Other Comprehensive Income

3 Months Ended

Mar. 31, 2016

Other Comprehensive Income [Abstract]

Other Comprehensive Income

6. OTHER COMPREHENSIVE INCOME

The following tables summarize the changes in the components of accumulated other comprehensive income (loss) during the three month periods ended March 31, 2016 and 2015:

	Balance at December 31, 2015		Net Change		Balance at March 31, 2016
	(in thousands)
Net unrealized gain on investment securities	$	475	$	649	$	1,124
Net defined benefit pension plan adjustments		(2,285)		40		(2,245)
Total	$	(1,810)	$	689	$	(1,121)
	Balance at December 31, 2014		Net Change		Balance at March 31, 2015
	(in thousands)
Net unrealized gain on investment securities	$	911	$	331	$	1,242
Net defined benefit pension plan adjustments		(2,419)		29		(2,390)
Total	$	(1,508)	$	360	$	(1,148)

	Three months ended March 31, 2016 (in thousands)						Three months ended March 31, 2015 (in thousands)
	Before-Tax Amount		Income Tax (Provision) Benefit		Net-of-Tax Amount		Before-Tax Amount		Income Tax (Provision) Benefit		Net-of-Tax Amount
Unrealized gain on investment securities:
Unrealized gain on investment securities	$	1,047	$	(398)	$	649	$	541	$	(210)	$	331
Reclassification from accumulated other
comprehensive income for gains (losses)		-		-		-		-		-		-
Net change		1,047		(398)		649		541		(210)		331
Defined benefit pension plan adjustments:
Net actuarial gain (loss)	$	-	$	-	$	-	$	-	$	-	$	-
Reclassifications from accumulated other
comprehensive income for gains (losses)
Amortization of prior service cost (a)		8		(3)		5		7		(2)		5
Amortization of actuarial loss (a)		56		(21)		35		48		(24)		24
Net change		64		(24)		40		55		(26)		29
Other Comprehensive Income (Loss)	$	1,111	$	(422)	$	689	$	596	$	(236)	$	360

(a)   Included in net periodic pension cost, as described in Note 9 – “Net Periodic Benefit Costs”