Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2013

Equity [Abstract]

Accumulated Other Comprehensive Income

19 Accumulated Other Comprehensive Income

Comprehensive income consists of net income and other comprehensive income. Other comprehensive income includes unrealized gains and losses on securities available for sale and accrued benefit liability adjustments which are also recognized as separate components of equity. Activity in accumulated other comprehensive income (loss), net of tax, was as follows:

	Securities Available For Sale			Defined Benefit Plans			Accumulated Other Comprehensive Income
	(In thousands)
Balance at January 1, 2013	$	624		$	(1,473	)	$	(849	)
Other comprehensive loss before reclassification		(6,684	)		(20	)		(6,703	)
Amounts reclassified from accumulated other comprehensive income		732			450			1,181
Net other comprehensive (loss) income during period		(5,952	)		430			(5,522	)
Balance at December 31, 2013	$	(5,328	)	$	(1,043	)	$	(6,371	)
Balance at January 1, 2012	$	2,924		$	(1,198	)	$	1,726
Other comprehensive (loss) income before reclassification		(2,612	)		(539	)		(3,150	)
Amounts reclassified from accumulated other comprehensive income		312			264			575
Net other comprehensive (loss) income during period		(2,300	)		(275	)		(2,575	)
Balance at December 31, 2012	$	624		$	(1,473	)	$	(849	)
Balance at January 1, 2011	$	1,828		$	(901	)	$	927
Other comprehensive (loss) income before reclassification		892			(491	)		400
Amounts reclassified from accumulated other comprehensive income		204			194			398
Net other comprehensive (loss) income during period		1,096			(297	)		799
Balance at December 31, 2011	$	2,924		$	(1,198	)	$	1,726

The following table represents the reclassification out of accumulated other comprehensive income for the years indicated:

	Year Ended December 31,
	2013			2012			2011
	(In thousands)
Unrealized gains (losses) on securities available for sale:
Realized gains (losses) on securities transactions		—			—		$	21
Other-than-temporary impairment charges	$	(1,240	)	$	(528	)		(368	)
Income tax expense		508			216			143
Net of tax		(732	)		(312	)		(204	)
Amortization of pension and post-retirement benefit items:
Amortization of net actuarial loss		(966	)		(671	)		(966	)
Amortization of prior service cost		216			233			216
Income tax expense		301			174			130
Net of tax		(449	)		(264	)		(620	)
Total reclassifications, net of tax	$	(1,180	)	$	(575	)	$	(825	)

The income statement line items impacted by the reclassification of unrealized gains (losses) on securities available for sale are net impairment loss recognized in earnings and income tax expense. The income statement line items impacted by the reclassification of amortization of pension and post-retirement benefit items are salaries and employee benefits and income tax expense.