Comprehensive Income

9 Months Ended

Sep. 30, 2011

Comprehensive Income [Abstract]

Comprehensive Income

Note 13 – Comprehensive Income

Comprehensive income is defined as the change in equity during a period for non-owner transactions and is divided into net income and other comprehensive income.  Other comprehensive income includes revenues, expenses, gains, and losses that are excluded from earnings under current accounting standards.  The components of accumulated other comprehensive income (loss) for the Company are as follows:

($ in thousands)	September 30,  2011			December 31, 2010			September 30, 2010
Unrealized gain (loss) on securities available for sale	$	4,047			2,478			4,042
Deferred tax asset (liability)		(1,578	)		(966	)		(1,576	)
Net unrealized gain (loss) on securities available for sale		2,469			1,512			2,466
Additional pension liability		(10,460	)		(10,905	)		(8,740	)
Deferred tax asset		4,132			4,308			3,452
Net additional pension liability		(6,328	)		(6,597	)		(5,288	)
Total accumulated other comprehensive income (loss)	$	(3,859	)		(5,085	)		(2,822	)