Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2012

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

NOTE 5 – ACCUMULATED OTHER COMPREHENSIVE INCOME

The following tables summarize the changes within each classification of accumulated other comprehensive income ("AOCI") net of tax for the six months ended June 30, 2012 and 2011:

		AOCI at			Other			AOCI at
		December 31,			Comprehensive			June 30,
(dollars in thousands)		2011			Income			2012
Unrealized gains on
available-for-sale securities	$	53,911		$	6,551		$	60,462
Unrealized losses on securities for which other-
than-temporary-impairment has been recognized		(29,299	)		0			(29,299	)
Unrealized gains (losses) on
held-to-maturity securities		4,745			(277	)		4,468
Unrecognized gain (loss) on cash flow hedges		145			(144	)		1
Defined benefit pension plans		(14,498	)		1,208			(13,290	)
Accumulated other comprehensive income (loss)	$	15,004		$	7,338		$	22,342

		AOCI at			Other			AOCI at
		December 31,			Comprehensive			June 30,
(dollars in thousands)		2010			Income			2011
Unrealized gains on
available-for-sale securities	$	31,962		$	18,093		$	50,055
Unrealized losses on securities for which other-
than-temporary-impairment has been recognized		(28,173	)		(753	)		(28,926	)
Unrealized gains (losses) on
held-to-maturity securities		5,667			(580	)		5,087
Unrecognized gain on cash flow hedges		846			(278	)		568
Defined benefit pension plans		(11,571	)		1,189			(10,382	)
Accumulated other comprehensive income (loss)	$	(1,269	)	$	17,671		$	16,402