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Accumulated Other Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2013
Schedule of Changes in Accumulated Other Comprehensive Loss

The following table presents the changes in accumulated other comprehensive loss by component net of tax for the years ended December 31, 2013 and 2012.

 

 

(Amounts in thousands)

 

 

Unrealized gains on
available-for-sale
securities(a)

 

  

Change in
pension and
postretirement
obligations

 

Balance as of December 31, 2011

$

(2,663

)  

  

$

  

Other comprehensive loss before reclassification

 

853

  

  

 

  

Amount reclassified from accumulated other comprehensive income

 

103

  

  

 

  

Total other comprehensive income

 

956

  

  

 

  

Balance as of December 31, 2012

 

(1,707

)  

  

 

  

Other comprehensive loss before reclassification

 

(2,090

)  

  

 

(28

)  

Amount reclassified from accumulated other comprehensive income

 

937

  

  

 

  

Total other comprehensive income

 

(1,153

)  

  

 

(28

)  

Balance as of December 31, 2013

$

(2,860

)  

  

$

(28

)  

(a)

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

Schedule of Reclassifications out of Each Accumulated Other Comprehensive Income

The following table presents significant amounts reclassified out of each component of accumulated other comprehensive income for the years ended December 31, 2013 and 2012.

 

 

 

(Amounts in thousands)

 

December 31, 2013

 

Amount reclassified
from accumulated other
comprehensive income

 

  

Affected line item in the statement
where net income is presented

Details about other comprehensive income:

 

 

 

  

 

Unrealized gains on available-for-sale securities

$

1,954

  

  

Net impairment losses recognized in earnings

 

 

(535

)

 

Investment securities gains, net

 

 

(482

  

Federal income tax expense (benefit)

 

$

937

  

  

Net of tax

 

 

December 31, 2012

 

Amount reclassified
from accumulated other
comprehensive income

 

  

Affected line item in the statement
where net income is presented

Details about other comprehensive income:

 

 

 

  

 

Unrealized gains on available-for-sale securities

$

171

  

  

Net impairment losses recognized in earnings

 

 

(14

)

 

Investment securities gains, net

 

 

(54

  

Federal income tax expense (benefit)

 

$

103

  

  

Net of tax