Other Comprehensive Income

9 Months Ended

Sep. 30, 2012

Other Comprehensive Income [Abstract]

Other Comprehensive Income

NOTE 5.  Other Comprehensive Income (Loss)

The following table shows the changes in other comprehensive income (loss) for the three months ended September 30, 2012 and 2011:

	For the three months ended September 30,
	2012						2011
(In thousands)	Pre-tax		Tax		After-tax		Pre-tax		Tax		After-tax
Net unrealized gains (losses) on securities:
Balance, beginning of period					$	929					$	1,237
Unrealized holding gains arising during period	$	477	$	191		286	$	207	$	64		143
Less: Reclassification adjustment for gains included in net income		-		-		-		316		106		210
Net unrealized gains (losses) on securities arising during the period		477		191		286		(109)		(42)		(67)
Balance, end of period						1,215						1,170
Net unrealized gains (losses) on cash flow hedges:
Balance, beginning of period					$	-					$	(141)
Unrealized holding gain on cash flow hedges arising during the period	$	-	$	-		-	$	153	$	62		91
Balance, end of period						-						(50)
Total accumulated other comprehensive income					$	1,215					$	1,120

The following table shows the changes in other comprehensive income (loss) for the nine months ended September 30, 2012 and 2011:

	For the nine months ended September 30,
	2012						2011
(In thousands)	Pre-tax		Tax		After-tax		Pre-tax		Tax		After-tax
Net unrealized gains on securities:
Balance, beginning of period					$	1,147					$	423
Unrealized holding gains arising during period	$	622	$	217		405	$	1,717	$	657		1,060
Less: Reclassification adjustment for gains included in net income		507		170		337		471		158		313
Net unrealized gains on securities arising during the period		115		47		68		1,246		499		747
Balance, end of period						1,215						1,170
Net unrealized gains (losses) on cash flow hedges:
Balance, beginning of period					$	(26)					$	(300)
Unrealized holding gain on cash flow hedges arising during the period	$	43	$	17		26	$	416	$	166		250
Balance, end of period						-						(50)
Total accumulated other comprehensive income					$	1,215					$	1,120