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Comprehensive Income
3 Months Ended
Mar. 31, 2014
Comprehensive Income [Abstract]  
Comprehensive Income

NOTE 10: COMPREHENSIVE INCOME

 

The accumulated balances for each classification of other comprehensive income at March 31, 2014 are as follows: 

 

 

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

(Gains)

 

 

 

 

 

Losses on

 

 

 

 

 

Securities

 

 

 

 

Unrealized 

Transferred

 

 

 

 

(Gains) Losses

From

 

 

Accumulated

 

on Securities

Available-For-

 

 

Other

 

Available-For-

Sale to Held-

Pension 

Interest Rate 

Comprehensive

(In thousands)

Sale

To-Maturity

Plan

Swaps

Income (Loss)

Beginning Balance December 31, 2013

$                (162)

$             (3,296)

$              (1,790)

$                (472)

$                (5,720)

Other comprehensive income before reclassifications

792 

 -

 -

41 
833 

Transfer of securities from available-for-sale to held-to-maturity

(8)

 -

 -

 -

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

 -

113 

 -

 -

113 

Reclassification adjustments for (gains) losses reclassified into income

(82)

 -

21 

 -

(61)

Net current period other comprehensive income

702 
121 
21 
41 
885 

Balance March 31, 2014

$                 540

$             (3,175)

$              (1,769)

$                (431)

$                (4,835)

 

The accumulated balances for each classification of other comprehensive income at March 31, 2013 are as follows:

 

 

 

 

 

 

 

 

Unrealized 

 

 

 

 

(Gains) Losses

 

 

Accumulated

 

on Securities

 

 

Other

 

Available-For-

Pension 

Interest Rate 

Comprehensive

(In thousands)

Sale

Plan

Swaps

Income (Loss)

Beginning 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 income

(1,285)
60 
48 
(1,177)

Balance March 31, 2013

$              4,748

$             (3,070)

$                (640)

$              1,038

 

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

 

 

Details of amounts reclassified from accumulated comprehensive income for the three months ended March 31, 2014 and March 31, 2013 are presented below:

 

 

 

 

 

 

 

 

Details about Accumulated Other

 

 

 

 

Comprehensive Income Components

March 31,

March 31,

Affected Line Item in the Statement

(In thousands)

2014

2013

Where Net Income is Presented

Unrealized gains on securities

$

(126)

$

 -

Net gains on investment securities

 

 

(126)

 

 -

Total before tax

 

 

44 

 

 -

Provision for income taxes

 

$

(82)

$

 -

Net of tax

 

 

 

 

 

 

Pension and postretirement benefit plans

$

32 

$

92 

Compensation and benefits

 

 

32 

 

92 

Total before tax

 

 

(11)

 

(32)

Provision for income taxes

 

$

21 

$

60 

Net of tax

 

 

 

 

 

 

Total reclassification adjustments

$

(61)

$

60