The changes in accumulated other comprehensive income balances as of September 30, 2018 and 2017 were as follows (in thousands):



	Minimum				Accumulated Other
	Pension		Unrealized		Comprehensive
	Liability		Gains (Losses)		Income

Balance at December 31, 2016	$	(2,666)	$	13,037	$	10,371
Other comprehensive income:
Change in net actuarial gain		107		-		107
Tax effect on change in net actuarial gain		(37)		-		(37)
Net unrealized holding gains arising during the period		-		8,208		8,208
Tax effect on unrealized gains arising during the period		-		(2,873)		(2,873)
Reclassification adjustment for gains included in investment gains		-		(5,679)		(5,679)
Tax effect on reclassification adjustment for gains included in income tax expense		-		1,988		1,988
Other comprehensive income, net of tax		70		1,644		1,714
Balance at September 30, 2017	$	(2,596)	$	14,681	$	12,085

Balance at December 31, 2017	$	(2,310)	$	14,544	$	12,234
Other comprehensive income:
Change in net actuarial gain		80		-		80
Tax effect on change in net actuarial gain		(17)		-		(17)
Net unrealized holding gains arising during the period		-		1,909		1,909
Tax effect on unrealized gains arising during the period		-		(401)		(401)
Reclassification adjustment for realized gains included in investment gains		-		159		159
Tax effect on reclassification adjustment for realized gains included in income tax expense		-		(33)		(33)
Other comprehensive income, net of tax		63		1,634		1,697
Reclassification of certain tax effects from accumulated other comprehensive income at January 1, 2018		(569)		3,188		2,619
Cumulative effect of adoption of updated accounting guidance for equity financial instruments at January 1, 2018		-		(16,993)		(16,993)
Balance at September 30, 2018	$	(2,816)	$	2,373	$	(443)