Earnings per share and shareholders' equity (Tables)

6 Months Ended

Jun. 30, 2013

Earnings per share and shareholders' equity

Schedule of earnings per share

	Three months ended June 30				Six months ended June 30
	2013		2012		2013		2012
	Basic and diluted		Basic and diluted		Basic and diluted		Basic and diluted
Distributed earnings	$	0.31	$	0.31	$	0.62	$	0.62
Undistributed earnings (loss)	0.10		0.09		0.13		0.18
	$	0.41	$	0.40	$	0.75	$	0.80

Schedule of reclassifications out of accumulated other comprehensive income/(loss)

	Amount reclassified from AOCI
	Three months ended June 30						Six months ended June 30
(in thousands)	2013			2012			2013			2012			Affected line item in the Statement of Income
Net realized gains on securities	$	(738	)	$	(81	)	$	(738	)	$	(81	)	Revenues-bank (net gains on sales of securities)
Derivatives qualified as cash flow hedges
Interest rate contracts (settled in 2011)	59			59			118			118			Interest expense
Retirement benefit plan items
Amortization of transition obligation, prior service credit and net losses recognized during the period in net periodic benefit cost	5,680			3,768			11,701			7,641			See Note 5 for additional details
Less: reclassification adjustment for impact of D&Os of the PUC included in regulatory assets	(4,999		)	(3,289		)	(10,312		)	(6,684		)	See Note 5 for additional details
Total reclassifications	$	2		$	457		$	769		$	994