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Accumulated Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Schedule of Gross Accumulated Other Comprehensive Income (Loss) and Related Income Tax Effects
The following is a summary of the gross amounts of accumulated other comprehensive income (loss) and the related income tax effects:

(Dollars in thousands)
 
Gross
 
Tax
 
Net
June 30, 2013:
 
 
 
 
 
 
Net unrealized loss on securities available for sale
 
$
(1,997
)
 
$
(745
)
 
$
(1,252
)
Net unrealized loss on other-than-temporarily impaired securities available for sale
 
—

 
—

 
—

Net unrealized loss on cash flow hedge
 
(1,565
)
 
(584
)
 
(981
)
Net unamortized pension costs
 
(1,182
)
 
(441
)
 
(741
)
 
 
$
(4,744
)
 
$
(1,770
)
 
$
(2,974
)
December 31, 2012:
 
 

 
 

 
 

Net unrealized gain on securities available for sale
 
$
9,451

 
$
3,525

 
$
5,926

Net unrealized loss on other-than-temporarily impaired securities available for sale
 
(2,162
)
 
(806
)
 
(1,356
)
Net unrealized loss on cash flow hedge
 
(2,484
)
 
(927
)
 
(1,557
)
Net unamortized pension costs
 
(2,364
)
 
(882
)
 
(1,482
)
 
 
$
2,441

 
$
910

 
$
1,531

June 30, 2012:
 
 

 
 

 
 

Net unrealized gain on securities available for sale
 
$
8,528

 
$
3,181

 
$
5,347

Net unrealized loss on other-than-temporarily impaired securities available for sale
 
(2,282
)
 
(851
)
 
(1,431
)
Net unrealized loss on cash flow hedge
 
(2,349
)
 
(876
)
 
(1,473
)
Net unamortized pension costs
 
(3,204
)
 
(1,195
)
 
(2,009
)
 
 
$
693

 
$
259

 
$
434
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in the gross amounts for each component of other comprehensive income (loss) for the quarters ended June 30, 2013 and 2012:
(Dollars in thousands)
 
Available-for-Sale Securities Without Other-Than-Temporary Impairments
 
Available-for-Sale Securities With Other-Than-Temporary Impairments
 
Cash Flow Hedge
 
Defined Benefit Pension Plan
Balance, 03/31/13
 
$
8,524

 
$
(2,152
)
 
$
(2,396
)
 
$
(1,773
)
Unrealized gains/losses arising during the period
 
(9,143
)
 
114

 
660

 
—

Reclassifications from accumulated other comprehensive income
 
(1,378
)
 
2,038

 
171

 
591

Net other comprehensive income
 
$
(10,521
)
 
$
2,152

 
$
831

 
$
591

Balance, 06/30/13
 
$
(1,997
)
 
$
—

 
$
(1,565
)
 
$
(1,182
)
 
 
 
 
 
 
 
 
 
Balance, 03/31/12
 
$
7,036

 
$
(2,265
)
 
$
(1,728
)
 
$
(3,738
)
Unrealized gains/losses arising during the period
 
1,493

 
(21
)
 
(772
)
 
—

Reclassifications from accumulated other comprehensive income
 
(1
)
 
4

 
151

 
534

Net other comprehensive income
 
$
1,492

 
$
(17
)
 
$
(621
)
 
$
534

Balance, 06/30/12
 
$
8,528

 
$
(2,282
)
 
$
(2,349
)
 
$
(3,204
)
The following table summarizes the changes in the gross amounts for each component of other comprehensive income (loss) for the six months ended June 30, 2013 and 2012:

(Dollars in thousands)
 
Available-for-Sale Securities Without Other-Than-Temporary Impairments
 
Available-for-Sale Securities With Other-Than-Temporary Impairments
 
Cash Flow Hedge
 
Defined Benefit Pension Plan
Balance, 12/31/12
 
$
9,451

 
$
(2,162
)
 
$
(2,484
)
 
$
(2,364
)
Unrealized gains/losses arising during the period
 
(10,054
)
 
124

 
591

 
—

Reclassifications from accumulated other comprehensive income
 
(1,394
)
 
2,038

 
328

 
1,182

Net other comprehensive income
 
$
(11,448
)
 
$
2,162

 
$
919

 
$
1,182

Balance, 06/30/13
 
$
(1,997
)
 
$
—

 
$
(1,565
)
 
$
(1,182
)
 
 
 
 
 
 
 
