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Other Comprehensive Income
 12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Other Comprehensive Income
Other Comprehensive Income
(In Thousands)
Changes in the components of other comprehensive income, net of tax, were as follows:
 
Pre-Tax
 
Tax  Expense
(Benefit)
 
Net of Tax
Year Ended December 31, 2015
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
(571
)
 
$
(220
)
 
$
(351
)
Non-credit related portion of other-than-temporary impairment on securities
—

 
—

 
—

Reclassification adjustment for gains realized in net income(1)
(96
)
 
(37
)
 
(59
)
Amortization of unrealized holding gains on securities transferred to the held to maturity category
(178
)
 
(68
)
 
(110
)
Total securities available for sale
(845
)
 
(325
)
 
(520
)
Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
(420
)
 
(171
)
 
(249
)
Reclassification adjustment for gains realized in net income(2)
—

 
—

 
—

Total derivative instruments
(420
)
 
(171
)
 
(249
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Net loss arising during the period
(2,393
)
 
(958
)
 
(1,435
)
Amortization of net actuarial loss recognized in net periodic pension cost(3)
432

 
165

 
267

Total defined benefit pension and post-retirement benefit plans
(1,961
)
 
(793
)
 
(1,168
)
Total other comprehensive loss
$
(3,226
)
 
$
(1,289
)
 
$
(1,937
)
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(1)
(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(2)
—

 
—

 
—

Total derivative instruments
(2,627
)
 
(1,005
)
 
(1,622
)
Defined benefit pension and post-retirement benefit plans:


 


 


Net loss arising during the period
(2,476
)
 
(947
)
 
(1,529
)
Amortization of net actuarial loss recognized in net periodic pension cost(3)
296

 
113

 
183

Total defined benefit pension and post-retirement benefit plans
(2,180
)
 
(834
)
 
(1,346
)
Total other comprehensive income
$
7,085

 
$
2,710

 
$
4,375


 
Pre-Tax
 
Tax  Expense
(Benefit)
 
Net of Tax
Year Ended December 31, 2013
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses 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(1)
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(2)
(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(3)
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
)


(1)Included in Net gains on sales of securities in the Consolidated Statements of Income
(2)Included in Interest income on loans in the Consolidated Statements of Income
(3)Included in Salaries and employee benefits in the Consolidated Statements of Income

The accumulated balances for each component of other comprehensive income, net of tax, at December 31 were as follows:
 
 
2015
 
2014
 
2013
Unrealized gains on securities
$
16,500

 
$
17,759

 
$
10,370

Non-credit related portion of other-than-temporary impairment on securities
(16,735
)
 
(17,474
)
 
(17,428
)
Unrealized losses on derivative instruments
(1,882
)
 
(1,633
)
 
(12
)
Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations
(7,418
)
 
(6,250
)
 
(4,903
)
Total accumulated other comprehensive loss
$
(9,535
)
 
$
(7,598
)
 
$
(11,973
)