Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2019

Stockholders Equity Note [Abstract]

Components of Accumulated Other Comprehensive Income (Loss)

	Available for Sale Securities			HTM Securities Transferred from AFS			Employee Benefit Plans			Cash Flow Hedges			Equity Method Investment		Total
(in thousands)
Balance, December 31, 2017	$	(29,512	)	$	(14,585	)	$	(79,078	)	$	(11,227	)	$	—	$	(134,402	)
Other comprehensive income/loss before income taxes:
Net change in unrealized loss		(71,759	)		—			—			(13,894	)		—		(85,653	)
Reclassification of net loss realized and included in earnings		—			—			2,448			1,565			—		4,013
Other Valuation adjustments for employee benefit plan		—			—			(9,039	)		—			—		(9,039	)
Amortization of unrealized net loss on securities transferred to HTM		—			1,680			—			—			—		1,680
Income tax expense (benefit)		(16,284	)		380			(1,494	)		(2,794	)		—		(20,192	)
Balance, June 30, 2018	$	(84,987	)	$	(13,285	)	$	(84,175	)	$	(20,762	)	$	—	$	(203,209	)
Balance, December 31, 2018	$	(50,125	)	$	(12,044	)	$	(110,247	)	$	(8,293	)	$	—	$	(180,709	)
Other comprehensive income (loss) before income taxes:
Net change in unrealized gain or loss		96,514			—			—			29,343			611		126,468
Reclassification of net loss realized and included in earnings		—			—			4,527			3,676			—		8,203
Amortization of unrealized net loss on securities transferred to HTM		—			1,481			—			—			—		1,481
Income tax expense		21,822			335			1,023			7,466			—		30,646
Balance, June 30, 2019	$	24,567		$	(10,898	)	$	(106,743	)	$	17,260		$	611	$	(75,203	)

Line Items in Consolidated Income Statements Affected by Amounts Reclassified from Accumulated Other Comprehensive Income

	Six Months
Amount reclassified from AOCI (a)	June 30,						Affected line item on
(in thousands)	2019			2018			the statement of income
Amortization of unrealized net loss on securities transferred to HTM	$	(1,481	)	$	(1,680	)	Interest income
Tax effect		335			380		Income taxes
Net of tax		(1,146	)		(1,300	)	Net income
Amortization of defined benefit pension and post-retirement items		(4,527	)		(2,448	)	Other noninterest expense (b)
Tax effect		1,023			555		Income taxes
Net of tax		(3,504	)		(1,893	)	Net income
Reclassification of unrealized gain (loss) on cash flow hedges		(1,204	)		979		Interest income
Tax effect		272			(222	)	Income taxes
Net of tax		(932	)		757		Net income
Amortization of loss on terminated cash flow hedges		(2,472	)		(2,544	)	Interest income
Tax effect		559			577		Income taxes
Net of tax		(1,913	)		(1,967	)	Net income
Total reclassifications, net of tax	$	(7,495	)	$	(4,403	)	Net income

(a) Amounts in parentheses indicate reduction in net income.

(b) These AOCI components are included in the computation of net periodic pension and post-retirement cost that is reported with employee benefits expense (see Note 12 – Retirement Plans for additional details).