OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Jun. 30, 2013

Other Comprehensive Income (Loss) [Abstract]

Other Comprehensive Income (Loss) [Text Block]

5.   OTHER COMPREHENSIVE INCOME (LOSS)

The before and after tax amounts allocated to each component of other comprehensive income (loss) are presented in the table below.  Reclassification adjustments related to securities available for sale are included in the line entitled net (loss) gain on sales of securities in the accompanying consolidated statements of income.

	Pre-tax Amount			Tax Expense (Benefit)			After tax Amount
Three Months Ended June 30, 2013
Securities held-to maturity and transferred securities:
Change in non-credit component of OTTI	$	8		$	4		$	4
Change in unrealized loss on securities transferred to held to maturity		51			23			28
Total securities held-to-maturity and transferred securities		59			27			32
Securities available-for-sale:
Reclassification adjustment for net gains included in net income		-			-			-
Change in net unrealized gain during the period		(320	)		(145	)		(175	)
Total securities available-for-sale		(320	)		(145	)		(175	)
Total other comprehensive income	$	(261	)	$	(118	)	$	(143	)
Three Months Ended June 30, 2012
Securities held-to-maturity and transferred securities:
Change in non-credit component of OTTI	$	271		$	122		$	149
Change in unrealized loss on securities transferred to held to maturity		96			43			53
Total securities held-to-maturity and transferred securities		367			165			202
Securities available-for-sale:
Reclassification adjustment for net gains included in net income		(44	)		(20	)		(24	)
Change in net unrealized gain during the period		(457	)		(205	)		(252	)
Total securities available-for-sale		(501	)		(225	)		(276	)
Defined benefit plans:
Change in the net actuarial gain or loss		-			-			-
Total defined benefit plans		-			-			-
Total other comprehensive income	$	(134	)	$	(60	)	$	(74	)

	Pre-tax Amount			Tax Expense (Benefit)			After tax Amount
Six Months Ended June 30, 2013
Securities held-to-maturity and transferred securities
Change in non-credit component of OTTI	$	16		$	8		$	8
Change in unrealized loss on securities transferred to held to maturity		112			50			62
Total securities held-to-maturity and transferred securities		128			58			70
Securities available-for-sale
Reclassification adjustment for net gains included in net income		(110	)		(50	)		(60	)
Change in net unrealized gain during the period		117			51			66
Total securities available-for-sale		7			1			6
Total other comprehensive income	$	135		$	59		$	76
Six Months Ended June 30, 2012
Securities held-to-maturity and transferred securities:
Change in non-credit component of OTTI	$	275		$	124		$	151
Change in unrealized loss on securities transferred to held to maturity		142			64			78
Total securities held-to-maturity and transferred securities		417			188			229
Securities available-for-sale:
Reclassification adjustment for net gains included in net income		(44	)		(20	)		(24	)
Change in net unrealized gain during the period		(395	)		(178	)		(217	)
Total securities available-for-sale		(439	)		(198	)		(241	)
Defined benefit plans:
Change in the net actuarial gain or loss		568			256			312
Total defined benefit plans		568			256			312
Total other comprehensive income	$	546		$	246		$	300

Activity in accumulated other comprehensive gain (loss), net of tax, was as follows:

	Securities Held-to-Maturity and Transferred Securities	Securities Available-for-Sale	Defined Benefit Plans	Total Accumulated Other Comprehensive Gain (Loss)
Balance as of January 1, 2013	$(1,043)	$1,178	$(9,775)	$(9,640)
Other comprehensive income before reclassifications	70	66	-	136
Amounts reclassified from accumulated other comprehensive loss	-	(60)	-	(60)
Net other comprehensive income during the period	70	6	-	76
Balance as of June 30, 2013	$(973)	$1,184	$(9,775)	$(9,564)
Balance as of January 1, 2012	$(1,316)	$3,078	$(11,471)	$(9,709)
Other comprehensive income before reclassifications	229	(217)	312	324
Amounts reclassified from accumulated other comprehensive loss	-	(24)	-	(24)
Net other comprehensive income during the period	229	(241)	312	300
Balance as of June 30, 2012	$(1,087)	$2,837	$(11,159)	$(9,409)