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

The changes in accumulated other comprehensive income balances as of December 31, 2013, 2012, and 2011 were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated Other

 

 

 

Pension

 

 

Unrealized

 

 

Comprehensive

 

 

 

Liability

 

 

Gains (Loss)

 

 

Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2011

 

$

(2,024

)

 

$

11,661

 

 

$

9,637

 

Other comprehensive loss:

 

 

 

 

 

 

 

 

 

 

 

 

Change in net actuarial loss

 

 

(1,468

)

 

 

-

 

 

 

(1,468

)

Tax effect on change in net actuarial loss

 

 

514

 

 

 

-

 

 

 

514

 

Unrealized holding gains arising during the period

 

 

-

 

 

 

191

 

 

 

191

 

Tax effect on unrealized gains arising during the period

 

 

-

 

 

 

(67

)

 

 

(67

)

Reclassification adjustment for gains included in net realized gains

 

 

-

 

 

 

(3,633

)

 

 

(3,633

)

Tax effect on reclassification adjustment for gains included in income tax expense

 

 

-

 

 

 

1,272

 

 

 

1,272

 

Other comprehensive loss, net of tax

 

 

(954

)

 

 

(2,237

)

 

 

(3,191

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2011

 

$

(2,978

)

 

$

9,424

 

 

$

6,446

 

Other comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

 

Change in net actuarial gain

 

 

37

 

 

 

-

 

 

 

37

 

Tax effect on change in net actuarial gain

 

 

(13

)

 

 

-

 

 

 

(13

)

Unrealized holding gains arising during the period

 

 

-

 

 

 

4,388

 

 

 

4,388

 

Tax effect on unrealized gains arising during the period

 

 

-

 

 

 

(1,536

)

 

 

(1,536

)

Reclassification adjustment for gains included in net realized gains

 

 

-

 

 

 

(2,189

)

 

 

(2,189

)

Tax effect on reclassification adjustment for gains included in income tax expense

 

 

-

 

 

 

766

 

 

 

766

 

Other comprehensive income, net of tax

 

 

24

 

 

 

1,429

 

 

 

1,453

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2012

 

$

(2,954

)

 

$

10,853

 

 

$

7,899

 

Other comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

 

Change in net actuarial gain

 

 

2,268

 

 

 

-

 

 

 

2,268

 

Tax effect on change in net actuarial gain

 

 

(794

)

 

 

-

 

 

 

(794

)

Unrealized holding gains arising during the period

 

 

-

 

 

 

22,094

 

 

 

22,094

 

Tax effect on unrealized gains arising during the period

 

 

-

 

 

 

(7,733

)

 

 

(7,733

)

Reclassification adjustment for gains included in net realized gains

 

 

-

 

 

 

(10,540

)

 

 

(10,540

)

Tax effect on reclassification adjustment for gains included in income tax expense

 

 

-

 

 

 

3,689

 

 

 

3,689

 

Other comprehensive income, net of tax

 

 

1,474

 

 

 

7,510

 

 

 

8,984

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2013

 

$

(1,480

)

 

$

18,363

 

 

$

16,883