Changes in Accumulated Other Comprehensive Income Balances

6 Months Ended

Jun. 30, 2017

Changes in Accumulated Other Comprehensive Income Balances [Abstract]

Changes in Accumulated Other Comprehensive Income Balances

17. Changes in Accumulated Other Comprehensive Income Balances  

The changes in accumulated other comprehensive income balances as of June 30, 2017 and 2016 were as follows (in thousands):

	Minimum				Accumulated Other
	Pension		Unrealized		Comprehensive
	Liability		Gains (Loss)		Income
Balance at December 31, 2015	$	(2,572)	$	9,990	$	7,418
Other comprehensive income:
Change in net actuarial gain		57		-		57
Tax effect on change in net actuarial gain		(20)		-		(20)
Net unrealized holding gains arising during the period		-		5,729		5,729
Tax effect on unrealized gains arising during the period		-		(2,005)		(2,005)
Reclassification adjustment for gains included in net realized gains		-		(484)		(484)
Tax effect on reclassification adjustment for gains included in income tax expense		-		169		169
Other comprehensive income, net of tax		37		3,409		3,446
Balance at June 30, 2016	$	(2,535)	$	13,399	$	10,864
Balance at December 31, 2016	$	(2,666)	$	13,037	$	10,371
Other comprehensive income:
Change in net actuarial gain		70		-		70
Tax effect on change in net actuarial gain		(24)		-		(24)
Net unrealized holding gains arising during the period		-		7,900		7,900
Tax effect on unrealized gains arising during the period		-		(2,765)		(2,765)
Reclassification adjustment for gains included in net realized gains		-		(2,491)		(2,491)
Tax effect on reclassification adjustment for gains included in income tax expense		-		872		872
Other comprehensive income, net of tax		46		3,516		3,562
Balance at June 30, 2017	$	(2,620)	$	16,553	$	13,933