OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2014

Other Comprehensive Income (Loss) Components and Related Tax Effects

Other comprehensive income (loss) components and related tax effects for the three and nine month periods are as follows:

	Three months ended September 30,						Nine months ended September 30,
	2014			2013			2014			2013
	(Dollars in thousands)
Unrealized holding gain (loss) on securities available for sale	$	(302	)	$	(2,121	)	$	23,985		$	(35,428	)
Unrealized holding gain (loss) on postretirement benefits		—			—			—			—
Reclassification adjustment for gains realized in income		(328	)		—			(362	)		(2,578	)
Net unrealized gains (losses)		(630	)		(2,121	)		23,623			(38,006	)
Tax effect		221			—			(8,268	)		—
Net of tax amount	$	(409	)	$	(2,121	)	$	15,355		$	(38,006	)

Summary of Accumulated Other Comprehensive Income (Loss) Balances, Net of Tax

The following is a summary of accumulated other comprehensive income (loss) balances, net of tax:

	Balance at December 31, 2013			Current Period Change		Balance at September 30, 2014
Unrealized gains (losses) on securities available for sale	$	(43,364	)	$	15,355	$	(28,009	)
Unrealized gains (losses) on post-retirement benefits		1,699			—		1,699
Total	$	(41,665	)	$	15,355	$	(26,310	)

	Balance at December 31, 2012		Current Period Change			Balance at September 30, 2013
Unrealized gains (losses) on securities available for sale	$	5,082	$	(38,006	)	$	(32,924	)
Unrealized gains (losses) on post-retirement benefits		1,600		—			1,600
Total	$	6,682	$	(38,006	)	$	(31,324	)

Summary of Each Component of Accumulated Other Comprehensive Income (Loss), Net Income

The following is a summary of each component of accumulated other comprehensive income (loss) that was reclassified into net income during the three and nine months ended September 30, 2014, net of tax:

	Unrealized gains/losses on Available for Sale Securities			Postretirement Benefits		Total
	(Dollars in thousands)
Beginning balance (06/30/2014)	$	(27,600	)	$	1,699	$	(25,901	)
Other comprehensive income before reclassification, net of tax		(196	)		—		(196	)
Amounts reclassified from accumulated other compressive income, net of tax		(213	)		—		(213	)
Net current period other comprehensive income, net of tax		(409	)		—		(409	)
Ending balance (09/30/2014)	$	(28,009	)	$	1,699	$	(26,310	)

	Unrealized gains/losses on Available for Sale Securities			Postretirement Benefits		Total
	(Dollars in thousands)
Beginning balance (12/31/2013)	$	(43,364	)	$	1,699	$	(41,665	)
Other comprehensive income before reclassification, net of tax		15,590			—		15,590
Amounts reclassified from accumulated other compressive income, net of tax		(235	)		—		(235	)
Net current period other comprehensive income, net of tax		15,355			—		15,355
Ending balance (09/30/2014)	$	(28,009	)	$	1,699	$	(26,310	)

The following is a summary of each component of accumulated other comprehensive income (loss) that was reclassified into net income during the three and nine months ended September 30, 2013:

	Unrealized gains/losses on Available for Sale Securities			Postretirement Benefits		Total
	(Dollars in thousands)
Beginning balance (06/30/2013)	$	(30,803	)	$	1,600	$	(29,203	)
Other comprehensive income before reclassification		(2,121	)		—		(2,121	)
Amounts reclassified from accumulated other compressive income		—			—		—
Net current period other comprehensive income		(2,121	)		—		(2,121	)
Ending balance (09/30/2013)	$	(32,924	)	$	1,600	$	(31,324	)

	Unrealized gains/losses on Available for Sale Securities			Postretirement Benefits		Total
	(Dollars in thousands)
Beginning balance (12/31/2013)	$	5,082		$	1,600	$	6,682
Other comprehensive income before reclassification		(35,428	)		—		(35,428	)
Amounts reclassified from accumulated other compressive income		(2,578	)		—		(2,578	)
Net current period other comprehensive income		(38,006	)		—		(38,006	)
Ending balance (09/30/2013)	$	(32,924	)	$	1,600	$	(31,324	)

Summary of Reclassification Out of Each Component of Accumulated Comprehensive Income (Loss)

The following are significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the three months ended September 30, 2014:

Details About Accumulated Other Comprehensive Income Components	Amount Reclassified From Accumulated Other Comprehensive Income			Affected Line Item on the Statement Where Net Income is Presented
	(Dollars in thousands)
Realized net gains on the sale of available for sale securities	$	(328	)	Net gains on securities available for sale
		115		Tax expense (benefit)
		(213	)	Net of tax
Total reclassification during the period	$	(213	)

The following is significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the three months ended September 30, 2013:

Details About Accumulated Other Comprehensive Income Components	Amount Reclassified From Accumulated Other Comprehensive Income		Affected Line Item on the Statement Where Net Income is Presented
	(Dollars in thousands)
Realized net gains on the sale of available for sale securities	$	—	Net gains on securities available for sale
		—	Tax expense (benefit)
		—	Net of tax
Total reclassification during the period	$	—

The following is significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the nine months ended September 30, 2014:

Details About Accumulated Other Comprehensive Income Components	Amount Reclassified From Accumulated Other Comprehensive Income			Affected Line Item on the Statement Where Net Income is Presented
	(Dollars in thousands)
Realized net gains on the sale of available for sale securities	$	(362	)	Net gains on securities available for sale
		127		Tax expense (benefit)
		(235	)	Net of tax
Total reclassification during the period	$	(235	)

The following is significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the nine months ended September 30, 2013:

Details About Accumulated Other Comprehensive Income Components	Amount Reclassified From Accumulated Other Comprehensive Income			Affected Line Item on the Statement Where Net Income is Presented
	(Dollars in thousands)
Realized net gains on the sale of available for sale securities	$	(2,578	)	Net gains on securities available for sale
		—		Tax expense (benefit)
		(2,578	)	Net of tax
Total reclassification during the period	$	(2,578	)