XML 34 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss)
(In Thousands)
Changes in the components of other comprehensive income (loss), net of tax, were as follows for the periods presented:
 
 
Pre-Tax
 
Tax Expense
(Benefit)
 
Net of Tax
Three months ended September 30, 2017
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
(1,245
)
 
$
(481
)
 
$
(764
)
Unrealized holding gains on securities transfered from held to maturity to available for sale
13,218

 
5,110

 
8,108

Amortization of unrealized holding gains on securities transferred to the held to maturity category
(7
)
 
(3
)
 
(4
)
Total securities available for sale
11,966

 
4,626

 
7,340

Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
163

 
63

 
100

Total derivative instruments
163

 
63

 
100

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
101

 
39

 
62

Total defined benefit pension and post-retirement benefit plans
101

 
39

 
62

Total other comprehensive income
$
12,230

 
$
4,728

 
$
7,502

Three months ended September 30, 2016
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
2,258

 
$
873

 
$
1,385

Amortization of unrealized holding gains on securities transferred to the held to maturity category
(18
)
 
(7
)
 
(11
)
Total securities available for sale
2,240

 
866

 
1,374

Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
807

 
312

 
495

Total derivative instruments
807

 
312

 
495

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Reclassification adjustment for net settlement gain realized in net income
(383
)
 
(148
)
 
(235
)
Amortization of net actuarial loss recognized in net periodic pension cost
124

 
48

 
76

Total defined benefit pension and post-retirement benefit plans
(259
)
 
(100
)
 
(159
)
Total other comprehensive income
$
2,788

 
$
1,078

 
$
1,710

 
Pre-Tax
 
Tax Expense
(Benefit)
 
Net of Tax
Nine months ended September 30, 2017
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
7,682

 
$
2,970

 
$
4,712

Unrealized holding gains on securities transfered from held to maturity to available for sale

13,218

 
5,110

 
8,108

Amortization of unrealized holding gains on securities transferred to the held to maturity category
(282
)
 
(109
)
 
(173
)
Total securities available for sale
20,618

 
7,971

 
12,647

Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
169

 
65

 
104

Total derivative instruments
169

 
65

 
104

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
305

 
118

 
187

Total defined benefit pension and post-retirement benefit plans
305

 
118

 
187

Total other comprehensive income
$
21,092

 
$
8,154

 
$
12,938

Nine months ended September 30, 2016
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
8,573

 
$
3,313

 
$
5,260

Reclassification adjustment for gains realized in net income
(1,186
)
 
(458
)
 
(728
)
Amortization of unrealized holding gains on securities transferred to the held to maturity category
(79
)
 
(30
)
 
(49
)
Total securities available for sale
7,308

 
2,825

 
4,483

Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
(1,959
)
 
(760
)
 
(1,199
)
Total derivative instruments
(1,959
)
 
(760
)
 
(1,199
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Reclassification adjustment for net settlement gain realized in net income
(383
)
 
(148
)
 
(235
)
Amortization of net actuarial loss recognized in net periodic pension cost
360

 
132

 
228

Total defined benefit pension and post-retirement benefit plans
(23
)
 
(16
)
 
(7
)
Total other comprehensive income
$
5,326

 
$
2,049

 
$
3,277


The accumulated balances for each component of other comprehensive income (loss), net of tax, were as follows as of the dates presented:
 
 
September 30,
2017
 
December 31, 2016
Unrealized gains on securities
$
14,732

 
$
9,490

Non-credit related portion of other-than-temporary impairment on securities
(9,313
)
 
(16,719
)
Unrealized losses on derivative instruments
(1,252
)
 
(1,355
)
Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations
(7,133
)
 
(7,320
)
Total accumulated other comprehensive loss
$
(2,966
)
 
$
(15,904
)