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Accumulated Other Comprehensive Income
3 Months Ended
Mar. 31, 2013
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income

The table below shows the activity and accumulated balances for components of other comprehensive income. The largest component is the unrealized holding gains and losses on available for sale securities. Unrealized gains and losses on debt securities for which an other-than-temporary impairment (OTTI) has been recorded in current earnings are shown separately below. The other component is the amortization from other comprehensive income of losses associated with pension benefits, which occurs as the losses are included in current net periodic pension cost.
 
Unrealized Gains (Losses) on Securities (1)
Pension Loss (2)
Total Accumulated Other Comprehensive Income
(In thousands)
OTTI
Other
Balance January 1, 2013
$
3,245

$
160,263

$
(27,164
)
$
136,344

Other comprehensive income before reclassifications
1,392

(13,215
)

(11,823
)
Amounts reclassified from accumulated other comprehensive income
442


767

1,209

Current period other comprehensive income (loss), before tax
1,834

(13,215
)
767

(10,614
)
Income tax expense (benefit)
(697
)
5,022

(292
)
4,033

Current period other comprehensive income (loss), net of tax
1,137

(8,193
)
475

(6,581
)
Balance March 31, 2013
$
4,382

$
152,070

$
(26,689
)
$
129,763

Balance January 1, 2012
$
(4,321
)
$
136,137

$
(21,278
)
$
110,538

Other comprehensive income before reclassifications
5,100

6,319


11,419

Amounts reclassified from accumulated other comprehensive income
320

(342
)
730

708

Current period other comprehensive income, before tax
5,420

5,977

730

12,127

Income tax expense
(2,060
)
(2,271
)
(278
)
(4,609
)
Current period other comprehensive income, net of tax
3,360

3,706

452

7,518

Balance March 31, 2012
$
(961
)
$
139,843

$
(20,826
)
$
118,056


(1) The pre-tax amounts reclassified from accumulated other comprehensive income are included in "investment securities gains (losses), net" in the consolidated statements of income.
(2) The pre-tax amounts reclassified from accumulated other comprehensive income are included in the computation of net periodic pension cost as "amortization of unrecognized net loss" (see Note 6).