11.

OTHER COMPREHENSIVE INCOME (LOSS)

The tables below provide a summary of the components of other comprehensive income (“OCI”) for the three months ended March 31, 2014 and 2013:


	For the Three Months Ended March 31, 2014
	Before-Tax		Tax Effect		After-Tax
	(Dollars in thousands)
Investment securities available-for-sale:
Net change in fair value recorded in accumulated OCI	$	24,781	$	10,407	$	14,374

Net change	$	24,781	$	10,407	$	14,374


	For the Three Months Ended March 31, 2013
	Before-Tax			Tax Effect			After-Tax
	(Dollars in thousands)
Investment securities available-for-sale:
Net change in fair value recorded in accumulated OCI	$	(11,696	)	$	(4,913	)	$	(6,783	)
Net realized gains reclassified into earnings (1)		(2,094	)		(879	)		(1,215	)

Net change	$	(13,790	)	$	(5,792	)	$	(7,998	)

(1)	Net realized gains are included in noninterest income in the unaudited condensed consolidated statements of earnings and comprehensive income for the three months ended March 31, 2013.

The following table provides a summary of the change in accumulated other comprehensive income for the three months ended March 31, 2014 and 2013:


	Investment Securities Available-for-Sale
	(Dollars in thousands)
Balance, January 1, 2014	$	(9,330	)
Net change in fair value recorded in accumulated OCI		14,374

Balance, March 31, 2014	$	5,044


	Investment Securities Available-for-Sale
	(Dollars in thousands)
Balance, January 1, 2013	$	43,251
Net change in fair value recorded in accumulated OCI		(6,783	)
Net realized gains reclassified into earnings		(1,215	)

Balance, March 31, 2013	$	35,253