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Other Comprehensive Income (Tables)
3 Months Ended
Mar. 31, 2017
Other Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)







 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Balance at December 31, 2016

 

Net Change

 

Balance at March 31, 2017



 

(in thousands)

Net unrealized (loss) gain on investment securities

 

$

(365)

 

$

187 

 

$

(178)

Net defined benefit pension plan adjustments

 

 

(2,059)

 

 

63 

 

 

(1,996)

Total

 

$

(2,424)

 

$

250 

 

$

(2,174)



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

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)



Components Of Other Comprehensive Income (Loss)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Three months ended March 31, 2017

 

Three months ended March 31, 2016



 

(in thousands)

 

(in thousands)



 

Before-Tax Amount

 

Income Tax (Provision) Benefit (b)

 

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

 

$

296 

 

$

(109)

 

$

187 

 

$

1,047 

 

$

(398)

 

$

649 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defined benefit pension plan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reclassifications from accumulated other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

comprehensive income for gains (losses)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of prior service cost (a)

 

$

 

$

 

$

10 

 

$

 

$

(3)

 

$

Amortization of actuarial loss (a)

 

 

43 

 

 

10 

 

 

53 

 

 

56 

 

 

(21)

 

 

35 

Net change

 

 

51 

 

 

12 

 

 

63 

 

 

64 

 

 

(24)

 

 

40 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Comprehensive Income (Loss)

 

$

347 

 

$

(97)

 

$

250 

 

$

1,111 

 

$

(422)

 

$

689 



(a)

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

(b)

Tax benefit includes impact of re-valuation of deferred tax asset due to increase in marginal federal income tax rate

from 34% to 35%.