Shareholders' Equity

3 Months Ended

Mar. 31, 2012

Shareholders' Equity

Shareholders' Equity

Note 9. Shareholders’ Equity

The components of AOCI at March 31, 2012 and December 31, 2011 are as follows:

	March 31,		December 31,
(in thousands)	2012		2011
Net unrealized gain on securities available-for-sale	$	81,162	$	73,235
Net unrealized gain on cash flow hedges	180		222
Pension liability adjustment	—		(1,085		)
Total accumulated other comprehensive income	$	81,342	$	72,372

The following table summarizes the Company’s share repurchases for the three months ended March 31, 2012. All repurchases relate to shares withheld or previously owned shares used to pay taxes due upon vesting of restricted stock. There were no issuer repurchases of the Corporation’s common stock as part of its repurchase plan for the three months ended March 31, 2012.

Period	Total Number of Shares (or Units) Purchased	Average Price Paid per Share (or Unit)
January 1, 2012 to January 31, 2012	148	$	48.86
February 1, 2012 to February 29, 2012	25,029	47.69
March 1, 2012 to March 31, 2012	13,817	46.12
	38,994	47.14

At March 31, 2012, the Corporation had 1.1 million shares of common stock reserved for issuance and 0.6 million shares of unvested restricted stock (excluding restricted stock units) granted to employees and directors under share-based compensation programs.