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OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Other Comprehensive Income (Loss) Components and Related Tax Effects

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

 

 

Unrealized Gains (Losses) on Securities Available for Sale

 

Disproportionate Tax Effect from Securities Available for Sale

 

Unrealized Gains (Losses) from Postretirement Plan

 

Disproportionate Tax Effect from Postretirement Plan

 

Total

 

March 31, 2015

(Dollars in thousands)

 

Balances at beginning of period

$

(4,315

)

$

(17,110

)

$

916

 

$

511

 

$

(19,998

)

Income tax

 

 

 

 

 

 

 

 

 

 

Balances at beginning of period, net of tax

 

(4,315

)

 

(17,110

)

 

916

 

 

511

 

 

(19,998

)

Other comprehensive income before reclassifications

 

3,897

 

 

 

 

 

 

 

 

3,897

 

Reclassification adjustment for gains realized in income

 

(7

)

 

 

 

 

 

 

 

(7

)

Net current period other comprehensive income

 

3,890

 

 

 

 

 

 

 

 

3,890

 

Balances at end of period, net of tax

$

(425

)

$

(17,110

)

$

916

 

$

511

 

$

(16,108

)

 

 

Unrealized Gains (Losses) on Securities Available for Sale

 

Disproportionate Tax Effect from Securities Available for Sale

 

Unrealized Gains (Losses) from Postretirement Plan

 

Disproportionate Tax Effect from Postretirement Plan

 

Total

 

March 31, 2014

(Dollars in thousands)

 

Balances at beginning of period

$

(40,393

)

$

(2,972

)

$

1,829

 

$

(129

)

$

(41,665

)

Income tax

 

 

 

 

 

 

 

 

 

 

Balances at beginning of period, net of tax

 

(40,393

)

 

(2,972

)

 

1,829

 

 

(129

)

 

(41,665

)

Other comprehensive income (loss) before reclassifications

 

12,571

 

 

 

 

 

 

 

 

12,571

 

Reclassification adjustment for (gains) losses realized in income

 

(3

)

 

 

 

 

 

 

 

(3

)

Net current period other comprehensive income

 

12,568

 

 

 

 

 

 

 

 

12,568

 

Balances at end of period, net of tax

$

(27,825

)

$

(2,972

)

$

1,829

 

$

(129

)

$

(29,097

)

 

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 March 31, 2015:

 

 

Amount Reclassified

 

Affected Line Item on

 

From Accumulated

 

the Statement Where

Details About Accumulated Other Comprehensive

Other Comprehensive

 

Net Income is

Income Components

Income

 

Presented

 

(Dollars in thousands)

 

 

Realized net gains on the sale of available for sale securities

$

(11

)

Net gains on securities available for sale

 

 

4

 

Tax expense

Total reclassification during the period

$

(7

)

Net of tax

The following is significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the three months ended March 31, 2014:

 

 

Amount Reclassified

 

Affected Line Item on

 

From Accumulated

 

the Statement Where

Details About Accumulated Other Comprehensive

Other Comprehensive

 

Net Income is

Income Components

Income

 

Presented

 

(Dollars in thousands)

 

 

Realized net gains on the sale of available for sale securities

$

(3

)

Net gains on securities available for sale

 

 

 

Tax expense

Total reclassification during the period

$

(3

)

Net of tax