The changes in accumulated other comprehensive income balances as of December 31, 2014, 2013, and 2012 were as follows (in thousands):



	Pension Liability		Unrealized Gains (Loss)		Accumulated Other Comprehensive Income (Loss)
Balance at January 1, 2012	$	(2,978)	$	9,424	$	6,446
Other comprehensive income:
Change in net actuarial gain		37		-		37
Tax effect on change in net actuarial gain		(13)		-		(13)
Unrealized holding gains arising during the period		-		4,388		4,388
Tax effect on unrealized gains arising during the period		-		(1,536)		(1,536)
Reclassification adjustment for gains included in net realized gains		-		(2,189)		(2,189)
Tax effect on reclassification adjustment for gains included in income tax expense		-		766		766
Other comprehensive income, net of tax		24		1,429		1,453

Balance at December 31, 2012	$	(2,954)	$	10,853	$	7,899
Other comprehensive income:
Change in net actuarial gain		2,268		-		2,268
Tax effect on change in net actuarial gain		(794)		-		(794)
Unrealized holding gains arising during the period		-		22,094		22,094
Tax effect on unrealized gains arising during the period		-		(7,733)		(7,733)
Reclassification adjustment for gains included in net realized gains		-		(10,540)		(10,540)
Tax effect on reclassification adjustment for gains included in income tax expense		-		3,689		3,689
Other comprehensive income, net of tax		1,474		7,510		8,984

Balance at December 31, 2013	$	(1,480)	$	18,363	$	16,883
Other comprehensive income:
Change in net actuarial gain		(1,723)		-		(1,723)
Tax effect on change in net actuarial gain		603		-		603
Unrealized holding gains arising during the period		-		3,543		3,543
Tax effect on unrealized gains arising during the period		-		(1,240)		(1,240)
Reclassification adjustment for gains included in net realized gains		-		(408)		(408)
Tax effect on reclassification adjustment for gains included in income tax expense		-		143		143
Other comprehensive income, net of tax		(1,120)		2,038		918

Balance at December 31, 2014	$	(2,600)	$	20,401	$	17,801