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Changes and Reclassifications Out of Accumulated Other Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2015
Changes and Reclassifications Out of Other Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes and Reclassifications Out of Accumulated Other Comprehensive Income

The following table presents the changes in AOCI by component of comprehensive income for the three and nine months ended September 30, 2015 and 2014:
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2015
 
September 30, 2015
(In thousands)
Pretax
 
Tax
 
After tax
 
Pretax
 
Tax
 
After tax
Unrealized and realized securities gains and losses:
 
 
 
 
 
 
 
 
 
 
 
Balance at the beginning of the period
$
(5,056
)
 
$
(1,769
)
 
$
(3,287
)
 
$
(8,531
)
 
$
(2,985
)
 
$
(5,546
)
Changes in unrealized securities' holding gains/(losses)
25,691

 
8,991

 
16,700

 
31,166

 
10,908

 
20,258

Changes in unrealized securities' holding gains/(losses) that result from securities being transferred from available-for-sale into held-to-maturity
(1,266
)
 
(442
)
 
(824
)
 
(2,345
)
 
(821
)
 
(1,524
)
Net losses/(gains) realized on sale of securities reclassified to noninterest income
(41
)
 
(14
)
 
(27
)
 
(962
)
 
(336
)
 
(626
)
Balance at the end of the period
19,328

 
6,766

 
12,562

 
19,328

 
6,766

 
12,562

Pension plans and other postretirement benefits:
 
 
 
 
 
 
 
 
 
 
 
Balance at the beginning of the period
(98,972
)
 
(34,639
)
 
(64,333
)
 
(102,068
)
 
(35,722
)
 
(66,346
)
Current year actual losses/(gains)

 

 

 

 

 

Amortization of actuarial losses/(gains)
1,138

 
399

 
739

 
3,414

 
1,195

 
2,219

Amortization of prior service cost reclassified to other noninterest expense
410

 
144

 
266

 
1,230

 
431

 
799

Balance at the end of the period
(97,424
)
 
(34,096
)
 
(63,328
)
 
(97,424
)
 
(34,096
)
 
(63,328
)
Total Accumulated Other Comprehensive Income
$
(78,096
)
 
$
(27,330
)
 
$
(50,766
)
 
$
(78,096
)
 
$
(27,330
)
 
$
(50,766
)
 
 
 
 
 
 
 
 
 
 
 
 


 
Three Months Ended
 
Nine Months Ended
 
September 30, 2014
 
September 30, 2014
(In thousands)
Pretax
 
Tax
 
After tax
 
Pretax
 
Tax
 
After tax
Unrealized and realized securities gains and losses:
 
 
 
 
 
 
 
 
 
 
 
Balance at the beginning of the period
$
(5,696
)
 
$
(1,994
)
 
$
(3,702
)
 
$
(45,072
)
 
$
(15,775
)
 
$
(29,297
)
Changes in unrealized securities' holding gains/(losses)
(16,207
)
 
(5,672
)
 
(10,535
)
 
24,293

 
8,503

 
15,790

Changes in unrealized securities' holding gains/(losses) that result from securities being transferred from available-for-sale into held-to-maturity
(563
)
 
(197
)
 
(366
)
 
(1,551
)
 
(543
)
 
(1,008
)
Net losses/(gains) realized on sale of securities reclassified to noninterest income
(14
)
 
(5
)
 
(9
)
 
(150
)
 
(53
)
 
(97
)
Balance at the end of the period
(22,480
)
 
(7,868
)
 
(14,612
)
 
(22,480
)
 
(7,868
)
 
(14,612
)
Pension plans and other postretirement benefits:
 
 
 
 
 
 
 
 
 
 
 
Balance at the beginning of the period
(55,084
)
 
(19,279
)
 
(35,805
)
 
(57,812
)
 
(20,233
)
 
(37,579
)
Current year actual losses/(gains)

 

 

 

 

 

Amortization of actuarial losses/(gains)
768

 
269

 
499

 
2,398

 
839

 
1,559

Amortization of prior service cost reclassified to other noninterest expense
516

 
181

 
335

 
1,614

 
565

 
1,049

Balance at the end of the period
(53,800
)
 
(18,829
)
 
(34,971
)
 
(53,800
)
 
(18,829
)
 
(34,971
)
Total Accumulated Other Comprehensive Income
$
(76,280
)
 
$
(26,697
)
 
$
(49,583
)
 
$
(76,280
)
 
$
(26,697
)
 
$
(49,583
)
 
 
 
 
 
 
 
 
 
 
 
 

Tax Effect of Changes and Reclassifications Out of Accumulated Other Comprehensive Income
The following table presents current period reclassifications out of AOCI by component of comprehensive income for the three and nine months ended September 30, 2015 and 2014:
 
 
Three Months Ended
 
Nine Months Ended
 
 
(In thousands)
 
September 30, 2015
 
September 30, 2015
 
Income statement line item presentation
Realized (gains)/losses on sale of securities
 
$
(41
)
 
$
(962
)
 
Investment securities losses (gains), net
Tax expense (benefit) (35%)
 
(14
)
 
(336
)
 
Income tax expense (benefit)
Reclassified amount, net of tax
 
$
(27
)
 
$
(626
)
 
 
 
 
 
 
 
 
 


 
 
Three Months Ended
 
Nine Months Ended
 
 
(In thousands)
 
September 30, 2014
 
September 30, 2014
 
Income statement line item presentation
Realized (gains)/losses on sale of securities
 
$
(14
)
 
$
(150
)
 
Investment securities losses (gains), net
Tax expense (benefit) (35%)
 
(5
)
 
(53
)
 
Income tax expense (benefit)
Reclassified amount, net of tax
 
$
(9
)
 
$
(97
)