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Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended
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Sep. 30, 2014
Accumulated Other Comprehensive Loss [Abstract] |
Schedule of 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, 2013 and each of the three-month periods ended March 31, 2014, June 30, 2014 and September 30, 2014:
(in thousands) | Investment securities- with OTTI AFS | Investment securities- all other AFS |  | Investment securities- HTM | Cash Flow Hedge | Pension Plan | SERP | Total
Accumulated OCL, net: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance - January 1, 2013 | $ | (10,036) | $ | (2,966) | $ | 0 | $ | (507) | $ | (8,262) | $ | (52) | $ | (21,823)
Other comprehensive income/(loss) before reclassifications |  | 2,735 |  | (8,279) |  | 0 |  | 233 |  | 2,871 |  | 102 |  | (2,338)
Amounts reclassified from accumulated other comprehensive income |  | (322) |  | (47) |  | 0 |  | 0 |  | 303 |  | 14 |  | (52)
Balance - December 31, 2013 | $ | (7,623) | $ | (11,292) | $ | 0 | $ | (274) | $ | (5,088) | $ | 64 | $ | (24,213)
Other comprehensive income/(loss) before reclassifications |  | 2,730 |  | 2,995 |  | 0 |  | 55 |  | (179) |  | 0 |  | 5,601
Amounts reclassified from accumulated other comprehensive income |  | (96) |  | 41 |  | 0 |  | 0 |  | 52 |  | 1 |  | (2)
Balance – March 31, 2014 | $ | (4,989) | $ | (8,256) | $ | 0 | $ | (219) | $ | (5,215) | $ | 65 | $ | (18,614)
Other comprehensive income/(loss) before reclassifications |  | 511 |  | 5,254 |  | (2,391) |  | 56 |  | 112 |  | 0 |  | 3,542
Amounts reclassified from accumulated other comprehensive income |  | (103) |  | 52 |  | 19 |  | 0 |  | 52 |  | 0 |  | 20
Balance – June 30, 2014 | $ | (4,581) | $ | (2,950) | $ | (2,372) | $ | (163) | $ | (5,051) | $ | 65 | $ | (15,052)
Other comprehensive income/(loss) before reclassifications |  | 448 |  | 1 |  | 0 |  | 26 |  | (739) |  | 0 |  | (264)
Amounts reclassified from accumulated other comprehensive income |  | (102) |  | (88) |  | 57 |  | 0 |  | 52 |  | 0 |  | (81)
Balance - September 30,2014 | $ | (4,235) | $ | (3,037) | $ | (2,315) | $ | (137) | $ | (5,738) | $ | 65 | $ | (15,397)
Components of Comprehensive Income | The following tables present the components of comprehensive income for the nine- and three-month periods ended September 30, 2014 and 2013:
Components of Comprehensive Income (in thousands) | Before Tax Amount | Tax (Expense) Benefit | Net
For the nine months ended September 30, 2014 |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |
Unrealized holding gains | $ | 6,149 | $ | (2,460) | $ | 3,689
Less: accretable yield recognized in income |  | 501 |  | (200) |  | 301
Net unrealized gains on investments with OTTI |  | 5,648 |  | (2,260) |  | 3,388
Available for sale securities – all other: |  |  |  |  |  |
Unrealized holding gains |  | 13,746 |  | (5,496) |  | 8,250
Less: losses recognized in income |  | (7) |  | 2 |  | (5)
Net unrealized gains on all other AFS securities |  | 13,753 |  | (5,498) |  | 8,255
Held to maturity securities: |  |  |  |  |  |
Unrealized holding losses |  | (3,984) |  | 1,593 |  | (2,391)
Less: amortization recognized in income |  | (127) |  | 51 |  | (76)
Net unrealized losses on HTM securities |  | (3,857) |  | 1,542 |  | (2,315)
Cash flow hedges: |  |  |  |  |  |
Unrealized holding gains |  | 229 |  | (92) |  | 137
Pension Plan: |  |  |  |  |  |
Unrealized net actuarial loss |  | (1,345) |  | 539 |  | (806)
Less: amortization of unrecognized loss |  | (280) |  | 112 |  | (168)
Less: amortization of transition asset |  | 30 |  | (12) |  | 18
Less: amortization of prior service costs |  | (9) |  | 3 |  | (6)
Net pension plan liability adjustment |  | (1,086) |  | 436 |  | (650)
SERP: |  |  |  |  |  |
Unrealized net actuarial loss |  | 0 |  | 0 |  | 0
Less: amortization of unrecognized gain |  | 13 |  | (5) |  | 8
Less: amortization of prior service costs |  | (15) |  | 6 |  | (9)
Net SERP liability adjustment |  | 2 |  | (1) |  | 1
Other comprehensive income | $ | 14,689 | $ | (5,873) | $ | 8,816
