Schedule of pre-tax amounts recognized as a component of accumulated other comprehensive income

Defined Benefit Pension Plan:

Amounts recognized in accumulated other comprehensive income not yet recognized as components of net periodic benefit cost consist of the following at December 31, 2012 and 2011:

	2012			2011
	(In thousands)

Net loss	$	(1,096	)	$	(1,026	)

Split-Dollar Life Insurance:

Amounts recognized in accumulated other comprehensive income not yet recognized as components of net periodic benefit cost consist of:

	2012			2011
	(In thousands)
Prior service cost	$	(125	)	$	—
Net loss		(121	)		—

Schedule of target allocation of plan assets

Defined Benefit Pension Plan:

Asset allocation is primarily based on a strategy to provide stable earnings while still permitting the plan to recognize potentially higher returns through an investment in equity securities. The target asset allocation percentages for 2012 are as follows:

SMID-Cap stocks	30-70%
Fixed income investments	30-70%
Cash	0-15%

Schedule of expected benefits to be paid in the following years

Defined Benefit Pension Plan:

Benefit payments expected to be paid from the plan as of December 31, 2012 are as follows:

	(In thousands)

2013	$	47
2014		47
2015		58
2016		66
2017		76
Thereafter		532

	$	826

Split-dollar plan:

The retiree accrued liability expected to be reversed from the plan as of December 31, 2012 are as follows:

	(In thousands)

2013	$	15
2014		17
2015		19
2016		21
2017		28
Thereafter		196

	$	296

Schedule of fair value measurement of pension plan

The fair value of the Company’s pension plan assets at December 31, 2012, and 2011 by asset category are as follows:

December 31, 2012			Fair Value Measurements Using
Asset Category	Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(In thousands)
Mutual funds-Equity
Mid Cap Blend (a)	$	38	$	38	$	—	$	—
Large Cap Value (b)		25		25		—		—
Int’l Large Cap Blend (c)		106		106		—		—
Huntington Disciplined
Equity Fd Tr Shrs II (d)		64		64		—		—
Alernative Stability (e)		24		24		—		—
Mid Cap Blend (f)		56		56		—		—
Natural Resources (g)		41		41		—		—
Mutual funds-Fixed Income
Short-Term Bond (h)		63		63		—		—
Cash
Cash Mgm’t Funds-Taxable		198		198		—		—
Cash Receivable		3		3		—		—
Fixed Income Securities
US Government Obligations		65		65		—		—
Corporate Obligations		159		159		—		—
Equity Securities
Common Stock		331		331		—		—
Common Stock-Foreign		19		19		—		—
Total	$	1,192	$	1,192	$	—	$	—

(a)This category seeks long-term capital appreciation by investing primarily in equity securities of mid-cap companies.

(b)This category contains primarily companies which seek total return on investment, with dividend income as an important component of that return.

(c)This category seeks total return by investing in equities of large cap international companies. The focus of the category’s investments is in companies that have demonstrated the ability to grow the value of the enterprise at a higher rate than the cost of capital.

(d) This category contains primarily companies which seek total return on investment, investing in equity securities, which include put and call options on individual securities and stock indices.

(e) This category seeks total return on investment by investing in equities of companies domiciled in emerging markets.

(f)This category pursues primarily mid cap companies with goals of long-term capital appreciation. It invests in a strategic combination of U.S. and foreign companies whose situs, or geographical locations, gives them a competitive advantage and the potential to outperform.

(g)This category’s objective is to reduce risk related to inflation and diversify into investments which are less correlated to U.S. stocks and bonds.

(h)This category’s objective is to invest in high quality corporate bonds, U.S. Treasuries and government agencies to increase income without assuming a great deal of risk.

December 31, 2011			Fair Value Measurements Using
Asset Category	Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(In thousands)
Mutual funds-Equity
Mid Cap Blend (a)	$	46	$	46	$	—	$	—
Large Cap Value (b)		32		32		—		—
Intn’l Large Cap Blend (c)		91		91		—		—
Mid Cap Blend (d)		57		57		—		—
Natural Resources (e)		20		20		—		—
Mutual funds-Fixed Income
Short-Term Bond (f)		36		36		—		—
Cash
Cash Mgm’t Funds-Taxable		66		66		—		—
Cash Receivable		3		3		—		—
Fixed Income Securities
US Government Obligations		65		65		—		—
US Government Agencies		50		50
Corporate Obligations		216		216		—		—
Equity Securities
Common Stock		313		313		—		—
Common Stock-Foreign		25		25		—		—
Total	$	1,020	$	1,020	$	—	$	—

(a)This category seeks long-term capital appreciation by investing primarily in equity securities of mid-cap companies.

(b)This category contains primarily companies which seek total return on investment, with dividend income as an important component of that return.

(c)This category seeks total return by investing in equities of large cap international companies. The focus of the category’s investments is in companies that have demonstrated the ability to grow the value of the enterprise at a higher rate than the cost of capital.

(d)This category pursues primarily mid cap companies with goals of long-term capital appreciation. It invests in a strategic combination of U.S. and foreign companies whose situs, or geographical locations, gives them a competitive advantage and the potential to outperform.

(e)This category’s objective is to reduce risk related to inflation and diversify into investments which are less correlated to U.S. stocks and bonds.

(f)This category’s objective is to invest in high quality corporate bonds, U.S. Treasuries and government agencies to increase income without assuming a great deal of risk.