Changes in Accumulated Other Comprehensive Income by Component (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Accumulated Other Comprehensive Income

The following table provides a summary of the changes in accumulated other comprehensive income for the six months ended June 30, 2017 and 2016:



	Unrealized Gains and Losses on Available-for-Sale Securities⁽¹⁾
	Six Months Ended June 30,
	2017			2016
	(in thousands)
Accumulated other comprehensive income (loss) — beginning balance	$	(319	)	$	543
Other comprehensive income before reclassifications	963			1,286
Losses (gains) reclassified from other comprehensive income	118			(153		)
Net current period other comprehensive income⁽²⁾	1,081			1,133
Accumulated other comprehensive income — ending balance	$	762		$	1,676


⁽¹⁾	All amounts are net of tax.


⁽²⁾	For the six months ended June 30, 2017 and 2016, these changes in other comprehensive income were net of tax effects of $0.6 million.

Reclassification out of Accumulated Other Comprehensive Income

The table below shows the reclassification adjustments out of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2017 and 2016:



	Amounts Reclassified from Accumulated Other Comprehensive Income
	2017			2016
	(in thousands)
Three Months Ended March 31,
Gains (losses) from the sale of available-for-sale securities	$	(48	)	$	62
Tax expense (benefit)	$	15		$	(23	)
Net amount reclassified from accumulated other comprehensive income	$	(33	)	$	39
Three Months Ended June 30,
Gains (losses) from the sale of available-for-sale securities	$	(125	)	$	181
Tax expense (benefit)	$	40		$	(67	)
Net amount reclassified from accumulated other comprehensive income	$	(85	)	$	114
Six Months Ended June 30,
Gains (losses) from the sale of available-for-sale securities	$	(173	)	$	243
Tax expense (benefit)	55			(90		)
Net amount reclassified from accumulated other comprehensive income	$	(118	)	$	153