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Comprehensive Income
9 Months Ended
Sep. 30, 2013
Comprehensive Income [Abstract]  
Comprehensive Income

NOTE 10: COMPREHENSIVE INCOME

 

The accumulated balances for each classification of other comprehensive income are as follows: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

Unrealized Gains (Losses) on Securities Available For Sale

Unrealized Gains (Losses) on Securities Transferred From Available For Sale to Held To Maturity

Pension and Postretirement Benefit Plans

Interest Rate Swaps

Accumulated Other Comprehensive Income (Loss)

Balance December 31, 2012

$

6,033 

$

$

(3,130)

$

(688)

$

2,215 

Other comprehensive income before reclassifications

 

(1,285)

 

 

 

48 

 

(1,237)

Reclassification adjustments for (gains) losses reclassified into income

 

 

 

60 

 

 

60 

Net current period other comprehensive (loss) income

 

(1,285)

 

 

60 

 

48 

 

(1,177)

Balance March 31, 2013

$

4,748 

$

$

(3,070)

$

(640)

$

1,038 

Other comprehensive income before reclassifications

 

(6,853)

 

 

 

118 

 

(6,735)

Reclassification adjustments for (gains) losses reclassified into income

 

 

 

56 

 

 

64 

Net current period other comprehensive (loss) income

 

(6,845)

 

 

56 

 

118 

 

(6,671)

Balance June 30, 2013

$

(2,097)

$

$

(3,014)

$

(522)

$

(5,633)

Other comprehensive income before reclassifications

 

(461)

 

 

 

 

(455)

Transfer of securities from available for sale to held to maturity

 

3,159 

 

(3,159)

 

 

 

Accretion of unrealized losses of securities transferred from available for sale to held to maturity recognized in other comprehensive income

 

 

129 

 

 

 

129 

Reclassification adjustments for (gains) losses reclassified into income

 

 

 

57 

 

 

57 

Net current period other comprehensive (loss) income

 

2,698 

 

(3,030)

 

57 

 

 

(269)

Balance September 30, 2013

$

601 

$

(3,030)

$

(2,957)

$

(516)

$

(5,902)

 

All amounts in the table above are net of tax. Amounts in parentheses indicate debits.

 

 

Details of the reclassification adjustments in the above table for the three and nine months ended September 30, 2013 are presented below:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months

Nine Months

 

Details about Accumulated Other Comprehensive Income Components

(In thousands)

Amount Reclassified from Accumulated Other Comprehensive Income

Amount Reclassified from Accumulated Other Comprehensive Income

Affected Line Item in the Statement Where Net Income is Presented

Unrealized (gains) losses securities

 

 

 

 

 

 

$

$

12 

Net losses (gains) on investment securities

 

 

 

12 

Total before tax

 

 

(1)

 

(4)

Provision for income taxes 

 

$

$

Net of tax

 

 

 

 

 

 

Pension and postretirement benefit plans

 

 

 

 

 

 

 

87 

 

266 

Compensation and benefits

 

 

87 

 

266 

Total before tax

 

 

(30)

 

(93)

Provision for income taxes 

 

$

57 

$

173 

Net of tax

 

 

 

 

 

 

Total reclassification adjustments

$

57 

$

181