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Accumulated Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2013
Equity [Abstract]  
Components of Accumulated Other Comprehensive Income (Loss)

The components of AOCI and changes in those components are presented in the following table (in thousands).

 

     Available for Sale
Securities
    Held to Maturity
Securities
Transferred from
AFS
    Employee Benefit
Plans
    Loss on Effective
Cash Flow
Hedges
    Total  

Balance, January 1, 2012

   $ 60,478      $ —        $ (86,923   $ (65   $ (26,510
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income before income taxes:

          

Net change in unrealized gain (loss)

     8,409        —          —          (391     8,018   

Transfer of net unrealized gain from AFS to HTM, net of cummulative tax effect

     (24,598     24,598        —          —          —     

Reclassification adjustment for net (gains) losses realized and included in earnings

     (12     —          1,753        88        1,829   

Income tax expense (benefit)

     2,983        —          657        (118     3,522   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance, March 31, 2012

   $ 41,294      $ 24,598      $ (85,827   $ (250   $ (20,185
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance, January 1, 2013

   $ 38,854      $ 19,090      $ (80,688   $ (181   $ (22,925
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income before income taxes:

          

Net change in unrealized gain (loss)

     (12,434     —          —          (4     (12,438

Reclassification adjustment for net losses realized and included in earnings

     —          —          1,754        175        1,929   

Amortization of unrealized net gain on securities transferred to held-to-maturity

     —          (2,984     —          —          (2,984

Income tax expense (benefit)

     (4,586     (1,078     657        67        (4,940
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance, March 31, 2013

   $ 31,006      $ 17,184      $ (79,591   $ (77   $ (31,478 )