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RETIREMENT PLANS: (Tables) | 12 Months Ended
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Dec. 31, 2012
Schedule of Net Benefit Costs | Net periodic benefit cost and other amounts recognized in other comprehensive income included the following components:
(Dollar amounts in thousands) |  | 2012 |  |  | 2011 |  |  | 2010 |
Service cost - benefits earned |  | $ | 4,872 |  |  | $ | 3,542 |  |  | $ | 3,093 |
Interest cost on projected benefit obligation |  |  | 3,667 |  |  |  | 3,688 |  |  |  | 3,313 |
Expected return on plan assets |  |  | (3,258 | ) |  |  | (4,003 | ) |  |  | (3,400 | )
Net amortization and deferral |  |  | 2,434 |  |  |  | 1,152 |  |  |  | 964 |
Net periodic pension cost |  |  | 7,715 |  |  |  | 4,379 |  |  |  | 3,970 |
Net loss (gain) during the period |  |  | 3,842 |  |  |  | 17,868 |  |  |  | 4,466 |
Curtailment gain |  |  | (5,700 | ) |  |  | - |  |  |  | - |
Amortization of prior service cost |  |  | (166 | ) |  |  | (166 | ) |  |  | 18 |
Amortization of unrecognized gain (loss) |  |  | (2,270 | ) |  |  | (986 | ) |  |  | (982 | )
Total recognized in other comprehensive income (loss) |  |  | (4,294 | ) |  |  | 16,716 |  |  |  | 3,502 |
Total recognized net periodic pension cost and other comprehensive income |  | $ | 3,421 |  |  | $ | 21,095 |  |  | $ | 7,472
Schedule of Defined Benefit Plans Disclosures | The information below sets forth the change in projected benefit obligation, reconciliation of plan assets, and the funded status of the Corporation's retirement program. Actuarial present value of benefits is based on service to date and present pay levels.
(Dollar amounts in thousands) |  | 2012 |  |  | 2011 |
Change in benefit obligation: |  |  |  |  |  |  |  |
Benefit obligation at January 1 |  | $ | 84,908 |  |  | $ | 67,006 |
Service cost |  |  | 4,872 |  |  |  | 3,542 |
Interest cost |  |  | 3,667 |  |  |  | 3,688 |
Actuarial (gain) loss |  |  | (4,747 | ) |  |  | 12,689 |
Benefits paid |  |  | (1,893 | ) |  |  | (2,017 | )
Benefit obligation at December 31 |  |  | 86,807 |  |  |  | 84,908 |
Reconciliation of fair value of plan assets: |  |  |  |  |  |  |  |
Fair value of plan assets at January 1 |  |  | 53,935 |  |  |  | 48,464 |
Actual return on plan assets |  |  | 371 |  |  |  | (1,176 | )
Employer contributions |  |  | 5,078 |  |  |  | 8,664 |
Benefits paid |  |  | (1,893 | ) |  |  | (2,017 | )
Fair value of plan assets at December 31 |  |  | 57,491 |  |  |  | 53,935 |
Funded status at December 31 (plan assets less benefit obligation) |  | $ | (29,316 | ) |  | $ | (30,973 | )
Schedule of Assumptions Used | The accumulated benefit obligation for the defined benefit pension plan was $79,869 and $73,560 at year-end 2012 and 2011.
Principal assumptions used: |  | 2012 |  |  | 2011 |
Discount rate |  |  | 4.05 | % |  |  | 4.40 | %
Rate of increase in compensation levels |  |  | 3.50 |  |  |  | 3.50 |
Expected long-term rate of return on plan assets |  |  | 6.00 |  |  |  | 6.00 |
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) | Other comprehensive income (loss) components and related taxes were as follows:
|  | December 31, |
(Dollar amounts in thousands) |  | 2012 |  |  | 2011 |  |  | 2010 |
Unrealized holding gains and (losses) on securities available-for-sale |  | $ | (2,590 | ) |  | $ | 11,441 |  |  | $ | (6,291 | )
Change in unrealized gains (losses) on securities available-for-sale for which a portion of OTTI has been recognized in earnings |  | $ | 2,867 |  |  | $ | 3,216 |  |  | $ | 4,101 |
Reclassification adjustments for (gains) and losses later recognized in income |  |  | 875 |  |  |  | 104 |  |  |  | 2,939 |
Net unrealized gains and (losses) |  |  | 1,152 |  |  |  | 14,761 |  |  |  | 749 |
Tax effect |  |  | (461 | ) |  |  | (5,904 | ) |  |  | (300 | )
Other comprehensive income (loss) |  | $ | 691 |  |  | $ | 8,857 |  |  | $ | 449 |
Unrecognized gains and (losses) on benefit plans |  | $ | 1,309 |  |  | $ | (17,885 | ) |  | $ | (4,376 | )
