Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

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OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 3 Months Ended
Mar. 31, 2016
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

  

Net of

Tax Amount
March 31, 2016                        
Investment Securities:                        
Change in net unrealized gain/loss on securities available for sale   $ 1,784     $ (688 )   $ 1,096  
Amortization of losses on securities transferred from available for sale to held to maturity     19       (7 )     12  
Total Other Comprehensive Income   $ 1,803     $ (695 )   $ 1,108  
                         
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  
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, 2016   $ (127 )   $ (22,130 )   $ (22,257 )
Other comprehensive income during the period     1,108       —         1,108  
Balance as of March 31, 2016   $ 981     $ (22,130 )   $ (21,149 )
                         
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 )