Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2013

Equity [Abstract]

Accumulated Other Comprehensive Income

21. Accumulated Other Comprehensive Income

The components of accumulated other comprehensive income and changes in those components are presented in the following table (in thousands):

	Cash Flow Hedge			Transfers of Available for Sale Securities to Held to Maturity			Available for Sale Securities			Total
Balance at January 1, 2013	$	(4,455	)	$	—		$	1,529		$	(2,926	)
Other comprehensive income before income taxes:
Net change in unrealized gain (loss)		3,694			—			(18,576	)		(14,882	)
Transfer of net unrealized loss from available for sale to held to maturity, net of cumulative tax effect		—			(5,919	)		—			(5,919	)
Reclassification of net gains realized and included in earnings		—			—			(316	)		(316	)
Amortization of unrealized net loss on securities		—			211			—			211
Income tax expense (benefit)		1,293			(1,998	)		(6,612	)		(7,317	)
Balance at December 31, 2013	$	(2,054	)	$	(3,710	)	$	(10,751	)	$	(16,515	)
Balance at January 1, 2012	$	—		$	—		$	1,795		$	1,795
Other comprehensive income before income taxes:
Net change in unrealized (loss) gain		(6,854	)		—			3,956			(2,898	)
Reclassification of net gains realized and included in earnings		—			—			(4,324	)		(4,324	)
Income tax (benefit)		(2,399	)		—			(102	)		(2,501	)
Balance at December 31, 2012	$	(4,455	)	$	—		$	1,529		$	(2,926	)
Balance at January 1, 2011	$	—		$	—		$	(1,062	)	$	(1,062	)
Other comprehensive income before income taxes:
Net change in unrealized gain		—			—			4,814			4,814
Reclassification of net gains realized and included in earnings		—			—			(485	)		(485	)
Income tax expense		—			—			1,472			1,472
Balance at December 31, 2011	$	—		$	—		$	1,795		$	1,795