Accumulated Comprehensive Income

3 Months Ended

Mar. 31, 2014

Accumulated Comprehensive Income [Abstract]

Accumulated Comprehensive Income

Note 8 – Accumulated Comprehensive Income

The following tables present the changes in accumulated other comprehensive (loss) income by component net of tax for the three months ended March 31, 2014 and 2013 (in thousands):

	Three Months Ended March 31, 2014
	Unrealized gain (loss) on available for sale securities (a)	Unrealized gain (loss) on interest rate swap (a)	Defined Benefit Pension Items (a)	Total
Balance as of December 31, 2013	$                      (108)	$                     -	$             (1,117)	$     (1,225)
Other comprehensive income (loss) before reclassifications (net of tax)	1,485	-	-	1,485
Amounts reclassified from accumulated other
comprehensive income (loss) (net of tax)	(113)	-	7	(106)
Net current period other comprehensive income	1,372	-	7	1,379
Balance as of March 31, 2014	$                     1,264	$                     -	$             (1,110)	$         154
	Three months ended March 31, 2013
Balance as of December 31, 2012	$                     6,754	$                (132)	$             (1,991)	$      4,631
Other Comprehensive Income (loss) before reclassifications (net of tax)	(908)	33	-	(875)
Amounts reclassified from accumulated other comprehensive income (net of tax)	(129)	-	-	(129)
Net current period other comprehensive income (loss)	(1,037)	33	-	(1,004)
Balance as of March 31, 2013	$                     5,717	$                  (99)	$             (1,991)	$      3,627
(a) Amounts in parentheses indicate debits

The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive income for the three months ended March 31, 2014 and 2013 (in thousands):

Details about accumulated other comprehensive income (loss)	Amount reclassified from accumulated comprehensive income (loss) (a)		Affected line item in the statement where net Income is presented
	Three Months Ended  March 31,
	2014	2013
Unrealized gains and losses on available for sale securities
	$                          171	$                    196	Investment securities gains, net
	(58)	(67)	Provision for income taxes
	$                          113	$                    129	Net of tax
Defined benefit pension items
	$                          (12)	$                         -	Salaries and employee benefits
	5	-	Provision for income taxes
	$                            (7)	$                         -	Net of tax
Total reclassifications, net of tax	$                          106	$                    129
(a) Amounts in parentheses indicate debits to profit/loss