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Comprehensive Income/Loss
 9 Months Ended
Sep. 30, 2013
Equity [Abstract]  
COMPREHENSIVE INCOME/LOSS
on on the Company’s comprehensive income (loss), presented net of taxes, is set forth below for the periods indicated:

 
Three Months Ended September 30, 2014
 
Nine Months Ended September 30, 2014
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
(Dollars in thousands)
 
(Dollars in thousands)
Change in fair value of securities available for sale
$
(1,322
)
 
$
512

 
$
(810
)
 
$
5,869

 
$
(2,325
)
 
$
3,544

Less: net security gains (losses) reclassified into other noninterest income
67

 
(27
)
 
40

 
138

 
(56
)
 
82

Net change in fair value of securities available for sale
(1,389
)
 
539

 
(850
)
 
5,731

 
(2,269
)
 
3,462

 
 
 
 
 
 
 
 
 
 
 
 
Change in fair value of cash flow hedges
252

 
(103
)
 
149

 
(535
)
 
220

 
(315
)
Less: net cash flow hedge losses reclassified into interest on borrowings expense (1)
(726
)
 
297

 
(429
)
 
(2,937
)
 
1,200

 
(1,737
)
Less: Loss on termination of hedge reclassified into noninterest expense
—

 
—

 
—

 
(1,121
)
 
458

 
(663
)
Net change in fair value of cash flow hedges
978

 
(400
)
 
578

 
3,523

 
(1,438
)
 
2,085

 
 
 
 
 
 
 
 
 
 
 
 
Net loss during the period and amortization of certain costs included in net periodic retirement costs (2)
(66
)
 
27

 
(39
)
 
(198
)
 
81

 
(117
)
Total other comprehensive income (loss)
$
(477
)
 
$
166

 
$
(311
)
 
$
9,056

 
$
(3,626
)
 
$
5,430


 
Three Months Ended September 30, 2013
 
Nine Months Ended September 30, 2013
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
(Dollars in thousands)
 
(Dollars in thousands)
Change in fair value of securities available for sale
$
(190
)
 
$
42

 
$
(148
)
 
$
(8,924
)
 
$
3,407

 
$
(5,517
)
Less: net security losses reclassified into other noninterest income
—

 
—

 
—

 
(4
)
 
1

 
(3
)
Change in fair value of securities available for sale
(190
)
 
42

 
(148
)
 
(8,920
)
 
3,406

 
(5,514
)
 
 
 
 
 
 
 
 
 
 
 
 
Change in fair value of cash flow hedges
(696
)
 
285

 
(411
)
 
592

 
(242
)
 
350

Less: net cash flow hedge losses reclassified into interest on borrowings expense (1)
(1,464
)
 
598

 
(866
)
 
(4,322
)
 
1,765

 
(2,557
)
Net change in fair value of cash flow hedges
768

 
(313
)
 
455

 
4,914

 
(2,007
)
 
2,907

 
 
 
 
 
 
 
 
 
 
 
 
Net gain during the period and amortization of certain costs included in net periodic retirement costs (2)
51

 
(21
)
 
30

 
124

 
(51
)
 
73

Total other comprehensive income
$
629

 
$
(292
)
 
$
337

 
$
(3,882
)
 
$
1,348

 
$
(2,534
)
 
(1)
Includes the amortization of the remaining balance of a realized but unrecognized gain, net of tax, from the termination of interest rate swaps in June 2009. The original gain of $1.4 million, net of tax, is being recognized in earnings through December 2018, the original maturity date of the swap. The balance of this gain has amortized to $606,000 and $751,000 at September 30, 2014 and 2013, respectively.
(2)
The amortization of prior service costs is included in the computation of net periodic pension cost as disclosed in the Employee Benefit Plans footnote in the Company's Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission.

Information on the Company’s accumulated other comprehensive income (loss), net of tax is comprised of the following components as of the periods indicated:

 
Unrealized Gain (Loss) on Securities
 
Unrealized Loss on Cash Flow Hedge
 
Deferred Gain on Hedge Transactions
 
Defined Benefit Pension Plans
 
Accumulated Other Comprehensive Loss
 
2014
 
(Dollars in thousands)
Beginning balance January 1, 2014
$
(2,023
)
 
$
(5,698
)
 
$
715

 
$
(428
)
 
$
(7,434
)
Net change in other comprehensive income
$
3,462

 
$
2,194

 
$
(109
)
 
$
(117
)
 
$
5,430

Ending balance September 30, 2014
1,439

 
(3,504
)
 
606

 
(545
)
 
(2,004
)
 
2013
Beginning balance January 1, 2013
$
5,478

 
$
(9,577
)
 
$
859

 
$
(1,286
)
 
$
(4,526
)
Net change in other comprehensive income
$
(5,514
)
 
$
3,015

 
$
(108
)
 
$
73

 
$
(2,534
)
Ending balance September 30, 2013
(36
)
 
(6,562
)
 
751

 
(1,213
)
 
(7,060
)