CHANGES IN AND RECLASSIFICATIONS FROM ACCUMULATED OTHER COMPREHENSIVE INCOME

9 Months Ended

Sep. 30, 2013

Stockholders' Equity Note [Abstract]

Comprehensive Income (Loss) Note [Text Block]

13. CHANGES IN AND RECLASSIFICATIONS FROM ACCUMULATED OTHER COMPREHENSIVE INCOME

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

	Three Months Ended		Nine Months Ended
	September 30, 2013		September 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	$	(7,285)	$	1,270
Other comprehensive income (loss) before reclassification		(1,438)		(9,766)
Amounts reclassified from accumulated other comprehensive income		(12)		(239)
Net other comprehensive income (loss)		(1,450)		(10,005)
Ending balance	$	(8,735)	$	(8,735)

(1) All amounts are net of tax.

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

Three months ended September 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	$	235		Gain on sale of investments
		(223)		Loss on sale of investments
		12		Total before tax
		-		Income taxes/(benefits)
Total amount reclassified	$	12		Net income (loss)

Nine months ended September 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	$	1,078		Gain on sale of investments
		(839)		Loss on sale of investments
		239		Total before tax
		-		Income taxes/(benefits)
Total amount reclassified	$	239		Net income (loss)