Amortization of prior service cost included in net periodic pension cost |  |  | 226 |  |  |  | 300 |  |  |  | 116 |
Amortization of unrecognized gains (losses) included in net periodic pension cost |  |  | 2,349 |  |  |  | 947 |  |  |  | 1,069 |
Benefit plans, net |  |  | 3,884 |  |  |  | (16,638 | ) |  |  | (3,191 | )
Tax Effect |  |  | (1,553 | ) |  |  | 6,656 |  |  |  | 1,277 |
Other comprehensive income (loss) |  | $ | 2,331 |  |  | $ | (9,982 | ) |  | $ | (1,914 | )
Schedule of Allocation of Plan Assets | Plan Assets — The Corporation's pension plan weighted-average asset allocation for the years 2012 and 2011 by asset category are as follows:
|  |  |  |  |  |  |  | Pension |  |  | ESOP |
|  | Pension Plan |  |  | ESOP |  |  | Pecentage of Plan |  |  | Pecentage of Plan |
|  | Target Allocation |  |  | Target Allocation |  |  | Assets at December 31, |  |  | Assets at December 31, |
ASSET CATEGORY |  | 2012 |  |  | 2012 |  |  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
Equity securities |  |  | 61-63 | % |  |  | 99-100 | % |  |  | 55 | % |  |  | 49 | % |  |  | 98 | % |  |  | 99 | %
Debt securities |  |  | 33-36 | % |  |  | 0-0 |  |  |  | 33 | % |  |  | 36 | % |  |  | 0 | % |  |  | 0 | %
Other |  |  | 1-6 | % |  |  | 0-1 |  |  |  | 12 | % |  |  | 15 | % |  |  | 2 | % |  |  | 1 | %
TOTAL |  |  |  |  |  |  |  |  |  |  | 100 | % |  |  | 100 | % |  |  | 100 | % |  |  | 100 | %
Schedule Of Fair Value Of Plan Assets | The fair value of the plan assets at December 31, 2012 and 2011, by asset category, is as follows:
|  |  |  |  | Fair Value Measurments at |
|  |  |  |  | December 31, 2012 Using: |
|  |  |  |  | Quoted Prices |  |  | Significant |  |  |  |
|  |  |  |  | in Active |  |  | Other |  |  | Significant |
|  |  |  |  | Markets for |  |  | Obsevable |  |  | Obsevable |
|  |  |  |  | Identical Assets |  |  | Inputs |  |  | Inputs |
(Dollar amounts in thousands) |  | Total |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
Plan assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity securities |  | $ | 43,393 |  |  | $ | 43,393 |  |  | $ | - |  |  | $ | - |
Debt securities |  |  | 10,597 |  |  |  | - |  |  |  | 10,597 |  |  |  | - |
Investment Funds |  |  | 3,501 |  |  |  | 3,501 |  |  |  | - |  |  |  | - |
Total plan assets |  | $ | 57,491 |  |  | $ | 46,894 |  |  | $ | 10,597 |  |  | $ | - |
|  |  |  |  | Fair Value Measurments at |
|  |  |  |  | December 31, 2011 Using: |
|  |  |  |  | Quoted Prices |  |  | Significant |  |  |  |
|  |  |  |  | in Active |  |  | Other |  |  | Significant |
|  |  |  |  | Markets for |  |  | Obsevable |  |  | Obsevable |
|  |  |  |  | Identical Assets |  |  | Inputs |  |  | Inputs |
(Dollar amounts in thousands) |  | Total |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
Plan assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity securities |  | $ | 40,475 |  |  | $ | 40,475 |  |  | $ | - |  |  | $ | - |
Debt securities |  |  | 8,566 |  |  |  | - |  |  |  | 8,566 |  |  |  | - |
Investment Funds |  |  | 4,894 |  |  |  | 4,894 |  |  |  | - |  |  |  | - |
Total plan assets |  | $ | 53,935 |  |  | $ | 45,369 |  |  | $ | 8,566 |  |  | $ | - |
Schedule Of Weighted Average Assumptions | Weighted average assumptions at December 31:
|  | December 31, |
|  | 2012 |  |  | 2011 |
Discount rate |  |  | 4.05 | % |  |  | 4.40 | %
Initial weighted health care cost trend rate |  |  | 7.50 |  |  |  | 7.50 |
Ultimate health care cost trend rate |  |  | 5.00 |  |  |  | 5.00 |
Year that the rate is assumed to stabilize and remain unchanged |  |  | 2015 |  |  |  | 2015 |
Schedule of Expected Benefit Payments | Estimated Future Payments— The following benefit payments, which reflect expected future service, are expected:
PENSION BENEFITS
(Dollar amounts in thousands)
2013 |  | $ | 2,009 |
2014 |  |  | 2,312 |
2015 |  |  | 2,564 |
2016 |  |  | 2,872 |
2017 |  |  | 5,068 |
2018-2022 |  |  | 18,374 |
