Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2015

Accumulated Other Comprehensive Loss [Abstract]

Components Of Other Comprehensive Income (Loss)


		Pre-tax						Net-of-tax
		Amount			Tax Effect			Amount
June 30, 2015
Securities available for sale and transferred securities:
Change in unrealized gain/loss during the period	$	(3,590	)	$	(1,386	)	$	(2,204	)
Reclassification adjustment for net gains included in net income ⁽¹⁾		(1,208	)		(466	)		(742	)
Total securities available for sale and transferred securities		(4,798	)		(1,852	)		(2,946	)
Amortization of pension and post-retirement items:
Prior service credit		(24	)		(9	)		(15	)
Net actuarial losses		471			181			290
Total pension and post-retirement obligations		447			172			275
Other comprehensive loss	$	(4,351	)	$	(1,680	)	$	(2,671	)

June 30, 2014
Securities available for sale and transferred securities:
Change in unrealized gain/loss during the period	$	12,168		$	4,821		$	7,347
Reclassification adjustment for net gains included in net income ⁽¹⁾		(1,521	)		(602	)		(919	)
Total securities available for sale and transferred securities		10,647			4,219			6,428
Amortization of pension and post-retirement items:
Prior service credit		(24	)		(9	)		(15	)
Net actuarial losses		88			34			54
Total pension and post-retirement obligations		64			25			39
Other comprehensive income	$	10,711		$	4,244		$	6,467

(1) Includes amounts related to the amortization/accretion of unrealized net gains and losses resulting from the Company's reclassification of available for sale investment securities to the held to maturity category. The unrealized net gains/losses will be amortized/accreted over the remaining life of the investment securities as an adjustment of yield.

Components Of Accumulated Other Comprehensive Income (Loss)


		Securities
		Available for			Pension and			Accumulated
		Sale and			Post-			Other
		Transferred			retirement			Comprehensive
		Securities			Obligations			Loss
June 30, 2015
Balance at beginning of year	$	1,625		$	(10,636	)	$	(9,011	)
Other comprehensive income before reclassifications		(2,204	)		-			(2,204	)
Amounts reclassified from accumulated other comprehensive loss		(742	)		275			(467	)
Net current period other comprehensive income (loss)		(2,946	)		275			(2,671	)
Balance at end of period	$	(1,321	)	$	(10,361	)	$	(11,682	)

June 30, 2014
Balance at beginning of year	$	(5,337	)	$	(4,850	)	$	(10,187	)
Other comprehensive income before reclassifications		7,347			-			7,347
Amounts reclassified from accumulated other comprehensive loss		(919	)		39			(880	)
Net current period other comprehensive income		6,428			39			6,467
Balance at end of period	$	1,091		$	(4,811	)	$	(3,720	)

Amounts Reclassified Out Of Each Component Of Accumulated Other Comprehensive Income (Loss)


		Amount Reclassified from
Details About Accumulated Other		Accumulated Other					Affected Line Item in the
Comprehensive Loss Components		Comprehensive Loss					Consolidated Statement of Income
		Six months ended
		June 30,
		2015			2014
Realized gain on sale of investment securities	$	1,062		$	1,262		Net gain on disposal of investment securities
Amortization of unrealized holding gains (losses)
on investment securities transferred from
available for sale to held to maturity		146			259		Interest income
		1,208			1,521		Total before tax
		(466	)		(602	)	Income tax expense
		742			919		Net of tax
Amortization of pension and post-retirement items:
Prior service credit ⁽¹⁾		24			24		Salaries and employee benefits
Net actuarial losses ⁽¹⁾		(471	)		(88	)	Salaries and employee benefits
		(447	)		(64	)	Total before tax
		172			25		Income tax benefit
		(275	)		(39	)	Net of tax

Total reclassified for the period	$	467		$	880

(1) These items are included in the computation of net periodic pension expense. See Note 11 – Employee Benefit Plans for additional information.