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Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Schedule of Other Comprehensive Income (Loss)
The following table presents the components of other comprehensive income (loss), both gross and net of tax, for the three months ended March 31, 2019 and 2018:
 
For the Three Months Ended March 31,
 
2019
 
2018
 
Before Tax
 
Tax Effect
 
After Tax
 
Before Tax
 
Tax Effect
 
After Tax
 
(In thousands)
Components of other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains and losses on debt securities available for sale:
$
11,766

 
$
(2,471
)
 
$
9,295

 
$
(11,594
)
 
$
1,609

 
$
(9,985
)
Accretion of unrealized gain (loss) on debt securities reclassified as held to maturity
13

 
(3
)
 
10

 
(17
)
 
36

 
19

Reclassification adjustment for gains included in net income
126

 
(26
)
 
100

 
116

 
(28
)
 
88

 
11,905

 
(2,500
)
 
9,405

 
(11,495
)
 
1,617

 
(9,878
)
Derivatives:
 
 
 
 
 
 
 
 
 
 
 
      Unrealized (loss) gain on swap contracts
(3,520
)
 
740

 
(2,780
)
 
382

 
(40
)
 
342

 
(3,520
)
 
740

 
(2,780
)
 
382

 
(40
)
 
342

 
 
 
 
 
 
 
 
 
 
 
 
Employee benefit plans:
 
 
 
 
 
 
 
 
 
 
 
Amortization of prior service cost included in net income
(32
)
 
7

 
(25
)
 
(24
)
 
(19
)
 
(43
)
Reclassification adjustment of actuarial net gain (loss) included in net income
164

 
(34
)
 
130

 
(8
)
 
(94
)
 
(102
)
Change in funded status of retirement obligations
(132
)
 
27

 
(105
)
 
33

 
(301
)
 
(268
)
 
—

 
—

 
—

 
1

 
(414
)
 
(413
)
Total other comprehensive income (loss)
$
8,385

 
$
(1,760
)
 
$
6,625

 
$
(11,112
)
 
$
1,163

 
$
(9,949
)
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 months ended March 31, 2019 and 2018:
 
For the Three Months Ended March 31,
 
2019
 
2018
 
Unrealized (Losses) Gains on Securities Available for Sale
 
Unrealized (Losses) Gains on Swaps
 
Employee Benefit Plans
 
Accumulated Other Comprehensive (Loss) Income
 
Unrealized (Losses) Gains on Securities Available for Sale
 
Unrealized Gains on Swaps
 
Employee Benefit Plans
 
Accumulated Other Comprehensive (Loss)
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at beginning of period
$
(13,226
)
 
$
(2,006
)
 
$
(56,665
)
 
$
(71,897
)
 
$
(7,344
)
 
$
224

 
$
(58,290
)
 
$
(65,410
)
Current period changes in other comprehensive income (loss)
9,405

 
(2,780
)
 
—

 
6,625

 
(9,878
)
 
342

 
(413
)
 
(9,949
)
Effect of adoption of ASU 2016-01
(548
)
 
—

 
—

 
(548
)
 
—


—


—

 
—

Total other comprehensive (loss) income
$
(4,369
)
 
$
(4,786
)
 
$
(56,665
)
 
$
(65,820
)
 
$
(17,222
)
 
$
566

 
$
(58,703
)
 
$
(75,359
)
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 months ended March 31, 2019 and 2018:
 
 
Accumulated Other Comprehensive (Loss) Income Components
 
 
 
 
For the Three Months Ended March 31,
 
Affected Line Items in the Consolidated Statements of Income
 
 
2019
 
2018
 
 
 
 
(In thousands)
 
 
 
 
 
 
 
 
 
Reclassification adjustment for gains included in net income
 
$
126

 
$
116

 
Gains on securities transactions

Reclassification adjustment of actuarial net gain (loss) included in net income
 
164

 
(8
)
 
Other non-interest expense
      Total before tax
 
290

 
108

 
 
      Income tax benefit
 
(60
)
 
(122
)
 
 
      Net of tax
 
$
230

 
$
(14
)