Accumulated Other Comprehensive Income

6 Months Ended

Mar. 31, 2014

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

5. Accumulated Other Comprehensive Income

	March 31,			September 30,
	2014			2013
	(in thousands)
Pre-tax amounts:
Unrealized appreciation on securities	$	205,068		$	237,214
Unrecognized actuarial loss	(18,752		)	(19,210		)
	$	186,316		$	218,004
After-tax amounts:
Unrealized appreciation on securities	$	124,764		$	144,161
Unrecognized actuarial loss	(11,339		)	(11,631		)
	$	113,425		$	132,530

The following is a summary of the changes in accumulated other comprehensive income (loss), net of tax, by component for the three and six months ended March 31, 2014:

	Three Months Ended March 31, 2014
	Unrealized
	Appreciation
	(Depreciation) on			Defined
	Available-for-sale			Benefit
	Securities			Pension Plan			Total
	(in thousands)
Balances at January 1, 2014	$	141,200		$	(11,484	)	$	129,716
Other comprehensive loss before reclassifications	(3,552		)	—			(3,552		)
Amounts reclassified from accumulated other comprehensive income (loss)	(12,884		)	145			(12,739		)
Net current-period other comprehensive income (loss)	(16,436		)	145			(16,291		)
Balances at March 31, 2014	$	124,764		$	(11,339	)	$	113,425

	Six Months Ended March 31, 2014
	Unrealized
	Appreciation
	(Depreciation) on			Defined
	Available-for-sale			Benefit
	Securities			Pension Plan			Total
	(in thousands)
Balance at October 1, 2013	$	144,161		$	(11,631	)	$	132,530
Other comprehensive loss before reclassifications	(6,513		)	—			(6,513		)
Amounts reclassified from accumulated other comprehensive income	(12,884		)	292			(12,592		)
Net current-period other comprehensive income	(19,397		)	292			(19,105		)
Balances at March 31, 2014	$	124,764		$	(11,339	)	$	113,425

The following provides detail about accumulated other comprehensive income (loss) components which were reclassified to the Condensed Consolidated Statement of Income during the three and six months ended March 31, 2014:

	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Details About Accumulated Other Comprehensive Income	Three Months Ended March 31,						Six Months Ended March 31,						Affected Line Item in the Condensed Consolidated
(Loss) Components	2014			2013			2014			2013			Statement of Income
	(in thousands)						(in thousands)
Unrealized gains on available-for-sale securities	$	(21,352	)	$	—		$	(21,352	)	$	—		Gain on sale of investment securities
	8,468			—			8,468			—			Income tax provision
	$	(12,884	)	$	—		$	(12,884	)	$	—		Net of tax
Defined Benefit Pension Items
Amortization of net actuarial loss	$	229		$	685		$	458		$	1,370		General and administrative
	(84		)	(253		)	(166		)	(505		)	Income tax provision
	$	145		$	432		$	292		$	865		Net of tax
Total reclassifications for the period	$	(12,739	)	$	432		$	(12,592	)	$	865