Accumulated Other Comprehensive Loss (Tables)
 3 Months Ended
Mar. 31, 2013
Accumulated Other Comprehensive Loss [Abstract]  
Schedule of Accumulated Other Comprehensive Loss [Table Text Block]

The following table presents the changes in each component of accumulated other comprehensive loss for the 12 months ended December 31, 2012 and the three months ended March 31, 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 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)

 

Components of Comprehensive Income [Table Text Block]

 

 

 

 

 

 

 

Components of Comprehensive Income (in thousands)

Before Tax Amount

Tax (Expense) Benefit

Net

For the period ended March 31, 2013

 

 

 

 

 

 

Available for sale (AFS) securities with OTTI:

 

 

 

 

 

 

   Unrealized holding gains

$
1,788 

$
(718)

$
1,070 

   Less:  accretable yield recognized in income

 
125 

 
(50)

 
75 

Net unrealized gains on investments with OTTI

 
1,663 

 
(668)

 
995 

 

 

 

 

 

 

 

Available for sale securities – all other:

 

 

 

 

 

 

   Unrealized holding losses

 
(195)

 
79 

 
(116)

   Less:  gains recognized in income

 
250 

 
(101)

 
149 

Net unrealized losses on all other AFS securities

 
(445)

 
180 

 
(265)

 

 

 

 

 

 

 

Cash flow hedges:

 

 

 

 

 

 

Unrealized holding gains

 
101 

 
(41)

 
60 

 

 

 

 

 

 

 

Pension Plan:

 

 

 

 

 

 

Unrealized net actuarial gain

 
1,069 

 
(430)

 
639 

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

 
1,195 

 
(480)

 
715 

 

 

 

 

 

 

 

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 

$
2,520 

$
(1,011)

$
1,509 

 

 

 

 

 

 

 

For the period ended March 31, 2012

 

 

 

 

 

 

Available for sale (AFS) securities with OTTI:

 

 

 

 

 

 

   Unrealized holding gains

$
440 

$
(177)

$
263 

   Less:  accretable yield recognized in income

 
112 

 
(45)

 
67 

Net unrealized gains on investments with OTTI

 
328 

 
(132)

 
196 

 

 

 

 

 

 

 

Available for sale securities – all other:

 

 

 

 

 

 

   Unrealized holding gains

 
393 

 
(158)

 
235 

   Less:  gains recognized in income

 
599 

 
(242)

 
357 

Net unrealized losses on all other AFS securities

 
(206)

 
84 

 
(122)

 

 

 

 

 

 

 

Cash flow hedges:

 

 

 

 

 

 

Unrealized holding gains

 
46 

 
(19)

 
27 

 

 

 

 

 

 

 

Other comprehensive income 

$
168 

$
(67)

$
101 

 

Schedule of Reclassifications From Accumulated Other Comprehensive Income [Table Text Block]

 

 

 

 

 

Details of Accumulated Other Comprehensive Income Components (in thousands)

Amount Reclassified from Accumulated Other Comprehensive Income

 

Affected Line Item in the Statement Where Net Income is Presented

Unrealized gains and losses on investment securities with OTTI:

 

 

 

 

    Accretable Yield

$
125 

 

Interest income on taxable investment securities

    Taxes

 
(50)

 

Tax expense

 

$
75 

 

Net of tax

Unrealized gains and losses on available for sale investment securities - all others:

 

 

 

 

    Gains on sales

$
250 

 

Net gains - other

    Taxes

 
(101)

 

Tax expense

 

$
149 

 

Net of tax

 

 

 

 

 

Net pension plan liability adjustment:

 

 

 

 

    Amortization of unrecognized loss

 
(133)

 

Salaries and employee benefits

    Amortization of transition asset

 
10 

 

Salaries and employee benefits

    Amortization of prior service costs

 
(3)

 

Salaries and employee benefits

    Taxes

 
50 

 

Tax benefit

 

$
(76)

 

 

Net SERP liability adjustment:

 

 

 

 

    Amortization of unrecognized loss

 
(1)

 

Salaries and employee benefits

    Amortization of prior service costs

 
(5)

 

Salaries and employee benefits

    Taxes

 
2 

 

Tax benefit

 

$
(4)

 

 

 

 

 

 

 

Total reclassifications for the period

$
144 

 

Net of tax