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Accumulated Other Comprehensive Loss | 9 Months Ended
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Sep. 30, 2013
Accumulated Other Comprehensive Loss [Abstract] |
Accumulated Other Comprehensive Loss | Note 9 – Accumulated Other Comprehensive Loss The following table presents the changes in each component of accumulated other comprehensive loss for the 12 months ended December 31, 2012 and each of the three- month periods ended March 31, 2013, June 30, 2013 and September 30, 2013:
| Investment | Investment |  |  |  |  |  |  |  |
| securities- | securities- | Cash Flow | Pension |  |  |  |
(in thousands) | with OTTI | all other | Hedge | Plan | SERP | Total
Accumulated OCL, net: |  |  |  |  |  |  |  |  |  |  |  |
Balance - January 1, 2012 | $ | (10,572) | $ | (2,633) | $ | (616) | $ | (6,945) | $ | (196) | $ | (20,962)
Net gain/(loss) during period |  | 536 |  | (333) |  | 109 |  | (1,317) |  | 144 |  | (861)
Balance - December 31, 2012 | $ | (10,036) | $ | (2,966) | $ | (507) | $ | (8,262) | $ | (52) | $ | (21,823)
Other comprehensive income/(loss) before reclassifications |  | 1,070 |  | (116) |  | 60 |  | 639 |  | 0 |  | 1,653
Amounts reclassified from accumulated other comprehensive income |  | (75) |  | (149) |  | 0 |  | 76 |  | 4 |  | (144)
Balance – March 31, 2013 | $ | (9,041) | $ | (3,231) | $ | (447) | $ | (7,547) | $ | (48) | $ | (20,314)
Other comprehensive income/(loss) before reclassifications |  | 497 |  | (5,477) |  | 78 |  | (700) |  | 0 |  | (5,602)
Amounts reclassified from accumulated other comprehensive income |  | (84) |  | 13 |  | 0 |  | 76 |  | 3 |  | 8
Balance – June 30, 2013 | $ | (8,628) | $ | (8,695) | $ | (369) | $ | (8,171) | $ | (45) | $ | (25,908)
Other comprehensive income/(loss) before reclassifications |  | 528 |  | (702) |  | 42 |  | 358 |  | 0 |  | 226
Amounts reclassified from accumulated other comprehensive income |  | (84) |  | 62 |  | 0 |  | 76 |  | 4 |  | 58
Balance - September 30,2013 | $ | (8,184) | $ | (9,335) | $ | (327) | $ | (7,737) | $ | (41) | $ | (25,624)
The following table presents the components of comprehensive income for the nine- and three- months ended September 30, 2013 and 2012:
Components of Comprehensive Income (in thousands) | Before Tax Amount | Tax (Expense) Benefit | Net
For the nine months ended September 30, 2013 |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |
Unrealized holding gains | $ | 3,500 | $ | (1,405) | $ | 2,095
Less: accretable yield recognized in income |  | 406 |  | (163) |  | 243
Net unrealized gains on investments with OTTI |  | 3,094 |  | (1,242) |  | 1,852
Available for sale securities – all other: |  |  |  |  |  |
Unrealized holding losses |  | (10,520) |  | 4,225 |  | (6,295)
Less: gains recognized in income |  | 124 |  | (50) |  | 74
Net unrealized losses on all other AFS securities |  | (10,644) |  | 4,275 |  | (6,369)
Cash flow hedges: |  |  |  |  |  |
Unrealized holding gains |  | 301 |  | (121) |  | 180
Pension Plan: |  |  |  |  |  |
Unrealized net actuarial gain |  | 499 |  | (200) |  | 299
Less: amortization of unrecognized loss |  | (399) |  | 160 |  | (239)
Less: amortization of transition asset |  | 30 |  | (12) |  | 18
Less: amortization of prior service costs |  | (9) |  | 4 |  | (5)
Net pension plan liability adjustment |  | 877 |  | (352) |  | 525
SERP: |  |  |  |  |  |
Unrealized net actuarial loss |  | 0 |  | 0 |  | 0
Less: amortization of unrecognized loss |  | (3) |  | 1 |  | (2)
Less: amortization of prior service costs |  | (15) |  | 6 |  | (9)
Net SERP liability adjustment |  | 18 |  | (7) |  | 11
Other comprehensive loss | $ | (6,354) | $ | 2,553 | $ | (3,801)
For the nine months ended September 30, 2012 |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |
Unrealized holding gains | $ | 692 | $ | (312) | $ | 380
Less: accretable yield recognized in income |  | 346 |  | (139) |  | 207
Net unrealized gains on investments with OTTI |  | 346 |  | (173) |  | 173
Available for sale securities – all other: |  |  |  |  |  |
Unrealized holding gains |  | 2,077 |  | (843) |  | 1,234
Less: gains recognized in income |  | 562 |  | (227) |  | 335
Net unrealized gains on all other AFS securities |  | 1,515 |  | (616) |  | 899
Cash flow hedges: |  |  |  |  |  |
Unrealized holding gains |  | 88 |  | (36) |  | 52
Other comprehensive income | $ | 1,949 | $ | (825) | $ | 1,124
