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Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss)
The before and after tax amounts allocated to each component of other comprehensive income (loss) are presented in the following table. Reclassification adjustments related to securities available for sale are included in net gain (loss) on securities transactions in the accompanying consolidated statements of income. The change in the net actuarial gain/loss on defined-benefit post-retirement benefit plans is included in the computation of net periodic pension expense (see Note 13 – Defined Benefit Plans). Reclassification adjustments related to interest rate swaps on variable-rate loans are included in interest income and fees on loans in the accompanying consolidated statements of income. Reclassification adjustments related to the interest rate swap on junior subordinated deferrable interest debentures are included in interest expense on junior subordinated deferrable interest debentures in the accompanying consolidated statements of income.
 
Three Months Ended 
 June 30, 2014
 
Three Months Ended 
 June 30, 2013
 
Before Tax
Amount
 
Tax  Expense,
(Benefit)
 
Net of  Tax
Amount
 
Before Tax
Amount
 
Tax  Expense,
(Benefit)
 
Net of  Tax
Amount
Securities available for sale and transferred securities:
 
 
 
 
 
 
 
 
 
 
 
Change in net unrealized gain/loss during the period
$
45,112

 
$
15,789

 
$
29,323

 
$
(74,025
)
 
$
(25,909
)
 
$
(48,116
)
Change in net unrealized gain on securities transferred to held to maturity
(9,175
)
 
(3,212
)
 
(5,963
)
 
(9,745
)
 
(3,411
)
 
(6,334
)
Reclassification adjustment for net (gains) losses included in net income
(2
)
 
—

 
(2
)
 
(6
)
 
(2
)
 
(4
)
Total securities available for sale and transferred securities
35,935

 
12,577

 
23,358

 
(83,776
)
 
(29,322
)
 
(54,454
)
Defined-benefit post-retirement benefit plans:
 
 
 
 
 
 
 
 
 
 
 
Change in the net actuarial gain/loss
671

 
235

 
436

 
1,639

 
574

 
1,065

Derivatives:
 
 
 
 
 
 
 
 
 
 
 
Change in the accumulated gain/loss on effective cash flow hedge derivatives
—

 
—

 
—

 
(33
)
 
(12
)
 
(21
)
Reclassification adjustments for (gains) losses included in net income:
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps on variable-rate loans
(9,345
)
 
(3,271
)
 
(6,074
)
 
(9,345
)
 
(3,270
)
 
(6,075
)
Interest rate swap on junior subordinated deferrable interest debentures
—

 
—

 
—

 
1,103

 
386

 
717

Total derivatives
(9,345
)
 
(3,271
)
 
(6,074
)
 
(8,275
)
 
(2,896
)
 
(5,379
)
Total other comprehensive income (loss)
$
27,261

 
$
9,541

 
$
17,720

 
$
(90,412
)
 
$
(31,644
)
 
$
(58,768
)
 
Six Months Ended 
 June 30, 2014
 
Six Months Ended 
 June 30, 2013
 
Before Tax
Amount
 
Tax  Expense,
(Benefit)
 
Net of  Tax
Amount
 
Before Tax
Amount
 
Tax  Expense,
(Benefit)
 
Net of  Tax
Amount
Securities available for sale and transferred securities:
 
 
 
 
 
 
 
 
 
 
 
Change in net unrealized gain/loss during the period
$
66,543

 
$
23,290

 
$
43,253

 
$
(95,369
)
 
$
(33,379
)
 
$
(61,990
)
Change in net unrealized gain on securities transferred to held to maturity
(18,373
)
 
(6,431
)
 
(11,942
)
 
(18,204
)
 
(6,372
)
 
(11,832
)
Reclassification adjustment for net (gains) losses included in net income
(2
)
 
—

 
(2
)
 
(11
)
 
(4
)
 
(7
)
Total securities available for sale and transferred securities
48,168

 
16,859

 
31,309

 
(113,584
)
 
(39,755
)
 
(73,829
)
Defined-benefit post-retirement benefit plans:
 
 
 
 
 
 
 
 
 
 
 
Change in the net actuarial gain/loss
1,343

 
470

 
873

 
3,279

 
1,148

 
2,131

Derivatives:
 
 
 
 
 
 
 
 
 
 
 
Change in the accumulated gain/loss on effective cash flow hedge derivatives
—

 
—

 
—

 
(33
)
 
(12
)
 
(21
)
Reclassification adjustments for (gains) losses included in net income:
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps on variable-rate loans
(18,690
)
 
(6,542
)
 
(12,148
)
 
(18,690
)
 
(6,541
)
 
(12,149
)
Interest rate swap on junior subordinated deferrable interest debentures
—

 
—

 
—

 
2,188

 
766

 
1,422

Total derivatives
(18,690
)
 
(6,542
)
 
(12,148
)
 
(16,535
)
 
(5,787
)
 
(10,748
)
Total other comprehensive income (loss)
$
30,821

 
$
10,787

 
$
20,034

 
$
(126,840
)
 
$
(44,394
)
 
$
(82,446
)
Activity in accumulated other comprehensive income (loss), net of tax, was as follows:
 
Securities
Available
For Sale
 
Defined
Benefit
Plans
 
Derivatives
 
Accumulated
Other
Comprehensive
Income
Balance January 1, 2014
$
146,672

 
$
(26,131
)
 
$
19,893

 
$
140,434

Other comprehensive income (loss) before reclassifications
31,311

 
873

 
—

 
32,184

Amounts reclassified from accumulated other comprehensive income (loss)
(2
)
 
—

 
(12,148
)
 
(12,150
)
Net other comprehensive income (loss) during period
31,309

 
873

 
(12,148
)
 
20,034

Balance June 30, 2014
$
177,981

 
$
(25,258
)
 
$
7,745

 
$
160,468

 
 
 
 
 
 
 
 
Balance January 1, 2013
$
245,539

 
$
(49,071
)
 
$
41,580

 
$
238,048

Other comprehensive income (loss) before reclassifications
(73,822
)
 
2,131

 
(21
)
 
(71,712
)
Amounts reclassified from accumulated other comprehensive income (loss)
(7
)
 
—

 
(10,727
)
 
(10,734
)
Net other comprehensive income (loss) during period
(73,829
)
 
2,131

 
(10,748
)
 
(82,446
)
Balance June 30, 2013
$
171,710

 
$
(46,940
)
 
$
30,832

 
$
155,602