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Accumulated Other Comprehensive Loss
 12 Months Ended
Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Accumulated other comprehensive income (loss) included the following as of December 31, 2014, and December 31, 2013:
 
December 31, 2014
 
December 31, 2013
(Dollars in thousands)
Accumulated
other
comprehensive
income (loss)
 
Deferred
tax
benefit
 
Accumulated
other
comprehensive
income (loss),
net of tax
 
Accumulated
other
comprehensive
loss
 
Deferred
tax
expense
(benefit)
 
Accumulated
other
comprehensive
loss,
net of tax
Unrealized gains (losses) on investment securities available for sale
$
8,343

 
$
3,245

 
$
5,098

 
$
(16,632
)
 
$
(6,541
)
 
$
(10,091
)
Unrealized loss on cash flow hedge
(4,337
)
 
(1,673
)
 
(2,664
)
 
(7,220
)
 
(2,786
)
 
(4,434
)
Funded status of defined benefit plan
(90,696
)
 
(35,281
)
 
(55,415
)
 
(17,582
)
 
(6,839
)
 
(10,743
)
Total
$
(86,690
)
 
$
(33,709
)
 
$
(52,981
)
 
$
(41,434
)
 
$
(16,166
)
 
$
(25,268
)

The following table highlights changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2014, and December 31, 2013:
(Dollars in thousands)
Unrealized gains and losses on available-for-sale securities(1)
 
Gains and losses on cash flow hedges(1)
 
Defined benefit pension items(1)
 
Total
Balance at January 1, 2013
$
20,517

 
$
(6,292
)
 
$
(96,331
)
 
$
(82,106
)
Other comprehensive income (loss) before reclassifications
(30,608
)
 
1,858

 
75,082

 
46,332

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
—

 
10,506

 
10,506

Net current period other comprehensive income (loss)
(30,608
)
 
1,858

 
85,588

 
56,838

Balance at December 31, 2013
(10,091
)
 
(4,434
)
 
(10,743
)
 
(25,268
)
Other comprehensive income (loss) before reclassifications
(2,683
)
 
1,770

 
(47,946
)
 
(48,859
)
Amounts reclassified from accumulated other comprehensive loss
17,872

 
—

 
3,274

 
21,146

Net current period other comprehensive income (loss)
15,189

 
1,770

 
(44,672
)
 
(27,713
)
Balance at December 31, 2014
$
5,098

 
$
(2,664
)
 
$
(55,415
)
 
$
(52,981
)
(1) All amounts are net of tax. Amounts in parentheses indicate debits.

The following table presents the amounts reclassified from accumulated other comprehensive (loss) income and the line item affected in the statement where net income is presented for the twelve months ended December 31, 2014 and December 31, 2013:
(Dollars in thousands)
 
Year ended December 31, 2014
Details about accumulated other comprehensive loss
 
Amount reclassified from accumulated other comprehensive income (loss)(1)
 
Affected line item in the statement where net income is presented
Unrealized gains and losses on available for sale securities
 
 
 
 
 
 
$
(29,096
)
 
Securities gains
 
 
11,224

 
Income taxes
 
 
$
(17,872
)
 
Net income
 
 
 
 
 
Amortization of defined benefit pension items
 
 
 
 
Prior service costs
 
$
(210
)
 
Employee benefits
Actuarial losses
 
(5,148
)
 
Employee benefits
 
 
(5,358
)
 
Income before income taxes
 
 
2,084

 
Income taxes
 
 
$
(3,274
)
 
Net income
Total reclassifications for the period
 
$
(21,146
)
 
 
 
 
 
 
 
 
 
Year ended December 31, 2013
Details about accumulated other comprehensive loss
 
Amount reclassified from accumulated other comprehensive income (loss)(1)
 
Affected line item in the statement where net income is presented
Amortization of defined benefit pension items
 
 
 
 
Prior service costs
 
$
(210
)
 
Employee benefits
Actuarial losses
 
(16,985
)
 
Employee benefits
 
 
(17,195
)
 
Income before income taxes
 
 
6,689

 
Income taxes
 
 
$
(10,506
)
 
Net income
Total reclassifications for the period
 
$
(10,506
)
 
 
(1) Amounts in parentheses indicate debits to profit/loss.