| Related Tax Effects Allocated to Other Comprehensive Income and Accumulated Other Comprehensive Income (Loss) |
The related tax effects allocated to other comprehensive income and reclassifications out of accumulated other comprehensive income (loss) are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, 2016 | | Total other comprehensive income | | Total accumulated other comprehensive income | (Dollars in thousands) | Prior to Reclassification | | Reclassification from | | Pre-tax | | Tax-effect | | Net of tax | | Beginning Balance | | Net Activity | | Ending Balance | Unrealized gain (loss) on investment securities | $ | 99 |
| | $ | 398 |
| | $ | (299 | ) | | $ | 137 |
| | $ | (162 | ) | | $ | 7,302 |
| | $ | (162 | ) | | $ | 7,140 |
| Unrealized gain (loss) on derivatives | 202 |
| | 0 |
| | 202 |
| | (74 | ) | | 128 |
| | (1,343 | ) | | 128 |
| | (1,215 | ) | Retirement obligation | 0 |
| | (317 | ) | | 317 |
| | (117 | ) | | 200 |
| | (23,647 | ) | | 200 |
| | (23,447 | ) | Foreign currency translation | 0 |
| | 0 |
| | 0 |
| | 0 |
| | 0 |
| | 0 |
| | 0 |
| | 0 |
| Total | $ | 301 |
| | $ | 81 |
| | $ | 220 |
| | $ | (54 | ) | | $ | 166 |
| | $ | (17,688 | ) | | $ | 166 |
| | $ | (17,522 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, 2015 | | Total other comprehensive income | | Total accumulated other comprehensive income | (Dollars in thousands) | Prior to Reclassification | | Reclassification from | | Pre-tax | | Tax-effect | | Net of tax | | Beginning Balance | | Net Activity | | Ending Balance | Unrealized gain (loss) on investment securities | $ | 5,213 |
| | $ | 409 |
| | $ | 4,804 |
| | $ | (1,747 | ) | | $ | 3,057 |
| | $ | (1,276 | ) | | $ | 3,057 |
| | $ | 1,781 |
| Unrealized gain (loss) on derivatives | 203 |
| | 0 |
| | 203 |
| | (75 | ) | | 128 |
| | (1,848 | ) | | 128 |
| | (1,720 | ) | Retirement obligation | 0 |
| | (350 | ) | | 350 |
| | (130 | ) | | 220 |
| | (17,500 | ) | | 220 |
| | (17,280 | ) | Foreign currency translation | 91 |
| | 0 |
| | 91 |
| | 0 |
| | 91 |
| | (91 | ) | | 91 |
| | 0 |
| Total | $ | 5,507 |
| | $ | 59 |
| | $ | 5,448 |
| | $ | (1,952 | ) | | $ | 3,496 |
| | $ | (20,715 | ) | | $ | 3,496 |
| | $ | (17,219 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine months ended September 30, 2016 | | Total other comprehensive income | | Total accumulated other comprehensive income (loss) | (Dollars in thousands) | Prior to Reclassification | | Reclassification from | | Pre-tax | | Tax-effect | | Net of tax | | Beginning Balance | | Net Activity | | Ending Balance | Unrealized gain (loss) on investment securities | $ | 18,951 |
| | $ | 234 |
| | $ | 18,717 |
| | $ | (6,644 | ) | | $ | 12,073 |
| | $ | (4,933 | ) | | $ | 12,073 |
| | $ | 7,140 |
| Unrealized gain (loss) on derivatives | 607 |
| | 0 |
| | 607 |
| | (223 | ) | | 384 |
| | (1,599 | ) | | 384 |
| | (1,215 | ) | Retirement obligation | 0 |
| | (951 | ) | | 951 |
| | (350 | ) | | 601 |
| | (24,048 | ) | | 601 |
| | (23,447 | ) | Total | $ | 19,558 |
| | $ | (717 | ) | | $ | 20,275 |
| | $ | (7,217 | ) | | $ | 13,058 |
| | $ | (30,580 | ) | | $ | 13,058 |
| | $ | (17,522 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine months ended September 30, 2015 | | Total other comprehensive income | | Total accumulated other comprehensive income (loss) | (Dollars in thousands) | Prior to Reclassification | | Reclassification from | | Pre-tax | | Tax-effect | | Net of tax | | Beginning Balance | | Net Activity | | Ending Balance | Unrealized gain (loss) on investment securities | $ | 8,219 |
| | $ | 1,503 |
| | $ | 6,716 |
| | $ | (2,429 | ) | | $ | 4,287 |
| | $ | (2,506 | ) | | $ | 4,287 |
| | $ | 1,781 |
| Unrealized gain (loss) on derivatives | (1,222 | ) | | 0 |
| | (1,222 | ) | | 451 |
| | (771 | ) | | (949 | ) | | (771 | ) | | (1,720 | ) | Retirement obligation | 0 |
| | (1,050 | ) | | 1,050 |
| | (426 | ) | | 624 |
| | (17,904 | ) | | 624 |
| | (17,280 | ) | Foreign currency translation | 50 |
| | 0 |
| | 50 |
| | 0 |
| | 50 |
| | (50 | ) | | 50 |
| | 0 |
| Total | $ | 7,047 |
| | $ | 453 |
| | $ | 6,594 |
| | $ | (2,404 | ) | | $ | 4,190 |
| | $ | (21,409 | ) | | $ | 4,190 |
| | $ | (17,219 | ) |
|
| Other Accumulated Comprehensive income reclassified from AOCI |
The following table presents the activity reclassified from accumulated other comprehensive income into income during the three and nine month periods ended September 30, 2016 and 2015, respectively: | | | | | | | | | | | | | | | | | | | | | | Amount reclassified from accumulated other comprehensive income (1) | | | | | Three months ended | | Nine months ended | | | | | September 30, | | September 30, | | | (Dollars in thousands) | | 2016 | | 2015 | | 2016 | | 2015 | | Affected Line Item in the Consolidated Statements of Income | Realized gains and losses on securities available-for-sale | | $ | 398 |
| | $ | 409 |
| | $ | 234 |
| | $ | 1,503 |
| | Gains on sales of investments securities | Defined benefit pension plan | | | | | | | | | Amortization of prior service cost (2) | | 103 |
| | 100 |
| | 310 |
| | 300 |
| | Salaries and employee benefits | Recognized net actuarial loss (2) | | (420 | ) | | (450 | ) | | (1,261 | ) | | (1,350 | ) | | Salaries and employee benefits | Defined benefit pension plan total | | (317 | ) | | (350 | ) | | (951 | ) | | (1,050 | ) | | | Total reclassifications for the period, before tax | | $ | 81 |
| | $ | 59 |
| | $ | (717 | ) | | $ | 453 |
| | |
(1) Negative amounts are reductions to net income. (2) Included in the computation of net periodic pension cost (see Note 12 - Employee Benefit Plans for additional details). |