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Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2014
Other Comprehensive Income (Loss)

Other Comprehensive Income (Loss):

The following table represents the detail of other comprehensive income (loss) for three and six month periods ended June 30, 2014 and 2013.

 

 

Three Months Ended June 30, 2014

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding gains on available-for-sale securities during the

   period

$

2,934

 

 

$

(1,026

)

 

$

1,908

 

Reclassification adjustment for (gains) losses included in net income (1)

 

(84

)

 

 

29

 

 

 

(55

)

Net unrealized gains on available-for-sale securities

$

2,850

 

 

$

(997

)

 

$

1,854

 

 

 

Six Months Ended June 30, 2014

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding gains on available-for-sale securities during the

   period

$

7,021

 

 

$

(2,458

)

 

$

4,563

 

Reclassification adjustment for (gains) losses included in net income (1)

 

(84

)

 

 

29

 

 

 

(55

)

Net unrealized gains on available-for-sale securities

$

6,937

 

 

$

(2,429

)

 

$

4,508

 

 

 

Three Months Ended June 30, 2013

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding losses on available-for-sale securities during the

   period

$

(8,924

)

 

$

3,123

 

 

$

(5,801

)

Reclassification adjustment for (gains) losses included in net income (1)

 

(242

)

 

 

85

 

 

 

(157

)

Net unrealized losses on available-for-sale securities

$

(9,166

)

 

$

3,208

 

 

$

(5,958

)

 

 

Six Months Ended June 30, 2013

 

(In Thousands of Dollars)

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding losses on available-for-sale securities during the

   period

$

(11,458

)

 

$

4,010

 

 

$

(7,448

)

Reclassification adjustment for (gains) losses included in net income (1)

 

(256

)

 

 

90

 

 

 

(166

)

Net unrealized losses on available-for-sale securities

$

(11,714

)

 

$

4,100

 

 

$

(7,614

)

 

(1) Pre-tax reclassification adjustments relating to available-for-sale securities are reported in security gains and the tax impact is included in income tax expense on the consolidated statements of income.