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Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2020
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, 2020
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
Unrealized holding gains on securities
$
22,389

 
$
5,695

 
$
16,694

Reclassification adjustment for losses realized in net income

 

 

Total securities available for sale
22,389

 
5,695

 
16,694

Derivative instruments:
 
 
 
 
 
Unrealized holding losses on derivative instruments
(4,028
)
 
(1,025
)
 
(3,003
)
Total derivative instruments
(4,028
)
 
(1,025
)
 
(3,003
)
Defined benefit pension and post-retirement benefit plans:
 
 
 
 
 
Amortization of net actuarial loss recognized in net periodic pension cost
62

 
16

 
46

Total defined benefit pension and post-retirement benefit plans
62

 
16

 
46

Total other comprehensive income
$
18,423

 
$
4,686

 
$
13,737

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


 
 
 
 
 
 


The accumulated balances for each component of other comprehensive income (loss), net of tax, were as follows as of the dates presented:
 
 
March 31,
2020
 
December 31, 2019
Unrealized gains on securities
$
38,257

 
$
21,563

Non-credit related portion of previously recorded other-than-temporary impairment on securities
(11,319
)
 
(11,319
)
Unrealized losses on derivative instruments
(5,851
)
 
(2,847
)
Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations
(6,586
)
 
(6,633
)
Total accumulated other comprehensive income
$
14,501

 
$
764