NOTE 5 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) (“AOCI”) net of tax for the three and six months ended June 30, 2014 and summarizes the significant amounts reclassified out of each component of AOCI:


Changes in Accumulated Other Comprehensive Income (Loss) by Component For the Three Months Ended June 30, 2014 (a)
(dollars in thousands)	Unrealized Gains and Losses on Available-for-Sale Securities			Unrealized Gains and Losses on Held-to-Maturity Securities			Gains and Losses on Cash Flow Hedges			Defined Benefit Pension Plans			Total
Balance at April 1, 2014	$	(13,975	)	$	(16,497	)	$	(1,390	)	$	(6,068	)	$	(37,930	)
Other comprehensive income (loss) before reclassifications		7,192			—			(1,951	)		—			5,241
Amounts reclassified from accumulated other comprehensive income (loss) (b)		(1,061	)		167			—			242			(652	)

Net current-period other comprehensive income (loss)		6,131			167			(1,951	)		242			4,589

Balance at June 30, 2014	$	(7,844	)	$	(16,330	)	$	(3,341	)	$	(5,826	)	$	(33,341	)

(a)	All amounts are net of tax. Amounts in parentheses indicate debits.

(b)	See table below for details about reclassifications.


Changes in Accumulated Other Comprehensive Income (Loss) by Component For the Six Months Ended June 30, 2014 (a)
(dollars in thousands)	Unrealized Gains and Losses on Available-for- Sale Securities			Unrealized Gains and Losses on Held-to-Maturity Securities			Gains and Losses on Cash Flow Hedges			Defined Benefit Pension Plans			Total
Balance at January 1, 2014	$	(21,108	)	$	(16,767	)	$	(190	)	$	(6,401	)	$	(44,466	)
Other comprehensive income (loss) before reclassifications		14,607			—			(3,151	)		—			11,456
Amounts reclassified from accumulated other comprehensive income (loss) (b)		(1,343	)		437			—			575			(331	)

Net current-period other comprehensive income (loss)		13,264			437			(3,151	)		575			11,125

Balance at June 30, 2014	$	(7,844	)	$	(16,330	)	$	(3,341	)	$	(5,826	)	$	(33,341	)

(a)	All amounts are net of tax. Amounts in parentheses indicate debits.

(b)	See table below for details about reclassifications.


Reclassifications out of Accumulated Other Comprehensive Income (Loss) For the Three Months Ended June 30, 2014 (a)
Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)			Affected Line Item in the Statement Where Net Income is Presented
Unrealized gains and losses on available-for-sale securities	$	1,689		Net securities gains
		—		Impairment losses

		1,689		Total before tax
		(628	)	Tax (expense) or benefit

	$	1,061		Net of tax

Unrealized gains and losses onheld-to-maturity securities	$	(225	)	Interest income/(expense)
		58		Tax (expense) or benefit

	$	(167	)	Net of tax

Amortization of defined benefit pension items Acturial gains/(losses)	$	(591	)	(b)
		349		Tax (expense) or benefit

	$	(242	)	Net of tax

Total reclassifications for the period	$	652		Net of tax

(a)	Amounts in parentheses indicate debits to profit/loss.

(b)	This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. See Note 14 for additional details on our pension plans.


Reclassifications out of Accumulated Other Comprehensive Income (Loss) For the Six Months Ended June 30, 2014 (a)
Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)			Affected Line Item in the Statement Where Net Income is Presented
Unrealized gains and losses on available-for-sale securities	$	2,248		Net securities gains
		(100	)	Impairment losses

		2,148		Total before tax
		(805	)	Tax (expense) or benefit

	$	1,343		Net of tax

Unrealized gains and losses onheld-to-maturity securities	$	(622	)	Interest income/(expense)
		185		Tax (expense) or benefit

	$	(437	)	Net of tax

Amortization of defined benefit pension items Acturial gains/(losses)	$	(943	)	(b)
		368		Tax (expense) or benefit

	$	(575	)	Net of tax

Total reclassifications for the period	$	331		Net of tax

(a)	Amounts in parentheses indicate debits to profit/loss.

(b)	This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. See Note 14 for additional details on our pension plans.