Components of Comprehensive Income/(Loss) (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)
Components of Comprehensive Income (in thousands) | Before Tax Amount | Tax (Expense) Benefit | Net
For the three months ended September 30, 2014 |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |
Unrealized holding gains | $ | 748 | $ | (300) | $ | 448
Less: accretable yield recognized in income |  | 170 |  | (68) |  | 102
Net unrealized gains on investments with OTTI |  | 578 |  | (232) |  | 346
Available for sale securities – all other: |  |  |  |  |  |
Unrealized holding gains |  | 3 |  | (2) |  | 1
Less: losses recognized in income |  | 147 |  | (59) |  | 88
Net unrealized losses on all other AFS securities |  | (144) |  | 57 |  | (87)
Held to maturity securities: |  |  |  |  |  |
Unrealized holding losses |  | 0 |  | 0 |  | 0
Less: amortization recognized in income |  | (95) |  | 38 |  | (57)
Net unrealized gains on HTM securities |  | 95 |  | (38) |  | 57
Cash flow hedges: |  |  |  |  |  |
Unrealized holding gains |  | 44 |  | (18) |  | 26
Pension Plan: |  |  |  |  |  |
Unrealized net actuarial loss |  | (1,233) |  | 494 |  | (739)
Less: amortization of unrecognized loss |  | (93) |  | 37 |  | (56)
Less: amortization of transition asset |  | 10 |  | (4) |  | 6
Less: amortization of prior service costs |  | (3) |  | 1 |  | (2)
Net pension plan liability adjustment |  | (1,147) |  | 460 |  | (687)
SERP: |  |  |  |  |  |
Unrealized net actuarial loss |  | 0 |  | 0 |  | 0
Less: amortization of unrecognized gain |  | 4 |  | (1) |  | 3
Less: amortization of prior service costs |  | (5) |  | 2 |  | (3)
Net SERP liability adjustment |  | 1 |  | (1) |  | 0
Other comprehensive loss | $ | (573) | $ | 228 | $ | (345)
Components of Comprehensive Income/(Loss) (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 gain |  | 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
Reclassification Out of Accumulated Other Comprehensive Income | The following table presents the details of accumulated other comprehensive income components for the nine- and three-month periods ended September 30, 2014:
| Amount Reclassified from Accumulated Other Comprehensive Income |  |
Details of Accumulated Other Comprehensive Income Components (in thousands) | For the Nine months ended September 30, 2014 | For the Three months ended September 30, 2014 |  | Affected Line Item in the Statement Where Net Income is Presented
Unrealized gains and losses on investment securities with OTTI: |  |  |  |  |  |
Accretable Yield | $ | 501 | $ | 170 |  | Interest income on taxable investment securities
Taxes |  | (200) |  | (68) |  | Tax benefit
| $ | 301 | $ | 102 |  | Net of tax
Unrealized gains and losses on available for sale investment securities - all others: |  |  |  |  |  |
(Gains)/losses on sales | $ | (7) | $ | 147 |  | Net gains - other
Taxes |  | 2 |  | (59) |  | Tax expense/(benefit)
| $ | (5) | $ | 88 |  | Net of tax
Unrealized gains and losses on held to maturity securities: |  |  |  |  |  |
Amortization | $ | (127) | $ | (95) |  | Interest income on taxable investment securities
Taxes |  | 51 |  | 38 |  | Tax expense
| $ | (76) | $ | (57) |  | Net of tax
Net pension plan liability adjustment: |  |  |  |  |  |
Amortization of unrecognized loss |  | (280) |  | (93) |  | 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 |  | 103 |  | 34 |  | Tax expense
| $ | (156) | $ | (52) |  | Net of tax
Net SERP liability adjustment: |  |  |  |  |  |
Amortization of unrecognized gain |  | 13 |  | 4 |  | Salaries and employee benefits
Amortization of prior service costs |  | (15) |  | (5) |  | Salaries and employee benefits
Taxes |  | 1 |  | 1 |  | Tax expense
| $ | (1) | $ | 0 |  | Net of tax
Total reclassifications for the period | $ | 63 | $ | 81 |  | Net of tax

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=28358780&loc=SL7669686-108580 + Details
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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e526-108580 + Details
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