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Other Comprehensive Income
 6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Other Comprehensive Income
Other Comprehensive Income
(In Thousands)
Changes in the components of other comprehensive income were as follows for the periods presented:
 
 
Pre-Tax
 
Tax Expense
(Benefit)
 
Net of Tax
Three months ended June 30, 2014
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
1,953

 
$
747

 
$
1,206

Non-credit related portion of other-than-temporary impairment on securities
—

 
—

 
—

Reclassification adjustment for gains realized in net income
—

 
—

 
—

Amortization of unrealized holding gains on securities transferred to the held to maturity category
(64
)
 
(25
)
 
(39
)
Total securities available for sale
1,889

 
722

 
1,167

Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
(641
)
 
(245
)
 
(396
)
Reclassification adjustment for gains realized in net income
—

 
—

 
—

Total derivative instruments
(641
)
 
(245
)
 
(396
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Net gain (loss) arising during the period
—

 
—

 
—

Amortization of net actuarial loss recognized in net periodic pension cost
73

 
28

 
45

Total defined benefit pension and post-retirement benefit plans
73

 
28

 
45

Total other comprehensive income
$
1,321

 
$
505

 
$
816

Three months ended June 30, 2013
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
(11,369
)
 
$
(4,350
)
 
$
(7,019
)
Non-credit related portion of other-than-temporary impairment on securities
—

 
—

 
—

Reclassification adjustment for gains realized in net income
—

 
—

 
—

Amortization of unrealized holding gains on securities transferred to the held to maturity category
(88
)
 
(34
)
 
(54
)
Total securities available for sale
(11,457
)
 
(4,384
)
 
(7,073
)
Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
1,607

 
615

 
992

Reclassification adjustment for gains realized in net income
(83
)
 
(32
)
 
(51
)
Total derivative instruments
1,524

 
583

 
941

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Net gain (loss) arising during the period
—

 
—

 
—

Amortization of net actuarial loss recognized in net periodic pension cost
138

 
53

 
85

Total defined benefit pension and post-retirement benefit plans
138

 
53

 
85

Total other comprehensive income
$
(9,795
)
 
$
(3,748
)
 
$
(6,047
)

 
Pre-Tax
 
Tax Expense
(Benefit)
 
Net of Tax
Six months ended June 30, 2014
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
6,462

 
$
2,472

 
$
3,990

Non-credit related portion of other-than-temporary impairment on securities
—

 
—

 
—

Reclassification adjustment for losses realized in net income
—

 
—

 
—

Amortization of unrealized holding gains on securities transferred to the held to maturity category
(135
)
 
(52
)
 
(83
)
Total securities available for sale
6,327

 
2,420

 
3,907

Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
(1,320
)
 
(505
)
 
(815
)
Reclassification adjustment for gains realized in net income
—

 
—

 
—

Total derivative instruments
(1,320
)
 
(505
)
 
(815
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Net gain (loss) arising during the period
—

 
—

 
—

Amortization of net actuarial loss recognized in net periodic pension cost
146

 
56

 
90

Total defined benefit pension and post-retirement benefit plans
146

 
56

 
90

Total other comprehensive income
$
5,153

 
$
1,971

 
$
3,182

Six months ended June 30, 2013
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
(11,133
)
 
$
(4,260
)
 
$
(6,873
)
Non-credit related portion of other-than-temporary impairment on securities
—

 
—

 
—

Reclassification adjustment for gains realized in net income
115

 
44

 
71

Amortization of unrealized holding gains on securities transferred to the held to maturity category
(194
)
 
(74
)
 
(120
)
Total securities available for sale
(11,212
)
 
(4,290
)
 
(6,922
)
Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
1,942

 
743

 
1,199

Reclassification adjustment for gains realized in net income
(168
)
 
(64
)
 
(104
)
Total derivative instruments
1,774

 
679

 
1,095

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Net gain (loss) arising during the period
—

 
—

 
—

Amortization of net actuarial loss recognized in net periodic pension cost
254

 
97

 
157

Total defined benefit pension and post-retirement benefit plans
254

 
97

 
157

Total other comprehensive income
$
(9,184
)
 
$
(3,514
)
 
$
(5,670
)


The accumulated balances for each component of other comprehensive income, net of tax, were as follows as of the dates presented:
 
 
June 30,
2014
 
December 31, 2013
Unrealized gains on securities
$
14,277

 
$
10,370

Non-credit related portion of other-than-temporary impairment on securities
(17,428
)
 
(17,428
)
Unrealized losses on derivative instruments
(827
)
 
(12
)
Unrecognized defined benefit pension and post-retirement benefit plans obligations
(4,814
)
 
(4,903
)
Total accumulated other comprehensive loss
$
(8,792
)
 
$
(11,973
)