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Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Schedule of Other Comprehensive Income (Loss)
The following tables present the components of other comprehensive income (loss), both gross and net of tax, for the three and nine months ended September 30, 2018 and 2017:
 
For the Three Months Ended
 
September 30, 2018
 
September 30, 2017
 
Before Tax
 
Tax Effect
 
After Tax
 
Before Tax
 
Tax Effect
 
After Tax
 
(In thousands)
Components of Other Comprehensive (Loss) Income:
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains and losses on securities available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
Net (losses) gains arising during the period
$
(5,992
)
 
634

 
(5,358
)
 
5,079

 
(1,813
)
 
$
3,266

Accretion of unrealized gain (loss) on securities reclassified as held-to-maturity
1

 
(12
)
 
(11
)
 
(402
)
 
144

 
(258
)
Reclassification adjustment for gains included in net income
—

 
3

 
3

 
—

 
—

 
—

 
(5,991
)
 
625

 
(5,366
)
 
4,677

 
(1,669
)
 
3,008

 
 
 
 
 
 
 
 
 
 
 
 
     Unrealized gain on swap contract
1,554

 
(314
)
 
1,240

 
143

 
(50
)
 
93

 
1,554

 
(314
)
 
1,240

 
143

 
(50
)
 
93

 
 
 
 
 
 
 
 
 
 
 
 
Employee benefit plans:
 
 
 
 
 
 
 
 
 
 
 
Amortization of prior service cost included in net income
—

 
—

 
—

 
—

 
—

 
—

Reclassification adjustment of actuarial net gain included in net income
—

 
—

 
—

 
—

 
25

 
25

Change in funded status of retirement obligations
—

 
(1,908
)
 
(1,908
)
 
23,115

 
(8,283
)
 
14,832

 
—

 
(1,908
)
 
(1,908
)
 
23,115

 
(8,258
)
 
14,857

Total other comprehensive (loss) income
$
(4,437
)
 
(1,597
)
 
(6,034
)
 
27,935

 
(9,977
)
 
$
17,958


 
For the Nine Months Ended
 
September 30, 2018
 
September 30, 2017
 
Before Tax
 
Tax Effect
 
After Tax
 
Before Tax
 
Tax Effect
 
After Tax
 
(In thousands)
Components of Other Comprehensive (Loss) Income:
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains and losses on securities available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
Net (losses) gains arising during the period
$
(23,253
)
 
5,067

 
(18,186
)
 
8,419

 
(3,020
)
 
$
5,399

Accretion of unrealized loss on securities reclassified as held-to-maturity
(17
)
 
5

 
(12
)
 
(402
)
 
144

 
(258
)
Reclassification adjustment for gains included in net income
116

 
(26
)
 
90

 
—

 
—

 
—

 
(23,154
)
 
5,046

 
(18,108
)
 
8,017

 
(2,876
)
 
5,141

 
 
 
 
 
 
 
 
 
 
 
 
     Unrealized gain on swap contract
2,232

 
(486
)
 
1,746

 
95

 
(33
)
 
62

 
2,232

 
(486
)
 
1,746

 
95

 
(33
)
 
62

 
 
 
 
 
 
 
 
 
 
 
 
Employee benefit plans:
 
 
 
 
 
 
 
 
 
 
 
Amortization of prior service cost included in net income
125

 
(27
)
 
98

 
—

 
(1
)
 
(1
)
Reclassification adjustment of actuarial net gain included in net income
663

 
(144
)
 
519

 
1,998

 
(619
)
 
1,379

Change in funded status of retirement obligations
(789
)
 
174

 
(615
)
 
21,117

 
(7,716
)
 
13,401

 
(1
)
 
3

 
2

 
23,115

 
(8,336
)
 
14,779

Total other comprehensive (loss) income
$
(20,923
)
 
4,563

 
(16,360
)
 
31,227

 
(11,245
)
 
$
19,982
Components of Other Comprehensive Income (Loss)
The following tables present the changes in the components of accumulated other comprehensive (loss) income, net of tax, for the three and nine months ended September 30, 2018 and 2017:
 
For the Three Months Ended
 
September 30, 2018
 
September 30, 2017
 
Unrealized (Losses) Gains on Securities Available-for- Sale
 
Unrealized Gain on Swaps
 
Employee Benefit Plans
 
Accumulated Other Comprehensive Loss
 
Unrealized (Losses) Gains on Securities Available-for- Sale
 
Unrealized Gains (Losses) on Swaps
 
Employee Benefit Plans
 
Accumulated Other Comprehensive Loss
 
(In Thousands)
 
(In Thousands)
Balance at beginning of quarter
$
(20,086
)
 
730

 
(56,380
)
 
(75,736
)
 
(7,146
)
 
(31
)
 
(56,961
)
 
$
(64,138
)
Current period changes in other comprehensive (loss) income
(5,366
)
 
1,240

 
(1,908
)
 
(6,034
)
 
3,008

 
93

 
14,857

 
17,958

Total other comprehensive (loss) income
$
(25,452
)
 
1,970

 
(58,288
)
 
(81,770
)
 
(4,138
)
 
62

 
(42,104
)
 
$
(46,180
)


For the Nine Months Ended

September 30, 2018

September 30, 2017

Unrealized (Losses) Gains on Securities Available-for- Sale

Unrealized Gain on Swaps

Employee Benefit Plans
 
Accumulated Other Comprehensive Loss

Unrealized (Losses) Gains on Securities Available-for- Sale

Unrealized Gain on Swaps

Employee Benefit Plans
 
Accumulated Other Comprehensive Loss
 
(In Thousands)

(In Thousands)
Balance at beginning of year
$
(7,344
)

224


(58,290
)
 
(65,410
)

(9,279
)

—


(56,883
)
 
$
(66,162
)
Current period changes in other comprehensive (loss) income
(18,108
)

1,746


2

 
(16,360
)

5,141


62


14,779

 
19,982

Total other comprehensive (loss) income
$
(25,452
)

1,970


(58,288
)
 
(81,770
)

(4,138
)

62


(42,104
)
 
$
(46,180
)
    
    
Reclassification out of AOCI
The following table reflects amounts reclassified from accumulated other comprehensive (loss) income to the consolidated statements of income and the affected line item in the statement where net income is presented for the three and nine months ended September 30, 2018 and 2017:
 
 
For the Three Months Ended
 
 
 
 
9/30/2018
 
9/30/2017
 
 
 
 
(In Thousands)
 
 
Accumulated other Comprehensive (Loss) Income Components
 
 
 
 
 
Affected line items in the Consolidated Statements of Income
Reclassification adjustment for gains included in net income
 
$
—

 
$
—

 
Gains on securities transactions, net
Reclassification adjustment of actuarial net gain included in net income
 
—

 
—

 
Compensation and employee benefits expense
      Total before tax
 
—

 
—

 
 
      Income tax benefit
 
3

 
25

 
 
      Net of tax
 
$
3

 
$
25

 
 

 
 
For the Nine Months Ended
 
 
 
 
9/30/2018
 
9/30/2017
 
 
 
 
(In Thousands)
 
 
Accumulated other Comprehensive (Loss) Income Components
 
 
 
 
 
Affected line items in the Consolidated Statements of Income
Reclassification adjustment for gains included in net income
 
$
116

 
$
—

 
Gains on securities transactions, net
Reclassification adjustment of actuarial net gain included in net income
 
663

 
1,998

 
Compensation and employee benefits expense
      Total before tax
 
779

 
1,998

 
 
      Income tax benefit
 
(170
)
 
(619
)
 
 
      Net of tax
 
$
609

 
$
1,379