ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

9 Months Ended

Sep. 30, 2016

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

Schedule of beginning and ending balances of accumulated other comprehensive income

The following table reconciles, by component, the beginning and ending balances of accumulated other comprehensive income, net of tax.

	Accumulated other comprehensive income by component
($ in thousands)	Unrealized gains (losses) on available-for- sale securities			Unrecognized pension and postretirement benefit obligations			Total
Balance at December 31, 2015	$	60,369		$	(1,936	)	$	58,433
Other comprehensive income before reclassifications	20,698			—			20,698
Amounts reclassified from accumulated other comprehensive income	(2,995		)	(607		)	(3,602		)
Other comprehensive income (loss)	17,703			(607		)	17,096
Balance at September 30, 2016	$	78,072		$	(2,543	)	$	75,529

Amounts reclassified out of accumulated other comprehensive income (loss)

The following tables display amounts reclassified out of accumulated other comprehensive income and into net income during the three and nine months ended September 30, 2016 and 2015, respectively.

($ in thousands)	Amounts reclassified from accumulated other comprehensive income
Accumulated other comprehensive income components	Three months ended   September 30, 2016			Nine months ended   September 30, 2016			Affected line item in the consolidated statements of income
Unrealized gains on investments:
Reclassification adjustment for realized investment gains included in net income	$	718		$	4,608		Net realized investment gains
Deferred income tax expense	(252		)	(1,613		)	Income tax expense, current
Net reclassification adjustment	466			2,995
Unrecognized pension and postretirement benefit obligations:
Reclassification adjustment for amounts amortized into net periodic pension and postretirement benefit income:
Net actuarial loss	(1,112		)	(1,956		)	(1)
Prior service credit	1,291			2,890			(1)
Total before tax	179			934
Deferred income tax expense	(62		)	(327		)	Income tax expense, current
Net reclassification adjustment	117			607
Total reclassification adjustment	$	583		$	3,602

(1) These reclassified components of accumulated other comprehensive income are included in the computation of net periodic pension and postretirement benefit income (see Note 6, Employee Retirement Plans, for additional details).

($ in thousands)	Amounts reclassified from accumulated other comprehensive income
Accumulated other comprehensive income components	Three months ended September 30, 2015			Nine months ended September 30, 2015			Affected line item in the consolidated statements of income
Unrealized gains on investments:
Reclassification adjustment for realized investment gains included in net income	$	253		$	7,752		Net realized investment gains
Deferred income tax expense	(89		)	(2,713		)	Income tax expense, current
Net reclassification adjustment	164			5,039
Unrecognized pension and postretirement benefit obligations:
Reclassification adjustment for amounts amortized into net periodic pension and postretirement benefit income:
Net actuarial loss	(345		)	(996		)	(1)
Prior service credit	827			2,480			(1)
Total before tax	482			1,484
Deferred income tax expense	(169		)	(520		)	Income tax expense, current
Net reclassification adjustment	313			964
Total reclassification adjustment	$	477		$	6,003

(1) These reclassified components of accumulated other comprehensive income are included in the computation of net periodic pension and postretirement benefit income (see Note 6, Employee Retirement Plans, for additional details).