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Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2019
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 March 31, 2019
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
15,179

 
$
3,862

 
$
11,317

Reclassification adjustment for gains realized in net income
(13
)
 
(3
)
 
(10
)
Total securities available for sale
15,166

 
3,859

 
11,307

Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
(1,228
)
 
(313
)
 
(915
)
Total derivative instruments
(1,228
)
 
(313
)
 
(915
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
72

 
18

 
54

Total defined benefit pension and post-retirement benefit plans
72

 
18

 
54

Total other comprehensive income
$
14,010

 
$
3,564

 
$
10,446

Three months ended March 31, 2018
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
(10,609
)

$
(2,700
)

$
(7,909
)
Total securities available for sale
(10,609
)
 
(2,700
)
 
(7,909
)
Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
1,151

 
293

 
858

Total derivative instruments
1,151

 
293

 
858

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
87

 
21

 
66

Total defined benefit pension and post-retirement benefit plans
87

 
21

 
66

Total other comprehensive loss
$
(9,371
)
 
$
(2,386
)
 
$
(6,985
)
 
 
 
 
 
 


The accumulated balances for each component of other comprehensive income (loss), net of tax, were as follows as of the dates presented:
 
 
March 31,
2019
 
December 31, 2018
Unrealized gains on securities
$
12,373

 
$
1,066

Non-credit related portion of other-than-temporary impairment on securities
(11,319
)
 
(11,319
)
Unrealized losses on derivative instruments
(1,545
)
 
(630
)
Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations
(6,959
)
 
(7,013
)
Total accumulated other comprehensive loss
$
(7,450
)
 
$
(17,896
)