Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2013

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income [Text Block]

The changes in accumulated other comprehensive income, net of taxes,for the three and six months ended June 30, 2013and 2012are as follows (dollars in thousands):

	Unrealized		Unrealized Holding Gains
	Holding Gains on Available-		on Investment Securities Transferred		Unrealized Holding		Total Accumulated
	For-Sale Investment Securities		from Available-For-Sale to Held-to-Maturity		Losses on Cash Flow Hedging Activities		Other Comprehensive Income
Balance at March 31, 2013	$	7,104	$	2,793	$	(5,444)	$	4,453
Other comprehensive income (loss) before reclassifications		(5,394)		-		2,279		(3,115)
Amounts reclassified from accumulated other comprehensive income		(108)		(91)		1,434		1,235
Amounts transferred as a result of the reclassification of securities from available-for-sale to held-to-maturity		(1,219)		1,219		-		-
Net current period other comprehensive income (loss)		(6,721)		1,128		3,713		(1,880)
Balance at June 30, 2013	$	383	$	3,921	$	(1,731)	$	2,573
	Unrealized		Unrealized Holding Gains
	Holding Gains on Available-		on Investment Securities Transferred		Unrealized Holding		Total Accumulated
	For-Sale Investment Securities		from Available-For-Sale to Held-to-Maturity		Losses on Cash Flow Hedging Activities		Other Comprehensive Income
Balance at December 31, 2012	$	8,872	$	2,881	$	(6,324)	$	5,429
Other comprehensive income (loss) before reclassifications		(7,302)		-		1,804		(5,498)
Amounts reclassified from accumulated other comprehensive income		32		(179)		2,789		2,642
Amounts transferred as a result of the reclassification of securities from available-for-sale to held-to-maturity		(1,219)		1,219		-		-
Net current period other comprehensive income (loss)		(8,489)		1,040		4,593		(2,856)
Balance at June 30, 2013	$	383	$	3,921	$	(1,731)	$	2,573
	Unrealized		Unrealized Holding Gains
	Holding Gains on Available-		on Investment Securities Transferred		Unrealized Holding		Total Accumulated
	For-Sale Investment Securities		from Available-For-Sale to Held-to-Maturity		Losses on Cash Flow Hedging Activities		Other Comprehensive Income
Balance at March 31, 2012	$	8,222	$	3,129	$	(9,790)	$	1,561
Other comprehensive income (loss) before reclassifications		1,255		-		(135)		1,120
Amounts reclassified from accumulated other comprehensive income		-		(83)		1,152		1,069
Net current period other comprehensive income (loss)		1,255		(83)		1,017		2,189
Balance at June 30, 2012	$	9,477	$	3,046	$	(8,773)	$	3,750
	Unrealized		Unrealized Holding Gains
	Holding Gains on Available-		on Investment Securities Transferred		Unrealized Holding		Total Accumulated
	For-Sale Investment Securities		from Available-For-Sale to Held-to-Maturity		Losses on Cash Flow Hedging Activities		Other Comprehensive Income
Balance at December 31, 2011	$	8,637	$	3,211	$	(10,838)	$	1,010
Other comprehensive income (loss) before reclassifications		1,835		-		(266)		1,569
Amounts reclassified from accumulated other comprehensive income		(995)		(165)		2,331		1,171
Net current period other comprehensive income (loss)		840		(165)		2,065		2,740
Balance at June 30, 2012	$	9,477	$	3,046	$	(8,773)	$	3,750

The following table details reclassification adjustments from accumulated other comprehensive income during the three and six months endedJune 30, 2013 (dollars in thousands):

	Amount Reclassified
	from Accumulated
	Other Comprehensive Income
Details about Accumulated Other Comprehensive Income Components	Three Months Ended June 30, 2013		Affected Line Item in the Consolidated Statement of Income
Unrealized holding gains – investment securities available-for-sale	$	176	Gain (loss) on sale of investment securities, net
		(68)	Income tax benefit (expense)
		108	Total, net of tax
Unrealized holding gains – investment securities transferred from available-for-sale to held-to-maturity (1)		148	Interest income - investment securities
		(57)	Income tax benefit (expense)
		91	Total, net of tax
Unrealized holding losses – cash flow hedge instruments		(2,333)	Interest expense - demand deposits
		899	Income tax benefit (expense)
		(1,434)	Total, net of tax
Total reclassifications for the period	$	(1,235)	Total, net of tax
	Amount Reclassified
	from Accumulated
	Other Comprehensive Income
Details about Accumulated Other Comprehensive Income Components	Six Months Ended June 30, 2013		Affected Line Item in the Consolidated Statement of Income
Unrealized holding gains – investment securities available-for-sale	$	(52)	Gain (loss) on sale of investment securities, net
		20	Income tax benefit (expense)
		(32)	Total, net of tax
Unrealized holding gains – investment securities transferred from available-for-sale to held-to-maturity (1)		291	Interest income - investment securities
		(112)	Income tax benefit (expense)
		179	Total, net of tax
Unrealized holding losses – cash flow hedge instruments		(4,538)	Interest expense - demand deposits
		1,749	Income tax benefit (expense)
		(2,789)	Total, net of tax
Total reclassifications for the period	$	(2,642)	Total, net of tax
(1) The amortization of the unrealized holding gains in accumulated other comprehensive income at the date of transfer partially offsets the amortization of the difference between the par value and fair value of the investment securities at the date of transfer. Both components are amortized as an adjustment of yield.