Note 7 – Reclassifications Out of Accumulated Other Comprehensive Income

The following table presents the details regarding amounts reclassified out of accumulated other comprehensive income for the three and six months ended June 30, 2013 (in thousands).


	Amounts Reclassified from Accumulated Other Comprehensive Income
Details about Accumulated Other Comprehensive Income Components	For the Three Months Ended June 30, 2013			For the Six Months Ended June 30, 2013			Affected Line Item in the Statement Where Net Income is Presented

Unrealized (losses) gains on available-for-sale securities:
	$	-		$	116		Securities gains, net
		-			(45	)	Tax (expense) or benefit
	$	-		$	71		Net of tax

Amortization of gains included in net income on available-for-sale securities transferred to held to maturity:
	$	271		$	590		Investment securities interest revenue
		(103	)		(227	)	Tax (expense) or benefit
	$	168		$	363		Net of tax

Gains included in net income on derivative financial instruments accounted for as cash flow hedges:
Effective portion of interest rate contracts	$	303		$	840		Loan interest revenue
Ineffective portion of interest rate contracts		3			4		Other fee revenue
		306			844		Total before tax
		(119	)		(328	)	Tax (expense) or benefit
	$	187		$	516		Net of tax

Amortization of prior service cost and actuarial losses included in net periodic pension cost for defined benefit pension plan
Prior service cost	$	(91	)	$	(181	)	Salaries and employee benefits expense
Actuarial losses		(42	)		(84	)	Salaries and employee benefits expense
		(133	)		(265	)	Total before tax
		52			103		Tax (expense) or benefit
	$	(81	)	$	(162	)	Net of tax

Total reclassifications for the period	$	274		$	788		Net of tax

Amounts shown above in parentheses reduce earnings