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Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2012
Comprehensive Income [Abstract]  
Schedule of Comprehensive Income (Loss) [Table Text Block]
                 

 

 

Nine Months Ended

September 30,

 

 

 

2012

 

 

2011

 

 

 

(in thousands)

 

Unrealized holding gains on available-for-sale securities

 

 $

19,391

 

 

 $

8,051

 

Tax effect

 

 

(7,259

)

 

 

(3,189

)

Net of tax amount

 

 

12,132

 

 

 

4,862

 

Reclassification adjustment of OTTI losses included in income

 

 

332

 

 

 

303

 

Tax effect

 

 

(105

)

 

 

(106

)

Net of tax amount

 

 

227

 

 

 

197

 

Reclassification adjustment for net gains arising during this period

 

 

(2,545

)

 

 

(3,120

)

Tax effect

 

 

802

 

 

 

1,089

 

Net of tax amount

 

 

(1,743

 

 

(2,031

Unrealized holding gains on securities transferred from available-for-sale to held-to-maturity

 

 

 

 

 

291

 

Tax effect

 

 

 

 

 

(110

)

Net of tax amount

 

 

 

 

 

181

 

Amortization of unrealized holding gains on securities transferred from available-for-sale to held-to-maturity

 

 

4

 

 

 

(24

Tax effect

 

 

(1

)

 

 

10

 

Net of tax amount

 

 

3

 

 

 

(14

Change in minimum pension liability

 

 

 

 

 

(142

Tax effect

 

 

 

 

 

57

 

Net of tax amount

 

 

 

 

 

(85

)

Other comprehensive income, net of tax

 

$

10,619

 

 

$

3,110

 

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
                 

 

 

September 30,

2012

 

 

December 31,

2011

 

 

 

(in thousands)

 

Investment securities available-for-sale, net of tax

 

$

8,420

 

 

$

(2,196

)

Unamortized component of securities transferred from available-for-sale to held-to-maturity, net of tax

 

 

166

 

 

 

163

 

Defined benefit pension and post-retirement plans, net of tax

 

 

(3,413

)

 

 

(3,413

)

Total accumulated other comprehensive income (loss)

 

$

5,173

 

 

$

(5,446

)