Other Comprehensive Income

6 Months Ended

Jun. 30, 2012

Other Comprehensive Income [Abstract]

Other Comprehensive Income

NOTE 5.  Other Comprehensive Income (Loss)

The following table shows the changes in other comprehensive income (loss) for the three months ended June 30, 2012 and 2011:

	For the three months ended June 30,
	2012						2011
(In thousands)	Pre-tax		Tax		After-tax		Pre-tax		Tax		After-tax
Net unrealized gains on securities:
Balance, beginning of period					$	818					$	615
Unrealized holding gains arising during period	$	469	$	170		299	$	1,065	$	422		643
Less: Reclassification adjustment for gains included in net income		283		95		188		30		10		20
Net unrealized gains on securities arising during the period		186		75		111		1,035		412		623
Balance, end of period						929						1,238
Net unrealized gains (losses) on cash flow hedges:
Balance, beginning of period					$	-					$	(216)
Unrealized holding gain on cash flow hedges arising during the period	$	-	$	-		-	$	124	$	50		74
Balance, end of period						-						(142)
Total accumulated other comprehensive income					$	929					$	1,096

The following table shows the changes in other comprehensive income (loss) for the six months ended June 30, 2012 and 2011:

	For the six months ended June 30,
	2012						2011
(In thousands)	Pre-tax		Tax		After-tax		Pre-tax		Tax		After-tax
Net unrealized gains (losses) on securities:
Balance, beginning of period					$	1,147					$	423
Unrealized holding gains arising during period	$	145	$	26		119	$	1,511	$	593		918
Less: Reclassification adjustment for gains included in net income		507		170		337		155		52		103
Net unrealized gains (losses) on securities arising during the period		(362)		(144)		(218)		1,356		541		815
Balance, end of period						929						1,238
Net unrealized gains (losses) on cash flow hedges:
Balance, beginning of period					$	(26)					$	(300)
Unrealized holding gain on cash flow hedges arising during the period	$	43	$	17		26	$	263	$	105		158
Balance, end of period						-						(142)
Total accumulated other comprehensive income					$	929					$	1,096