Total comprehensive income includes all changes in equity during a period from transactions and other events and circumstances from nonowner sources. The Company’s other comprehensive income (loss) is comprised of unrealized holding gains and losses on securities available-for-sale, obligations for defined benefit pension plan and an adjustment to reflect the curtailment of the Company’s defined benefit pension plan, net of taxes.

	Amounts Reclassified from
Details about Accumulated Other	Accumulated Other Comprehensive						Affected Line Item in the Consolidated
Comprehensive Income Components	Income						Statements of Income
	Three Months Ended
	March 31,
(dollars in thousands)	2018			2017
							Net gains on sale of securities available-
Sale of securities available-for-sale	$	-		$	1,596		for-sale
		-			(579	)	Income tax expense
		-			1,017
Amortization of pension plan net actuarial
losses		(91	)		(103	)	Salaries and employee benefits
		25			42		Income tax benefit
		(66	)		(61	)
Total reclassification	$	(66	)	$	956

Accumulated other comprehensive loss at March 31, 2018 and December 31, 2017 consisted of the following:

Effective January 1, 2018, the Company implemented ASU 2018-02, “Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.” Under ASU 2018-02, the FASB amended existing guidance to allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act (“Tax Act”). In order to comply with this new ASU, the Company recorded an adjustment to the balance sheet of approximately $709 thousand that increased retained earnings and decreased accumulated other comprehensive loss.

Effective January 1, 2018, the Company implemented ASU 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” Under ASU 2016-01, equity securities, with certain exceptions, are to be measured at fair value with changes in fair value recognized in net income. In order to comply with this new ASU, the Company recorded a cumulative-effect adjustment to the balance sheet of approximately $55 thousand. As of March 31, 2018, the Company's equity securities had readily determinable fair values, and, prospectively, changes in fair value will be recognized in net income.