Components of Comprehensive Income (in thousands) | Before Tax Amount | Tax (Expense) Benefit | Net
For the three months ended September 30, 2013 |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |
Unrealized holding gains | $ | 882 | $ | (354) | $ | 528
Less: accretable yield recognized in income |  | 140 |  | (56) |  | 84
Net unrealized gains on investments with OTTI |  | 742 |  | (298) |  | 444
Available for sale securities – all other: |  |  |  |  |  |
Unrealized holding losses |  | (1,174) |  | 472 |  | (702)
Less: gains recognized in income |  | (103) |  | 41 |  | (62)
Net unrealized losses on all other AFS securities |  | (1,071) |  | 431 |  | (640)
Cash flow hedges: |  |  |  |  |  |
Unrealized holding gains |  | 71 |  | (29) |  | 42
Pension Plan: |  |  |  |  |  |
Unrealized net actuarial loss |  | 599 |  | (241) |  | 358
Less: amortization of unrecognized loss |  | (133) |  | 53 |  | (80)
Less: amortization of transition asset |  | 10 |  | (4) |  | 6
Less: amortization of prior service costs |  | (3) |  | 1 |  | (2)
Net pension plan liability adjustment |  | 725 |  | (291) |  | 434
SERP: |  |  |  |  |  |
Unrealized net actuarial loss |  | 0 |  | 0 |  | 0
Less: amortization of unrecognized loss |  | (1) |  | 0 |  | (1)
Less: amortization of prior service costs |  | (5) |  | 2 |  | (3)
Net SERP liability adjustment |  | 6 |  | (2) |  | 4
Other comprehensive income | $ | 473 | $ | (189) | $ | 284
For the three months ended September 30, 2012 |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |
Unrealized holding gains | $ | 511 | $ | (239) | $ | 272
Less: accretable yield recognized in income |  | 122 |  | (49) |  | 73
Net unrealized gains on investments with OTTI |  | 389 |  | (190) |  | 199
Available for sale securities – all other: |  |  |  |  |  |
Unrealized holding gains |  | 1,102 |  | (450) |  | 652
Less: losses recognized in income |  | (37) |  | 15 |  | (22)
Net unrealized gains on all other AFS securities |  | 1,139 |  | (465) |  | 674
Cash flow hedges: |  |  |  |  |  |
Unrealized holding gains |  | 9 |  | (4) |  | 5
Other comprehensive income | $ | 1,537 | $ | (659) | $ | 878
The following table presents the details of accumulated other comprehensive income components for the nine- and three-month periods ended September 30, 2013:
| Amount Reclassified from Accumulated Other Comprehensive Income |  |
Details of Accumulated Other Comprehensive Income Components (in thousands) | For the nine months ended September 30, 2013 | For the three months ended September 30, 2013 |  | Affected Line Item in the Statement Where Net Income is Presented
Unrealized gains and losses on investment securities with OTTI: |  |  |  |  |  |
Accretable Yield | $ | 406 | $ | 140 |  | Interest income on taxable investment securities
Taxes |  | (163) |  | (56) |  | Tax expense
| $ | 243 | $ | 84 |  | Net of tax
Unrealized gains and losses on available for sale investment securities - all others: |  |  |  |  |  |
Gains/(losses) on sales | $ | 124 | $ | (103) |  | Net gains - other
Taxes |  | (50) |  | 41 |  | (Tax expense)/benefit
| $ | 74 | $ | (62) |  | Net of tax
Net pension plan liability adjustment: |  |  |  |  |  |
Amortization of unrecognized loss |  | (399) |  | (133) |  | Salaries and employee benefits
Amortization of transition asset |  | 30 |  | 10 |  | Salaries and employee benefits
Amortization of prior service costs |  | (9) |  | (3) |  | Salaries and employee benefits
Taxes |  | 152 |  | 50 |  | Tax benefit
| $ | (226) | $ | (76) |  |
Net SERP liability adjustment: |  |  |  |  |  |
Amortization of unrecognized loss |  | (3) |  | (1) |  | Salaries and employee benefits
Amortization of prior service costs |  | (15) |  | (5) |  | Salaries and employee benefits
Taxes |  | 7 |  | 2 |  | Tax benefit
| $ | (11) | $ | (4) |  |
Total reclassifications for the period | $ | 80 | $ | (58) |  | Net of tax

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e637-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e681-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e689-108580 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=28358780&loc=SL7669619-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e640-108580 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e716-108580 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e709-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 + Details
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