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Changes in Accumulated Other Comprehensive Income Balances (Tables)
3 Months Ended
Mar. 31, 2014
Changes in Accumulated Other Comprehensive Income Balances [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income

                    The changes in accumulated other comprehensive income balances as of March 31, 2014 and 2013 were as follows (in thousands):

 

 

 

 

 

 

 

 

Minimum

 

 

 

 

Accumulated Other

 

Pension

 

Unrealized

 

 

Comprehensive

 

Liability

 

Gains (Loss)

 

 

Income

 

 

 

 

 

 

 

Balance at December 31, 2012

$
(2,954)

 

$
10,853 

 

 

$
7,899 

Other comprehensive income:

 

 

 

 

 

 

Change in net actuarial gain 

123 

 

              -  

 

 

123 

Tax effect on change in net actuarial gain

(43)

 

-  

 

 

(43)

Unrealized holding gains arising during the period

               -  

 

8,898 

 

 

8,898 

Tax effect on unrealized gains arising during the period

               -  

 

(3,114)

 

 

(3,114)

Reclassification adjustment for gains included in net realized gains

               -  

 

(1,176)

 

 

(1,176)

Tax effect on reclassification adjustment for gains included

 

 

 

 

 

 

in income tax expense

               -  

 

411 

 

 

411 

Other comprehensive income ,net of tax

80 

 

5,019 

 

 

5,099 

Balance at March 31, 2013

$
(2,874)

 

$
15,872 

 

 

$
12,998 

 

 

 

 

 

 

 

Balance at December 31, 2013

$
(1,480)

 

$
18,363 

 

 

$
16,883 

 

 

 

 

 

 

 

Other comprehensive income:

 

 

 

 

 

 

Change in net actuarial gain 

40 

 

              -  

 

 

40 

Tax effect on change in net actuarial gain

(14)

 

              -  

 

 

(14)

Net unrealized holding losses arising during the period

               -  

 

(1,646)

 

 

(1,646)

Tax effect on unrealized losses arising during the period

               -  

 

576 

 

 

576 

Reclassification adjustment for gains included in net realized gains

               -  

 

(185)

 

 

(185)

Tax effect on reclassification adjustment for gains included in income

 

 

 

 

 

 

tax expense

               -  

 

65 

 

 

65 

Other comprehensive income (loss), net of tax

26 

 

(1,190)

 

 

(1,164)

Balance at March 31, 2014

$
(1,454)

 

$
17,173 

 

 

$
15,719