Accumulated Comprehensive Income

6 Months Ended

Jun. 30, 2015

Accumulated Comprehensive Income [Abstract]

Accumulated Comprehensive Income

Note 8 – Accumulated Comprehensive Income

The following tables present the changes in accumulated other comprehensive income by component net of tax for the three and six months ended June 30, 2015 and 2014 (in thousands):

	Three months ended June 30, 2015
	Unrealized gain (loss) on available for sale securities (a)	Defined Benefit Pension Items (a)	Total
Balance as of March 31, 2015	$                     3,897	$     (2,294)	$      1,603
Other comprehensive income (loss) before reclassifications (net of tax)	(1,351)	-	(1,351)
Amounts reclassified from accumulated other
comprehensive income (net of tax)	(116)	35	(81)
Net current period other comprehensive income (loss)	(1,467)	35	(1,432)
Balance as of June 30, 2015	$                     2,430	$     (2,259)	$         171
	Six months ended June 30, 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 (loss) before reclassifications (net of tax)	(464)	-	(464)
Amounts reclassified from accumulated other
comprehensive income (net of tax)	(199)	67	(132)
Net current period other comprehensive income (loss)	(663)	67	(596)
Balance as of June 30, 2015	$                     2,430	$     (2,259)	$         171
	Three months ended June 30, 2014
	Unrealized gain (loss) on available for sale securities (a)	Defined Benefit Pension Items (a)	Total
Balance as of March 31, 2014	$                     1,264	$     (1,110)	$         154
Other comprehensive income (loss) before reclassifications (net of tax)	986	-	986
Amounts reclassified from accumulated other
comprehensive income (net of tax)	(49)	9	(40)
Net current period other comprehensive income (loss)	937	9	946
Balance as of June 30, 2014	$                     2,201	$     (1,101)	$      1,100
	Six months ended June 30, 2014
	Unrealized gain (loss) on available for sale securities (a)	Defined Benefit Pension Items (a)	Total
Balance as of December 31, 2013	$                      (108)	$     (1,117)	$     (1,225)
Other comprehensive income (loss) before reclassifications (net of tax)	2,471	-	2,471
Amounts reclassified from accumulated other
comprehensive income  (net of tax)	(162)	16	(146)
Net current period other comprehensive income (loss)	2,309	16	2,325
Balance as of June 30, 2014	$                     2,201	$     (1,101)	$      1,100
(a) Amounts in parentheses indicate debits to the Consolidated Balance Sheet

The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive income for the three and six months ended June 30, 2015 and 2014 (in thousands):

Details about accumulated other comprehensive income	Amount reclassified from accumulated comprehensive income (a)		Affected line item in the statement where net Income is presented
	Three Months Ended  June 30,
	2015	2014
Unrealized gains and losses on available for sale securities
	$                          175	$                      75	Investment securities gains, net
	(59)	(26)	Provision for income taxes
	$                          116	$                      49	Net of tax
Defined benefit pension items
	$                          (54)	$                    (13)	Salaries and employee benefits
	19	4	Provision for income taxes
	$                          (35)	$                      (9)	Net of tax
Total reclassifications	$                            81	$                      40
	Six Months Ended  June 30,
	2015	2014
Unrealized gains and losses on available for sale securities
	$                          301	$                    246	Investment securities gains, net
	(102)	(84)	Provision for income taxes
	$                          199	$                    162	Net of tax
Defined benefit pension items
	$                        (102)	$                    (25)	Salaries and employee benefits
	35	9	Provision for income taxes
	$                          (67)	$                    (16)	Net of tax
Total reclassifications	$                          132	$                    146
(a) Amounts in parentheses indicate expenses and other amounts indicate income on the Consolidated Statement of Income