Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2013

Components of Accumulated Other Comprehensive Income, Net of Tax

The following table presents the activity in accumulated other comprehensive income (“AOCI”), net of tax, by component for the periods indicated:

	Gains (Losses) on Cash Flow Hedges			Unrealized Gains (Losses) on Available-for-Sale Securities			Employee Benefit Plan			Total
(Amounts in thousands)
Beginning balance, January 1, 2011	$	(20	)	$	(11,213	)	$	(957	)	$	(12,190	)
Other comprehensive gain (loss) before reclassifications		20			7,341			(770	)		6,591
Reclassified from AOCI		—			(1,869	)		140			(1,729	)
Net other comprehensive gain (loss)		20			5,472			(630	)		4,862
Ending balance, December 31, 2011	$	—		$	(5,741	)	$	(1,587	)	$	(7,328	)
Beginning balance, January 1, 2012	$	—		$	(5,741	)	$	(1,587	)	$	(7,328	)
Other comprehensive gain (loss) before reclassifications		—			5,173			(122	)		5,051
Reclassified from AOCI		—			285			167			452
Net other comprehensive gain		—			5,458			45			5,503
Ending balance, December 31, 2012	$	—		$	(283	)	$	(1,542	)	$	(1,825	)
Beginning balance, January 1, 2013	$	—		$	(283	)	$	(1,542	)	$	(1,825	)
Other comprehensive (loss) gain before reclassifications		—			(13,307	)		237			(13,070	)
Reclassified from AOCI		—			(50	)		205			155
Net comprehensive (loss) gain		—			(13,357	)		442			(12,915	)
Ending balance, December 31, 2013	$	—		$	(13,640	)	$	(1,100	)	$	(14,740	)

Reclassifications Out of Accumulated Other Comprehensive Income

The following table presents reclassifications out of AOCI by component in the periods indicated:

	Year Ended December 31,									Income Statement Line Item Affected
(Amounts in thousands)	2013			2012			2011
Available-for-sale securities
Gains realized in net income	$	(399	)	$	(483	)	$	(5,264	)	Net gain on sale of securities
Credit-related OTTI recognized in net income		320			942			2,285		Net impairment losses recognized in earnings
		(79	)		459			(2,979	)	Income before taxes
Income tax effect		(29	)		174			(1,110	)	Income tax expense (benefit)
		(50	)		285			(1,869	)	Net income
Employee benefit plans
Amortization of prior service cost		277			223			223		(1)
Amortization of gains		50			45			—		(1)
		327			268			223		Income before taxes
Income tax effect		122			101			83		Income tax expense (benefit)
		205			167			140		Net income
Reclassified from AOCI, net of tax	$	155		$	452		$	(1,729	)	Net income

(1) Amortization is included in net periodic pension cost. See Note 13, “Employee Benefit Plans.”