OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Dec. 31, 2013

OTHER COMPREHENSIVE INCOME (LOSS)

OTHER COMPREHENSIVE INCOME (LOSS)

17. OTHER COMPREHENSIVE INCOME (LOSS)

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

Years Ended December 31,	2013			2012			2011
(In thousands)
Unrealized holding (losses) gains on available for sale securities	$	(23,771	)	$	(2,321	)	$	3,758
Reclassification adjustment for gains realized in income	(659		)	(2,647		)	(135		)
Income tax effect	9,698			1,972			(1,438		)
Net change in unrealized (loss) gain on available for sale securities	(14,732		)	(2,996		)	2,185
Change in post-retirement obligation	3,162			425			(2,527		)
Income tax effect	(1,255		)	(169		)	1,003
Net change in post-retirement obligation	1,907			256			(1,524		)
Change in fair value of derivatives used for cash flow hedges	12			(176		)	—
Reclassification adjustment for gains realized in income	—			—			—
Income tax effect	(5		)	70			—
Net change in unrealized gain (loss) on cash flow hedge	7			(106		)	—
Total	$	(12,818	)	$	(2,846	)	$	661

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

Details about Accumulated Other Comprehensive Income	Balance as of December 31, 2012			Current Period Change			Balance as of December 31, 2013
(In thousands)
Unrealized gains (losses) on available for sale securities	$	2,738		$	(14,732	)	$	(11,994	)
Unrealized (losses) gains on pension benefits	(3,050		)	1,907			(1,143		)
Unrealized (losses) gains on cash flow hedges	(106		)	7			(99		)
Total	$	(418	)	$	(12,818	)	$	(13,236	)

The following represents the reclassifications out of accumulated other comprehensive income for the year ended December 31, 2013:

Details about accumulated Other Comprehensive Income		Amount Reclassified from Accumulated Other Comprehensive Income		Affected Line Item in the Consolidated Statements of Income
(In thousands)
Realized gain on sale of available for sale securities	$	659		Net securities gains
Income tax expense		(262	)	Income tax expense
Net of income tax		397
Amortization of defined benefit pension plan and the defined benefit plan component of the SERP:
Prior service credit (cost)	$	77		Salaries and employee benefits
Transition obligation		(28	)	Salaries and employee benefits
Actuarial losses		(340	)	Salaries and employee benefits
		(291	)
Income tax benefit		116
Net of income tax		(175	)	Income tax expense
Total reclassifications, net of tax	$	222