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates | Assumed health care cost trend rates have a significant effect on the amounts reported for the health care plans. A one-percentage-point change in the assumed health care cost trend rates would have the following effects:
|  | 1% Point |  |  | 1% Point |
(Dollar amounts in thousands) |  | Increase |  |  | Decrease |
Effect on total of service and interest cost components |  | $ | 71 |  |  | $ | (63 | )
Effect on post-retirement benefit obligation |  |  | 3 |  |  |  | (3 | )
Supplemental Employee Retirement Plans, Defined Benefit [Member] |
Schedule of Net Benefit Costs | The amounts recognized in other comprehensive income in the current year are as follows:
(Dollar amounts in thousands) |  | 2012 |  |  | 2011 |  |  | 2010 |
Net loss (gain) during the period |  | $ | 442 |  |  | $ | 486 |  |  | $ | (90 | )
Amortization of prior service cost |  |  | - |  |  |  | (74 | ) |  |  | (74 | )
Amortization of unrecognized gain (loss) |  |  | (79 | ) |  |  | 39 |  |  |  | 66 |
Total recognized in other comprehensive income (loss) |  | $ | 363 |  |  | $ | 451 |  |  | $ | (98 | )
Schedule of Expected Benefit Payments | Estimated Future Payments — The following benefit payments, which reflect expected future service, are expected:
(Dollar amounts on thousands)
2013 |  | $ | - |
2014 |  |  | - |
2015 |  |  | 253 |
2016 |  |  | 250 |
2017 |  |  | 248 |
2018-2022 |  |  | 1,191
Estimated Future Payments [Member] |
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) | Amounts recognized in accumulated other comprehensive income at December 31, 2012 and 2011 consist of:
(Dollar amounts in thousands) |  | 2012 |  |  | 2011 |
Net loss (gain) |  | $ | 3,842 |  |  | $ | 17,867 |
Prior service cost (credit) |  |  | 166 |  |  |  | 166 |
|  | $ | 4,008 |  |  | $ | 18,033 |
Post Retirement Health Benefit Expense [Member] |
Schedule of Defined Benefit Plans Disclosures | The Corporation uses a measurement date of December 31. Accrued post-retirement benefits as of December 31, 2012 and 2011 are as follows:
|  | December 31, |
(Dollar amounts in thousands) |  | 2012 |  |  | 2011 |
Change in benefit obligation: |  |  |  |  |  |  |  |
Benefit obligation at January 1 |  | $ | 4,057 |  |  | $ | 4,500 |
Service cost |  |  | 60 |  |  |  | 61 |
Interest cost |  |  | 173 |  |  |  | 194 |
Plan participants' contributions |  |  | 62 |  |  |  | 62 |
Actuarial (gain) loss |  |  | 311 |  |  |  | (472 | )
Benefits paid |  |  | (268 | ) |  |  | (288 | )
Benefit obligation at December 31 |  | $ | 4,395 |  |  | $ | 4,057 |
Funded status at December 31 |  | $ | 4,395 |  |  | $ | 4,057 |
Post-retirement health benefit expense included the following components:
|  | Years Ended December 31, |
(Dollar amounts in thousands) |  | 2012 |  |  | 2011 |  |  | 2010 |
Service cost |  | $ | 60 |  |  | $ | 59 |  |  | $ | 64 |
Interest cost |  |  | 173 |  |  |  | 194 |  |  |  | 218 |
Amortization of transition obligation |  |  | 60 |  |  |  | 60 |  |  |  | 60 |
Recognized actuarial loss |  |  | - |  |  |  | - |  |  |  | 12 |
Net periodic benefit cost |  | $ | 293 |  |  | $ | 313 |  |  | $ | 354 |
Net loss (gain) during the period |  | $ | 311 |  |  | $ | (469 | ) |  | $ | - |
Amortization of prior service cost |  |  | (60 | ) |  |  | (60 | ) |  |  | (60 | )
Amortization of unrecognized gain (loss) |  |  | - |  |  |  | - |  |  |  | (153 | )
Total recognized in other comprehensive income (loss) |  | $ | 251 |  |  | $ | (529 | ) |  | $ | (213 | )
Total recognized net periodic benefit cost and other comprehensive income |  | $ | 544 |  |  | $ | (216 | ) |  | $ | 141 |
Schedule of Expected Benefit Payments | Estimated Future Payments — The following benefit payments, which reflect expected future service, are expected:
(Dollar amounts in thousands)
2013 |  | $ | 234 |
2014 |  |  | 242 |
2015 |  |  | 255 |
2016 |  |  | 268 |
2017 |  |  | 270 |
2018-2022 |  |  | 1,348 |

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