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Accumulated Other Comprehensive Loss (AOCL) (Tables) | 12 Months Ended
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Dec. 31, 2014
Accumulated Other Comprehensive Loss ("AOCL") [Abstract] |
Schedule of Accumulated Other Comprehensive Loss | The following table presents the changes in each component of accumulated other comprehensive loss for the years ended December 31, 2014 and 2013:
| Investment | Investment |  | Investment |  |  |  |  |  |  |  |
| securities- | securities- |  | securities- | Cash Flow | Pension |  |  |  |
(in thousands) | with OTTI AFS | all other AFS |  | HTM | Hedge | 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 loss |  | (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 |  | 4,349 |  | 8,712 |  | (2,395) |  | 155 |  | (6,513) |  | (319) |  | 3,989
Amounts reclassified from accumulated other comprehensive loss |  | (405) |  | 25 |  | 140 |  | 0 |  | 209 |  | 22 |  | (9)
Balance - December 31, 2014 | $ | (3,679) | $ | (2,555) | $ | (2,255) | $ | (119) | $ | (11,392) | $ | (233) | $ | (20,233)
Components of Comprehensive Income | The following tables present the components of other comprehensive income/(loss) for the years ended December 31, 2014 and 2013:
Components of Other Comprehensive Income (in thousands) | Before Tax Amount | Tax (Expense) Benefit | Net
For the year ended December 31, 2014 |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |
Unrealized holding gains | $ | 7,234 | $ | (2,885) | $ | 4,349
Less: accretable yield recognized in income |  | 674 |  | (269) |  | 405
Net unrealized gains on investments with OTTI |  | 6,560 |  | (2,616) |  | 3,944
Available for sale securities – all other: |  |  |  |  |  |
Unrealized holding gains |  | 14,501 |  | (5,789) |  | 8,712
Less: losses recognized in income |  | (41) |  | 16 |  | (25)
Net unrealized gains on all other AFS securities |  | 14,542 |  | (5,805) |  | 8,737
Held to maturity securities: |  |  |  |  |  |
Unrealized holding losses |  | (3,984) |  | 1,589 |  | (2,395)
Less: amortization recognized in income |  | (233) |  | 93 |  | (140)
Net unrealized losses on HTM securities |  | (3,751) |  | 1,496 |  | (2,255)
Cash flow hedges: |  |  |  |  |  |
Unrealized holding gains |  | 258 |  | (103) |  | 155
Pension Plan: |  |  |  |  |  |
Unrealized net actuarial loss |  | (10,833) |  | 4,320 |  | (6,513)
Less: amortization of unrecognized loss |  | (374) |  | 149 |  | (225)
Less: amortization of transition asset |  | 39 |  | (16) |  | 23
Less: amortization of prior service costs |  | (12) |  | 5 |  | (7)
Net pension plan liability adjustment |  | (10,486) |  | 4,182 |  | (6,304)
SERP: |  |  |  |  |  |
Unrealized net actuarial loss |  | (531) |  | 212 |  | (319)
Less: amortization of unrecognized loss |  | (17) |  | 7 |  | (10)
Less: amortization of prior service costs |  | (20) |  | 8 |  | (12)
Net SERP liability adjustment |  | (494) |  | 197 |  | (297)
Other comprehensive income | $ | 6,629 | $ | (2,649) | $ | 3,980
Components of Other Comprehensive Loss (in thousands) | Before Tax Amount | Tax (Expense) Benefit | Net
For the year ended December 31, 2013 |  |  |  |  |  |
Available for sale (AFS) securities with OTTI: |  |  |  |  |  |
Unrealized holding gains | $ | 4,626 | $ | (1,891) | $ | 2,735
Less: accretable yield recognized in income |  | 537 |  | (215) |  | 322
Net unrealized gains on investments with OTTI |  | 4,089 |  | (1,676) |  | 2,413
Available for sale securities – all other: |  |  |  |  |  |
Unrealized holding losses |  | (13,879) |  | 5,600 |  | (8,279)
Less: gains recognized in income |  | 78 |  | (31) |  | 47
Net unrealized losses on all other AFS securities |  | (13,957) |  | 5,631 |  | (8,326)
Cash flow hedges: |  |  |  |  |  |
Unrealized holding gains |  | 392 |  | (159) |  | 233
