Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Components of Accumulated Other Comprehensive Income

The activity in accumulated other comprehensive income for the three months ended March 31, 2015 and 2014 is as follows:

	Accumulated Other Comprehensive Income(1)
(unaudited, in thousands)	Defined Benefit Pension Plan			Unrealized Gains (Losses) on Securities Available-for-Sale			Unrealized Gains on Securities Transferred from Available-for- Sale to Held-to-Maturity			Total
Balance at December 31, 2014	$	(22,776	)	$	2,892		$	1,059		$	(18,825	)
Other comprehensive income before reclassifications		—			4,804			—			4,804
Amounts reclassified from accumulated other comprehensive income		475			(11	)		(67	)		397
Period change		475			4,793			(67	)		5,201
Balance at March 31, 2015	$	(22,301	)	$	7,685		$	992		$	(13,624	)
Balance at December 31, 2013	$	(7,966	)	$	(6,126	)	$	1,358		$	(12,734	)
Other comprehensive income before reclassifications		—			3,075			—			3,075
Amounts reclassified from accumulated other comprehensive income		236			49			(87	)		198
Period change		236			3,124			(87	)		3,273
Balance at March 31, 2014	$	(7,730	)	$	(3,002	)	$	1,271		$	(9,461	)

⁽¹⁾  All amounts are net of tax. Related income tax expense or benefit is calculated using a combined Federal and State income tax rate approximating 37%.

Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income

The following table provides details about amounts reclassified from accumulated other comprehensive income for the three months ended March 31, 2015 and 2014:

Details about Accumulated Other Comprehensive Income/(Loss) Components	Amounts Reclassified from Accumulated Other Comprehensive Income/(Loss) For the Three Months Ended March 31,						Affected Line Item in the Statement of Net Income
(unaudited, in thousands)	2015			2014
Securities available-for-sale (1):
Net securities (gains) losses reclassified into earnings		(18	)	$	78		Net securities gains (Non-interest income)
Related income tax expense (benefit)		7			(29	)	Provision for income taxes
Net effect on accumulated other comprehensive income for the period		(11	)		49
Securities held-to-maturity (1):
Amortization of unrealized gain transferred from available-for-sale		(107	)		(138	)	Interest and dividends on securities (Interest and dividend income)
Related income tax expense		40			51		Provision for income taxes
Net effect on accumulated other comprehensive income for the period		(67	)		(87	)
Defined benefit pension plan (2):
Amortization of net loss and prior service costs		790			374		Employee benefits (Non-interest expense)
Related income tax benefit		(315	)		(138	)	Provision for income taxes
Net effect on accumulated other comprehensive income for the period		475			236
Total reclassifications for the period		397		$	198

⁽¹⁾ For additional detail related to unrealized gains on securities and related amounts reclassified from accumulated other comprehensive income see Note 4, “Securities.”

⁽²⁾ Included in the computation of net periodic pension cost. See Note 6, “Pension Plan” for additional detail.