Other Comprehensive Income

6 Months Ended

Jun. 30, 2011

Other Comprehensive Income

Other Comprehensive Income

5.Other Comprehensive Income

The Corporation's other comprehensive income items are unrealized gains on securities available for sale and unfunded pension liability.  The components of other comprehensive income for the three month and six month periods ended June 30 were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
In thousands	2011		2010		2011		2010
Unrealized holding gains on available for sale securities arising during the period	$	1,874	$	1,905	$	1,620	$	2,999
Reclassification of (gains) losses realized in net income	—		1		—		(25		)
Net Unrealized Gains	1,874		1906		1,620		2,974
Tax effect	637		648		551		1,011
	1,237		1,258		1,069		1,963
Change in pension liability	48		122		96		244
Tax effect	17		42		34		84
	31		80		62		160
Other Comprehensive Income	$	1,268	$	1,338	$	1,131	$	2,123

The components of the accumulated other comprehensive income, net of taxes, are as follows:

In thousands	Unrealized Gains on Securities		Pension Liability			Accumulated Other Comprehensive Income
BALANCE, JUNE 30, 2011	$	4,992	$	(2,679	)	$	2,313
BALANCE, DECEMBER 31, 2010	$	3,923	$	(2,741	)	$	1,182
BALANCE, JUNE 30, 2010	$	6,169	$	(4,402	)	$	1,767