XML 59 R40.htm IDEA: XBRL DOCUMENT v3.6.0.2
Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes within each classification of accumulated other comprehensive income (loss) (“AOCI”) net of tax for the years ended December 31, 2016, 2015, and 2014:

 

(dollars in thousands)

   Unrealized Gains
and Losses  on
Available-for-Sale
Securities
    Unrealized Gains
and Losses on
Held-to-Maturity
Securities
    Gains and
Losses on
Cash Flow
Hedges
    Defined
Benefit
Pension
Plans
    Total  

2016

          

Balance at January 1, 2016

   $ (3,806   $ (14,480   $ (9,276   $ (7,235   $ (34,797

Other comprehensive income (loss) before reclassifications

     (31,513     —          (1,440     —          (32,953

Amounts reclassified from accumulated other comprehensive income (loss) (a)

     (3,693     1,170        4,001        6,900        8,378   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net other comprehensive income (loss)

     (35,206     1,170        2,561        6,900        (24,575
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2016

   $ (39,012   $ (13,310   $ (6,715   $ (335   $ (59,372
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

2015

          

Balance at January 1, 2015

   $ (748   $ (15,776   $ (5,935   $ (9,096   $ (31,555

Other comprehensive income (loss) before reclassifications

     554        —          (5,027     —          (4,473

Amounts reclassified from accumulated other comprehensive income (loss) (a)

     (3,612     1,296        1,686        1,861        1,231   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net other comprehensive income (loss)

     (3,058     1,296        (3,341     1,861        (3,242
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2015

   $ (3,806   $ (14,480   $ (9,276   $ (7,235   $ (34,797
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

2014

          

Balance at January 1, 2014

   $ (21,108   $ (16,767   $ (190   $ (6,401   $ (44,466

Other comprehensive income (loss) before reclassifications

     26,391        —          (5,899     —          20,492   

Amounts reclassified from accumulated other comprehensive income (loss) (a)

     (6,031     991        154        (2,695     (7,581
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net other comprehensive income (loss)

     20,360        991        (5,745     (2,695     12,911   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2014

   $ (748   $ (15,776   $ (5,935   $ (9,096   $ (31,555
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) See table below for details about reclassifications.
Reclassifications out of Accumulated Other Comprehensive Income (Loss)

The following tables summarize the significant amounts reclassified out of each component of AOCI for the years ended December 31, 2016, 2015, and 2014:

 

Details about AOCI Components

   Amount Reclassified
from AOCI
    

Affected Line Item in the

Statement of Income

     Years Ended December 31,       

(dollars in thousands)

   2016      2015      2014       

Unrealized gains and losses on available-for-sale securities

   $ 5,848       $ 5,718       $ 9,830       Net securities gains
     —           —           (100    Impairment losses
  

 

 

    

 

 

    

 

 

    
     5,848         5,718         9,730       Income before income taxes
     (2,155      (2,106      (3,699    Income tax (expense) benefit
  

 

 

    

 

 

    

 

 

    
   $ 3,693       $ 3,612       $ 6,031       Net income
  

 

 

    

 

 

    

 

 

    

Unrealized gains and losses on held-to-maturity securities

   $ (1,776    $ (1,692    $ (1,437    Interest income/(expense)
     606         396         446       Income tax (expense) benefit
  

 

 

    

 

 

    

 

 

    
   $ (1,170    $ (1,296    $ (991    Net income
  

 

 

    

 

 

    

 

 

    

Gains and losses on cash flow hedges

           

Interest rate contracts

   $ (6,453    $ (2,719    $ (248    Interest income/(expense)
     2,452         1,033         94       Income tax (expense) benefit
  

 

 

    

 

 

    

 

 

    
   $ (4,001    $ (1,686    $ (154    Net income
  

 

 

    

 

 

    

 

 

    

Amortization of defined benefit pension items

           

Actuarial gains/(losses) and settlement cost

   $ (11,203    $ (3,002    $ 4,333       Salaries and employee benefits
     4,303         1,141         (1,638    Income tax (expense) benefit
  

 

 

    

 

 

    

 

 

    
   $ (6,900    $ (1,861    $ 2,695       Net income
  

 

 

    

 

 

    

 

 

    

Total reclassifications for the period

   $ (8,378    $ (1,231    $ 7,581       Net income