Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2016

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 12 – Defined Benefit Plans).

	Three Months Ended   March 31, 2016									Three Months Ended   March 31, 2015
	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	$	122,218		$	42,776		$	79,442		$	34,527		$	12,084		$	22,443
Change in net unrealized gain on securities transferred to held to maturity	(8,166		)	(2,858		)	(5,308		)	(7,887		)	(2,760		)	(5,127		)
Reclassification adjustment for net (gains) losses included in net income	(14,903		)	(5,216		)	(9,687		)	(228		)	(80		)	(148		)
Total securities available for sale and transferred securities	99,149			34,702			64,447			26,412			9,244			17,168
Defined-benefit post-retirement benefit plans:
Change in the net actuarial gain/loss	1,553			544			1,009			1,749			612			1,137
Total other comprehensive income (loss)	$	100,702		$	35,246		$	65,456		$	28,161		$	9,856		$	18,305

Activity in accumulated other comprehensive income (loss), net of tax, was as follows:

	Securities Available For Sale			Defined Benefit Plans			Accumulated Other Comprehensive Income
Balance January 1, 2016	$	160,611		$	(46,748	)	$	113,863
Other comprehensive income (loss) before reclassifications	74,134			1,009			75,143
Amounts reclassified from accumulated other comprehensive income (loss)	(9,687		)	—			(9,687		)
Net other comprehensive income (loss) during period	64,447			1,009			65,456
Balance at March 31, 2016	$	225,058		$	(45,739	)	$	179,319
Balance January 1, 2015	$	190,589		$	(48,775	)	$	141,814
Other comprehensive income (loss) before reclassifications	17,316			1,137			18,453
Amounts reclassified from accumulated other comprehensive income (loss)	(148		)	—			(148		)
Net other comprehensive income (loss) during period	17,168			1,137			18,305
Balance at March 31, 2015	$	207,757		$	(47,638	)	$	160,119