Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

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OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 6 Months Ended
Jun. 30, 2015
Other Comprehensive Income Loss Tables  
Schedule of other comprehensive income loss

The amounts allocated to other comprehensive income are presented in the table below. 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)

Benefit

  

Net of

Tax Amount
Three Months Ended June 30, 2015                        
Investment Securities:                        
Change in net unrealized gain/loss on securities available for sale   $ (117 )   $ 44     $ (73 )
Amortization of losses on securities transferred from available for sale to held  to maturity     19       (7 )     12  
Total Other Comprehensive Loss   $ (98 )   $ 37     $ (61 )
                         
Six Months Ended June 30, 2015                        
Investment Securities:                        
Change in net unrealized gain/loss on securities available for sale   $ 1,029     $ (397 )   $ 632  
Amortization of losses on securities transferred from available for sale to held  to maturity     36       (14 )     22  
Total Other Comprehensive Income   $ 1,065     $ (411 )   $ 654  

 

 (Dollars in Thousands)  

Before

Tax Amount

  

Tax

(Expense)

Benefit

  

Net of

Tax Amount
Three Months Ended June 30, 2014                        
Investment Securities:                        
Change in net unrealized gain/loss on securities available for sale   $ 257     $ (99 )   $ 158  
Amortization of losses on securities transferred from available for sale to held  to maturity     16       (6 )     10  
      Total Other Comprehensive Income   $ 273     $ (105 )   $ 168  
                         
Six Months Ended June 30, 2014                        
Investment Securities:                        
Change in net unrealized gain/loss on securities available for sale   $ 252     $ (98 )   $ 154  
Amortization of losses on securities transferred from available for sale to held  to maturity     36       (14 )     22  
                Total Other Comprehensive Income   $ 288     $ (112 )   $ 176  

 
Schedule of 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     654       —         654  
Balance as of June 30, 2015   $ 713     $ (21,568 )   $ (20,855 )
                         
Balance as of January 1, 2014   $ (132 )   $ (8,408 )   $ (8,540 )
Other comprehensive income during the period     176       —         176  
Balance as of June 30, 2014   $ 44     $ (8,408 )   $ (8,364 )