Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2013

The tables below provide a summary of the components of other comprehensive income (“OCI”) for the years ended December 31, 2013, 2012, and 2011:


	For the Year Ended December 31, 2013
	Before-Tax			Tax Effect			After-Tax
	(Dollars in thousands)
Investment securities available-for-sale:
Net change in fair value recorded in accumulated OCI	$	(88,562	)	$	(37,196	)	$	(51,366	)
Net realized gains reclassified into earnings (1)		(2,094	)		(879	)		(1,215	)

Net change	$	(90,656	)	$	(38,075	)	$	(52,581	)

	For the Year Ended December 31, 2012
	Before-Tax			Tax Effect			After-Tax
	(Dollars in thousands)
Investment securities available-for-sale:
Net change in fair value recorded in accumulated OCI	$	3,074		$	1,292		$	1,782

Net change	$	3,074		$	1,292		$	1,782


	For the Year Ended December 31, 2011
	Before-Tax			Tax Effect			After-Tax
	(Dollars in thousands)
Investment securities available-for-sale:
Net change in fair value recorded in accumulated OCI	$	61,490		$	25,826		$	35,664
Investment securities held-to-maturity:
Reclassification of credit-related OTTI from accumulated OCI		(656	)		(276	)		(380	)

Net change	$	60,834		$	25,550		$	35,284

(1)	Net realized gains are included in other income in the condensed consolidated statement of earnings and comprehensive income for the year ended December 31, 2013.

The following table provides a summary of the change in accumulated other comprehensive income for years ended December 31, 2013, and 2012:


	Unrealized Gain (Loss) on Investment Securities Available-for-Sale
	(Dollars in thousands)
Balance, January 1, 2012	$	41,469
Net change in fair value recorded in accumulated OCI		1,782

Balance, December 31, 2012	$	43,251

Net change in fair value recorded in accumulated OCI		(51,366	)
Net realized gains reclassified into earnings		(1,215	)

Balance, December 31, 2013	$	(9,330	)