XML 27 R17.htm IDEA: XBRL DOCUMENT v3.10.0.1
Other Comprehensive Income
 9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
OTHER COMPREHENSIVE INCOME
The following tables present the change in components of other comprehensive loss for the periods presented, net of tax effects.
 
Three Months Ended September 30, 2018
 
Three Months Ended September 30, 2017
(dollars in thousands)
Pre-Tax
Amount
 
 
Tax
(Expense)
Benefit
 
 
Net of Tax
Amount
 
 
Pre-Tax
Amount
 
 
Tax
(Expense)
Benefit
 
 
Net of Tax
Amount
 
Change in net unrealized (losses)/gains on debt securities available-for-sale (1)
 
$
(3,521
)
 
 
$
748

 
 
$
(2,773
)
 
 
$
(148
)
 
 
$
52

 
 
$
(96
)
Reclassification adjustment for net (gains)/losses on debt securities available-for-sale included in net income
 
—

 
 
—

 
 
—

 
 
—

 
 
—

 
 
—

Adjustment to funded status of employee benefit plans
 
590

 
 
(125
)
 
 
465

 
 
539

 
 
(189
)
 
 
350

Other Comprehensive (Loss)/Income
 
$
(2,931
)
 
 
$
623

 
 
$
(2,308
)
 
 
$
391

 
 
$
(137
)
 
 
$
254

(1) Due to the adoption of ASU No. 2016-01, net unrealized gains on marketable equity securities were reclassified from accumulated other comprehensive income to retained earnings during the three months ended March 31, 2018. The prior period data was not restated; as such, the change in unrealized gains on marketable securities is combined with the change in net unrealized gains on debt securities for the period ended September 30, 2017.
 
 
 
 
 
 
 
Nine Months Ended September 30, 2018
 
Nine Months Ended September 30, 2017
(dollars in thousands)
Pre-Tax
Amount
 
 
Tax
(Expense)
Benefit
 
 
Net of Tax
Amount
 
 
Pre-Tax
Amount
 
 
Tax
(Expense)
Benefit
 
 
Net of Tax
Amount
 
Change in net unrealized (losses)/gains on debt securities available-for-sale (1)
 
$
(15,291
)
 
 
$
3,247

 
 
$
(12,044
)
 
 
$
4,186

 
 
$
(1,470
)
 
 
$
2,716

Reclassification adjustment for net (gains)/losses on debt securities available-for-sale included in net income (2)
 
—

 
 
—

 
 
—

 
 
(3,987
)
 
 
1,400

 
 
(2,587
)
Adjustment to funded status of employee benefit plans
 
1,913

 
 
(406
)
 
 
1,507

 
 
1,617

 
 
(566
)
 
 
1,051

Other Comprehensive (Loss)/Income
 
$
(13,378
)
 
 
$
2,841

 
 
$
(10,537
)
 
 
$
1,816

 
 
$
(636
)
 
 
$
1,180

(1) Due to the adoption of ASU No. 2016-01, net unrealized gains on marketable equity securities were reclassified from accumulated other comprehensive income to retained earnings during the three months ended March 31, 2018. The prior period data was not restated; as such, the change in unrealized gains on marketable securities is combined with the change in net unrealized gains on debt securities for the period ended September 30, 2017.
(2) Reclassification adjustments are comprised of realized security gains or losses. The realized gains or losses have been reclassified out of accumulated other comprehensive income/(loss) and have affected certain lines in the Consolidated Statements of Comprehensive Income as follows: the pre-tax amount is included in securities gains/losses-net, the tax expense amount is included in the provision for income taxes and the net of tax amount is included in net income.