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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2014
Accumulated Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss

12. 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 June 30, 2014 and 2013 (in thousands):

                         
    Three months ended June 30, 2014   Three months ended June 30, 2013
     Net Unrealized Gains and Losses on Investment Securities AFS(1)   Defined Benefit Pension Items(1)   Total(1)   Net Unrealized Gains and Losses on Investment Securities AFS(1)   Defined Benefit Pension Items(1)   Total(1)
Beginning balance   $ 1,345     $ (6,659 )    $ (5,314 )    $ 3,774     $ (9,197 )    $ (5,423 ) 
Other comprehensive income before Reclassifications     684       -       684       (2,060 )      -       (2,060 ) 
Amounts reclassified from accumulated other comprehensive loss     (79 )      -       (79 )      -       220       220  
Net current period other comprehensive income (loss)     605       -       605       (2,060 )      220       (1,840 ) 
Ending balance   $ 1,950     $ (6,659 )    $ (4,709 )    $ 1,714     $ (8,977 )    $ (7,263 ) 
  (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 six months ended June 30, 2014 and 2013 (in thousands):

                         
    Six months ended June 30, 2014   Six months ended June 30, 2013
     Net Unrealized Gains and Losses on Investment Securities AFS(1)   Defined Benefit Pension Items(1)   Total(1)   Net Unrealized Gains and Losses on Investment Securities AFS(1)   Defined Benefit Pension Items(1)   Total(1)
Beginning balance   $ 1,043     $ (6,918 )    $ (5,875 )    $ 4,141     $ (9,520 )    $ (5,379 ) 
Other comprehensive income before Reclassifications     1,024       259       1,283       (2,380 )      103       (2,277 ) 
Amounts reclassified from accumulated other comprehensive loss     (117 )      -       (117 )      (47 )      440       393  
Net current period other comprehensive income (loss)     907       259       1,166       (2,427 )      543       (1,884 ) 
Ending balance   $ 1,950     $ (6,659 )    $ (4,709 )    $ 1,714     $ (8,977 )    $ (7,263 ) 
  (1) Amounts in parentheses indicate debits.

The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the three months ended June 30, 2014 and 2013 (in thousands):

             
    Amount reclassified from accumulated other comprehensive loss(1)    
Details about accumulated other comprehensive loss components   For the three months ended
June 30, 2014
  For the three months ended
June 30, 2013
  Affected line item in the
statement of operations
Unrealized gains and losses on sale of securities
                          
     $ (120 )    $ -       Net realized gains on investment securities  
       41       -       Provision for income tax expense  
     $ (79 )    $ -       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       Pretax income  
       -       (114 )      Provision for income tax expense  
     $ -     $ 220       Net income  
Total reclassifications for the period   $ (79 )    $ 220       Net income  
  (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).

The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the six months ended June 30, 2014 and 2013 (in thousands):

             
    Amount reclassified from accumulated other comprehensive loss(1)    
Details about accumulated other comprehensive loss components   For the six months ended June 30, 2014   For the six months ended June 30, 2013   Affected line item in the
statement of operations
Unrealized gains and losses on sale of securities
                          
     $ (177 )    $ (71 )      Net realized gains on investment securities  
       60       24       Provision for income tax expense  
     $ (117 )    $ (47 )      Net of tax  
Amortization of defined benefit items(2)
                          
Estimated net loss   $ -     $ 682       Salaries and employee benefits  
Prior service cost     -       (10 )      Salaries and employee benefits  
Transition asset     -       (4 )      Salaries and employee benefits  
       -       668       Pretax income  
       -       (228 )      Provision for income tax expense  
     $ -     $ 440       Net income  
Total reclassifications for the period   $ (117 )    $ 393       Net income  
  (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).