Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2013

Components of Accumulated Other Comprehensive Income, Net of Tax

The following table presents the changes in the Company’s accumulated other comprehensive income (“AOCI”), net of tax, by component for the periods indicated:


	Unrealized Gains (Losses) on			Defined Benefit
(Amounts in thousands)	Available-for-Sale Securities			Pension Plan Items			Total
Three months ended September 30, 2013
Beginning balance	$	(10,317	)	$	(1,761	)	$	(12,078	)
Other comprehensive (loss) gain before reclassifications		(773	)		79			(694	)
Amounts reclassified from AOCI		(24	)		51			27

Net comprehensive loss		(797	)		130			(667	)

Ending balance	$	(11,114	)	$	(1,631	)	$	(12,745	)

Nine months ended September 30, 2013
Beginning balance	$	(283	)	$	(1,542	)	$	(1,825	)
Other comprehensive loss before reclassifications		(10,951	)		(242	)		(11,193	)
Amounts reclassified from AOCI		120			153			273

Net comprehensive loss		(10,831	)		(89	)		(10,920	)

Ending balance	$	(11,114	)	$	(1,631	)	$	(12,745	)

Reclassifications of Company's Accumulated Other Comprehensive Income

The following table presents reclassifications out of the Company’s AOCI for the periods indicated:


						Affected Line Item in the Statement
Details about AOCI Components	Amount Reclassified from AOCI					Where Net Income is Presented
	Three Months Ended			Nine Months Ended
(Amounts in thousands)	September 30, 2013			September 30, 2013
Available-for-sale securities
	$	(39	)	$	191	Net (loss) gain on sale of securities
		—			—	Net impairment losses recognized in earnings

		(39	)		191	Total before tax
		(15	)		71	Income tax (benefit) expense

		(24	)		120	Total net of tax

Defined benefit pension plan items
Amortization of prior service costs		69			208	See Note 1 below
Amortization of net losses		13			37	See Note 1 below

		82			245	Total before tax
		31			92	Income tax expense

		51			153	Total net of tax

Total reclassifications	$	27		$	273	Total net of tax

Note 1: These items are included in the computation of net periodic pension cost. See Note 8, “Defined Benefit Plans,” for additional information.