ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

6 Months Ended

Jun. 30, 2013

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

12. ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

      Accumulated other comprehensive (loss) income consists of the following:

(in thousands)	Pension  Adjustment			Unrealized  Gain (Loss) On Securities			Total
Balance at December 31, 2012	$	(1,771	)	$	199		$	(1,572	)
Change during the period ended June 30, 2013:
Before-tax amount	–				(361	)		(361	)
Tax benefit	–				129			129
Reclassification adjustment, net of taxes
Amortization of net loss (1)		21			-			21
Net realized gain (2)		-			52			52
Total activity for the period		21			(180	)		(159	)
Balance at June 30, 2013	$	(1,750	)	$	19		$	(1,731	)

(in thousands)	Pension  Adjustment			Unrealized  Gain (Loss) On Securities			Total
Balance at December 31, 2011	$	(1,666	)	$	208		$	(1,458	)
Change during the period ended June 30, 2012:
Before-tax amount	–				(39	)		(39	)
Tax  benefit	–				14			14
Reclassification adjustment, net of taxes
Amortization of net loss (1)		20			-			20
Net realized gain (2)		-			72			72
Total activity for the period		20			47			67
Balance at June 30, 2012	$	(1,646	)	$	255		$	(1,391	)

(1) Reported as part of selling, general and administrative expenses.

(2) Reported as part of interest income.