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Reclassifications Out of Accumulated Other Comprehensive Loss ("AOCL")
6 Months Ended
Jun. 30, 2014
Reclassifications Out of Accumulated Other Comprehensive Loss ("AOCL")

Note 3. Reclassifications Out of Accumulated Other Comprehensive Loss (“AOCL”)

 

(in thousands)    For the Six Months Ended June 30, 2014

Details about

Accumulated Other Comprehensive Loss

   Amount Reclassified
from Accumulated Other
Comprehensive Loss (1)
  

Affected Line Item in the

      Consolidated Statement of Income      

and Comprehensive Income

Unrealized gains on available-for-sale securities

     $   5,135        Net gain on sales of securities
       (2,073)       Income tax expense
    

 

 

    
     $ 3,062        Net gain on sales of securities, net of tax
    

 

 

    

Amortization of defined benefit pension plan items:

       

Prior-service costs

     $ 124       

Included in the computation of net periodic (credit) expense (2)

Actuarial losses

       (1,880)      

Included in the computation of net periodic (credit) expense (2)

    

 

 

    
       (1,756)       Total before tax
       709        Income tax benefit
    

 

 

    
     $ (1,047)      

Amortization of defined benefit pension plan items, net of tax

    

 

 

    

Total reclassifications for the period

     $ 2,015       
    

 

 

    

 

(1) Amounts in parentheses indicate expense items.
(2) Please see Note 9, Pension and Other Post-Retirement Benefits, for additional information.