Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2013

Equity [Abstract]

Components of Accumulated Other Comprehensive Income (Loss)

The components of AOCI and changes in those components are presented in the following table (in thousands).

	Available			HTM Securities						Loss on
	for Sale			Transferred			Employee			Effective Cash
	Securities			from AFS			Benefit Plans			Flow Hedges			Total
Balance, January 1, 2012	$	60,478		$	—		$	(86,923	)	$	(65	)	$	(26,510	)
Other comprehensive income before income taxes:
Net change in unrealized gain (loss)		24,780			—			—			(370	)		24,410
Transfer of net unrealized gain from AFS to HTM, net of cumulative tax effect		(24,598	)		24,598			—			—			—
Reclassification of net (gains) losses realized and included in earnings		(929	)		—			5,260			40			4,371
Amortization of unrealized net gain on securities transferred to HTM		—			(5,645	)		—			—			(5,645	)
Income tax expense (benefit)		8,693			(2,122	)		1,971			(129	)		8,413
Balance, September 30, 2012	$	51,038		$	21,075		$	(83,634	)	$	(266	)	$	(11,787	)
Balance, January 1, 2013	$	38,854		$	19,090		$	(80,688	)	$	(181	)	$	(22,925	)
Other comprehensive income before income taxes:
Net change in unrealized gain (loss)		(96,070	)		—			—			(4	)		(96,074	)
Transfer of net unrealized loss from AFS to HTM, net of cumulative tax effect		36,208			(36,208	)		—			—			—
Reclassification of net (gains) losses realized and included in earnings		—			—			5,534			301			5,835
Amortization/accretion of unrealized net gain/loss on securities transferred to HTM		—			(7,099	)		—			—			(7,099	)
Income tax expense (benefit)		(35,115	)		(2,563	)		2,070			116			(35,492	)
Balance, September 30, 2013	$	14,107		$	(21,654	)	$	(77,224	)	$	—		$	(84,771	)

Summary of Items in Consolidated Income Statements Affected by Amounts Reclassified From Accumulated Other Comprehensive Income

The following table shows the line items in the consolidated income statements affected by amounts reclassified from accumulated other comprehensive income:

	Nine Months Ended September 30,						Increase (decrease) in affected
Amount reclassified from AOCI (in thousands)	2013			2012			line item in the income statement
Gains and losses on sale of AFS securities	$	—		$	929		Securities gains (losses)
Tax effect		—			325		Income taxes
Net of tax		—			604		Net income
Amortization/accretion of unrealized net gain/loss on securities transferred to HTM	$	7,099		$	5,645		Interest income
Tax effect		2,563			2,122		Income taxes
Net of tax		4,536			3,523		Net income
Amortization of defined benefit pension and post-retirement items	$	(5,534	)	$	(5,260	)	(a)
Tax effect		(2,070	)		(1,971	)	Income taxes
Net of tax		(3,464	)		(3,289	)	Net income
Gains and losses on cash flow hedges	$	(301	)	$	(40	)	Interest expense
Tax effect		(105	)		(14	)	Income taxes
Net of tax		(196	)		(26	)	Net income
Total reclassifications, net of tax	$	876		$	812		Net income

(a) These accumulated other comprehensive income components are included in the computation of net periodic pension and post-retirement cost that is reported with employee benefits expense (see footnote 9 for additional details).