OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Dec. 31, 2012

Other Comprehensive Income Loss [Abstract]

Other Comprehensive Income (Loss)

NOTE 18 – OTHER COMPREHENSIVE INCOME (LOSS)

Comprehensive income is defined as net income plus transactions and other occurrences that are the result of non-owner changes in equity. For financial statements presented for the Company, non-equity changes are comprised of unrealized gains or losses on available-for-sale debt securities and any minimum pension liability adjustments. These do not have an impact on the Company’s net income. The following table presents the activity in net accumulated other comprehensive income (loss) for the periods indicated:

(In thousands)	Unrealized Gains (Losses) on Investments Available-for-Sale			Defined Benefit Pension Plan			Total
Balance at January 1, 2010	$	3,845		$	(6,497	)	$	(2,652	)
Period change, net of tax		(81	)		113			32
Balance at December 31, 2010		3,764			(6,384	)		(2,620	)
Period change, net of tax		16,242			(374	)		15,868
Balance at December 31, 2011		20,006			(6,758	)		13,248
Period change, net of tax		252			(2,188	)		(1,936	)
Balance at December 31, 2012	$	20,258		$	(8,946	)	$	11,312