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Other Comprehensive Income
 12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Other Comprehensive Income
Other Comprehensive Income
(In Thousands)
Changes in the components of other comprehensive income were as follows:
 
Pre-Tax
 
Tax  Expense
(Benefit)
 
Net of Tax
Year Ended December 31, 2014
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
12,520

 
$
(4,789
)
 
$
7,731

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

 
—

 
—

Reclassification adjustment for gains realized in net income
(375
)
 
143

 
(232
)
Amortization of unrealized holding gains on securities transferred to the held to maturity category
(253
)
 
97

 
(156
)
Total securities available for sale
11,892

 
(4,549
)
 
7,343

Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
(2,627
)
 
1,005

 
(1,622
)
Reclassification adjustment for gains realized in net income
—

 
—

 
—

Total derivative instruments
(2,627
)
 
1,005

 
(1,622
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Net (loss) gain arising during the period
(2,476
)
 
947

 
(1,529
)
Amortization of net actuarial loss recognized in net periodic pension cost
296

 
(113
)
 
183

Total defined benefit pension and post-retirement benefit plans
(2,180
)
 
834

 
(1,346
)
Total other comprehensive income (loss)
$
7,085

 
$
(2,710
)
 
$
4,375

Year Ended December 31, 2013
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
(11,124
)
 
$
(4,255
)
 
$
(6,869
)
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
(348
)
 
(133
)
 
(215
)
Total securities available for sale
(11,357
)
 
(4,344
)
 
(7,013
)
Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
2,146

 
821

 
1,325

Reclassification adjustment for gains realized in net income
(203
)
 
(78
)
 
(125
)
Total derivative instruments
1,943

 
743

 
1,200

Defined benefit pension and post-retirement benefit plans:


 


 


Net gain arising during the period
3,170

 
1,213

 
1,957

Amortization of net actuarial loss recognized in net periodic pension cost
622

 
238

 
384

Total defined benefit pension and post-retirement benefit plans
3,792

 
1,451

 
2,341

Total other comprehensive loss
$
(5,622
)
 
$
(2,150
)
 
$
(3,472
)

 
Pre-Tax
 
Tax  Expense
(Benefit)
 
Net of Tax
Year Ended December 31, 2012
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
5,351

 
$
2,046

 
$
3,305

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

 
—

 
—

Reclassification adjustment for gains realized in net income
(1,894
)
 
(724
)
 
(1,170
)
Amortization of unrealized holding gains on securities transferred to the held to maturity category
(567
)
 
(217
)
 
(350
)
Total securities available for sale
2,890

 
1,105

 
1,785

Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
(2,164
)
 
(828
)
 
(1,336
)
Reclassification adjustment for gains realized in net income
(503
)
 
(192
)
 
(311
)
Total derivative instruments
(2,667
)
 
(1,020
)
 
(1,647
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Net loss arising during the period
(1,225
)
 
(469
)
 
(756
)
Amortization of net actuarial loss recognized in net periodic pension cost
428

 
164

 
264

Total defined benefit pension and post-retirement benefit plans
(797
)
 
(305
)
 
(492
)
Total other comprehensive loss
$
(574
)
 
$
(220
)
 
$
(354
)


The accumulated balances for each component of other comprehensive income, net of tax, at December 31 were as follows:
 
 
2014
 
2013
 
2012
Unrealized gains on securities
$
17,759

 
$
10,370

 
$
17,428

Non-credit related portion of other-than-temporary impairment on securities
(17,474
)
 
(17,428
)
 
(17,474
)
Unrealized gains/(losses) on derivative instruments
(1,633
)
 
(12
)
 
(1,211
)
Unrecognized defined benefit pension and post-retirement benefit plans obligations
(6,250
)
 
(4,903
)
 
(7,244
)
Total accumulated other comprehensive gain/(loss)
$
(7,598
)
 
$
(11,973
)
 
$
(8,501
)