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Other Comprehensive Income
 12 Months Ended
Dec. 31, 2018
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, 2018
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
(11,155
)
 
$
(2,840
)
 
$
(8,315
)
Reclassification adjustment for losses realized in net income(1)
16

 
4

 
12

Total securities available for sale
(11,139
)
 
(2,836
)
 
(8,303
)
Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
490

 
125

 
365

Total derivative instruments
490

 
125

 
365

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Net gain arising during the period
413

 
105

 
308

Amortization of net actuarial loss recognized in net periodic pension cost(2)
328

 
83

 
245

Total defined benefit pension and post-retirement benefit plans
741

 
188

 
553

Total other comprehensive loss
$
(9,908
)
 
$
(2,523
)
 
$
(7,385
)
Year Ended December 31, 2017
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
(3,617
)
 
$
(1,399
)
 
$
(2,218
)
Unrealized holding gains on securities transferred from held to maturity to available for sale
13,219


5,111


8,108

Reclassification adjustment for gains realized in net income(1)
(148
)
 
(57
)
 
(91
)
Amortization of unrealized holding gains on securities transferred to the held to maturity category
(282
)
 
(109
)
 
(173
)
Total securities available for sale
9,172

 
3,546

 
5,626

Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
874

 
338

 
536

Total derivative instruments
874

 
338

 
536

Defined benefit pension and post-retirement benefit plans:


 


 


Net gain arising during the period
1,379

 
351

 
1,028

Amortization of net actuarial loss recognized in net periodic pension cost(2)
407

 
158

 
249

Total defined benefit pension and post-retirement benefit plans
1,786

 
509

 
1,277

Total other comprehensive income
$
11,832

 
$
4,393

 
$
7,439


 
Pre-Tax
 
Tax  Expense
(Benefit)
 
Net of Tax
Year Ended December 31, 2016
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
(10,119
)
 
$
(3,913
)
 
$
(6,206
)
Reclassification adjustment for gains realized in net income(1)
(1,186
)
 
(459
)
 
(727
)
Amortization of unrealized holding gains on securities transferred to the held to maturity category
(99
)
 
(38
)
 
(61
)
Total securities available for sale
(11,404
)
 
(4,410
)
 
(6,994
)
Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
856

 
329

 
527

Total derivative instruments
856

 
329

 
527

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Net loss arising during the period
51

 
20

 
31

Amortization of net actuarial loss recognized in net periodic pension cost(2)
480

 
178

 
302

Reclassification of adjustment for net settlement gain realized in net income (2)
(383
)
 
(148
)
 
(235
)
Total defined benefit pension and post-retirement benefit plans
148

 
50

 
98

Total other comprehensive loss
$
(10,400
)
 
$
(4,031
)
 
$
(6,369
)

(1) Included in Net (losses) gains on sales of securities in the Consolidated Statements of Income
(2) 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:
 
2018
 
2017
 
2016
Unrealized gains on securities
$
1,066

 
$
9,369

 
$
9,490

Non-credit related portion of other-than-temporary impairment on securities
(11,319
)
 
(11,319
)
 
(16,719
)
Unrealized losses on derivative instruments
(630
)
 
(995
)
 
(1,355
)
Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations
(7,013
)
 
(7,566
)
 
(7,320
)
Total accumulated other comprehensive loss
$
(17,896
)
 
$
(10,511
)
 
$
(15,904
)