Changes in Accumulated Other Comprehensive Income Balances

3 Months Ended

Jun. 30, 2014

Disclosure Text Block [Abstract]

Changes In Accumulated Other Comprehensive Income Balances

Note 9 – Changes in Accumulated Other Comprehensive Income Balances

The following table provides the changes in accumulated other comprehensive income by component, net of tax, for the three and six months ended June 30, 2014:
(Dollars in thousands, unless otherwise noted)		Unrealized Gain/(Loss) On Securities Available-For-Sale		Pension and Post Retirement Plans		Total
Balance as of April 1, 2014		$	(1,762)	$	(138,357)	$	(140,119)
	Other comprehensive income before reclassifications, Net of tax expense of $10.9 million for unrealized gain/(loss) on securities available-for-sale		17,358		-		17,358
	Amounts reclassified from accumulated other comprehensive income, Net of tax expense of $.4 million for pension and post retirement plans		-		650		650
Net current period other comprehensive income, Net of tax expense of $10.9 million and $.4 million for unrealized gain/(loss) on securities available-for-sale and pension and post retirement plans, respectively			17,358		650		18,008
Balance as of June 30, 2014		$	15,596	$	(137,707)	$	(122,111)
Balance as of January 1, 2014		$	(11,241)	$	(138,768)	$	(150,009)
	Other comprehensive income before reclassifications, Net of tax expense of $16.8 million for unrealized gain/(loss) on securities available-for-sale		26,837		-		26,837
	Amounts reclassified from accumulated other comprehensive income, Net of tax expense of $.7 million for pension and post retirement plans		-		1,061		1,061
Net current period other comprehensive income, Net of tax expense of $16.8 million and $.7 million for unrealized gain/(loss) on securities available-for-sale and pension and post retirement plans, respectively			26,837		1,061		27,898
Balance as of June 30, 2014		$	15,596	$	(137,707)	$	(122,111)

The following table provides the changes in accumulated other comprehensive income by component, net of tax, for the three and six months ended June 30, 2013:
(Dollars in thousands, unless otherwise noted)		Unrealized Gain/(Loss) On Securities Available-For-Sale		Pension and Post Retirement Plans		Total
Balance as of April 1, 2013		$	48,591	$	(200,230)	$	(151,639)
	Other comprehensive income before reclassifications, Net of tax benefit of $24.5 million and tax expense of $.2 million for unrealized gain/(loss) on securities available-for-sale and pension and post retirement plans, respectively		(39,152)		352		(38,800)
	Amounts reclassified from accumulated other comprehensive income, Net of tax expense of $1.1 million for pension and post retirement plans		-		1,774		1,774
Net current period other comprehensive income, Net of tax benefit of $24.5 million and tax expense of $1.3 million for unrealized gain/(loss) on securities available-for-sale and pension and post retirement plans, respectively			(39,152)		2,126		(37,026)
Balance as of June 30, 2013		$	9,439	$	(198,104)	$	(188,665)
Balance as of January 1, 2013		$	55,250	$	(201,593)	$	(146,343)
	Other comprehensive income before reclassifications, Net of tax benefit of $28.7 million and tax expense of $.1 million for unrealized gain/(loss) on securities available-for-sale and pension and post retirement plans, respectively		(45,811)		169		(45,642)
	Amounts reclassified from accumulated other comprehensive income, Net of tax expense of $2.1 million for pension and post retirement plans		-		3,320		3,320
Net current period other comprehensive income, Net of tax benefit of $28.7 million and tax expense of $2.2 million for unrealized gain/(loss) on securities available-for-sale and pension and post retirement plans, respectively			(45,811)		3,489		(42,322)
Balance as of June 30, 2013		$	9,439	$	(198,104)	$	(188,665)