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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
12 Months Ended
Dec. 31, 2016
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 19: ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

 

The following table presents changes in accumulated other comprehensive income (loss) by component, net of tax for the year ending December 31, 2016.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Unrealized

    

Unrealized Gains

    

 

 

    

 

 

    

 

 

 

 

 

Gains (Losses)

 

(Losses) on Securities

 

 

 

 

 

 

 

 

 

 

 

 

on Securities

 

Transferred From

 

 

 

 

 

 

 

Accumulated Other

 

 

 

Available-For-

 

Available-For-Sale to

 

 

 

 

Interest Rate

 

Comprehensive

 

(In thousands)

 

Sale 

 

Held-To-Maturity

 

Pension Plan

 

Swaps

 

Income (Loss)

 

Beginning Balance December 31, 2015

 

$

166

 

$

(2,297)

 

$

(3,737)

 

$

(155)

 

$

(6,023)

 

Other comprehensive (loss) income before reclassifications

 

 

(717)

 

 

 —

 

 

(371)

 

 

155

 

 

(933)

 

Accretion of unrealized losses of securities transferred from available-for-sale to held-to-maturity recognized in other comprehensive income

 

 

 —

 

 

889

 

 

 —

 

 

 —

 

 

889

 

Reclassification adjustments for losses reclassified into income

 

 

 —

 

 

 —

 

 

285

 

 

 —

 

 

285

 

Net current period other comprehensive (loss) income

 

 

(717)

 

 

889

 

 

(86)

 

 

155

 

 

241

 

Balance December 31, 2016

 

$

(551)

 

$

(1,408)

 

$

(3,823)

 

$

 —

 

$

(5,782)

 

 

The following table presents changes in accumulated other comprehensive income (loss) by component, net of tax for the year ending December 31, 2015.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Unrealized

    

Unrealized Gains

    

 

 

    

 

 

    

 

 

 

 

 

Gains (Losses)

 

(Losses) on Securities

 

 

 

 

 

 

 

 

 

 

 

 

on Securities

 

Transferred From

 

 

 

 

 

 

 

Accumulated Other

 

 

 

Available-For-

 

Available-For-Sale to

 

 

 

 

Interest Rate

 

Comprehensive

 

(In thousands)

 

Sale 

 

Held-To-Maturity

 

Pension Plan

 

Swaps

 

Income (Loss)

 

Beginning Balance December 31, 2014

 

$

1,474

 

$

(2,816)

 

$

(3,395)

 

$

(311)

 

$

(5,048)

 

Other comprehensive (loss) income before reclassifications

 

 

(1,308)

 

 

 —

 

 

(587)

 

 

156

 

 

(1,739)

 

Accretion of unrealized losses of securities transferred from available-for-sale to held-to-maturity recognized in other comprehensive income

 

 

 —

 

 

519

 

 

 —

 

 

 —

 

 

519

 

Reclassification adjustments for losses reclassified into income

 

 

 —

 

 

 —

 

 

245

 

 

 —

 

 

245

 

Net current period other comprehensive (loss) income

 

 

(1,308)

 

 

519

 

 

(342)

 

 

156

 

 

(975)

 

Balance December 31, 2015

 

$

166

 

$

(2,297)

 

$

(3,737)

 

$

(155)

 

$

(6,023)

 

 

The following table presents changes in accumulated other comprehensive income (loss) by component, net of tax for the year ending December 31, 2014.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Unrealized

    

Unrealized Gains

    

 

 

    

 

 

    

 

 

 

 

 

Gains (Losses)

 

(Losses) on Securities

 

 

 

 

 

 

 

 

 

 

 

 

on Securities

 

Transferred From

 

 

 

 

 

 

 

Accumulated Other

 

 

 

Available-For-

 

Available-For-Sale to

 

 

 

 

Interest Rate

 

Comprehensive

 

(In thousands)

 

Sale 

 

Held-To-Maturity

 

Pension Plan

 

Swaps

 

Income (Loss)

 

Beginning Balance December 31, 2013

 

$

(162)

 

$

(3,296)

 

$

(1,790)

 

$

(472)

 

$

(5,720)

 

Other comprehensive income (loss) before reclassifications

 

 

1,713

 

 

 —

 

 

(1,694)

 

 

161

 

 

180

 

Transfer of securities from available-for-sale to held-to-maturity

 

 

(8)

 

 

8

 

 

 —

 

 

 —

 

 

 —

 

Accretion of unrealized losses of securities transferred from available-for-sale to held-to-maturity recognized in other comprehensive income

 

 

 —

 

 

472

 

 

 —

 

 

 —

 

 

472

 

Reclassification adjustments for losses (gains) reclassified into income

 

 

(69)

 

 

 —

 

 

89

 

 

 —

 

 

20

 

Net current period other comprehensive (loss) income

 

 

1,636

 

 

480

 

 

(1,605)

 

 

161

 

 

672

 

Balance December 31, 2014

 

$

1,474

 

$

(2,816)

 

$

(3,395)

 

$

(311)

 

$

(5,048)

 

 

 

Details of the reclassification adjustments in the above table for the year ended December 31, 2016 are presented below:

 

 

 

 

 

 

 

 

 

    

Amount Reclassified

    

 

 

Details about Accumulated Other Comprehensive

 

from Accumulated

 

 

 

Income Components

 

Other Comprehensive

 

Affected Line Item in the Statement Where Net

 

(In thousands)

 

Income

 

Income is Presented

 

Amortization of defined benefit pension plan

 

 

 

 

 

 

 

 

$

437

 

Compensation and benefits

 

 

 

 

437

 

Total before tax

 

 

 

 

(152)

 

Provision for income taxes

 

 

 

$

285

 

Net of tax

 

 

 

 

 

 

 

 

Total reclassification adjustments

 

$

285

 

 

 

 

Details of the reclassification adjustments in the above table for the year ended December 31, 2015 are presented below:

 

 

 

 

 

 

 

 

 

 

    

Amount Reclassified

    

 

 

Details about Accumulated Other

 

from Accumulated

 

 

 

Comprehensive Income Components

 

Other Comprehensive

 

Affected Line Item in the Statement Where Net

 

(In thousands)

 

Income

 

Income is Presented

 

Amortization of defined benefit pension plan

 

 

 

 

 

 

 

 

 

377

 

Compensation and benefits

 

 

 

 

377

 

Total before tax

 

 

 

 

(132)

 

Provision for income taxes

 

 

 

$

245

 

Net of tax

 

 

 

 

 

 

 

 

Total reclassification adjustments

 

$

245

 

 

 

 

 

Details of the reclassification adjustments in the above table for the year ended December 31, 2014 are presented below:

 

 

 

 

 

 

 

 

 

 

 

 

    

Amount Reclassified

    

 

 

Details about Accumulated Other

 

from Accumulated

 

 

 

Comprehensive Income Components

 

Other Comprehensive

 

Affected Line Item in the Statement Where Net

 

(In thousands)

 

Income

 

Income is Presented

 

Unrealized gains on investment securities

 

 

 

 

 

 

 

 

$

(107)

 

Net gains on investment securities

 

 

 

 

(107)

 

Total before tax

 

 

 

 

38

 

Provision for income taxes

 

 

 

$

(69)

 

Net of tax

 

 

 

 

 

 

 

 

Amortization of defined benefit pension plan

 

 

 

 

 

 

 

 

 

137

 

Compensation and benefits

 

 

 

 

137

 

Total before tax

 

 

 

 

(48)

 

Provision for income taxes

 

 

 

$

89

 

Net of tax

 

 

 

 

 

 

 

 

Total reclassification adjustments

 

$

20