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Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2013
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss)
The following table presents changes in other comprehensive income (loss): 
 
Before-Tax Amount
 
Tax Effect
 
Net of Tax Amount
 
(in thousands)
Three months ended June 30, 2013
 
 
 
 
 
Unrealized loss on securities
$
(56,858
)
 
$
19,900

 
$
(36,958
)
Reclassification adjustment for securities gains included in net income (1)
(2,865
)
 
1,003

 
(1,862
)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities
546

 
(191
)
 
355

Unrealized gain on derivative financial instruments
51

 
(17
)
 
34

Amortization of net unrecognized pension and postretirement items (2)
504

 
(176
)
 
328

Total Other Comprehensive Income (Loss)
$
(58,622
)
 
$
20,519

 
$
(38,103
)
Three months ended June 30, 2012
 
 
 
 
 
Unrealized loss on securities
$
(16,467
)
 
$
5,763

 
$
(10,704
)
Reclassification adjustment for securities gains included in net income (1)
(1,538
)
 
539

 
(999
)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities
(265
)
 
93

 
(172
)
Unrealized gain on derivative financial instruments
52

 
(18
)
 
34

Amortization of net unrecognized pension and postretirement items (2)
330

 
(116
)
 
214

Total Other Comprehensive Income (Loss)
$
(17,888
)
 
$
6,261

 
$
(11,627
)
 
 
 
 
 
 
Six months ended June 30, 2013
 
 
 
 
 
Unrealized loss on securities
$
(56,666
)
 
$
19,833

 
$
(36,833
)
Reclassification adjustment for securities gains included in net income (1)
(5,338
)
 
1,868

 
(3,470
)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities
2,212

 
(774
)
 
1,438

Unrealized gain on derivative financial instruments
105

 
(37
)
 
68

Amortization of net unrecognized pension and postretirement items (2)
1,009

 
(353
)
 
656

Total Other Comprehensive Income (Loss)
$
(58,678
)
 
$
20,537

 
$
(38,141
)
Six months ended June 30, 2012
 
 
 
 
 
Unrealized loss on securities
$
(9,415
)
 
$
3,295

 
$
(6,120
)
Reclassification adjustment for securities gains included in net income (1)
(2,789
)
 
977

 
(1,812
)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities
(57
)
 
20

 
(37
)
Unrealized gain on derivative financial instruments
104

 
(36
)
 
68

Amortization of net unrecognized pension and postretirement items (2)
659

 
(231
)
 
428

Total Other Comprehensive Income (Loss)
$
(11,498
)
 
$
4,025

 
$
(7,473
)


(1)
Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Investment securities gains, net" on the consolidated statements of income. See Note D, "Investment Securities," for additional details.
(2)
Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Salaries and employee benefits" on the consolidated statements of income. See Note H, "Employee Benefit Plans," for additional details.
The following table presents changes in each component of accumulated other comprehensive income (loss), net of tax: 
 
Unrealized Gains (Losses) on Investment Securities Not Other-Than-Temporarily Impaired
 
Unrealized Non-Credit Gains (Losses) on Other-Than-Temporarily Impaired Debt Securities
 
Unrealized Effective Portions of Losses on Forward-Starting Interest Rate Swaps
 
Unrecognized Pension and Postretirement Plan Income (Costs)
 
Total
 
(in thousands)
Three months ended June 30, 2013
 
 
 
 
 
 
 
 
 
Balance at March 31, 2013
$
24,878

 
$
1,696

 
$
(2,784
)
 
$
(18,153
)
 
$
5,637

Other comprehensive income (loss) before reclassifications
(36,958
)
 
355

 

 

 
(36,603
)
Amounts reclassified from accumulated other comprehensive loss
(861
)
 
(1,001
)
 
34

 
328

 
(1,500
)
Balance at June 30, 2013
$
(12,941
)
 
$
1,050

 
$
(2,750
)
 
$
(17,825
)
 
$
(32,466
)
Three months ended June 30, 2012

 

 
 
 

 

Balance at March 31, 2012
$
30,825

 
$
(876
)
 
$
(2,920
)
 
$
(14,920
)
 
$
12,109

Other comprehensive income (loss) before reclassifications
(10,704
)
 
(172
)
 

 

 
(10,876
)
Amounts reclassified from accumulated other comprehensive loss
(999
)
 

 
34

 
214

 
(751
)
Balance at June 30, 2012
$
19,122

 
$
(1,048
)
 
$
(2,886
)
 
$
(14,706
)
 
$
482

 
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2013
 
 
 
 
 
 
 
 
 
Balance at December 31, 2012
$
26,361

 
$
613

 
$
(2,818
)
 
$
(18,481
)
 
$
5,675

Other comprehensive income (loss) before reclassifications
(36,833
)
 
1,438

 

 

 
(35,395
)
Amounts reclassified from accumulated other comprehensive loss
(2,469
)
 
(1,001
)
 
68

 
656

 
(2,746
)
Balance at June 30, 2013
$
(12,941
)
 
$
1,050

 
$
(2,750
)
 
$
(17,825
)
 
$
(32,466
)
Six months ended June 30, 2012
 
 
 
 
 
 
 
 
 
Balance at December 31, 2011
$
27,054

 
$
(1,011
)
 
$
(2,954
)
 
$
(15,134
)
 
$
7,955

Other comprehensive income (loss) before reclassifications
(6,120
)
 

 

 

 
(6,120
)
Amounts reclassified from accumulated other comprehensive loss
(1,812
)
 
(37
)
 
68

 
428

 
(1,353
)
Balance at June 30, 2012
$
19,122

 
$
(1,048
)
 
$
(2,886
)
 
$
(14,706
)
 
$
482