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Comprehensive Income/Loss
 3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
COMPREHENSIVE INCOME/LOSS
COMPREHENSIVE INCOME (LOSS)
The following table presents a reconciliation of the changes in the components of other comprehensive income (loss) for the dates indicated, including the amount of income tax (expense) benefit allocated to each component of other comprehensive income (loss):
 
Three Months Ended March 31, 2016
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
(Dollars in thousands)
Change in fair value of securities available for sale
$
6,708

 
$
(2,610
)
 
$
4,098

Less: net security loss reclassified into other noninterest income
29

 
(12
)
 
17

Net change in fair value of securities available for sale
6,679

 
(2,598
)
 
4,081

Change in fair value of cash flow hedges
(456
)
 
188

 
(268
)
Less: net cash flow hedge losses reclassified into interest on borrowings expense (1)
(661
)
 
270

 
(391
)
Net change in fair value of cash flow hedges
205

 
(82
)
 
123

Net unamortized loss related to defined benefit pension and other postretirement adjustments arising during the period
(28
)
 
11

 
(17
)
Less: amortization of net actuarial losses
(61
)
 
25

 
(36
)
Less: amortization of net prior service credits
(69
)
 
28

 
(41
)
Net change in other comprehensive income for defined benefit postretirement plans (2)
102

 
(42
)
 
60

Total other comprehensive income
$
6,986

 
$
(2,722
)
 
$
4,264

 
Three Months Ended March 31, 2015
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
(Dollars in thousands)
Change in fair value of securities available for sale
$
2,541

 
$
(980
)
 
$
1,561

Less: net security losses reclassified into other noninterest income
—

 
—

 
—

Net change in fair value of securities available for sale
2,541

 
(980
)
 
1,561

Change in fair value of cash flow hedges
(567
)
 
231

 
(336
)
Less: net cash flow hedge losses reclassified into interest on borrowings expense (1)
(706
)
 
288

 
(418
)
Net change in fair value of cash flow hedges
139

 
(57
)
 
82

Net unamortized gain related to defined benefit pension and other postretirement adjustments arising during the period
44

 
(18
)
 
26

Less: amortization of net actuarial losses
(61
)
 
25

 
(36
)
Less: amortization of net prior service credits
(24
)
 
10

 
(14
)
Net change in other comprehensive income for defined benefit postretirement plans (2)
129

 
(53
)
 
76

Total other comprehensive income
$
2,809

 
$
(1,090
)
 
$
1,719

 
(1)
Includes the amortization of the remaining balance of a realized but unrecognized gain, net of tax, from the termination of interest rate swaps in June 2009. The original gain of $1.4 million, net of tax, is being recognized in earnings through December 2018, the original maturity date of the swap. The balance of this gain has amortized to $389,000 and $534,000 at March 31, 2016 and 2015, respectively.
(2)
The amortization of prior service costs is included in the computation of net periodic pension cost as disclosed in the Employee Benefit Plans footnote in the Company's Annual Report on Form 10-K for the year ended December 31, 2015, filed with the Securities and Exchange Commission.
Information on the Company’s accumulated other comprehensive income (loss), net of tax, is comprised of the following components as of the periods indicated:
 
Unrealized Gain on Securities
 
Unrealized Loss on Cash Flow Hedge
 
Deferred Gain on Hedge Transactions
 
Defined Benefit Postretirement Plans
 
Accumulated Other Comprehensive Income (Loss)
 
(Dollars in thousands)
 
2016
Beginning balance: January 1, 2016
$
1,306

 
$
(1,955
)
 
$
427

 
$
(2,230
)
 
$
(2,452
)
Net change in other comprehensive income (loss)
4,081

 
161

 
(38
)
 
60

 
4,264

Ending balance: March 31, 2016
$
5,387

 
$
(1,794
)
 
$
389

 
$
(2,170
)
 
$
1,812

 
2015
Beginning balance: January 1, 2015
$
3,389

 
$
(3,298
)
 
$
571

 
$
(2,794
)
 
$
(2,132
)
Net change in other comprehensive income (loss)
1,561

 
119

 
(37
)
 
76

 
1,719

Ending balance: March 31, 2015
$
4,950

 
$
(3,179
)
 
$
534

 
$
(2,718
)
 
$
(413
)