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Other Comprehensive Income
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Other Comprehensive Income
Other Comprehensive Income
(In Thousands)
Changes in the components of other comprehensive income, net of tax, were as follows for the periods presented:
 
 
Pre-Tax
 
Tax Expense
(Benefit)
 
Net of Tax
Three months ended March 31, 2017
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
4,739

 
$
1,832

 
$
2,907

Amortization of unrealized holding gains on securities transferred to the held to maturity category
(246
)
 
(95
)
 
(151
)
Total securities available for sale
4,493

 
1,737

 
2,756

Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
276

 
107

 
169

Total derivative instruments
276

 
107

 
169

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
113

 
44

 
69

Total defined benefit pension and post-retirement benefit plans
113

 
44

 
69

Total other comprehensive income
$
4,882

 
$
1,888

 
$
2,994

Three months ended March 31, 2016
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
5,060

 
$
1,953

 
$
3,107

Amortization of unrealized holding gains on securities transferred to the held to maturity category
(33
)
 
(13
)
 
(20
)
Total securities available for sale
5,027

 
1,940

 
3,087

Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
(2,062
)
 
(796
)
 
(1,266
)
Total derivative instruments
(2,062
)
 
(796
)
 
(1,266
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
117

 
45

 
72

Total defined benefit pension and post-retirement benefit plans
117

 
45

 
72

Total other comprehensive income
$
3,082

 
$
1,189

 
$
1,893

 
 
 
 
 
 

The accumulated balances for each component of other comprehensive income (loss), net of tax, were as follows as of the dates presented:
 
 
March 31,
2017
 
December 31, 2016
Unrealized gains on securities
$
11,274

 
$
9,490

Non-credit related portion of other-than-temporary impairment on securities
(15,747
)
 
(16,719
)
Unrealized losses on derivative instruments
(1,186
)
 
(1,355
)
Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations
(7,251
)
 
(7,320
)
Total accumulated other comprehensive loss
$
(12,910
)
 
$
(15,904
)