CHANGES IN AND RECLASSIFICATIONS FROM ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

6 Months Ended

Jun. 30, 2013

Changes in accumulated other comprehensive income by component consists of the following:

	Three Months Ended		Six Months Ended
	June 30, 2013		June 30, 2013
	Unrealized Gains		Unrealized Gains
	and Losses on		and Losses on
	Available-for-Sale		Available-for-Sale
(Dollars in thousands)	Securities (1)		Securities (1)

Beginning balance	$	93	$	1,270
Other comprehensive income (loss) before reclassification		(7,378)		(8,328)
Amounts reclassified from accumulated other comprehensive income		-		(227)
Net other comprehensive income (loss)		(7,378)		(8,555)
Ending balance	$	(7,285)	$	(7,285)

(1) All amounts are net of tax.

Reclassifications out of accumulated other comprehensive income consists of the following:

Three months ended June 30, 2013

(Dollars in thousands)

	Amount
Details about	Reclassified From		Affected Line Item
Accumulated Other	Accumulated Other		in the
Comprehensive	Comprehensive		Consolidated
Income Components	Income		Statement of Operations

Unrealized gains and losses on available-for-sale securities	$	334	Gain on sale of investments
		(334)	Loss on sale of investments
		-	Total before tax
		-	Income taxes/(benefits)
Total amount reclassified	$	-	Net income (loss)

Six months ended June 30, 2013

(Dollars in thousands)

	Amount
Details about	Reclassified From		Affected Line Item
Accumulated Other	Accumulated Other		in the
Comprehensive	Comprehensive		Consolidated
Income Components	Income		Statement of Operations

Unrealized gains and losses on available-for-sale securities	$	843	Gain on sale of investments
		(616)	Loss on sale of investments
		227	Total before tax
		-	Income taxes/(benefits)
Total amount reclassified	$	227	Net income (loss)