Accumulated Comprehensive Income

3 Months Ended

Mar. 31, 2015

Accumulated Comprehensive Income [Abstract]

Accumulated Comprehensive Income

Note 8 – Accumulated Comprehensive Income

The following tables present the changes in accumulated other comprehensive (loss) income by component net of tax for the three months ended March 31, 2015 and 2014 (in thousands):

	Three months ended March 31, 2015
	Unrealized gain (loss) on available for sale securities (a)	Defined Benefit Pension Items (a)	Total
Balance as of December 31, 2014	$                     3,093	$             (2,326)	$         767
Other comprehensive income before reclassifications (net of tax)	887	-	887
Amounts reclassified from accumulated other
comprehensive income (net of tax)	(83)	32	(51)
Net current period other comprehensive income	804	32	836
Balance as of March 31, 2015	$                     3,897	$             (2,294)	$      1,603
	Three months ended March 31, 2014
Balance as of December 31, 2013	$                      (108)	$             (1,117)	$     (1,225)
Other comprehensive income before reclassifications (net of tax)	1,485	-	1,485
Amounts reclassified from accumulated other
comprehensive income (net of tax)	(113)	7	(106)
Net current period other comprehensive income	1,372	7	1,379
Balance as of March 31, 2014	$                     1,264	$             (1,110)	$         154
(a) Amounts in parentheses indicate debits

The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive income for the three months ended March 31, 2015 and 2014 (in thousands):

Details about accumulated other comprehensive income (loss)	Amount reclassified from accumulated comprehensive income (loss) (a)		Affected line item in the statement where net Income is presented
	Three Months Ended  March 31,
	2015	2014
Unrealized gains and losses on available for sale securities
	$                          126	$                    171	Investment securities gains, net
	(43)	(58)	Provision for income taxes
	$                            83	$                    113	Net of tax
Defined benefit pension items
	$                          (48)	$                    (12)	Salaries and employee benefits
	16	5	Provision for income taxes
	$                          (32)	$                      (7)	Net of tax
(a) Amounts in parentheses indicate debits to profit/loss