Stockholders' Equity

3 Months Ended

Mar. 31, 2017

Stockholders' Equity Note [Abstract]

Stockholders' Equity

(8) Stockholders’ Equity

Accumulated Other Comprehensive Loss

The following details the change in the components of the Company’s accumulated other comprehensive loss for the three months ended March 31, 2017 and 2016:

	Three months ended March 31, 2017
				Unrecognized Net			Accumulated
	Unrealized			Pension and			Other
	Gain (Loss)			Postretirement			Comprehensive
(in thousands)	on Securities (1)			Costs (2)			Loss
Balance at beginning of period	$	(1,936	)	$	(1,865	)	$	(3,801	)
Other comprehensive income, before reclassifications		493			22			515
Amounts reclassified from accumulated other comprehensive income (loss)		0			0			0
Current period other comprehensive income, before tax		493			22			515
Income tax expense		(187	)		(8	)		(195	)
Current period other comprehensive income, net of tax		306			14			320
Balance at end of period	$	(1,630	)	$	(1,851	)	$	(3,481	)

	Three months ended March 31, 2016
				Unrecognized Net			Accumulated
	Unrealized			Pension and			Other
	Gain (Loss)			Postretirement			Comprehensive
(in thousands)	on Securities (1)			Costs (2)			Loss
Balance at beginning of period	$	(591	)	$	(1,427	)	$	(2,018	)
Other comprehensive income, before reclassifications		2,006			21			2,027
Amounts reclassified from accumulated other comprehensive income (loss)		(472	)		0			(472	)
Current period other comprehensive income, before tax		1,534			21			1,555
Income tax expense		(583	)		(8	)		(591	)
Current period other comprehensive income, net of tax		951			13			964
Balance at end of period	$	360		$	(1,414	)	$	(1,054	)

(1) The pre-tax amounts reclassified from accumulated other comprehensive loss are included in gain on sale of investment securities in the consolidated statements of income.

(2) The pre-tax amounts reclassified from accumulated other comprehensive loss are included in the computation of net periodic pension cost.