Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2018

Equity [Abstract]

Changes in the components of other comprehensive income (loss)

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 June 30, 2018
Securities available for sale:
Unrealized holding losses on securities	$	(4,025	)	$	(1,025	)	$	(3,000	)
Total securities available for sale	(4,025		)	(1,025		)	(3,000		)
Derivative instruments:
Unrealized holding gains on derivative instruments	519			132			387
Total derivative instruments	519			132			387
Defined benefit pension and post-retirement benefit plans:
Amortization of net actuarial loss recognized in net periodic pension cost	77			20			57
Total defined benefit pension and post-retirement benefit plans	77			20			57
Total other comprehensive loss	$	(3,429	)	$	(873	)	$	(2,556	)
Three months ended June 30, 2017
Securities available for sale:
Unrealized holding gains on securities	$	4,188		$	1,619		$	2,569
Amortization of unrealized holding gains on securities transferred to the held to maturity category	(29		)	(11		)	(18		)
Total securities available for sale	4,159			1,608			2,551
Derivative instruments:
Unrealized holding losses on derivative instruments	(270		)	(105		)	(165		)
Total derivative instruments	(270		)	(105		)	(165		)
Defined benefit pension and post-retirement benefit plans:
Amortization of net actuarial loss recognized in net periodic pension cost	91			35			56
Total defined benefit pension and post-retirement benefit plans	91			35			56
Total other comprehensive income	$	3,980		$	1,538		$	2,442

	Pre-Tax			Tax Expense (Benefit)			Net of Tax
Six months ended June 30, 2018
Securities available for sale:
Unrealized holding losses on securities	$	(14,634	)	$	(3,725	)	$	(10,909	)
Total securities available for sale	(14,634		)	(3,725		)	(10,909		)
Derivative instruments:
Unrealized holding gains on derivative instruments	1,670			425			1,245
Total derivative instruments	1,670			425			1,245
Defined benefit pension and post-retirement benefit plans:
Amortization of net actuarial loss recognized in net periodic pension cost	164			41			123
Total defined benefit pension and post-retirement benefit plans	164			41			123
Total other comprehensive loss	$	(12,800	)	$	(3,259	)	$	(9,541	)
Six months ended June 30, 2017
Securities available for sale:
Unrealized holding gains on securities	$	8,927		$	3,451		$	5,476
Amortization of unrealized holding gains on securities transferred to the held to maturity category	(275		)	(106		)	(169		)
Total securities available for sale	8,652			3,345			5,307
Derivative instruments:
Unrealized holding gains on derivative instruments	6			2			4
Total derivative instruments	6			2			4
Defined benefit pension and post-retirement benefit plans:
Amortization of net actuarial loss recognized in net periodic pension cost	204			79			125
Total defined benefit pension and post-retirement benefit plans	204			79			125
Total other comprehensive income	$	8,862		$	3,426		$	5,436

Accumulated balances for each component of other comprehensive income (loss), net of tax

The accumulated balances for each component of other comprehensive income (loss), net of tax, were as follows as of the dates presented:

	June 30, 2018			December 31, 2017
Unrealized gains (losses) on securities	$	(1,540	)	$	7,363
Non-credit related portion of other-than-temporary impairment on securities	(11,319		)	(9,313		)
Unrealized gains (losses) on derivative instruments	250			(995		)
Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations	(7,443		)	(7,566		)
Total accumulated other comprehensive loss	$	(20,052	)	$	(10,511	)