OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Dec. 31, 2012

OTHER COMPREHENSIVE INCOME (LOSS)

OTHER COMPREHENSIVE INCOME (LOSS)

16. OTHER COMPREHENSIVE INCOME (LOSS)

Other comprehensive income (loss) components and related income tax effects were as follows:

Years Ended December 31,	2012			2011			2010
(In thousands)
Unrealized holding (losses) gains on available for sale securities	$	(2,321	)	$	3,758		$	(1,518	)
Reclassification adjustment for gains realized in income	(2,647		)	(135		)	(1,303		)
Income tax effect	1,972			(1,438		)	1,121
Net change in unrealized (loss) gain on available for sale securities	(2,996		)	2,185			(1,700		)
Change in fair value of derivatives used for cash flow hedges	(176		)	—			—
Reclassification adjustment for gains realized in income	—			—			—
Income tax effect	70			—			—
Net change in unrealized loss on cash flow hedge	(106		)	—			—
Change in post-retirement obligation	425			(2,527		)	(91		)
Income tax effect	(169		)	1,003			36
Net change in post-retirement obligation	256			(1,524		)	(55		)
Total	$	(2,846	)	$	661		$	(1,755	)

The following is a summary of the accumulated other comprehensive income balances, net of income tax:

	Balance as of December 31, 2011			Current Period Change			Balance as of December 31, 2012
(In thousands)
Unrealized gains on available for sale securities	$	5,734		$	(2,996	)	$	2,738
Unrealized losses on cash flow hedges	—			(106		)	(106		)
Unrealized losses on pension benefits	(3,306		)	256			(3,050		)
Total	$	2,428		$	(2,486	)_	$	(418	)