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Accumulated Other Comprehensive Loss ("AOCL") (Tables)
6 Months Ended
Jun. 30, 2016
Accumulated Other Comprehensive Loss ("AOCL") [Abstract]  
Schedule of accumulated other comprehensive loss (AOCL), net of tax
A summary of changes in AOCL follows:
 
  
Unrealized
Gains
(Losses) on
Securities
Available
for Sale
  
Dispropor-
tionate
Tax Effects
from
Securities
Available
for Sale
  
Total
 
For the three months ended June 30,
         
2016
         
Balances at beginning of period
 
$
999
  
$
(5,798
)
 
$
(4,799
)
Other comprehensive income before reclassifications
  
1,588
   
-
   
1,588
 
Amounts reclassified from AOCL
  
(72
)
  
-
   
(72
)
Net current period other comprehensive income
  
1,516
   
-
   
1,516
 
Balances at end of period
 
$
2,515
  
$
(5,798
)
 
$
(3,283
)
             
2015
            
Balances at beginning of period
 
$
1,596
  
$
(5,798
)
 
$
(4,202
)
Other comprehensive income (loss) before reclassifications
  
(1,188
)
  
-
   
(1,188
)
Amounts reclassified from AOCL
  
-
   
-
   
-
 
Net current period other comprehensive income (loss)
  
(1,188
)
  
-
   
(1,188
)
Balances at end of period
 
$
408
  
$
(5,798
)
 
$
(5,390
)
             
For the six months ended June 30,
            
2016
            
Balances at beginning of period
 
$
(238
)
 
$
(5,798
)
 
$
(6,036
)
Other comprehensive income before reclassifications
  
2,937
   
-
   
2,937
 
Amounts reclassified from AOCL
  
(184
)
  
-
   
(184
)
Net current period other comprehensive income
  
2,753
   
-
   
2,753
 
Balances at end of period
 
$
2,515
  
$
(5,798
)
 
$
(3,283
)
             
2015
            
Balances at beginning of period
 
$
162
  
$
(5,798
)
 
$
(5,636
)
Other comprehensive income before reclassifications
  
295
   
-
   
295
 
Amounts reclassified from AOCL
  
(49
)
  
-
   
(49
)
Net current period other comprehensive income
  
246
   
-
   
246
 
Balances at end of period
 
$
408
  
$
(5,798
)
 
$
(5,390
)
Summary of reclassifications out of each component of AOCL
A summary of reclassifications out of each component of AOCL for the three months ended June 30 follows:
 
AOCL Component
 
Amount
Reclassified
From
AOCL
 
Affected Line Item in Condensed
Consolidated Statements of Operations
  
(In thousands)
  
2016
     
Unrealized gains on securities available for sale
     
  
$
109
 
Net gains on securities
   
-
 
Net impairment loss recognized in earnings
   
109
 
Total reclassifications before tax
   
37
 
Income tax expense
  
$
72
 
Reclassifications, net of tax
        
2015
      
Unrealized gains on securities available for sale
      
  
$
-
 
Net gains on securities
   
-
 
Net impairment loss recognized in earnings
   
-
 
Total reclassifications before tax
   
-
 
Income tax expense
  
$
-
 
Reclassifications, net of tax

A summary of reclassifications out of each component of AOCL for the six months ended June 30 follows:

AOCL Component
 
Amount
Reclassified
From
AOCL
 
Affected Line Item in Condensed
Consolidated Statements of Operations
  
(In thousands)
  
2016
     
Unrealized gains on securities available for sale
     
  
$
283
 
Net gains on securities
   
-
 
Net impairment loss recognized in earnings
   
283
 
Total reclassifications before tax
   
99
 
Income tax expense
  
$
184
 
Reclassifications, net of tax
        
2015
      
Unrealized gains on securities available for sale
      
  
$
75
 
Net gains on securities
   
-
 
Net impairment loss recognized in earnings
   
75
 
Total reclassifications before tax
   
26
 
Income tax expense
  
$
49
 
Reclassifications, net of tax