Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2014

Other Comprehensive Income (Loss) [Abstract]

Other Comprehensive Income (Loss)

(7) Other Comprehensive Income (Loss)

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

	For the three months ended 6/30/2014
	Balance at 3/31/2014			Other Comprehensive Income (Loss)- Before Reclassifications			Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (Loss)- Three months ended 6/30/2014			Balance at 6/30/2014
Net unrealized holding gain (loss) on securities available for sale, net of tax		(13,655	)		6,912			-			6,912			(6,743	)
Net change in net actuarial loss (gain) and prior service credit on pension and postretirement benefit plans, net of tax		4,203			-			(71	)		(71	)		4,132
Accumulated other comprehensive income (loss), net of tax		(9,452	)		6,912			(71	)		6,841			(2,611	)
	For the three months ended 6/30/2013
	Balance at 3/31/2013			Other Comprehensive Income (Loss)- Before Reclassifications			Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (Loss)- Three months ended 6/30/2013			Balance at 6/30/2013
Net unrealized holding gain (loss) on securities available for sale, net of tax	$	1,987			(15,824	)		(859	)		(16,683	)		(14,696	)
Net change in net actuarial loss (gain) and prior service credit on pension and postretirement benefit plans, net of tax		(2,156	)		-			21			21			(2,135	)
Accumulated other comprehensive income (loss), net of tax	$	(169	)		(15,824	)		(838	)		(16,662	)		(16,831	)
	For the six months ended 6/30/2014
	Balance at 12/31/2013			Other Comprehensive Income (Loss)- Before Reclassifications			Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (Loss)- Six months ended 6/30/2014			Balance at 6/30/2014
Net unrealized holding gain (loss) on securities available for sale, net of tax		(18,078	)		11,339			(4	)		11,335			(6,743	)
Net change in net actuarial loss (gain) and prior service credit on pension and postretirement benefit plans, net of tax		4,275			-			(143	)		(143	)		4,132
Accumulated other comprehensive income (loss), net of tax		(13,803	)		11,339			(147	)		11,192			(2,611	)
	For the six months ended 6/30/2013
	Balance at 12/31/2012			Other Comprehensive Income (Loss)- Before Reclassifications			Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (Loss)- Six months ended 6/30/2013			Balance at 6/30/2013
Net unrealized holding gain (loss) on securities available for sale, net of tax	$	3,755			(17,591	)		(860	)		(18,451	)		(14,696	)
Net change in net actuarial loss (gain) and prior service credit on pension and postretirement benefit plans, net of tax		(2,197	)		-			62			62			(2,135	)
Accumulated other comprehensive income (loss), net of tax	$	1,558			(17,591	)		(798	)		(18,389	)		(16,831	)

The following represents the reclassifications out of accumulated other comprehensive income (loss) for the three months and six months ended June 30, 2014 and 2013:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(dollars in thousands)	2014			2013			2014			2013
Unrealized gains (losses) on securities available for sale
Realized gain on securities transactions		-			1,432			6			1,434
Income tax expense		-			(573	)		(2	)		(574	)
Net of tax		-			859			4			860
Amortization of pension and postretirement benefit items
Amortization of net actuarial gain (loss)		74			(101	)		146			(233	)
Amortization of prior service credit		45			65			90			131
Income tax (expense) benefit		(48	)		15			(93	)		40
Net of tax		71			(21	)		143			(62	)
Total reclassifications, net of tax		71			838			147			798