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Accumulated Other Comprehensive (Loss) Income (Tables)
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Loss or Income

The following table presents the changes in accumulated other comprehensive loss or income by component net of tax for the years ended December 31, 2015 and 2014.

 

 

(Amounts in thousands)

 

 

Unrealized gains

(losses) on

available-for-sale

securities (a)

 

 

Change in pension

and postretirement

obligations

 

Balance as of December 31, 2013

$

(2,860

)

 

$

(28

)

Other comprehensive income before reclassification

 

3,607

 

 

 

45

 

Amount reclassified from accumulated other comprehensive loss

 

(388

)

 

 

 

Total other comprehensive income

 

3,219

 

 

 

45

 

Balance as of December 31, 2014

$

359

 

 

$

17

 

Other comprehensive income before reclassification

 

(457

)

 

 

(108

)

Amount reclassified from accumulated other comprehensive loss

 

(49

)

 

 

 

Total other comprehensive loss

 

(506

)

 

 

(108

)

Balance as of December 31, 2015

$

(147

)

 

$

(91

)

 

(a)

All amounts are net of tax. Amounts in parentheses indicate debits.

Schedule of Reclassifications out of Each Component of Accumulated Other Comprehensive Loss or Income

The following table presents significant amounts reclassified out of each component of accumulated other comprehensive loss or income for the years ended December 31, 2015 and 2014.

 

 

(Amounts in thousands)

 

 

 

 

December 31, 2015

 

 

 

 

Amount reclassified from

accumulated other

comprehensive loss

 

 

Affected line item in the

statement where net

income is presented

Details about other comprehensive income or loss:

 

 

 

 

 

Unrealized gains on available-for-sale securities

$

(75

)

 

Investment securities available-for-sale gains, net

 

 

26

 

 

Federal income tax expense

 

$

(49

)

 

Net of tax

 

 

(Amounts in thousands)

 

 

 

 

December 31, 2014

 

 

 

 

Amount reclassified from

accumulated other

comprehensive income

 

 

Affected line item in the

statement where net

income is presented

Details about other comprehensive income or loss:

 

 

 

 

 

Unrealized gains on available-for-sale securities

$

(588

)

 

Investment securities available-for-sale gains, net

 

 

200

 

 

Federal income tax expense

 

$

(388

)

 

Net of tax