 
 
Balance, 12/31/11
 
$
7,202

 
$
(2,318
)
 
$
(1,834
)
 
$
(4,272
)
Unrealized gains/losses arising during the period
 
1,918

 
32

 
(812
)
 
—

Reclassifications from accumulated other comprehensive income
 
(592
)
 
4

 
297

 
1,068

Net other comprehensive income
 
$
1,326

 
$
36

 
$
(515
)
 
$
1,068

Balance, 06/30/12
 
$
8,528

 
$
(2,282
)
 
$
(2,349
)
 
$
(3,204
)
Reclassification out of Accumulated Other Comprehensive Income
The following table summarizes information concerning individual items reclassified out of each component of accumulated other comprehensive income (loss) for the six months ended June 30, 2013 and 2012:

(Dollars in thousands)
 
Amount Reclassified from Accumulated Other Comprehensive Income for the Six Months Ended (a)
 
 
Accumulated Other Comprehensive Income Components
 
June 30, 2013
 
June 30, 2012
 
Affected Line Item in the Statement of Operations
Securities available for sale:
 
 
 
 
 
 
Gains realized on sales of securities
 
$
1,394

 
$
592

 
Securities gains, net
 
 
(520
)
 
(220
)
 
Income tax expense
 
 
$
874

 
$
372

 
Net of tax
 
 
 
 
 
 
 
Other than temporarily impaired securities available for sale:
 
 
 
 
 
 
Other than temporary impairment recognized on securities
 
$
(2,038
)
 
$
(4
)
 
Net investment impairment losses recognized
 
 
760

 
1

 
Income tax benefit
 
 
$
(1,278
)
 
$
(3
)
 
Net of tax
Cash flow hedge:
 
 
 
 
 
 
Reclassification of interest rate swap settlement
 
$
(328
)
 
$
(297
)
 
Interest expense on junior subordinated debt
 
 
122

 
111

 
Income tax benefit
 
 
$
(206
)
 
$
(186
)
 
Net of tax
 
 
 
 
 
 
 
Defined benefit pension plan:
 
 
 
 
 
 
Amortization of actuarial loss
 
$
(1,182
)
 
$
(1,068
)
 
(b)
 
 
441

 
398

 
Income tax benefit
 
 
$
(741
)
 
$
(670
)
 
Net of tax
(a) Positive amounts are credits/revenues and negative amounts are debits/expenses.

(b) This component is included in the computation of net periodic pension expense (see Note 8: Pension and Other Employee Benefit Plans) which is included in salaries and employee benefits expense.
The following table summarizes information concerning individual items reclassified out of each component of accumulated other comprehensive income (loss) for the quarters ended June 30, 2013 and 2012:

(Dollars in thousands)
 
Amount Reclassified from Accumulated Other Comprehensive Income for the Quarter Ended (a)
 
 
Accumulated Other Comprehensive Income Components
 
June 30, 2013
 
June 30, 2012
 
Affected Line Item in the Statement of Operations
Securities available for sale:
 
 
 
 
 
 
Gains realized on sales of securities
 
$
1,378

 
$
1

 
Securities gains, net
 
 
(514
)
 
—

 
Income tax expense
 
 
$
864

 
$
1

 
Net of tax
 
 
 
 
 
 
 
Other than temporarily impaired securities available for sale:
 
 
 
 
 
 
Other than temporary impairment recognized on securities
 
$
(2,038
)
 
$
(4
)
 
Net investment impairment losses recognized
 
 
760

 
1

 
Income tax benefit
 
 
$
(1,278
)
 
$
(3
)
 
Net of tax
Cash flow hedge:
 
 
 
 
 
 
Reclassification of interest rate swap settlement
 
$
(171
)
 
$
(151
)
 
Interest expense on junior subordinated debt
 
 
63

 
57

 
Income tax benefit
 
 
$
(108
)
 
$
(94
)
 
Net of tax
 
 
 
 
 
 
 
Defined benefit pension plan:
 
 
 
 
 
 
Amortization of actuarial loss
 
$
(591
)
 
$
(534
)
 
(b)
 
 
221

 
199

 
Income tax benefit
 
 
$
(370
)
 
$
(335
)
 
Net of tax
(a) Positive amounts are credits/revenues and negative amounts are debits/expenses.

(b) This component is included in the computation of net periodic pension expense (see Note 8, Pension and Other Employee Benefit Plans) which is included in salaries and employee benefits expense.