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Comprehensive Income
 6 Months Ended
Jun. 30, 2011
Comprehensive Income  
Comprehensive Income
Note 6.  Comprehensive Income
 
Total comprehensive income includes all changes in equity during a period arising from transactions and other events and circumstances from non-owner sources. The Corporation's other comprehensive income is comprised of unrealized holding gains and losses on investment securities available-for-sale, and actuarial losses of defined benefit plans, net of taxes.
 
Disclosure of comprehensive income for the six months ended June 30, 2011, and 2010 is presented in the Consolidated Statements of Changes in Stockholders' Equity. The table below provides a reconciliation of the components of other comprehensive income (loss) to the data provided in the Consolidated Statements of Changes in Stockholders' Equity.
 
The components of other comprehensive income (loss), net of tax, were as follows for the periods indicated:
 
 
  
Six Months Ended
June 30,
  
  
2011
  
2010
   
(in thousands)
Reclassification adjustment of OTTI losses included in income
  
$
237
    
$
5,095
  
Unrealized gains on available-for-sale securities
    
7,543
      
4,661
  
Reclassification adjustment for net gains arising during this period
    
(1,804
)
    
(2,408
)
Net unrealized gains  on Available-for-sale securities
    
5,976
      
7,348
  
Unrealized holding gains on securities transferred from Available-for-sale to Held-to-maturity
    
333
      
—
  
Net unrealized gain on securities
    
6,309
      
7,348
  
Tax effect
    
(2,474
)
    
(2,907
)
    Net of tax amount
    
3,835
      
4,441
  
Change in minimum pension liability
    
(142
)
    
—
  
Tax effect
    
57
      
—
  
    Net of tax amount
    
(85
)
    
—
  
Other comprehensive income, net of tax
  
$
3,750
    
$
4,441
  
 
Accumulated other comprehensive loss at June 30, 2011 and December 31, 2010 consisted of the following:
 
   
June 30, 2011
  
December 31,
2010
  
  
(in thousands)
Investment securities available-for-sale, net of tax
  
$
(1,700
)
  
$
(5,327
)   
Unamortized component of transfer of securities from Available-for-sale to Held-to-maturity, net of tax
    
208
      
—
  
Defined benefit pension and post-retirement plans, net of tax
    
(2,433
)
    
(2,348
)   
   Total accumulated other comprehensive loss
  
$
(3,925
)
  
$
(7,675
)