Pension Plan: |  |  |  |  |  |
Unrealized net actuarial gain |  | 4,790 |  | (1,919) |  | 2,871
Less: amortization of unrecognized loss |  | (532) |  | 213 |  | (319)
Less: amortization of transition asset |  | 39 |  | (16) |  | 23
Less: amortization of prior service costs |  | (12) |  | 5 |  | (7)
Net pension plan liability adjustment |  | 5,295 |  | (2,121) |  | 3,174
SERP: |  |  |  |  |  |
Unrealized net actuarial gain |  | 170 |  | (68) |  | 102
Less: amortization of unrecognized loss |  | (3) |  | 1 |  | (2)
Less: amortization of prior service costs |  | (20) |  | 8 |  | (12)
Net SERP liability adjustment |  | 193 |  | (77) |  | 116
Other comprehensive loss | $ | (3,988) | $ | 1,598 | $ | (2,390)
Reclassification out of Accumulated Other Comprehensive Income | The following tables present the details of accumulated other comprehensive income components for the years ended December 31, 2014 and 2013:
| Amount Reclassified from Accumulated Other Comprehensive Income |  |
Details of Accumulated Other Comprehensive Income Components (in thousands) | 2014 |  | Affected Line Item in the Statement Where Net Income is Presented
Net unrealized gains on investment securities with OTTI: |  |  |  |
Accretable Yield | $ | 674 |  | Interest income on taxable investment securities
Taxes |  | (269) |  | Tax expense
| $ | 405 |  | Net of tax
Net unrealized gains on available for sale investment securities - all other: |  |  |  |
Losses on sales | $ | (41) |  | Net gains - other
Taxes |  | 16 |  | Tax benefit
| $ | (25) |  | Net of tax
Net unrealized losses on held to maturity investment securities: |  |  |  |
Amortization | $ | (233) |  | Interest income on taxable investment securities
Taxes |  | 93 |  | Tax benefit
| $ | (140) |  | Net of tax
Net pension plan liability adjustment: |  |  |  |
Amortization of unrecognized loss |  | (374) |  | Salaries and employee benefits
Amortization of transition asset |  | 39 |  | Salaries and employee benefits
Amortization of prior service costs |  | (12) |  | Salaries and employee benefits
Taxes |  | 138 |  | Tax benefit
| $ | (209) |  | Net of tax
Net SERP liability adjustment: |  |  |  |
Amortization of unrecognized loss |  | (17) |  | Salaries and employee benefits
Amortization of prior service costs |  | (20) |  | Salaries and employee benefits
Taxes |  | 15 |  | Tax benefit
| $ | (22) |  | Net of tax
Total reclassifications for the period | $ | 9 |  | Net of tax
| Amount Reclassified from Accumulated Other Comprehensive Income |  |
Details of Accumulated Other Comprehensive Income Components (in thousands) | 2013 |  | Affected Line Item in the Statement Where Net Income is Presented
Net unrealized gains on investment securities with OTTI: |  |  |  |
Accretable Yield | $ | 537 |  | Interest income on taxable investment securities
Taxes |  | (215) |  | Tax expense
| $ | 322 |  | Net of tax
Net unrealized gains on available for sale investment securities - all other: |  |  |  |
Gains on sales | $ | 78 |  | Net gains - other
Taxes |  | (31) |  | Tax expense
| $ | 47 |  | Net of tax
Net pension plan liability adjustment: |  |  |  |
Amortization of unrecognized loss |  | (532) |  | Salaries and employee benefits
Amortization of transition asset |  | 39 |  | Salaries and employee benefits
Amortization of prior service costs |  | (12) |  | Salaries and employee benefits
Taxes |  | 202 |  | Tax benefit
| $ | (303) |  | Net of tax
Net SERP liability adjustment: |  |  |  |
Amortization of unrecognized loss |  | (3) |  | Salaries and employee benefits
Amortization of prior service costs |  | (20) |  | Salaries and employee benefits
Taxes |  | 9 |  | Tax benefit
| $ | (14) |  | Net of tax
Total reclassifications for the period | $ | 52 |  | 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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