Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

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OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Amounts allocated to other comprehensive income (loss)

For the periods presented, reclassifications adjustments related to securities held for sale was not material.

 

(Dollars in Thousands)   Before
Tax
Amount		     Tax
(Expense)
Benefit		     Net of
Tax
Amount		  
Three Months Ended September 30, 2014                        
Investment Securities:                        
Change in net unrealized gain/loss on securities available for sale   $ (173 )   $ 61     $ (112 )
Amortization of losses on securities transferred from available for sale to held to maturity     17       (7 )     10  
Total Other Comprehensive Loss   $ (156 )   $ 54     $ (102 )
                         
Nine Months Ended September 30, 2014                        
Investment Securities:                        
Change in net unrealized gain/ loss on securities available for sale   $ 78     $ (36 )   $ 42  
Amortization of losses on securities transferred from available for sale to held  to maturity     53       (20 )     33  
Total Other Comprehensive Income   $ 131     $ (56 )   $ 75  
                   
 (Dollars in Thousands)   Before
Tax
Amount		     Tax
(Expense)
Benefit		     Net of
Tax
Amount		  
Three Months Ended September 30, 2013                        
Investment Securities:                        
Change in net unrealized gain/loss on securities available for sale   $ 459     $ (177 )   $ 282  
Unrealized losses on securities transferred from available for sale to held to maturity     (523 )     202       (321 )
Amortization of losses on securities transferred from available for sale to held to maturity     7       (3 )     4  
Reclassification adjustment for impairment loss realized in net income     210       (158 )     52  
Total Other Comprehensive Income   $ 153     $ 136     $ 17  
                         
Nine Months Ended September 30, 2013                        
Investment Securities:                        
Change in net unrealized gain/loss on securities available for sale   $ (1,149 )   $ 445     $ (704 )
Unrealized losses on securities transferred from available for sale to held to maturity     (523 )     202       (321 )
Amortization of losses on securities transferred from available for sale to held to maturity     7       (3 )     4  
Reclassification adjustment for impairment loss realized in net income     410       (158 )     252  
Total Other Comprehensive Loss   $ (1,255 )   $ 486     $ (769 )
Activity in accumulated other comprehensive loss, net of tax

Accumulated other comprehensive loss was comprised of the following components:

                   
 (Dollars in Thousands)   Securities
Available
for Sale		     Retirement
Plans		     Accumulated
Other
Comprehensive
Loss		  
Balance as of January 1, 2014   $ (132 )   $ (8,408 )   $ (8,540 )
Other comprehensive income during the period     75       —       75  
Balance as of September 30, 2014   $ (57 )   $ (8,408 )   $ (8,465 )
                         
Balance as of January 1, 2013   $ 573     $ (30,132 )   $ (29,559 )
Other comprehensive loss during the period     (769 )     —       (769 )
Balance as of September 30, 2013   $ (196 )   $ (30,132 )   $ (30,328 )