OTHER COMPREHENSIVE INCOME (Tables)

9 Months Ended

Sep. 30, 2014

Other Comprehensive Income [Abstract]

Net Accumulated Other Comprehensive Income (Loss)

(In thousands)		Unrealized Gains (Losses) on Investments Available-for-Sale		Defined Benefit Pension Plan		Total
Balance at January 1, 2014	$	358	$	(3,328)	$	(2,970)
Other comprehensive income before reclassification, net of tax		6,495		-		6,495
Reclassifications from accumulated other comprehensive income, net of tax		5		102		107
Current period change in other comprehensive income, net of tax		6,500		102		6,602
Balance at September 30, 2014	$	6,858	$	(3,226)	$	3,632
(In thousands)		Unrealized Gains (Losses) on Investments Available-for-Sale		Defined Benefit Pension Plan		Total
Balance at January 1, 2013	$	20,258	$	(8,946)	$	11,312
Other comprehensive income before reclassification, net of tax		(14,990)		-		(14,990)
Reclassifications from accumulated other comprehensive income, net of tax		71		715		786
Current period change in other comprehensive income, net of tax		(14,919)		715		(14,204)
Balance at September 30, 2013	$	5,339	$	(8,231)	$	(2,892)

Reclassification Adjustments Out of Accumulated Other Comprehensive Income

		Nine Months Ended September 30,
(In thousands)		2014		2013
Unrealized gains/(losses) on investments available-for-sale
Affected line item in the Statements of Income:
Investment securities gains	$	8	$	118
Income before taxes		8		118
Tax expense		3		47
Net income	$	5	$	71
Amortization of defined benefit pension plan items
Affected line item in the Statements of Income:
Recognized actuarial loss  1	$	183	$	1,176
Income before taxes		183		1,176
Tax expense		81		461
Net income	$	102	$	715
1  This amount is included in the computation of net periodic pension cost, see Note 9