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Changes and Reclassifications Out of Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 2016
Changes and Reclassifications Out of Other Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents the changes in AOCI by component of comprehensive income for the three and six months ended June 30, 2016 and 2015:
 
Three Months Ended
 
Six Months Ended
 
June 30, 2016
 
June 30, 2016
(In thousands)
Pretax
 
Tax
 
After tax
 
Pretax
 
Tax
 
After tax
Unrealized and realized securities gains and losses:
 
 
 
 
 
 
 
 
 
 
 
Balance at the beginning of the period
$
14,447

 
$
1,682

 
$
12,765

 
$
(32,786
)
 
$
(15,840
)
 
$
(16,946
)
Changes in unrealized securities' holding gains/(losses)
31,489

 
11,431

 
20,058

 
79,868

 
28,994

 
50,874

Changes in unrealized securities' holding gains/(losses) that result from securities being transferred from available-for-sale into held-to-maturity
(221
)
 
(79
)
 
(142
)
 
(1,072
)
 
(14
)
 
(1,058
)
Net losses/(gains) realized on sale of securities reclassified to noninterest income
(2,164
)
 
(786
)
 
(1,378
)
 
(2,459
)
 
(892
)
 
(1,567
)
Balance at the end of the period
43,551

 
12,248

 
31,303

 
43,551

 
12,248

 
31,303

Pension plans and other postretirement benefits:
 
 
 
 
 
 
 
 
 
 
 
Balance at the beginning of the period
(93,852
)
 
(32,746
)
 
(61,106
)
 
(95,760
)
 
(33,432
)
 
(62,328
)
Amortization of actuarial losses/(gains)
1,076

 
390

 
686

 
3,244

 
1,163

 
2,081

Amortization of prior service cost reclassified to other noninterest expense
(560
)
 
(204
)
 
(356
)
 
(820
)
 
(291
)
 
(529
)
Balance at the end of the period
(93,336
)
 
(32,560
)
 
(60,776
)
 
(93,336
)
 
(32,560
)
 
(60,776
)
Total Accumulated Other Comprehensive Income
$
(49,785
)
 
$
(20,312
)
 
$
(29,473
)
 
$
(49,785
)
 
$
(20,312
)
 
$
(29,473
)
 
 
 
 
 
 
 
 
 
 
 
 


 
Three Months Ended
 
Six Months Ended
 
June 30, 2015
 
June 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
$
24,728

 
$
8,656

 
$
16,072

 
$
(8,531
)
 
$
(2,985
)
 
$
(5,546
)
Changes in unrealized securities' holding gains/(losses)
(28,642
)
 
(10,024
)
 
(18,618
)
 
5,475

 
1,916

 
3,559

Changes in unrealized securities' holding gains/(losses) that result from securities being transferred from available-for-sale into held-to-maturity
(575
)
 
(203
)
 
(372
)
 
(1,079
)
 
(378
)
 
(701
)
Net losses/(gains) realized on sale of securities reclassified to noninterest income
(567
)
 
(198
)
 
(369
)
 
(921
)
 
(322
)
 
(599
)
Balance at the end of the period
(5,056
)
 
(1,769
)
 
(3,287
)
 
(5,056
)
 
(1,769
)
 
(3,287
)
Pension plans and other postretirement benefits:
 
 
 
 
 
 
 
 
 
 
 
Balance at the beginning of the period
(100,520
)
 
(35,181
)
 
(65,339
)
 
(102,068
)
 
(35,722
)
 
(66,346
)
Amortization of actuarial losses/(gains)
1,138

 
399

 
739

 
2,276

 
797

 
1,479

Amortization of prior service cost reclassified to other noninterest expense
410

 
144

 
266

 
820

 
287

 
533

Balance at the end of the period
(98,972
)
 
(34,638
)
 
(64,334
)
 
(98,972
)
 
(34,638
)
 
(64,334
)
Total Accumulated Other Comprehensive Income
$
(104,028
)
 
$
(36,407
)
 
$
(67,621
)
 
$
(104,028
)
 
$
(36,407
)
 
$
(67,621
)
 
 
 
 
 
 
 
 
 
 
 
 
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 six months ended June 30, 2016 and 2015:
 
 
Three Months Ended
 
Six Months Ended
 
Income statement line item presentation
(In thousands)
 
June 30, 2016
 
June 30, 2016
 
Realized (gains)/losses on sale of securities
 
$
(2,164
)
 
$
(2,459
)
 
Investment securities losses (gains), net
Tax expense (benefit) (36.3%)
 
(786
)
 
(892
)
 
Income tax expense (benefit)
Reclassified amount, net of tax
 
$
(1,378
)
 
$
(1,567
)
 
 
 
 
 
 
 
 
 


 
 
Three Months Ended
 
Six Months Ended
 
Income statement line item presentation
(In thousands)
 
June 30, 2015
 
June 30, 2015
 
Realized (gains)/losses on sale of securities
 
$
(567
)
 
$
(921
)
 
Investment securities losses (gains), net
Tax expense (benefit) (35%)
 
(198
)
 
(322
)
 
Income tax expense (benefit)
Reclassified amount, net of tax
 
$
(369
)
 
$
(599
)