Reserve for Severance

6 Months Ended

Jun. 30, 2013

Severance Reserve

Changes in the Company’s reserve for severance as of June 30, 2013 and 2012 were as follows:



	(Dollars in thousands)
	Six Months Ended June 30,
	2013			2012
Balance at beginning of period	$	4,417		$	1,282
Charged to earnings	2			6,770
Payments	(1,680		)	(1,672		)
Balance at end of period	$	2,739		$	6,380

Accrued severance charges are included in the following line items of the Condensed Consolidated Balance Sheets:



	(Dollars in thousands)
	June 30,		December 31,
	2013		2012
Accrued expenses and other liabilities	$	2,387	$	3,467
Other liabilities	352		950
Total accrued severance	$	2,739	$	4,417