XML 61 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 
The following table summarizes the changes in the balances of each component of accumulated other comprehensive income (loss), net of tax, as of June 30, 2014 and 2013:

 
Accumulated Other Comprehensive Income (Loss)
 
Unrealized Gains (Losses) on Securities Available for Sale
 
Unrealized Gains (Losses) on Securities Available for Sale for which a Portion of Other-Than-Temporary Impairment has been Recognized in Income
 
Unrealized Gains (Losses) on Cash Flow Hedges
 
Unrealized Gains (Losses) on Defined Benefit Plans
 
Total
Balance at December 31, 2013
$
1,566

 
$
(1,847
)
 
$
(501
)
 
$
(5,628
)
 
$
(6,410
)
Other comprehensive income before reclassifications
11,055

 
1,702

 
(1,663
)
 


 
11,094

Amounts reclassified from accumulated other comprehensive income
(926
)
 


 
452

 


 
(474
)
Period change
10,129

 
1,702

 
(1,211
)
 
—

 
10,620

Balance at June 30, 2014
$
11,695

 
$
(145
)
 
$
(1,712
)
 
$
(5,628
)
 
$
4,210

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2012
$
17,904

 
$
(3,272
)
 
$
(2,652
)
 
$
(17,479
)
 
$
(5,499
)
Other comprehensive income before reclassifications
(11,773
)
 
281

 
1,169

 


 
(10,323
)
Amounts reclassified from accumulated other comprehensive income
(317
)
 


 
247

 
713

 
643

Period change
(12,090
)
 
281

 
1,416

 
713

 
(9,680
)
Balance at June 30, 2013
$
5,814

 
$
(2,991
)
 
$
(1,236
)
 
$
(16,766
)
 
$
(15,179
)



The following table presents the reclassification adjustments out of accumulated other comprehensive income (loss) that were included in net income in the Consolidated Condensed Statements of Income for the three and six months ended June 30, 2014 and 2013:

 
 
Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Three Months Ended June 30,
 
 
Details about Accumulated Other Comprehensive Income (Loss)Components
 
2014
 
2013
 
Affected Line Item in the Statements of Income
Unrealized gains (losses) on available for sale securities (1)
 
 
 
 
 
 
Realized securities gains reclassified into income
 
$
844

 
$
239

 
Other income - net realized gains on sales of available for sale securities
Related income tax expense
 
(295
)
 
(84
)
 
Income tax expense
 
 
$
549

 
$
155

 
 
 
 
 
 
 
 
 
Unrealized gains (losses) on cash flow hedges (2)
 
 
 
 
 
 
Interest rate contracts
 
$
(351
)
 
$
(192
)
 
Interest expense - subordinated debentures and term loans
Related income tax benefit
 
123

 
67

 
Income tax expense
 
 
$
(228
)
 
$
(125
)
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) on defined benefit plans
 
 
 
 
 
 
Amortization of net loss and prior service costs
 


 
$
(112
)
 
Other expenses - salaries and employee benefits
Related income tax benefit
 


 
39

 
Income tax expense
 
 
$
—

 
$
(73
)
 
 
 
 
 
 
 
 
 
Total reclassifications for the period, net of tax
 
$
321

 
$
(43
)
 
 



 
Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Six Months Ended June 30,


Details about Accumulated Other Comprehensive Income (Loss)Components
 
2014

2013

Affected Line Item in the Statements of Income
Unrealized gains (losses) on available for sale securities (1)
 





Realized securities gains reclassified into income
 
$
1,425


$
487


Other income - net realized gains on sales of available for sale securities
Related income tax expense
 
(499
)

(170
)

Income tax expense

 
$
926


$
317




 





Unrealized gains (losses) on cash flow hedges (2)
 





Interest rate contracts
 
$
(695
)

$
(380
)

Interest expense - subordinated debentures and term loans
Related income tax benefit
 
243


133


Income tax expense

 
$
(452
)

$
(247
)



 





Unrealized gains (losses) on defined benefit plans
 





Amortization of net loss and prior service costs
 



$
(1,097
)

Other expenses - salaries and employee benefits
Related income tax benefit
 



384


Income tax expense

 
$
—


$
(713
)



 





Total reclassifications for the period, net of tax
 
$
474


$
(643
)




(1) For additional detail related to unrealized gains (losses) on available for sale securities and related amounts reclassified from accumulated other comprehensive income see NOTE 3. INVESTMENT SECURITIES.

(2) For additional detail related to unrealized gains (losses) on cash flow hedges and related amounts reclassified from accumulated other comprehensive income see NOTE 6. DERIVATIVE FINANCIAL INSTRUMENTS.