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OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
6 Months Ended
Jun. 30, 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

 

June 30, 2015

(Dollars in thousands)

 

Balances at beginning of period

$

(425

)

$

(17,110

)

$

916

 

$

511

 

$

(16,108

)

Income tax

 

 

 

 

 

 

 

 

 

 

Balances at beginning of period, net of

   tax

 

(425

)

 

(17,110

)

 

916

 

 

511

 

 

(16,108

)

Other comprehensive income before

   reclassifications

 

(5,937

)

 

 

 

 

 

 

 

(5,937

)

Reclassification adjustment for

   gains realized in income

 

 

 

 

 

 

 

 

 

 

Net current period other comprehensive

   income

 

(5,937

)

 

 

 

 

 

 

 

(5,937

)

Balances at end of period, net of tax

$

(6,362

)

$

(17,110

)

$

916

 

$

511

 

$

(22,045

)

 

 

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

 

June 30, 2014

(Dollars in thousands)

 

Balances at beginning of period

$

(27,825

)

$

(2,972

)

$

1,829

 

$

(129

)

$

(29,097

)

Income tax

 

14,138

 

 

(14,138

)

 

(640

)

 

640

 

 

 

Balances at beginning of period, net of

   tax

 

(13,687

)

 

(17,110

)

 

1,189

 

 

511

 

 

(29,097

)

Other comprehensive income before

   reclassifications

 

3,216

 

 

 

 

 

 

 

 

3,216

 

Reclassification adjustment for

   gains realized in income

 

(20

)

 

 

 

 

 

 

 

(20

)

Net current period other comprehensive

   income

 

3,196

 

 

 

 

 

 

 

 

3,196

 

Balances at end of period, net of tax

$

(10,491

)

$

(17,110

)

$

1,189

 

$

511

 

$

(25,901

)

Other comprehensive income (loss) components and related tax effects for the six 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

 

June 30, 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

 

(2,040

)

 

 

 

 

 

 

 

(2,040

)

Reclassification adjustment for

   gains realized in income

 

(7

)

 

 

 

 

 

 

 

(7

)

Net current period other comprehensive

   income

 

(2,047

)

 

 

 

 

 

 

 

(2,047

)

Balances at end of period, net of tax

$

(6,362

)

$

(17,110

)

$

916

 

$

511

 

$

(22,045

)

 

 

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

 

June 30, 2014

(Dollars in thousands)

 

Balances at beginning of period

$

(40,393

)

$

(2,972

)

$

1,829

 

$

(129

)

$

(41,665

)

Income tax

 

14,138

 

 

(14,138

)

 

(640

)

 

640

 

 

 

Balances at beginning of period, net of

   tax

 

(26,255

)

 

(17,110

)

 

1,189

 

 

511

 

 

(41,665

)

Other comprehensive income before

   reclassifications

 

15,786

 

 

 

 

 

 

 

 

15,786

 

Reclassification adjustment for

   gains realized in income

 

(22

)

 

 

 

 

 

 

 

(22

)

Net current period other comprehensive

   income

 

15,764

 

 

 

 

 

 

 

 

15,764

 

Balances at end of period, net of tax

$

(10,491

)

$

(17,110

)

$

1,189

 

$

511

 

$

(25,901

)

 

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 June 30, 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

$

 

Net gains on securities available for sale

 

 

 

Tax expense

Total reclassification during the period

$

 

Net of tax

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

$

(31

)

Net gains on securities available for sale

 

 

11

 

Tax expense

Total reclassification during the period

$

(20

)

Net of tax

 

The following are significant amounts reclassified out of each component of accumulated comprehensive income (loss) for the six months ended June 30, 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 six months ended June 30, 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

$

(34

)

Net gains on securities available for sale

 

 

12

 

Tax expense

Total reclassification during the period

$

(22

)

Net of tax