COMPREHENSIVE LOSS (Tables)

12 Months Ended

Dec. 31, 2013

Components of Other Comprehensive Income (Loss) and Related Tax Effects

The components of other comprehensive (loss) income and the related tax effects for December 31, 2013 and 2012 are as follows:

	For the year ended December 31, 2013
(In thousands)	Before tax amount			Tax expense (benefit)			Net of tax amount
Unrealized losses on investment securities:
Unrealized holding losses arising during period	$	(10,291	)	$	(3,572	)	$	(6,719	)
Less reclassification adjustment for gains realized in net income		158			54			104
Unrealized losses on investment securities		(10,449	)		(3,626	)		(6,823	)
Unrecognized benefit obligation expense:
Actuarial gain		950			323			627
Less reclassification adjustment for amortization		(328	)		(112	)		(216	)
		1,278			435			843
Other comprehensive loss, net	$	(9,171	)	$	(3,191	)	$	(5,980	)

	For the year ended December 31, 2012
(In thousands)	Before tax amount			Tax expense (benefit)			Net of tax amount
Unrealized losses on investment securities:
Unrealized holding losses arising during period	$	(1,573	)	$	(535	)	$	(1,038	)
Less adjustment for impaired investments		(2,359	)		(802	)		(1,557	)
Less reclassification adjustment for gains realized in net loss		1,030			350			680
Unrealized losses on investment securities		(244	)		(83	)		(161	)
Unrecognized benefit obligation expense:
Actuarial loss		(1,655	)		(563	)		(1,092	)
Less reclassification adjustment for amortization		(471	)		(160	)		(311	)
		(1,184	)		(403	)		(781	)
Other comprehensive loss, net	$	(1,428	)	$	(486	)	$	(942	)

Other Components of Accumulated Comprehensive Income (Loss) in Shareholder's Equity

The other components of accumulated other comprehensive loss included in shareholders’ equity at December 31, 2013 and 2012 are as follows:

	As of December 31,
(In thousands)	2013			2012
Unrecognized benefit obligation	$	(2,929	)	$	(3,556	)
Unrealized gains on AFS investments		(3,193	)		3,414
Accumulated other comprehensive loss	$	(6,122	)	$	(142	)

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

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