Other Comprehensive Income

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Other Comprehensive Income

Other Comprehensive Income/Loss

The gross amounts of each component of other comprehensive income (loss) and the related tax effects are as follows:

	Pre-tax						Tax Expense (Benefit)						Net of Tax
Three Months Ended June 30,	2014			2013			2014			2013			2014			2013
Investment securities available-for sale:
Change in net unrealized gains/losses during period	$	2,816		$	(35,625	)	$	1,108		$	(14,018	)	$	1,708		$	(21,607	)
Reclassification adjustment for net (gains)  losses included in net income	(17		)	12			(7		)	5			(10		)	7
Defined benefits post-retirement benefit plan:
Change in net actuarial loss	35			35			14			14			21			21
Total other comprehensive income (loss)	$	2,834		$	(35,578	)	$	1,115		$	(13,999	)	$	1,719		$	(21,579	)

	Pre-tax						Tax Expense (Benefit)						Net of Tax
Six Months Ended June 30,	2014			2013			2014			2013			2014			2013
Investment securities available-for sale:
Change in net unrealized gains/losses during period	$	17,167		$	(41,342	)	$	6,755		$	(16,268	)	$	10,412		$	(25,074	)
Reclassification adjustment for net (gains)   losses included in net income	(88		)	4			(35		)	2			(53		)	2
Defined benefits post-retirement benefit plan:
Change in net actuarial loss	70			70			28			28			42			42
Total other comprehensive (loss) income	$	17,149		$	(41,268	)	$	6,748		$	(16,238	)	$	10,401		$	(25,030	)

The components of accumulated other comprehensive loss, net of income tax benefits, are as follows:

	June 30, 2014			December 31, 2013
Net unrealized gain on investment securities available-for-sale	$	(4,219	)	$	(14,578	)
Net actuarial loss on defined benefit post-retirement benefit plans	(1,421		)	(1,463		)
Net accumulated other comprehensive loss	$	(5,640	)	$	(16,041	)