Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2014

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, 2013	$	38,854		$	19,090		$	(80,688	)	$	(181	)	$	(22,925	)
Other comprehensive income before income taxes:
Net change in unrealized (loss) gain		(96,070	)		—			—			(4	)		(96,074	)
Transfer of net unrealized gain from AFS to HTM, net of cumulative tax effect		36,208			(36,208	)		—			—			—
Reclassification of net losses realized and included in earnings		—			—			5,534			301			5,835
Amortization of unrealized net gain on securities transferred to HTM		—			(7,099	)		—			—			(7,099	)
Income tax (benefit) expense		(35,115	)		(2,563	)		2,070			116			(35,492	)
Balance, September 30, 2013	$	14,107		$	(21,654	)	$	(77,224	)	$	—		$	(84,771	)
Balance, January 1, 2014	$	8,263		$	(21,189	)	$	(22,453	)	$	—		$	(35,379	)
Other comprehensive income before income taxes:
Net change in unrealized gain		9,119			—			—			—			9,119
Reclassification of net losses realized and included in earnings		—			—			2,195			—			2,195
Amortization of unrealized net gain on securities transferred to HTM		—			2,463			—			—			2,463
Income tax expense		3,309			879			903			—			5,091
Balance, September 30, 2014	$	14,073		$	(19,605	)	$	(21,161	)	$	—		$	(26,693	)

Summary of Line Item Affected by Amounts Reclassified from Accumulated Other Comprehensive Income

The following table shows the line item affected by amounts reclassified from accumulated other comprehensive income:

Amount reclassified from AOCI	Nine Months Ended September 30,					Increase (decrease)          in affected line item
(in thousands)	2014		2013			on the income statement
Amortization/accretion of unrealized net gain/(loss) on securities transferred to HTM	$	2,463	$	(7,099	)	Interest income
Tax effect		879		(2,563	)	Income taxes
Net of tax		1,584		(4,536	)	Net income
Amortization of defined benefit pension and post-retirement items	$	293	$	5,534		(a) Employee benefits expense
Tax effect		103		2,070		Income taxes
Net of tax		190		3,464		Net income
Gains and losses on cash flow hedges	$	—	$	301		Interest expense
Tax effect		—		105		Income taxes
Net of tax		—		196		Net income
Total reclassifications, net of tax	$	1,774	$	(876	)	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 Note 9 for add