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Accumulated Other Comprehensive Income
3 Months Ended
Mar. 31, 2014
Accumulated Other Comprehensive Income [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME

4.         Accumulated Other Comprehensive Income

 

The following table presents the changes in accumulated other comprehensive income (in thousands) by component net of tax for the three months ended March 31,  2014 and 2013:

 

 

 

 

 

 

 

 

 

Unrealized gains (losses) on

 

available for sale

 

securities (a)

Balance as of December 31, 2013

$

(2,602)

Other comprehensive loss before reclassification

 

1,665 

Amount reclassified from accumulated other comprehensive income (loss)

 

(63)

Total other comprehensive loss

 

1,602 

Balance as of March 31, 2014

$

(1,000)

 

 

 

 

 

 

 

 

 

Unrealized gains (losses) on

 

available for sale

 

securities (a)

Balance as of December 31, 2012

$

2,797 

Other comprehensive loss before reclassification

 

(571)

Amount reclassified from accumulated other comprehensive income (loss)

 

(91)

Total other comprehensive loss

 

(662)

Balance as of March 31, 2013

$

2,135 

 

(a)  All amounts are net of tax.  Amounts in parentheses indicate debits.

The following table presents significant amounts reclassified out of each component of accumulated other comprehensive income (loss) (in thousands) for the three months ended March 31,  2014 and 2013:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Reclassified

 

 

 

 

From Accumulated

 

Affected Line Item in

 

 

Other

 

the Statement Where

 

 

Comprehensive

 

Net Income is

Details about other comprehensive income

 

Income (a)

 

Presented

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months

 

 

 

Three months

 

 

 

 

 

ended

 

 

 

ended

 

 

 

 

 

March 31,

 

 

 

March 31,

 

 

 

 

 

2014

 

 

 

2013

 

 

Unrealized gains on available for sale securities

 

$

95 

 

 

$

138 

 

Net realized gains on sales of securities

 

 

 

(32)

 

 

 

(47)

 

Income tax expense

 

 

$

63 

 

 

$

91 

 

Net of tax

 

 

(a)  Amounts in parentheses indicate debits to net income