Other Comprehensive Income

9 Months Ended

Sep. 30, 2013

Other Comprehensive Income [Abstract]

Other Comprehensive Income

(7) Other Comprehensive Income

The following is a summary of the accumulated other comprehensive income (loss) balances, net of tax:

	For the three months ended 9/30/13
	Balance at 6/30/2013			Other Comprehensive Income (loss)- Before Reclassifications		Amount reclassified from Accumulated Other Comprehensive Income		Other Comprehensive Income (loss)- Three months ended 9/30/13		Balance at 9/30/2013
Net unrealized holding gain (loss) on securities available for sale, net of tax		(14,696	)		878		-		878		(13,818	)
Net change in net actuarial loss and prior service credit on pension and postretirement benefit plans, net of tax		(2,135	)		-		30		30		(2,105	)
Accumulated other comprehensive income (loss), net of tax		(16,831	)		878		30		908		(15,923	)

	For the three months ended 9/30/12
	Balance at 6/30/2012			Other Comprehensive Income (loss)- Before Reclassifications		Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (loss)- Three months ended 9/30/12		Balance at 9/30/2012
Net unrealized holding gain (loss) on securities available for sale, net of tax	$	3,022			3,675		(400	)		3,275		6,297
Net change in net actuarial loss and prior service credit on pension and postretirement benefit plans, net of tax		(1,437	)		-		19			19		(1,418	)
Accumulated other comprehensive income (loss), net of tax	$	1,585			3,675		(381	)		3,294		4,879

	For the nine months ended 9/30/13
	Balance at 12/31/2012			Other Comprehensive Income (loss)- Before Reclassifications			Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (loss)- Nine months ended 9/30/13			Balance at 9/30/2013
Net unrealized holding gain (loss) on securities available for sale, net of tax		3,755			(16,713	)		(860	)		(17,573	)		(13,818	)
Net change in net actuarial loss and prior service credit on pension and postretirement benefit plans, net of tax		(2,197	)		-			92			92			(2,105	)
Accumulated other comprehensive income (loss), net of tax		1,558			(16,713	)		(768	)		(17,481	)		(15,923	)

	For the nine months ended 9/30/12
	Balance at 12/31/2011			Other Comprehensive Income (loss)- Before Reclassifications		Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (loss)- Nine months ended 9/30/12		Balance at 9/30/2012
Net unrealized holding gain (loss) on securities available for sale, net of tax	$	(1,018	)		8,154		(839	)		7,315		6,297
Net change in net actuarial loss and prior service credit on pension and postretirement benefit plans, net of tax		(1,475	)		-		57			57		(1,418	)
Accumulated other comprehensive income (loss), net of tax	$	(2,493	)		8,154		(782	)		7,372		4,879

The following represents the reclassifications out of accumulated other comprehensive income (loss) for the three months and nine months ended September 30, 2013 and 2012:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2013			2012			2013			2012
Unrealized gains (losses) on securities available for sale
Realized gain on securities transactions		-			666			1,434			1,398
Income tax expense		-			(266	)		(574	)		(559	)
Net of tax		-			400			860			839
Amortization of pension and postretirement benefit items
Amortization of net actuarial loss		(117	)		(99	)		(350	)		(293	)
Amortization of prior service credit		66			66			197			197
Income tax benefit		21			14			61			39
Net of tax		(30	)		(19	)		(92	)		(57	)
Total reclassifications, net of tax		(30	)		381			768			782