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COMPREHENSIVE INCOME (Tables)
9 Months Ended
Sep. 30, 2015
COMPREHENSIVE INCOME [Abstract]  
Components Of Other Comprehensive Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended September 30,

 

 

2015

 

2014

 

 

Before

 

 

 

Net

 

Before

 

 

 

Net

 

 

tax

 

Tax

 

of tax

 

tax

 

Tax

 

of tax

 

 

amount

 

effect

 

amount

 

amount

 

effect

 

amount

 

 

 

 

 

 

 

 

 

 

 

 

 

Net unrealized gains (losses) on available-for-

 

(In thousands)

sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gains (losses) arising during

 

 

 

 

 

 

 

 

 

 

 

 

holding period

 

$      6,225 

 

$     (2,382)

 

$       3,843 

 

$     (1,484)

 

$         567 

 

$        (917)

Reclassification adjustment for

 

 

 

 

 

 

 

 

 

 

 

 

net gains realized in net income (1)

 

(33)

 

13 

 

(20)

 

(18)

 

 

(11)

Recognized employee benefit plan

 

 

 

 

 

 

 

 

 

 

 

 

net periodic benefit cost (2)

 

1,797 

 

(687)

 

1,110 

 

738 

 

(283)

 

455 

Other comprehensive income (loss)

 

$      7,989 

 

$     (3,056)

 

$       4,933 

 

$        (764)

 

$         291 

 

$        (473)

Net income

 

 

 

 

 

34,343 

 

 

 

 

 

28,778 

Comprehensive  income

 

 

 

 

 

$     39,276 

 

 

 

 

 

$    28,305 

 

 

(1)  Reclassification adjustments for net gains (losses) on available-for-sale securities are reported as net security gains on the consolidated statements of income.

(2)  Recognized employee benefit plan net periodic benefit cost include amortization of unrecognized transition amount, recognized prior service cost and recognized net loss.  For more information, see Note 9 - Pension Benefits.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30,

 

 

2015

 

2014

 

 

Before

 

 

 

Net

 

Before

 

 

 

Net

 

 

tax

 

Tax

 

of tax

 

tax

 

Tax

 

of tax

 

 

amount

 

effect

 

amount

 

amount

 

effect

 

amount

 

 

 

 

 

 

 

 

 

 

 

 

 

Net unrealized gains  on available-for-

 

(In thousands)

sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gains  arising

 

 

 

 

 

 

 

 

 

 

 

 

during holding period

 

$      6,605 

 

$     (2,550)

 

$       4,055 

 

$    21,221 

 

$     (8,130)

 

$    13,091 

Reclassification adjustment for

 

 

 

 

 

 

 

 

 

 

 

 

net gains realized in net income (1)

 

(88)

 

34 

 

(54)

 

(19)

 

 

(12)

Recognized employee benefit plan

 

 

 

 

 

 

 

 

 

 

 

 

net periodic benefit cost (2)

 

5,391 

 

(2,061)

 

3,330 

 

2,214 

 

(847)

 

1,367 

Other comprehensive income

 

$    11,908 

 

$     (4,577)

 

$       7,331 

 

$    23,416 

 

$     (8,970)

 

$    14,446 

Net income

 

 

 

 

 

106,322 

 

 

 

 

 

88,090 

Comprehensive  income

 

 

 

 

 

$   113,653 

 

 

 

 

 

$  102,536 

 

(1)  Reclassification adjustments for net gains (losses) on available-for-sale securities are reported as net security gains on the consolidated statements of income.

(2)  Recognized employee benefit plan net periodic benefit cost include amortization of unrecognized transition amount, recognized prior service cost and recognized net loss.  For more information, see Note 9 - Pension Benefits.