Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2015

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

(15) Accumulated Other Comprehensive Loss

The following is a summary of the accumulated other comprehensive loss balances, net of tax:

	For the year ended 12/31/15
(dollars in thousands)	Balance at 12/31/2014			Other Comprehensive Income (loss)- Before Reclassifications			Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (loss)- Year ended 12/31/2015			Balance at 12/31/2015
Net unrealized holding gain (loss) on securities available for sale, net of tax	$	(3,693	)		(648	)		(151	)		(799	)		(4,492	)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax		(1,188	)		430			-			430			(758	)
Net change in net actuarial loss and prior service cost on pension and postretirement benefit plans, net of tax		372			-			97			97			469
Accumulated other comprehensive loss, net of tax		(4,509	)		(218	)		(54	)		(272	)		(4,781	)

	For the year ended 12/31/14
(dollars in thousands)	Balance at 12/31/2013			Other Comprehensive Income (loss)- Before Reclassifications			Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (loss)- Year ended 12/31/2014			Balance at 12/31/2014
Net unrealized holding gain (loss) on securities available for sale, net of tax	$	(18,078	)		14,815			(430	)		14,385			(3,693	)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax		3,843			(5,031	)		-			(5,031	)		(1,188	)
Net change in net actuarial loss and prior service credit on pension and postretirement benefit plans, net of tax		432			-			(60	)		(60	)		372
Accumulated other comprehensive income (loss), net of tax		(13,803	)		9,784			(490	)		9,294			(4,509	)

	For the year ended 12/31/13
(dollars in thousands)	Balance at 12/31/2012			Other Comprehensive Income (loss)- Before Reclassifications			Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (loss)- Year ended 12/31/2013			Balance at 12/31/2013
Net unrealized holding gain (loss) on securities available for sale, net of tax	$	3,755			(20,860	)		(973	)		(21,833	)		(18,078	)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax		(2,506	)		6,349			-			6,349			3,843
Net change in net actuarial loss and prior service credit on pension and postretirement benefit plans, net of tax		309			-			123			123			432
Accumulated other comprehensive income (loss), net of tax	$	1,558			(14,511	)		(850	)		(15,361	)		(13,803	)

The following represents the reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2015, 2014 and 2013:

(dollars in thousands)	Years Ended December 31,									Affected Line Item
	2015			2014			2013			in Financial Statements
Unrealized gains (losses) on securities available for sale
Realized gain on securities transactions	$	251			717			1,622		Net gain on securities transactions
Income tax expense		(100	)		(287	)		(649	)	Income taxes
Net of tax		151			430			973
Amortization of pension and postretirement benefit items
Amortization of net actuarial loss		(70	)		297			(467	)	Salaries and employee benefits
Amortization of prior service credit		(90	)		(199	)		262		Salaries and employee benefits
Income tax benefit		63			(38	)		82		Income taxes
Net of tax		(97	)		60			(123	)
Total reclassifications, net of tax	$	54			490			850