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Other Comprehensive Income
 6 Months Ended
Jun. 30, 2015
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, 2015
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
(6,212
)
 
$
(2,376
)
 
$
(3,836
)
Reclassification adjustment for gains realized in net income
(96
)
 
(36
)
 
(60
)
Amortization of unrealized holding gains on securities transferred to the held to maturity category
(46
)
 
(18
)
 
(28
)
Total securities available for sale
(6,354
)
 
(2,430
)
 
(3,924
)
Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
1,399

 
536

 
863

Total derivative instruments
1,399

 
536

 
863

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
109

 
41

 
68

Total defined benefit pension and post-retirement benefit plans
109

 
41

 
68

Total other comprehensive loss
$
(4,846
)
 
$
(1,853
)
 
$
(2,993
)
Three months ended June 30, 2014
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
1,953

 
$
747

 
$
1,206

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
)
Total derivative instruments
(641
)
 
(245
)
 
(396
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
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



 
 
 
 
 
 
 
Pre-Tax
 
Tax Expense
(Benefit)
 
Net of Tax
Six months ended June 30, 2015
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
(1,963
)
 
$
(751
)
 
$
(1,212
)
Reclassification adjustment for gains realized in net income
(96
)
 
(36
)
 
(60
)
Amortization of unrealized holding gains on securities transferred to the held to maturity category
(97
)
 
(37
)
 
(60
)
Total securities available for sale
(2,156
)
 
(824
)
 
(1,332
)
Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
315

 
121

 
194

Total derivative instruments
315

 
121

 
194

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
202

 
77

 
125

Total defined benefit pension and post-retirement benefit plans
202

 
77

 
125

Total other comprehensive loss
$
(1,639
)
 
$
(626
)
 
$
(1,013
)
Six months ended June 30, 2014
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
6,462

 
$
2,472

 
$
3,990

Reclassification adjustment for gains 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 losses on derivative instruments
(1,320
)
 
(505
)
 
(815
)
Total derivative instruments
(1,320
)
 
(505
)
 
(815
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
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



The accumulated balances for each component of other comprehensive income (loss), net of tax, were as follows as of the dates presented:
 
 
June 30,
2015
 
December 31, 2014
Unrealized gains on securities
$
15,783

 
$
17,759

Non-credit related portion of other-than-temporary impairment on securities
(16,830
)
 
(17,474
)
Unrealized losses on derivative instruments
(1,439
)
 
(1,633
)
Unrecognized defined benefit pension and post-retirement benefit plans obligations
(6,125
)
 
(6,250
)
Total accumulated other comprehensive loss
$
(8,611
)
 
$
(7,598
)