Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

Components of Accumulated Other Comprehensive Income

The activity in accumulated other comprehensive income for the six months ended June 30, 2013 and 2012 is as follows:

	Accumulated Other Comprehensive Income(1)
(unaudited, in thousands)	Defined Benefit Pension Plan			Unrealized Gains (Losses) on Securities Available-for-Sale			Unrealized Gains on Securities Transferred from Available- for-Sale to Held-to-Maturity			Total
Balance at December 31, 2012	$	(21,401	)	$	13,032		$	2,004		$	(6,365	)
Other comprehensive income before reclassifications		—			(11,526	)		—			(11,526	)
Amounts reclassified from accumulated other comprehensive income		1,050			(82	)		(406	)		562
Period change		1,050			(11,608	)		(406	)		(10,964	)
Balance at June 30, 2013	$	(20,351	)	$	1,424		$	1,598		$	(17,329	)
Balance at December 31, 2011	$	(15,155	)	$	11,292		$	2,961		$	(902	)
Other comprehensive income before reclassifications		—			579			—			579
Amounts reclassified from accumulated other comprehensive income		674			(682	)		(512	)		(520	)
Period change		674			(103	)		(512	)		59
Balance at June 30, 2012	$	(14,481	)	$	11,189		$	2,449		$	(843	)

⁽¹⁾  All amounts are net of tax. Related income tax expense or benefit is calculated using a combined Federal and State income tax rate approximating 37%.

Schedule of Accumulated Other Comprehensive Income Component Details

	Amounts Reclassified from Accumulated Other Comprehensive Income
Details about Accumulated Other Comprehensive Income Components	For the Three Months Ended June 30,						For the Six Months Ended June 30,						Affected Line Item in the Statement of Net Income
(unaudited, in thousands)	2013			2012			2013			2012
Securities available-for-sale (1):
Net securities gains reclassified into earnings	$	(113	)	$	(985	)	$	(129	)	$	(1,085	)	Net securities gains
Related income tax expense		42			366			47			403		Provision for income taxes
Net effect on accumulated other comprehensive income for the period		(71	)		(619	)		(82	)		(682	)	Net of tax
Securities held-to-maturity (1):
Amortization of unrealized gain transferred from available-for-sale		(362	)		(403	)		(650	)		(829	)	Interest and dividends on securities
Related income tax expense		133			149			244			317		Provision for income taxes
Net effect on accumulated other comprehensive income for the period		(229	)		(254	)		(406	)		(512	)	Net of tax
Defined benefit pension plan (2):
Amortization of net loss and prior service costs		909			580			1,743			1,160		Employee benefits
Related income tax expense		(334	)		(215	)		(693	)		(486	)	Provision for income taxes
Net effect on accumulated other comprehensive income for the period		575			365			1,050			674		Net of tax
Total reclassifications for the period	$	275		$	(508	)	$	562		$	(520	)	Net of tax

⁽¹⁾ For additional detail related to unrealized gains on securities and related amounts reclassified from accumulated other comprehensive income see Note 3, “Securities.”

⁽²⁾ Included in the computation of net periodic pension cost. See Note 6, “Pension Plan” for additional detail.