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Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Component of Other Comprehensive Income (Loss)
The tax effects allocated to each component of other comprehensive income (loss) were as follows:
 
Before Tax
Amount
 
Tax Expense,
(Benefit)
 
Net of Tax
Amount
2015
 
 
 
 
 
Securities available for sale and transferred securities:
 
 
 
 
 
Change in net unrealized gain/loss during the period
$
(12,450
)
 
$
(4,358
)
 
$
(8,092
)
Change in net unrealized gain on securities transferred to held to maturity
(33,601
)
 
(11,760
)
 
(21,841
)
Reclassification adjustment for net (gains) losses included in net income
(69
)
 
(24
)
 
(45
)
Total securities available for sale and transferred securities
(46,120
)
 
(16,142
)
 
(29,978
)
Defined-benefit post-retirement benefit plans:
 
 
 
 
 
Change in the net actuarial gain/loss
3,118

 
1,091

 
2,027

Total other comprehensive income (loss)
$
(43,002
)
 
$
(15,051
)
 
$
(27,951
)
 
 
 
 
 
 
2014
 
 
 
 
 
Securities available for sale and transferred securities:
 
 
 
 
 
Change in net unrealized gain/loss during the period
$
103,044

 
$
36,065

 
$
66,979

Change in net unrealized gain on securities transferred to held to maturity
(35,441
)
 
(12,404
)
 
(23,037
)
Reclassification adjustment for net (gains) losses included in net income
(38
)
 
(13
)
 
(25
)
Total securities available for sale and transferred securities
67,565

 
23,648

 
43,917

Defined-benefit post-retirement benefit plans:
 
 
 
 
 
Change in the net actuarial gain/loss
(34,837
)
 
(12,193
)
 
(22,644
)
Derivatives:
 
 
 
 
 
Reclassification adjustment for gains on interest rate swaps on variable-rate loans included in net income
(30,604
)
 
(10,711
)
 
(19,893
)
Total other comprehensive income (loss)
$
2,124

 
$
744

 
$
1,380

 
 
 
 
 
 
2013
 

 
 

 
 

Securities available for sale and transferred securities:
 

 
 

 
 

Change in net unrealized gain/loss during the period
$
(115,245
)
 
$
(40,335
)
 
$
(74,910
)
Change in net unrealized gain on securities transferred to held to maturity
(35,682
)
 
(12,489
)
 
(23,193
)
Reclassification adjustment for net (gains) losses included in net income
(1,176
)
 
(412
)
 
(764
)
Total securities available for sale and transferred securities
(152,103
)
 
(53,236
)
 
(98,867
)
Defined-benefit post-retirement benefit plans:
 

 
 

 
 

Change in the net actuarial gain/loss
35,293

 
12,353

 
22,940

Derivatives:
 

 
 

 
 

Change in the accumulated gain/loss on effective cash flow hedge derivatives
(49
)
 
(17
)
 
(32
)
Reclassification adjustments for (gains) losses included in net income:
 

 
 

 
 

Interest rate swaps on variable-rate loans
(37,380
)
 
(13,083
)
 
(24,297
)
Interest rate swap on junior subordinated deferrable interest debentures
4,064

 
1,422

 
2,642

Total derivatives
(33,365
)
 
(11,678
)
 
(21,687
)
Total other comprehensive income (loss)
$
(150,175
)
 
$
(52,561
)
 
$
(97,614
)
Schedule of Accumulated Other Comprehensive Income, Net of Tax
Activity in accumulated other comprehensive income, net of tax, was as follows:
 
Securities
Available
For Sale
 
Defined
Benefit
Plans
 
Derivatives
 
Accumulated
Other
Comprehensive
Income
Balance January 1, 2015
$
190,589

 
$
(48,775
)
 
$

 
$
141,814

Other comprehensive income (loss) before reclassification
(29,933
)
 
2,027

 

 
(27,906
)
Amounts reclassified from accumulated other comprehensive income (loss)
(45
)
 

 

 
(45
)
Net other comprehensive income (loss) during period
(29,978
)
 
2,027

 

 
(27,951
)
Balance December 31, 2015
$
160,611

 
$
(46,748
)
 
$

 
$
113,863

 
 
 
 
 
 
 
 
Balance January 1, 2014
$
146,672

 
$
(26,131
)
 
$
19,893

 
$
140,434

Other comprehensive income (loss) before reclassification
43,942

 
(22,644
)
 

 
21,298

Amounts reclassified from accumulated other comprehensive income (loss)
(25
)
 

 
(19,893
)
 
(19,918
)
Net other comprehensive income (loss) during period
43,917

 
(22,644
)
 
(19,893
)
 
1,380

Balance December 31, 2014
$
190,589

 
$
(48,775
)
 
$

 
$
141,814

 
 
 
 
 
 
 
 
Balance January 1, 2013
$
245,539

 
$
(49,071
)
 
$
41,580

 
$
238,048

Other comprehensive income (loss) before reclassification
(98,103
)
 
22,940

 
(32
)
 
(75,195
)
Amounts reclassified from accumulated other comprehensive income (loss)
(764
)
 

 
(21,655
)
 
(22,419
)
Net other comprehensive income (loss) during period
(98,867
)
 
22,940

 
(21,687
)
 
(97,614
)
Balance December 31, 2013
$
146,672

 
$
(26,131
)
 
$
19,893

 
$
140,434