Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2014

Accumulated Comprehensive Loss [Abstract]

Changes in Each Component of Accumulated Other Comprehensive Loss

The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the three months ended March 31, 2014 (in thousands):


Three months ended March 31, 2014	Net Unrealized Gains and Losses on Investment Securities AFS⁽¹⁾			Defined Benefit Pension Items⁽¹⁾			Total⁽¹⁾
Balance at January 1, 2014	$	1,043		$	(6,918	)	$	(5,875	)
Other comprehensive income before reclassifications		339			259			598
Amounts reclassified from accumulated other comprehensive loss		(37	)		-			(37	)
Net current period other comprehensive income		302			259			561
Balance at March 31, 2014	$	1,345		$	(6,659	)	$	(5,314	)

(1)

Amounts in parentheses indicate debits.

The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the three months ended March 31, 2013 (in thousands):


Three months ended March 31, 2013	Net Unrealized Gains and Losses on Investment Securities AFS⁽¹⁾			Defined Benefit Pension Items⁽¹⁾			Total⁽¹⁾
Balance at January 1, 2013	$	4,141		$	(9,520	)	$	(5,379	)
Other comprehensive income before reclassifications		(320	)		103			(217	)
Amounts reclassified from accumulated other comprehensive loss		(47	)		220			173
Net current period other comprehensive income		(367	)		323			(44	)
Balance at March 31, 2013	$	3,774		$	(9,197	)	$	(5,423	)

(1)

Amounts in parentheses indicate debits.

Amounts Reclassified out of Each Component of Accumulated Other Comprehensive Loss

The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the three months ended March 31, 2014 (in thousands):


Details about accumulated other comprehensive loss components	Amount reclassified from accumulated other comprehensive loss⁽¹⁾			Affected line item in the statement of operations
Unrealized gains and losses on sale of securities	$	(57	)		Net realized gains on investment securities
		20			Provision for income tax expense
	$	(37	)		Net of tax
Total reclassifications for the period	$	(37	)		Net of tax

(1)

Amounts in parentheses indicate credits.

The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the three months ended March 31, 2013 (in thousands):


Details about accumulated other comprehensive loss components	Amount reclassified from accumulated other comprehensive loss⁽¹⁾			Affected line item in the statement of operations
Unrealized gains and losses on sale of securities
	$	(71	)		Net realized gains on investment securities
		24			Provision for income tax expense
	$	(47	)		Net of tax
Amortization of defined benefit items⁽²⁾
Estimated net loss	$	341			Salaries and employee benefits
Prior service cost		(5	)		Salaries and employee benefits
Transition asset		(2	)		Salaries and employee benefits
		334			Total before tax
		(114	)		Provision for income tax expense
	$	220			Net of tax
Total reclassifications for the period	$	(173	)		Net of tax

(1)

Amounts in parentheses indicate credits.

(2)

These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 16 for additional details).