Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

v2.4.1.9
OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 3 Months Ended
Mar. 31, 2015
Other Comprehensive Income Loss Tables  
Schedule of other comprehensive income loss

Reclassification adjustments related to securities held for sale are included in net gain (loss) on securities transactions in the accompanying consolidated statements of comprehensive income. For the periods presented, reclassifications adjustments related to securities held for sale was not material.

 

 (Dollars in Thousands)   Before
Tax
Amount		     Tax
Expense		     Net of
Tax
Amount		  
March 31, 2015                        
Investment Securities:                        
Change in net unrealized gain/loss on securities available for sale   $ 1,146     $ (441 )   $ 705  
      Amortization of losses on securities transferred from available for sale to held to maturity     17       (7 )     10  
      Total Other Comprehensive Income   $ 1,163     $ (448 )   $ 715  
                         
March 31, 2014                        
Investment Securities:                        
Change in net unrealized gain/loss on securities available for sale   $ (5 )   $ 2     $ (3 )
       Amortization of losses on securities transferred from available for sale to held to maturity     20       (8 )     12  
                Total Other Comprehensive Income   $ 15     $ (6 )   $ 9  
                         
Activity in accumulated other comprehensive loss, net of tax

Accumulated other comprehensive loss was comprised of the following components:

                   
 (Dollars in Thousands)   Securities Available for Sale     Retirement Plans     Accumulated Other Comprehensive Loss  
Balance as of January 1, 2015   $ 59     $ (21,568 )   $ (21,509 )
Other comprehensive income during the period     715       —       715  
Balance as of March 31, 2015   $ 774     $ (21,568 )   $ (20,794 )
                         
Balance as of January 1, 2014   $ (132 )   $ (8,408 )   $ (8,540 )
Other comprehensive income during the period     9       —       9  
Balance as of March 31, 2014   $ (123 )   $ (8,408 )   $ (8,531 )