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Other Comprehensive Income (Loss)
9 Months Ended
Sep. 30, 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 September 30, 2019
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
(84
)
 
$
(22
)
 
$
(62
)
Reclassification adjustment for losses realized in net income
2,516

 
640

 
1,876

Total securities available for sale
2,432

 
618

 
1,814

Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
(949
)
 
(241
)
 
(708
)
Total derivative instruments
(949
)
 
(241
)
 
(708
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
104

 
26

 
78

Total defined benefit pension and post-retirement benefit plans
104

 
26

 
78

Total other comprehensive income
$
1,587

 
$
403

 
$
1,184

Three months ended September 30, 2018
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
(6,548
)

$
(1,666
)

$
(4,882
)
Reclassification adjustment for losses realized in net income
15

 
4

 
11

Total securities available for sale
(6,533
)
 
(1,662
)
 
(4,871
)
Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
857

 
218

 
639

Total derivative instruments
857

 
218

 
639

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
82

 
21

 
61

Total defined benefit pension and post-retirement benefit plans
82

 
21

 
61

Total other comprehensive loss
$
(5,594
)
 
$
(1,423
)
 
$
(4,171
)
 
Pre-Tax
 
Tax Expense
(Benefit)
 
Net of Tax
Nine months ended September 30, 2019
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
27,695

 
$
7,047

 
$
20,648

Reclassification adjustment for losses realized in net income
2,511

 
639

 
1,872

Total securities available for sale
30,206

 
7,686

 
22,520

Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
(4,244
)
 
(1,080
)
 
(3,164
)
Total derivative instruments
(4,244
)
 
(1,080
)
 
(3,164
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
314

 
80

 
234

Total defined benefit pension and post-retirement benefit plans
314

 
80

 
234

Total other comprehensive income
$
26,276

 
$
6,686

 
$
19,590

 
 
 
 
 
 
Nine months ended September 30, 2018
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding losses on securities
$
(21,182
)
 
$
(5,391
)
 
$
(15,791
)
Reclassification adjustment for losses realized in net income
15

 
4

 
11

Total securities available for sale
(21,167
)
 
(5,387
)
 
(15,780
)
Derivative instruments:
 
 
 
 
 
Unrealized holding gains on derivative instruments
2,527

 
643

 
1,884

Total derivative instruments
2,527

 
643

 
1,884

Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
246

 
62

 
184

Total defined benefit pension and post-retirement benefit plans
246

 
62

 
184

Total other comprehensive loss
$
(18,394
)
 
$
(4,682
)
 
$
(13,712
)


The accumulated balances for each component of other comprehensive income (loss), net of tax, were as follows as of the dates presented:
 
 
September 30,
2019
 
December 31, 2018
Unrealized gains on securities
$
23,586

 
$
1,066

Non-credit related portion of other-than-temporary impairment on securities
(11,319
)
 
(11,319
)
Unrealized losses on derivative instruments
(3,794
)
 
(630
)
Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations
(6,779
)
 
(7,013
)
Total accumulated other comprehensive income (loss)
$
1,694

 
$
(17,896
)