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Other Comprehensive Income
3 Months Ended
Mar. 31, 2012
Equity [Abstract]  
Other Comprehensive Income
Other Comprehensive Income
The following table presents the activity in other comprehensive income (loss) during the periods indicated:
Three months ended March 31,
2012
 
2011
(Dollars in thousands)
Pre-tax
Income taxes
Net
 
Pre-tax
Income taxes
Net
Securities available for sale:
 
 
 
 
 
 
 
Unrealized gains on securities arising during the period

$241


$98


$143

 

$141


$52


$89

Reclassification adjustments for net realized losses on securities included in net income
85

30

55

 
83

30

53

Net unrealized gains on securities available for sale
326

128

198

 
224

82

142

Reclassification adjustment of credit-related OTTI realized losses transferred to net income
124

44

80

 
(21
)
(8
)
(13
)
Cash flow hedges:
 
 
 
 
 
 
 
Unrealized (losses) gains on cash flow hedges arising during the period
(119
)
(44
)
(75
)
 
76

27

49

Reclassification adjustments for net realized gains on cash flow hedges included in net income
171

61

110

 
191

68

123

Net unrealized gains on cash flow hedges
52

17

35

 
267

95

172

Defined benefit plan obligation adjustment
266

82

184

 
93

33

60

Total other comprehensive income

$768


$271


$497

 

$563


$202


$361



The following table presents the components of accumulated other comprehensive income as of the dates indicated:
(Dollars in thousands)
Net Unrealized Gains on AFS Securities
 
Noncredit -related Impairment
 
Net Unrealized Losses on Cash Flow Hedges
 
Pension Benefit Adjustment
 
Total
Balance at December 31, 2011

$13,143

 

($2,062
)
 

($1,127
)
 

($11,849
)
 

($1,895
)
Period change, net of tax
198

 
80

 
35

 
184

 
497

Balance at March 31, 2012

$13,341

 

($1,982
)
 

($1,092
)
 

($11,665
)
 

($1,398
)
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2010

$11,936

 

($2,150
)
 

($671
)
 

($5,090
)
 

$4,025

Period change, net of tax
142

 
(13
)
 
172

 
60

 
361

Balance at March 31, 2011

$12,078

 

($2,163
)
 

($499
)
 

($5,030
)
 

$4,386