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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Related Tax Effects Allocated to Other Comprehensive Income and Accumulated Other Comprehensive Income (Loss)
The related tax effects allocated to other comprehensive income and reclassifications out of accumulated other comprehensive income (loss) are as follows:
 
June 30, 2013
 
Total other comprehensive income
 
Total accumulated
other comprehensive income
(Dollars in thousands)
Prior to
Reclassification
 
Reclassification
from
 
Pre-tax
 
Tax-effect
 
Net of tax
 
Beginning Balance
 
Net Activity
 
Ending Balance
Unrealized gain (loss) on investment securities
$
(28,256
)
 
$
1,724

 
$
(29,980
)
 
$
11,413

 
$
(18,567
)
 
$
12,802

 
$
(18,567
)
 
$
(5,765
)
Unrealized gain (loss) on derivatives
1,177

 
(134
)
 
1,311

 
(495
)
 
816

 
(143
)
 
816

 
673

Retirement obligation
11,719

 
(5,650
)
 
17,369

 
(6,559
)
 
10,810

 
(31,338
)
 
10,810

 
(20,528
)
Foreign currency translation
(27
)
 
0

 
(27
)
 
0

 
(27
)
 
2

 
(27
)
 
(25
)
Total
$
(15,387
)
 
$
(4,060
)
 
$
(11,327
)
 
$
4,359

 
$
(6,968
)
 
$
(18,677
)
 
$
(6,968
)
 
$
(25,645
)

 
 
June 30, 2012
 
 
Total other comprehensive income
 
Total accumulated
other comprehensive income
(Dollars in thousands)
 
Pre-tax
 
Tax-effect
 
Net of tax
 
Beginning Balance
 
Net Activity
 
Ending Balance
Unrealized gain (loss) on investment securities
 
$
4,171

 
$
(1,575
)
 
$
2,596

 
$
12,669

 
$
2,596

 
$
15,265

Retirement obligation
 
1,140

 
(430
)
 
710

 
(34,136
)
 
710

 
(33,426
)
Foreign currency translation
 
12

 
0

 
12

 
(23
)
 
12

 
(11
)
Total
 
$
5,323

 
$
(2,005
)
 
$
3,318

 
$
(21,490
)
 
$
3,318

 
$
(18,172
)
Other Accumulated Comprehensive income reclassified from AOCI [Table Text Block]
The following table details the activity reclassified from accumulated other comprehensive income into income during the period:
 
 
June 30, 2013
(Dollars in thousands)
 
Amount Reclassified from Accumulated Other Comprehensive Income (1)
 
Affected Line Item in the Consolidated Statements of Income
Gains and loss on cash flow hedges
 
 
 
 
Interest rate contracts
 
$
(134
)
 
Interest expense - deposits
 
 
 
 
 
Realized gains and losses on securities available-for-sale
 
1,724

 
Gains on sales of investments securities
 
 
 
 
 
Defined benefit pension plan
 
 
 
 
Amortization of prior service cost
 
212

 
(2) 
Recognized net actuarial loss
 
(1,546
)
 
(2) 
Pension settlement charges
 
(4,316
)
 
Pension settlement charges
Amortization and settlement charges of defined benefit pension items
 
(5,650
)
 
 
 
 
 
 
 
Total reclassifications for the period, before tax
 
$
(4,060
)
 
 

(1) Negative amount are debits to profit/loss.
(2) Included in the computation of net periodic pension cost (see employee benefit footnote for additional details).