Reserve for Severance

9 Months Ended

Sep. 30, 2013

Severance Reserve

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



	(Dollars in thousands)
	Nine Months Ended September 30,
	2013			2012
Balance at beginning of period	$	4,417		$	1,282
Charged to earnings	964			8,180
Payments	(2,440		)	(3,938		)
Balance at end of period	$	2,941		$	5,524

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



	(Dollars in thousands)
	September 30,		December 31,
	2013		2012
Accrued expenses and other liabilities	$	2,762	$	3,467
Other liabilities	179		950
Total accrued severance	$	2,941	$	4,417