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Comprehensive Income/Loss
 6 Months Ended
Jun. 30, 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
June 30, 2016
 
Six Months Ended
June 30, 2016
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
(Dollars in thousands)
Change in fair value of securities available for sale
$
3,016

 
$
(1,161
)
 
$
1,855

 
$
9,666

 
$
(3,747
)
 
$
5,919

Less: net security gain (loss) reclassified into other noninterest income
2

 
(1
)
 
1

 
(27
)
 
11

 
(16
)
Net change in fair value of securities available for sale
3,014

 
(1,160
)
 
1,854

 
9,693

 
(3,758
)
 
5,935

Change in fair value of cash flow hedges
(882
)
 
360

 
(522
)
 
(1,338
)
 
548

 
(790
)
Less: net cash flow hedge losses reclassified into interest on borrowings expense (1)
(640
)
 
262

 
(378
)
 
(1,301
)
 
532

 
(769
)
Net change in fair value of cash flow hedges
(242
)
 
98

 
(144
)
 
(37
)
 
16

 
(21
)
Net unamortized loss related to defined benefit pension and other postretirement adjustments arising during the period
(28
)
 
11

 
(17
)
 
(56
)
 
22

 
(34
)
Less: amortization of net actuarial losses
(61
)
 
25

 
(36
)
 
(122
)
 
50

 
(72
)
Less: amortization of net prior service credits
(69
)
 
27

 
(42
)
 
(138
)
 
55

 
(83
)
Net change in other comprehensive income for defined benefit postretirement plans (2)
102

 
(41
)
 
61

 
204

 
(83
)
 
121

Total other comprehensive income
$
2,874

 
$
(1,103
)
 
$
1,771

 
$
9,860

 
$
(3,825
)
 
$
6,035

 
Three Months Ended
June 30, 2015
 
Six Months Ended
June 30, 2015
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
(Dollars in thousands)
Change in fair value of securities available for sale
$
(3,910
)
 
$
1,496

 
$
(2,414
)
 
$
(1,369
)
 
$
516

 
$
(853
)
Less: net security losses reclassified into other noninterest income
(315
)
 
129

 
(186
)
 
(315
)
 
129

 
(186
)
Net change in fair value of securities available for sale
(3,595
)
 
1,367

 
(2,228
)
 
(1,054
)
 
387

 
(667
)
Change in fair value of cash flow hedges
(36
)
 
(3
)
 
(39
)
 
(603
)
 
228

 
(375
)
Less: net cash flow hedge losses reclassified into interest on borrowings expense (1)
(709
)
 
288

 
(421
)
 
(1,415
)
 
576

 
(839
)
Net change in fair value of cash flow hedges
673

 
(291
)
 
382

 
812

 
(348
)
 
464

Net unamortized gain related to defined benefit pension and other postretirement adjustments arising during the period
43

 
(32
)
 
11

 
87

 
(50
)
 
37

Less: amortization of net actuarial losses
(60
)
 
24

 
(36
)
 
(121
)
 
49

 
(72
)
Less: amortization of net prior service credits
(128
)
 
52

 
(76
)
 
(152
)
 
62

 
(90
)
Net change in other comprehensive income for defined benefit postretirement plans (2)
231

 
(108
)
 
123

 
360

 
(161
)
 
199

Total other comprehensive loss
$
(2,691
)
 
$
968

 
$
(1,723
)
 
$
118

 
$
(122
)
 
$
(4
)
 
(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 $353,000 and $499,000 at June 30, 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)
5,935

 
53

 
(74
)
 
121

 
6,035

Ending balance: June 30, 2016
$
7,241

 
$
(1,902
)
 
$
353

 
$
(2,109
)
 
$
3,583

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

 
$
(3,298
)
 
$
571

 
$
(2,794
)
 
$
(2,132
)
Net change in other comprehensive income (loss)
(667
)
 
536

 
(72
)
 
199

 
(4
)
Ending balance: June 30, 2015
$
2,722

 
$
(2,762
)
 
$
499

 
$
(2,595
)
 
$
(2,136
)