Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2013

Accumulated Other Comprehensive Income (Loss) [Abstract]

Changes in the Components of Accumulated Other Comprehensive Income (Loss), Net of Tax

Changes in the components of accumulated other comprehensive income (loss) (“AOCI”), net of tax, for the periods indicated are summarized in the table below.

	For the three months ended September 30, 2013
	Retirement Plans			Unrealized Gains and Losses on Financial Derivative			Unrealized Gains and Losses on Available-for-Sale Securities			Unrealized Loss on Securities Transferred to Held-to-Maturity			Total
Beginning balance	$	(2,651	)	$	(91	)	$	(473	)	$	-		$	(3,215	)
Other comprehensive income (loss) before reclassifications		-			(5	)		844			(799	)		40
Amounts reclassified from AOCI		57			9			(10	)		-			56
Ending balance	$	(2,594	)	$	(87	)	$	361		$	(799	)	$	(3,119	)
	For the nine months ended September 30, 2013
	Retirement Plans			Unrealized Gains and Losses on Financial Derivative			Unrealized Gains and Losses on Available-for-Sale Securities			Unrealized Loss on Securities Transferred to Held-to-Maturity			Total
Beginning balance	$	(2,765	)	$	(117	)	$	1,564		$	-		$	(1,318	)
Other comprehensive income (loss) before reclassifications		-			2			(1,133	)		(799	)		(1,930	)
Amounts reclassified from AOCI		171			28			(70	)		-			129
Ending balance	$	(2,594	)	$	(87	)	$	361		$	(799	)	$	(3,119	)

	For the three months ended September 30, 2012
	Retirement Plans			Unrealized Gains and Losses on Financial Derivative			Unrealized Gains and Losses on Available-for-Sale Securities			Unrealized Loss on Securities Transferred to Held-to-Maturity		Total
Beginning balance	$	(2,322	)	$	(124	)	$	1,344		$	-	$	(1,102	)
Other comprehensive income (loss) before reclassifications		-			(10	)		563			-		553
Amounts reclassified from AOCI		47			8			(11	)		-		44
Ending balance	$	(2,275	)	$	(126	)	$	1.896		$	-	$	(505	)
	For the nine months ended September 30, 2012
	Retirement Plans			Unrealized Gains and Losses on Financial Derivative			Unrealized Gains and Losses on Available-for-Sale Securities			Unrealized Loss on Securities Transferred to Held-to-Maturity		Total
Beginning balance	$	(3,617	)	$	(120	)	$	1,073		$	-	$	(2,664	)
Other comprehensive income (loss) before reclassifications		1,151			(32	)		931			-		2,050
Amounts reclassified from AOCI		191			26			(108	)		-		109
Ending balance	$	(2,275	)	$	(126	)	$	1,896		$	-	$	(505	)

Schedule of Amounts Reclassified Out of Each Component of AOCI

The following table presents the amounts reclassified out of each component of AOCI for the indicated period:

	For the three months ended September 30, 2013				For the nine months ended September 30, 2013
Details about AOCI components	Amount Reclassified from AOCI1			Affected Line Item in the Statement  of Income	Amount Reclassified from AOCI1			Affected Line Item in the Statement  of Income
Unrealized holding gain on financial derivative:
Reclassification adjustment for
interest expense included in net income	$	(15	)	Interest on long term borrowings	$	(46	)	Interest on long term borrowings
		6		Provision for income taxes		18		Provision for income taxes
	$	(9	)	Net Income	$	(28	)	Net Income
Retirement plan items
Retirement plan net losses
recognized in plan expenses2	$	(95	)	Salaries and employee benefits	$	(286	)	Salaries and employee benefits
		38		Provision for income taxes		115		Provision for income taxes
	$	(57	)	Net Income	$	(171	)	Net Income
Available-for-sale securities
Realized gain on sale of securities	$	(17	)	Net gains on sales and redemptions of investment securities	$	(116	)	Net gains on sales and redemptions of investment securities
		7		Provision for income taxes		46		Provision for income taxes
	$	(10	)	Net Income	$	(70	)	Net Income
1 Amounts in parentheses indicates debits in net income.
2 These items are included in net periodic pension cost.
See Note 5 for additional information.