Accumulated Other Comprehensive (Loss) Income (Tables)

12 Months Ended

Dec. 31, 2014

Accumulated Other Comprehensive (Loss) Income [Abstract]

Accumulated other comprehensive income (loss), net of tax

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

(dollars in thousands)	Year ended 12/31/14
	Balance at 12/31/2013			Other Comprehensive Income (loss)- Before Reclassifications			Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (loss)- Year ended 12/31/14			Balance at 12/31/2014
Net unrealized holding gain (loss) on securities available for sale, net of tax	$	(18,078	)		14,815			(430	)		14,385			(3,693	)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax		3,843			(5,031	)		-			(5,031	)		(1,188	)
Net change in net actuarial loss and prior service credit on pension and postretirement benefit plans, net of tax		432			-			(60	)		(60	)		372
Accumulated other comprehensive income (loss), net of tax		(13,803	)		9,784			(490	)		9,294			(4,509	)

(dollars in thousands)	Year ended 12/31/13
	Balance at 12/31/2012			Other Comprehensive Income (loss)- Before Reclassifications			Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (loss)- Year ended 12/31/13			Balance at 12/31/2013
Net unrealized holding gain (loss) on securities available for sale, net of tax	$	3,755			(20,860	)		(973	)		(21,833	)		(18,078	)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax		(2,506	)		6,349			-			6,349			3,843
Net change in net actuarial loss and prior service credit on pension and postretirement benefit plans, net of tax		309			-			123			123			432
Accumulated other comprehensive income (loss), net of tax		1,558			(14,511	)		(850	)		(15,361	)		(13,803	)

(dollars in thousands)	Year ended 12/31/12
	Balance at 12/31/2011			Other Comprehensive Income (loss)- Before Reclassifications			Amount reclassified from Accumulated Other Comprehensive Income			Other Comprehensive Income (loss)- Year ended 12/31/12			Balance at 12/31/2012
Net unrealized holding gain (loss) on securities available for sale, net of tax	$	(1,018	)		6,070			(1,297	)		4,773			3,755
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax		(1,758	)		(748	)		-			(748	)		(2,506	)
Net change in net actuarial loss and prior service credit on pension and postretirement benefit plans, net of tax		283			-			26			26			309
Accumulated other comprehensive income (loss), net of tax	$	(2,493	)		5,322			(1,271	)		4,051			1,558

Reclassifications out of accumulated other comprehensive income

The following represents the reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2014, 2013 and 2012:

(dollars in thousands)	Year Ended December 31,
	2014			2013			2012
Unrealized gains (losses) on securities available for sale:
Realized gain on securities transactions	$	717			1,622			2,161
Income tax expense		(287	)		(649	)		(864	)
Net of tax		430			973			1,297
Amortization of pension and postretirement benefit items:
Amortization of net actuarial loss		297			(467	)		(306	)
Amortization of prior service credit		(199	)		262			262
Income tax benefit		(38	)		82			18
Net of tax		60			(123	)		(26	)
Total reclassifications, net of tax	$	490			850			1,271