Stockholders' Equity and Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2013

Stockholders' Equity and Earnings Per Common Share [Abstract]

Amounts reclassified out of accumulated other comprehensive income (loss), by category

The following table presents information on amounts reclassified out of accumulated other comprehensive income (loss), by category, during the periods indicated:

	Three Months Ended September 30,							Nine Months Ended September 30,							Affected Line Item on
	2013				2012			2013				2012			Consolidated Statement of Income
Available-for-sale securities
Realized gains (losses) on sales of securities		$	(5	)		$	620		$	(26	)		$	1,704	Gain (loss) on sale of available-for-sale securities, net
Tax effect			(2	)			211			(9	)			579	Income tax expense
		$	(3	)		$	409		$	(17	)		$	1,125	Net of tax

Other Comprehensive Income

The following table presents the changes in accumulated other comprehensive income (loss), by category, net of tax, for the periods indicated:

	Unrealized Gains (Losses) on Securities				Other Comprehensive Income - AFS to HTM				Defined Benefit Pension Plans				Accumulated Other Comprehensive Loss
	(in thousands)
Nine Months Ended September 30, 2013
Balance at beginning of period		$	1,992			$	-			$	(2,184	)		$	0
Net change for the period			(7,235	)			(4,068	)			-				(11	)
Balance at end of period		$	(5,243	)		$	(4,068	)		$	(2,184	)		$	(11	)

	Unrealized Gains (Losses) on Securities		Other Comprehensive Income - AFS to HTM			Defined Benefit Pension Plans				Accumulated Other Comprehensive Loss
			(in thousands)
Nine Months Ended September 30, 2012
Balance at beginning of period	$	1,525		$	-		$	(1,875	)		$	(1,875	)
Net change for the period		2,403			-		$	-				0
Balance at end of period	$	3,928		$	-			(1,875	)		$	2

Component of other comprehensive income on a pre-tax and after-tax

The following table presents the change in each component of other comprehensive income (loss) on a pre-tax and after-tax basis for the periods indicated.

	Nine Months Ended September 30, 2013
	Pretax			Tax Expense (Benefit)			Net-of-Tax
	(in thousands)
Unrealized losses on securities
Unrealized holding losses arising during the period	$	(10,988	)	$	(3,736	)	$	(7,252	)
Less reclassification adjustment for losses recognized in income		(26	)		(9	)		(17	)
Net unrealized losses on securities		(10,962	)		(3,727	)		(7,235	)
Market adjustment on securities transferred to held-to-maturity
Unrealized loss transferred		(6,232	)		(2,119	)		(4,113	)
Amortization		68			23			45
Net effect of market adjustment on securities transferred to held-to-maturity		(6,164	)		(2,096	)		(4,068	)
Total decrease in other comprehensive loss	$	(17,126	)	$	(5,823	)	$	(11,303	)

	Nine Months Ended September 30, 2012
	Pretax			Tax Expense (Benefit)			Net-of-Tax
	(in thousands)
Unrealized gains on securities
Unrealized holding gains arising during the period		$	5,345		$	1,817		$	3,528
Less reclassification adjustment for gains recognized in income			1,704			579			1,125
Net unrealized gains on securities			3,641			1,238			2,403,000
Total increase in other comprehensive loss		$	3,641		$	1,238		$	2,403