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Shareholders' Equity
 3 Months Ended
Mar. 31, 2014
Stockholders' Equity Note [Abstract]  
Shareholders' Equity [Text Block]
(9) Shareholders' Equity

On April 29, 2014, the Company declared a a quarterly cash dividend of $0.40 per common share on or about May 30, 2014 to shareholders of record as of May 16, 2014.

Dividends declared were $0.40 per share during the three months ended March 31, 2014 and $0.38 per share during the three months ended March 31, 2013.

Accumulated Other Comprehensive Income (Loss)

AOCI includes unrealized gains and losses on available for sale ("AFS") securities and non-credit related unrealized losses on AFS securities for which an other-than-temporary impairment has been recorded in earnings. AOCI also includes unrealized gains on AFS securities that were transferred from AFS to investment securities in the third quarter of 2011. Such amounts are being amortized over the estimated remaining life of the security as an adjustment to yield, offsetting the related amortization of premium on the transferred securities. Unrealized losses on employee benefit plans will be reclassified into income as pension plan costs are recognized over the remaining service period of plan participants. Accumulated losses on the interest rate lock hedge of the 2005 subordinated debt issuance are being reclassified into income over the ten-year life of the debt. Gains and losses in AOCI are net of deferred income taxes.

A rollforward of the components of accumulated other comprehensive income (loss) is included as follows (in thousands):
 
 
Unrealized Gain (Loss) on
 
 
 
 
 
 
Available for Sale Securities
 
Investment Securities Transferred from AFS
 
Employee Benefit Plans
 
Loss on Effective Cash Flow Hedges
 
Total
Balance, December 31, 2012
 
$
155,553

 
$
3,078

 
$
(8,296
)
 
$
(415
)
 
$
149,920

Net change in unrealized gain (loss)
 
(21,359
)
 
—

 
—

 
—

 
(21,359
)
Reclassification adjustments included in earnings:
 
 
 
 
 
 
 
 
 
 
Interest revenue, Investment securities, Taxable securities
 
—

 
(1,148
)
 
—

 
—

 
(1,148
)
Interest expense, Subordinated debentures
 
—

 
—

 
—

 
52

 
52

Net impairment losses recognized in earnings
 
247

 
—

 
—

 
—

 
247

Gain on available for sale securities, net
 
(4,855
)
 
—

 
—

 
—

 
(4,855
)
Other comprehensive income (loss), before income taxes
 
(25,967
)
 
(1,148
)
 
—

 
52

 
(27,063
)
Federal and state income taxes1
 
10,100

 
446

 
—

 
(20
)
 
10,526

Other comprehensive income (loss), net of income taxes
 
(15,867
)
 
(702
)
 
—

 
32

 
(16,537
)
Balance, March 31, 2013
 
$
139,686

 
$
2,376

 
$
(8,296
)
 
$
(383
)
 
$
133,383

 
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2013
 
$
(23,175
)
 
$
1,118

 
$
(3,311
)
 
$
(255
)
 
$
(25,623
)
Net change in unrealized gains (losses)
 
54,615

 
—

 
(2
)
 
—

 
54,613

Reclassification adjustments included in earnings:
 
 
 
 
 
 
 
 
 
 
Interest revenue, Investment securities, Taxable securities
 
—

 
(403
)
 
—

 
—

 
(403
)
Interest expense, Subordinated debentures
 
—

 
—

 
—

 
83

 
83

Gain on available for sale securities, net
 
(1,240
)
 
—

 
—

 
—

 
(1,240
)
Other comprehensive income (loss), before income taxes
 
53,375

 
(403
)
 
(2
)
 
83

 
53,053

Federal and state income taxes1
 
(20,762
)
 
158

 
1

 
(32
)
 
(20,635
)
Other comprehensive income (loss), net of income taxes
 
32,613

 
(245
)
 
(1
)
 
51

 
32,418

Balance, March 31, 2014
 
$
9,438

 
$
873

 
$
(3,312
)
 
$
(204
)
 
$
6,795


1 
Calculated using a 39% effective tax rate.