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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2018
Accumulated Other Comprehensive Income [Abstract]  
Schedule of Comprehensive Income (Loss)
Accumulated Other Comprehensive (Loss) Income
The following table presents the components of other comprehensive income (loss) for the years ended December 31: 

 
Before-Tax Amount
 
Tax Effect
 
Net of Tax Amount
 
(in thousands)
2018:
 
 
 
 
 
Unrealized loss on available for sale securities
$
(31,235
)
 
$
6,909

 
$
(24,326
)
Reclassification adjustment for available for sale securities gains included in net income (1)
(37
)
 
7

 
(30
)
Amortization of net unrealized losses on available for sale securities transferred to held to maturity (2)
2,694

 
(596
)
 
2,098

Non-credit related unrealized loss on other-than-temporarily impaired debt securities
285

 
(63
)
 
222

Unrecognized pension and postretirement income
1,798

 
(398
)
 
1,400

Amortization of net unrecognized pension and postretirement income (3)
2,116

 
(468
)
 
1,648

Total Other Comprehensive Loss
$
(24,379
)
 
$
5,391

 
$
(18,988
)
2017:
 
 
 
 
 
Unrealized gain on available for sale securities
$
16,051

 
$
(5,619
)
 
$
10,432

Reclassification adjustment for available for sale securities gains included in net income (1)
(9,071
)
 
3,177

 
(5,894
)
Non-credit related unrealized loss on other-than-temporarily impaired debt securities
285

 
(100
)
 
185

Unrecognized pension and postretirement cost
(937
)
 
328

 
(609
)
Amortization of net unrecognized pension and postretirement income (3)
2,092

 
(731
)
 
1,361

Total Other Comprehensive Income
$
8,420

 
$
(2,945
)
 
$
5,475

2016:
 
 
 
 
 
Unrealized loss on available for sale securities
$
(22,907
)
 
$
8,016

 
$
(14,891
)
Reclassification adjustment for available for sale securities gains included in net income (1)
(2,550
)
 
893

 
(1,657
)
Non-credit related unrealized loss on other-than-temporarily impaired debt securities
(285
)
 
100

 
(185
)
Amortization of unrealized loss on derivative financial instruments (4)
25

 
(9
)
 
16

Unrecognized pension and postretirement cost
(1,432
)
 
501

 
(931
)
Amortization of net unrecognized pension and postretirement income (3)
1,869

 
(653
)
 
1,216

Total Other Comprehensive Loss
$
(25,280
)
 
$
8,848

 
$
(16,432
)


(1)
Amounts reclassified out of accumulated other comprehensive (loss) income. Before-tax amounts included in "Investment securities gains, net" on the consolidated statements of income. See "Note 3 - Investment Securities," for additional details.
(2)
Amounts reclassified out of accumulated other comprehensive (loss) income. Before-tax amounts as a reduction to "Interest Income" on the consolidated statements of income. See "Note 3, - Investment Securities," for additional details.
(3)
Amounts reclassified out of accumulated other comprehensive (loss) income. Before-tax amounts included in "Salaries and employee benefits" on the consolidated statements of income. See "Note 13 - Employee Benefit Plans," for additional details.
(4)
Amounts reclassified out of accumulated other comprehensive (loss) income. Before-tax amounts included in "Interest Expense" on the consolidated statements of income.

Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents changes in each component of accumulated other comprehensive income (loss), net of tax, for the years ended December 31: 
 
Unrealized Gain (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 (Cost)
 
Total
 
(in thousands)
Balance as of December 31, 2015
$
(6,499
)
 
$
458

 
$
(15
)
 
$
(15,961
)
 
$
(22,017
)
Other comprehensive loss before reclassifications
(14,891
)
 
(185
)
 

 
(931
)
 
(16,007
)
Amounts reclassified from accumulated other comprehensive (loss) income
(1,657
)
 

 
15

 
1,217

 
(425
)
Balance as of December 31, 2016
(23,047
)
 
273

 

 
(15,675
)
 
(38,449
)
Other comprehensive income before reclassifications
10,432

 
185

 

 
(609
)
 
10,008

Amounts reclassified from accumulated other comprehensive (loss) income
(5,894
)
 

 

 
1,361

 
(4,533
)
Balance as of December 31, 2017
(18,509
)
 
458

 

 
(14,923
)
 
(32,974
)
Other comprehensive loss before reclassifications
(24,326
)
 
222

 

 
1,400

 
(22,704
)
Amounts reclassified from accumulated other comprehensive (loss) income
(30
)
 

 

 
1,648

 
1,618

Amortization of net unrealized losses on available for sale securities transferred to held to maturity
2,098

 

 

 

 
2,098

Reclassification of stranded tax effects
(3,887
)
 

 

 
(3,214
)
 
(7,101
)
Balance as of December 31, 2018
$
(44,654
)
 
$
680

 
$

 
$
(15,089
)
 
$
(59,063
)