XML 37 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accumulated Other Comprehensive Loss (Tables)
 6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
The following table presents the after-tax changes in the balances of each component of accumulated other comprehensive loss for the three and six months ended June 30, 2018. 
 
Components of Accumulated Other Comprehensive Loss
 
Total
Accumulated
Other
Comprehensive
Loss
 
Unrealized Gains
and Losses on
Available for Sale
(AFS) Securities
 
Non-credit
Impairment
Losses on
AFS Securities
 
Unrealized Gains
and (Losses) on
Derivatives
 
Defined
Benefit
Pension Plan
 
 
(in thousands)
Balance at March 31, 2018
$
(32,865
)
 
$
(664
)
 
$
(5,403
)
 
$
(25,171
)
 
$
(64,103
)
Other comprehensive (loss) income before reclassifications
(6,461
)
 
212

 
455

 
—

 
(5,794
)
Amounts reclassified from other comprehensive (loss) income
30

 
12

 
619

 
112

 
773

Other comprehensive (loss) income, net
(6,431
)
 
224

 
1,074

 
112

 
(5,021
)
Balance at June 30, 2018
$
(39,296
)
 
$
(440
)

$
(4,329
)

$
(25,059
)
 
$
(69,124
)



 
Components of Accumulated Other Comprehensive Loss
 
Total
Accumulated
Other
Comprehensive
Loss
 
Unrealized Gains
and Losses on
Available for Sale
(AFS) Securities
 
Non-credit
Impairment
Losses on
AFS Securities
 
Unrealized Gains
and (Losses) on
Derivatives
 
Defined
Benefit
Pension Plan
 
 
(in thousands)
Balance at December 31, 2017
$
(12,004
)
 
$
(380
)
 
$
(8,338
)
 
$
(25,283
)
 
$
(46,005
)
Reclassification due to the adoption of ASU No. 2016-01
(480
)
 
—

 
—

 
—

 
(480
)
Reclassification due to the adoption of ASU No. 2017-12
—

 
—

 
(61
)
 
—

 
(61
)
Balance at January 1, 2018
(12,484
)
 
(380
)
 
(8,399
)
 
(25,283
)
 
(46,546
)
Other comprehensive (loss) income before reclassification
(27,390
)
 
(56
)
 
2,415

 
—

 
(25,031
)
Amounts reclassified from other comprehensive (loss) income
578

 
(4
)
 
1,655

 
224

 
2,453

Other comprehensive (loss) income, net
(26,812
)
 
(60
)
 
4,070

 
224

 
(22,578
)
Balance at June 30, 2018
$
(39,296
)
 
$
(440
)
 
$
(4,329
)
 
$
(25,059
)
 
$
(69,124
)
Reclassification from Each Component of Accumulated Other Comprehensive Loss
The following table presents amounts reclassified from each component of accumulated other comprehensive loss on a gross and net of tax basis for the three and six months ended June 30, 2018 and 2017. 
 
 
Amounts Reclassified from
Accumulated Other Comprehensive Loss
 
 
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
Components of Accumulated Other Comprehensive Loss
 
2018
 
2017
 
2018
 
2017
 
Income Statement Line Item
 
 
(in thousands)
 
 
Unrealized (losses) gains on AFS securities before tax
 
$
(36
)
 
$
22

 
$
(801
)
 
$
(1
)
 
(Losses) gains on securities transactions, net
Tax effect
 
6

 
(9
)
 
223

 
1

 
 
Total net of tax
 
(30
)
 
13

 
(578
)
 
—

 
 
Non-credit impairment losses on AFS securities before tax:
 
 
 
 
 
 
 
 
 
 
Accretion of credit loss impairment due to an increase in expected cash flows
 
(16
)
 
67

 
6

 
215

 
Interest and dividends on investment securities (taxable)
Tax effect
 
4

 
(28
)
 
(2
)
 
(89
)
 
 
Total net of tax
 
(12
)
 
39

 
4

 
126

 
 
Unrealized losses on derivatives (cash flow hedges) before tax
 
(866
)
 
(2,314
)
 
(2,317
)
 
(4,832
)
 
Interest expense
Tax effect
 
247

 
958

 
662

 
2,001

 
 
Total net of tax
 
(619
)
 
(1,356
)
 
(1,655
)
 
(2,831
)
 
 
Defined benefit pension plan:
 
 
 
 
 
 
 
 
 
 
Amortization of net loss
 
(157
)
 
(101
)
 
(314
)
 
(202
)
 
*
Tax effect
 
45

 
42

 
90

 
84

 
 
Total net of tax
 
(112
)
 
(59
)
 
(224
)
 
(118
)
 
 
Total reclassifications, net of tax
 
$
(773
)
 
$
(1,363
)
 
$
(2,453
)
 
$
(2,823
)
 
 
 

*
Amortization of net loss is included in the computation of net periodic pension cost recognized within other non-interest expense.