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Stockholders' Equity and Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2014
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 loss, by category, during the periods indicated:

 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
  
 
2014
 
2013
 
2014
 
2013
 
Affected Line Item on
Consolidated Statements of Income
 
(in thousands)
 
 
Available-for-sale securities
 
 
 
 
        
Realized losses on sales of securities
 
$
0
  
$
(5
)
 
$
(7
)
 
$
(26
)
Loss on sale of available-for-sale securities, net
Tax benefit
  
0
   
(2
)
  
(2
)
  
(9
)
Income tax benefit
 
 
$
0
  
$
(3
)
 
$
(5
)
 
$
(17
)
Net of tax

Other Comprehensive Income

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

 
 
Unrealized Gains (Losses) on Securities
  
Unrealized Losses on Securities Transferred to Held-to-Maturity
  
Defined Benefit Pension Plans
  
Accumulated Other Comprehensive Loss
 
 
 
(in thousands)
 
Nine Months Ended September 30, 2014
 
  
  
  
 
 
 
  
  
  
 
Balance at beginning of period
 
$
(5,317
)
 
$
(3,937
)
 
$
(1,548
)
 
$
(10,802
)
Net change for the period
  
3,928
   
411
   
0
   
4,339
 
Balance at end of period
 
$
(1,389
)
 
$
(3,526
)
 
$
(1,548
)
 
$
(6,463
)
 
                
 
                
Nine Months Ended September 30, 2013
                
 
                
Balance at beginning of period
 
$
1,992
  
$
0
  
$
(2,184
)
 
$
(192
)
Net change for the period
  
(7,235
)
  
(4,068
)
  
0
   
(11,303
)
Balance at end of period
 
$
(5,243
)
 
$
(4,068
)
 
$
(2,184
)
 
$
(11,495
)

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

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

 
 
Nine Months Ended September 30, 2014
 
 
 
Pretax
  
Tax Expense (Benefit)
  
Net-of-Tax
 
 
 
(in thousands)
 
Unrealized gains on available-for-sale securities
 
  
  
 
Unrealized holding gains arising during the period
 
$
5,944
  
$
2,021
  
$
3,923
 
Less reclassification adjustment for losses recognized in income
  
(7
)
  
(2
)
  
(5
)
Net unrealized gains on securities
  
5,951
   
2,023
   
3,928
 
 
            
Market adjustment on securities transferred to held-to-maturity
            
Amortization
  
622
   
211
   
411
 
 
            
Total change in accumulated other comprehensive loss
 
$
6,573
  
$
2,234
  
$
4,339
 

 
 
Nine Months Ended September 30, 2013
 
 
 
Pretax
  
Tax Expense (Benefit)
  
Net-of-Tax
 
 
 
(in thousands)
 
Unrealized losses on available-for-sale 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 change in accumulated other comprehensive loss
 
$
(17,126
)
 
$
(5,823
)
 
$
(11,303
)