The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) (“AOCI”) net of tax for the three and six months ended June 30, 2013 and summarizes the significant amounts reclassified out of each component of AOCI:


	Changes in Accumulated Other Comprehensive Income (Loss) by Component For the Three Months Ended June 30, 2013 (a)
(dollars in thousands)	Unrealized Gains and Losses on Available-for-Sale Securities			Unrealized Gains and Losses on Held-to-Maturity Securities			Gains and Losses on Cash Flow Hedges		Defined Benefit Pension Plans			Total
Balance at April 1, 2013	$	29,661		$	3,163		$	—	$	(12,006	)	$	20,818
Other comprehensive income (loss) before reclassifications		(45,343	)		—			525		—			(44,818	)
Amounts reclassified from accumulated other comprehensive income (loss) (b)		(1,091	)		(107	)		—		177			(1,021	)

Net current-period other comprehensive income (loss)		(46,434	)		(107	)		525		177			(45,839	)

Balance at June 30, 2013	$	(16,773	)	$	3,056		$	525	$	(11,829	)	$	(25,021	)

(a)	All amounts are net of tax. Amounts in parentheses indicate debits.

(b)	See table below for details about reclassifications.


	Changes in Accumulated Other Comprehensive Income by Component
	For the Six Months Ended June 30, 2013 (a)
	Unrealized Gains			Unrealized Gains			Gains and		Defined
	and Losses on			and Losses on			Losses on		Benefit
	Available-for-Sale			Held-to-Maturity			Cash Flow		Pension
(dollars in thousands)	Securities			Securities			Hedges		Plans			Total
Balance at January 1, 2013	$	39,054		$	3,269		$	—	$	(12,522	)	$	29,801
Other comprehensive income
(loss) before reclassifications		(54,089	)		—			525		—			(53,564	)
Amounts reclassified from accumulated other comprehensive income (loss) (b)		(1,738	)		(213	)		—		693			(1,258	)

Net current-period other comprehensive income (loss)		(55,827	)		(213	)		525		693			(54,822	)

Balance at June 30, 2013	$	(16,773	)	$	3,056		$	525	$	(11,829	)	$	(25,021	)

(a)	All amounts are net of tax. Amounts in parentheses indicate debits.

(b)	See table below for details about reclassifications.


Reclassifications out of Accumulated Other Comprehensive Income (Loss) For the Three Months Ended June 30, 2013
Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)			Affected Line Item in the Statement Where Net Income is Presented
Unrealized gains and losses on available-for-sale securities	$	1,789		Net securities gains
		—		Impairment losses

		1,789		Total before tax
		(698	)	Tax (expense) or benefit

	$	1,091		Net of tax

Unrealized gains and losses on held-to-maturity securities	$	177		Interest income/(expense)
		(70	)	Tax (expense) or benefit

	$	107		Net of tax

Amortization of defined benefit pension items Acturial gains/(losses)	$	(842	)	(b)
		665		Tax (expense) or benefit

	$	(177	)	Net of tax

Total reclassifications for the period	$	1,021		Net of tax

(a)	Amounts in parentheses indicate debits to profit/loss.

(b)	This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. See Note 14 for additional details on our pension plans.


Reclassifications out of Accumulated Other Comprehensive Income (Loss)
For the Six Months Ended June 30, 2013
Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)			Affected Line Item in the Statement Where Net Income is Presented
Unrealized gains and losses on available-for-sale securities	$	2,808		Net securities gains
		—		Impairment losses

		2,808		Total before tax
		(1,070	)	Tax (expense) or benefit

	$	1,738		Net of tax

Unrealized gains and losses on held-to-maturity securities	$	354		Interest income/(expense)
		(141	)	Tax (expense) or benefit

	$	213		Net of tax

Amortization of defined benefit pension items Acturial gains/(losses)	$	(1,702	)	(b)
		1,009		Tax (expense) or benefit

	$	(693	)	Net of tax

Total reclassifications for the period	$	1,258		Net of tax

(a)	Amounts in parentheses indicate debits to profit/loss.

(b)	This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. See Note 14 for additional details on our pension plans.