OTHER COMPREHENSIVE INCOME

12 Months Ended

Dec. 31, 2015

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME

22.OTHER COMPREHENSIVE INCOME

OCI components and related tax effects were as follows:

Years Ended December 31,  (in thousands)	2015		2014		2013
Available for Sale Securities:
Change in unrealized gain (loss) on securities available for sale	$	(3,160)	$	2,021	$	(4,747)
Reclassification adjustment for gain on security available for sale recognized in earnings		(88)		—		—
Change in unrealized gain on security available for sale for which a portion of an other-than-temporary impairment has been recognized in earnings		(125)		475		742
Net unrealized gains		(3,373)		2,496		(4,005)
Tax effect		1,181		(875)		1,403
Net of tax		(2,192)		1,621		(2,602)
Cash Flow Hedges:
Change in fair value of derivatives used for cash flow hedges		(514)		(1,082)		147
Reclassification amount for derivative losses realized in income		402		424		23
Net unrealized gains losses		(112)		(658)		170
Tax effect		38		231		(59)
Net of tax		(74)		(427)		111
Total other comprehensive income components, net of tax	$	(2,266)	$	1,194	$	(2,491)

Significant amounts reclassified out of each component of accumulated OCI for the years ended December 31, 2015, 2014 and 2013:

		Amounts Reclassified From
		Accumulated Other
	Affected Line Items in the Consolidated	Comprehensive Income
Years Ended December 31,  (in thousands)	Statements of Income	2015		2014		2013
Available for Sale Securities:
Gain on call of security available for sale	Non interest income	$	88	$	—	$	—
Tax effect	Income tax expense		(31)		—		—
Net of tax	Net income		57		—		—
Cash Flow Hedges:
Interest rate swap on money market deposits	Interest expense on deposits		(198)		(201)		(16)
Interest rate swap on FHLB advance	Interest expense on FHLB advances		(204)		(223)		(7)
Total derivative losses on cash flow hedges	Total interest expense		(402)		(424)		(23)
Tax effect	Income tax expense		141		70		6
Net of tax	Net income		(261)		(354)		(17)
Net of tax, total all reclassification amounts	Net income	$	(204)	$	(354)	$	(17)

The following is a summary of the accumulated OCI balances, net of tax:

			2015
(in thousands)	December 31, 2014		Change		December 31, 2015
Unrealized gain on securities available for sale	$	3,839	$	(2,112)	$	1,727
Unrealized gain on security available for sale for which a portion of an other-than-temporary impairment has been recognized in earnings		792		(80)		712
Unrealized loss on cash flow hedge		(316)		(74)		(390)
Total unrealized gain	$	4,315	$	(2,266)	$	2,049

			2014
(in thousands)	December 31, 2013		Change		December 31, 2014
Unrealized gain on securities available for sale	$	2,526	$	1,313	$	3,839
Unrealized gain on security available for sale for which a portion of an other-than-temporary impairment has been recognized in earnings		484		308		792
Unrealized gain (loss) on cash flow hedge		111		(427)		(316)
Total unrealized gain	$	3,121	$	1,194	$	4,315