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Accumulated Other Comprehensive (Loss) Income (Tables)
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Components of Accumulated Other Comprehensive (Loss) Income, Net of Taxes
The following table shows the components of accumulated other comprehensive (loss) income, net of taxes, for the periods presented:
(Dollars in thousands)
Net Unrealized
(Losses) Gains  on
Available-for-Sale
Investment
Securities
 
Net Change
Related to
Derivative Used
for Cash Flow
Hedge
 
Net Change
Related to
Defined Benefit
Pension Plan
 
Accumulated
Other
Comprehensive
(Loss) Income
Balance, December 31, 2013
$
(1,472
)
 
$

 
$
(8,483
)
 
$
(9,955
)
Net Change
2,869

 

 
185

 
3,054

Balance, September 30, 2014
$
1,397

 
$

 
$
(8,298
)
 
$
(6,901
)
Balance, December 31, 2012
$
8,344

 
$
(1,241
)
 
$
(14,023
)
 
$
(6,920
)
Net Change
(8,524
)
 
1,241

 
500

 
(6,783
)
Balance, September 30, 2013
$
(180
)
 
$

 
$
(13,523
)
 
$
(13,703
)
Amounts Reclassified Out of Each Component of Accumulated Comprehensive (Loss) Income
The following table illustrates the amounts reclassified out of each component of accumulated comprehensive (loss) income for the three and nine months ended September 30, 2014 and 2013:
Details about Accumulated Other
Comprehensive (Loss) Income Components
 
Amount Reclassified from Accumulated
Other Comprehensive (Loss) Income
 
Affected Line Item in the
Statement of Income
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
 
(Dollars in thousands)
 
2014
 
2013
 
2014
 
2013
 
 
Net unrealized holding gains (losses) on available-for-sale investment securities:
 
 
 
 
 
 
 
 
 
 
 
 
$

 
$
1,426

 
$
557

 
$
2,950

 
Net gain on sales of investment securities
 
 

 
1,426

 
557

 
2,950

 
Total before tax
 
 

 
(499
)
 
(195
)
 
(1,032
)
 
Tax expense
 
 
$

 
$
927

 
$
362

 
$
1,918

 
Net of tax
Cash flow hedge derivative:
 
 
 
 
 
 
 
 
 
 
 
 
$

 
$

 
$

 
$
(1,866
)
 
Net loss on interest rate swap
 
 

 

 

 
(1,866
)
 
Total before tax
 
 

 

 

 
653

 
Tax benefit
 
 
$

 
$

 
$

 
$
(1,213
)
 
Net of tax
Defined benefit pension plans:
 
 
 
 
 
 
 
 
 
 
Amortization of net loss included in net periodic pension costs*
 
$
(168
)
 
$
(320
)
 
$
(499
)
 
$
(961
)
 
 
Accretion of prior service cost included in net periodic pension costs*
 
72

 
64

 
216

 
191

 
 
 
 
(96
)
 
(256
)
 
(283
)
 
(770
)
 
Total before tax
 
 
33

 
90

 
98

 
270

 
Tax benefit
 
 
$
(63
)
 
$
(166
)
 
$
(185
)
 
$
(500
)
 
Net of tax