Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2015

Shareholders' Equity

Schedule of components of AOCI

(in thousands)	September 30, 2015			December 31, 2014
Net unrealized gain (loss) on securities available-for-sale	$	2,528		$	(7,070	)
Foreign currency translation adjustments	(28		)	(4		)
Total accumulated other comprehensive income (loss)	$	2,500		$	(7,074	)

Schedule of components of total comprehensive income (loss)

	For the three months ended September 30, 2015									For the three months ended September 30, 2014
(in thousands)	Pre-tax			Tax expense (benefit)			Net-of-tax			Pre-tax			Tax expense (benefit)			Net-of-tax
Securities available-for-sale:
Net unrealized gains (losses) arising during the period	$	7,741		$	3,268		$	4,473		$	(16,386	)	$	(6,839	)	$	(9,547	)
Reclassification adjustment for net gains included in net income (1)	(12		)	(5		)	(7		)	(7		)	(3		)	(4		)
Non-credit related impairment loss	(325		)	(136		)	(189		)	(243		)	(102		)	(141		)
Total securities available-for-sale	7,404			3,127			4,277			(16,636		)	(6,944		)	(9,692		)
Foreign currency translation adjustments	(17		)	—			(17		)	—			—			—
Total other comprehensive income (loss)	$	7,387		$	3,127		$	4,260		$	(16,636	)	$	(6,944	)	$	(9,692	)

	For the nine months ended September 30, 2015									For the nine months ended September 30, 2014
(in thousands)	Pre-tax			Tax expense (benefit)			Net-of-tax			Pre-tax			Tax expense (benefit)			Net-of-tax
Securities available-for-sale:
Net unrealized gains arising during the period	$	20,617		$	8,676		$	11,941		$	21,646		$	9,060		$	12,586
Reclassification adjustment for net gains included in net income (1)	(3,703		)	(1,549		)	(2,154		)	(7,558		)	(3,162		)	(4,396		)
Non-credit related impairment loss	(325		)	(136		)	(189		)	(243		)	(102		)	(141		)
Total securities available-for-sale	16,589			6,991			9,598			13,845			5,796			8,049
Foreign currency translation adjustments	(24		)	—			(24		)	—			—			—
Total other comprehensive income	$	16,565		$	6,991		$	9,574		$	13,845		$	5,796		$	8,049

(1) Recognized in Gain on sale of securities in the consolidated statements of income.

Summary of entity's share repurchases activity

Period	Total Number of Shares Purchased	Average Price Paid per Share
July 1, 2015 to July 31, 2015	1,609	$	89.65
August 1, 2015 to August 31, 2015	—	—
September 1, 2015 to September 30, 2015	2,897	86.89
Total share repurchases	4,506	87.87