XML 42 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Income
 9 Months Ended
Sep. 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 September 30, 2013
 
 
 
 
 
Unrealized gain (loss) on securities
$
(10,691
)
 
$
3,740

 
$
(6,951
)
Reclassification adjustment for securities gains included in net income (1)
(2,633
)
 
922

 
(1,711
)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities
(163
)
 
57

 
(106
)
Unrealized gain on derivative financial instruments
52

 
(18
)
 
34

Amortization of net unrecognized pension and postretirement items (2)
505

 
(176
)
 
329

Total Other Comprehensive Income (Loss)
$
(12,930
)
 
$
4,525

 
$
(8,405
)
Three months ended September 30, 2012
 
 
 
 
 
Unrealized gain (loss) on securities
$
16,667

 
$
(5,833
)
 
$
10,834

Reclassification adjustment for securities gains included in net income (1)
(42
)
 
14

 
(28
)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities
417

 
(146
)
 
271

Unrealized gain on derivative financial instruments
52

 
(18
)
 
34

Amortization of net unrecognized pension and postretirement items (2)
329

 
(115
)
 
214

Total Other Comprehensive Income (Loss)
$
17,423

 
$
(6,098
)
 
$
11,325

 
 
 
 
 
 
Nine months ended September 30, 2013
 
 
 
 
 
Unrealized gain (loss) on securities
$
(67,357
)
 
$
23,573

 
$
(43,784
)
Reclassification adjustment for securities gains included in net income (1)
(7,971
)
 
2,790

 
(5,181
)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities
2,049

 
(717
)
 
1,332

Unrealized gain on derivative financial instruments
157

 
(55
)
 
102

Amortization of net unrecognized pension and postretirement items (2)
1,515

 
(530
)
 
985

Total Other Comprehensive Income (Loss)
$
(71,607
)
 
$
25,061

 
$
(46,546
)
Nine months ended September 30, 2012
 
 
 
 
 
Unrealized gain (loss) on securities
$
7,252

 
$
(2,538
)
 
$
4,714

Reclassification adjustment for securities gains included in net income (1)
(2,831
)
 
991

 
(1,840
)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities
360

 
(126
)
 
234

Unrealized gain on derivative financial instruments
157

 
(55
)
 
102

Amortization of net unrecognized pension and postretirement items (2)
987

 
(345
)
 
642

Total Other Comprehensive Income (Loss)
$
5,925

 
$
(2,073
)
 
$
3,852



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

 
$
(2,750
)
 
$
(17,825
)
 
$
(32,466
)
Other comprehensive income (loss) before reclassifications
(6,951
)
 
(106
)
 
—

 
—

 
(7,057
)
Amounts reclassified from accumulated other comprehensive income (loss)
(1,774
)
 
63

 
34

 
329

 
(1,348
)
Balance at September 30, 2013
$
(21,666
)
 
$
1,007

 
$
(2,716
)
 
$
(17,496
)
 
$
(40,871
)
Three months ended September 30, 2012

 

 
 
 

 

Balance at June 30, 2012
$
19,122

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

Other comprehensive income (loss) before reclassifications
10,834

 
271

 
—

 
—

 
11,105

Amounts reclassified from accumulated other comprehensive income (loss)
(40
)
 
12

 
34

 
214

 
220

Balance at September 30, 2012
$
29,916

 
$
(765
)
 
$
(2,852
)
 
$
(14,492
)
 
$
11,807

 
 
 
 
 
 
 
 
 
 
Nine months ended September 30, 2013
 
 
 
 
 
 
 
 
 
Balance at December 31, 2012
$
26,361

 
$
613

 
$
(2,818
)
 
$
(18,481
)
 
$
5,675

Other comprehensive income (loss) before reclassifications
(43,784
)
 
1,332

 
—

 
—

 
(42,452
)
Amounts reclassified from accumulated other comprehensive income (loss)
(4,243
)
 
(938
)
 
102

 
985

 
(4,094
)
Balance at September 30, 2013
$
(21,666
)
 
$
1,007

 
$
(2,716
)
 
$
(17,496
)
 
$
(40,871
)
Nine months ended September 30, 2012
 
 
 
 
 
 
 
 
 
Balance at December 31, 2011
$
27,054

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

Other comprehensive income (loss) before reclassifications
4,714

 
234

 
—

 
—

 
4,948

Amounts reclassified from accumulated other comprehensive income (loss)
(1,852
)
 
12

 
102

 
642

 
(1,096
)
Balance at September 30, 2012
$
29,916

 
$
(765
)
 
$
(2,852
)
 
$
(14,492
)
 
$
11,807