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Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2011
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] 
Schedule of Comprehensive Income
The components of comprehensive income are as follows:
 
 
 
Three Months Ended
 
 
September 30,
(in thousands)
 
2011
 
2010
Net income as reported
 
$
18,872

 
$
5,204

Unrealized gain from securities:
 
 
 
 
Net unrealized holding gain from available for sale securities arising during the period, net of tax of ($2,808) and ($2,611)
 
4,988

 
4,739

Reclassification adjustment of net gain from sale of available for sale securities included in income, net of tax of $0 and $0
 

 

Net unrealized gain from securities, net of reclassification adjustment
 
4,988

 
4,739

Cash flow hedging instruments:
 
 
 
 
Reclassification adjustment of net gain included in income, net of tax of $0 and $119
 

 
(216
)
Net change in cash flow hedging instruments
 

 
(216
)
Pension plan liability adjustment:
 
 
 
 
Net unrealized gain from unfunded defined benefit plan liability arising during the period, net of tax of $0 and $0
 

 

Less: amortization of unrecognized net actuarial loss included in net periodic pension cost, net of tax of ($8) and ($4)
 
14

 
7

Pension plan liability adjustment, net
 
14

 
7

Total comprehensive income
 
$
23,874

 
$
9,734

 
 
 
 
 
 
 
Nine Months Ended
 
 
September 30,
(in thousands)
 
2011
 
2010
Net income as reported
 
$
33,283

 
$
18,176

Unrealized gain from securities:
 
 
 
 
Net unrealized holding gain from available for sale securities arising during the period, net of tax of ($7,733) and ($6,553)
 
13,768

 
11,897

Reclassification adjustment of net gain from sale of available for sale securities included in income, net of tax of $0 and $20
 

 
(38
)
Net unrealized gain from securities, net of reclassification adjustment
 
13,768

 
11,859

Cash flow hedging instruments:
 
 
 
 
Reclassification adjustment of net gain included in income, net of tax of $79 and $520
 
(143
)
 
(943
)
Net change in cash flow hedging instruments
 
(143
)
 
(943
)
Pension plan liability adjustment:
 
 
 
 
Net unrealized gain (loss) from unfunded defined benefit plan liability arising during the period, net of tax of $154 and ($12)
 
(260
)
 
23

Less: amortization of unrecognized net actuarial loss included in net periodic pension cost, net of tax of ($23) and ($11)
 
41

 
21

Pension plan liability adjustment, net
 
(219
)
 
44

Total comprehensive income
 
$
46,689

 
$
29,136