 30,						Affected Line Item in the Consolidated Statement of Income
	2019			2018
	(unaudited)
Securities available for sale (1):
Net securities losses reclassified into earnings	$	(40	)	$	-		Net realized loss on sales and calls of securities
Related income tax benefit		9			-		Provision for income taxes
Net effect on accumulated other other comprehensive loss for the period		(31	)		-
Defined benefit pension plan (2):
Amortization of net loss and prior service costs		(89	)		(187	)	Salaries and employee benefits
Related income tax benefit		19			39		Provision for income taxes
Net effect on accumulated other other comprehensive loss for the period		(70	)		(148	)
Total reclassifications for the period	$	(101	)	$	(148	)
	Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Six Months Ended June 30,						Affected Line Item in the Consolidated Statement of Income
	2019			2018
	(unaudited)
Securities available for sale (1):
Net securities losses reclassified into earnings	$	(40	)	$	(1	)	Net realized loss on sales and calls of securities
Related income tax expense		9			-		Provision for income taxes
Net effect on accumulated other other comprehensive loss for the period		(31	)		(1	)
Defined benefit pension plan (2):
Amortization of net loss and prior service costs		(179	)		(187	)	Salaries and employee benefits
Related income tax expense		38			39		Provision for income taxes
Net effect on accumulated other other comprehensive loss for the period		(141	)		(148	)
Total reclassifications for the period	$	(172	)	$	(149	)

(1)	For additional details related to unrealized gains and losses on securities and related amounts reclassified from accumulated other comprehensive loss see Note 2, “Investment Securities.”
(2)	Included in the computation of net periodic pension cost. See Note 9, “Employee Benefits” for additional details.