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Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule Of Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss) included the following as of March 31, 2015 and December 31, 2014:
 
 
March 31, 2015
 
December 31, 2014
(Dollars in thousands)
Accumulated
other
comprehensive
income (loss)
 
Deferred
tax expense
(benefit)
 
Accumulated
other
comprehensive
income (loss),
net of tax
 
Accumulated
other
comprehensive
gain (loss)
 
Deferred
tax expense
(benefit)
 
Accumulated
other
comprehensive
gain (loss),
net of tax
Unrealized gains on investment securities available for sale, net
$
33,632

 
$
13,081

 
$
20,551

 
$
8,343

 
$
3,245

 
$
5,098

Unrealized loss on cash flow hedge
(3,761
)
 
(1,451
)
 
(2,310
)
 
(4,337
)
 
(1,673
)
 
(2,664
)
Funded status of defined benefit plan
(87,810
)
 
(34,158
)
 
(53,652
)
 
(90,696
)
 
(35,281
)
 
(55,415
)
Total
$
(57,939
)
 
$
(22,528
)
 
$
(35,411
)
 
$
(86,690
)
 
$
(33,709
)
 
$
(52,981
)

The following table highlights changes in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2015 and March 31, 2014:
 
Three months ended March 31, 2015
(Dollars in thousands)
Unrealized gains on available for sale securities1
 
Gains (losses) on cash flow hedges1
 
Defined benefit pension items1
 
Total
Beginning balance
$
5,098

 
$
(2,664
)
 
$
(55,415
)
 
$
(52,981
)
Other comprehensive income before reclassifications
18,602

 
354

 

 
18,956

Amounts reclassified from accumulated other comprehensive (loss) income
(3,149
)
 

 
1,763

 
(1,386
)
Net current period other comprehensive income
15,453

 
354

 
1,763

 
17,570

Ending balance
$
20,551

 
$
(2,310
)
 
$
(53,652
)
 
$
(35,411
)
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2014
 
Unrealized gains (losses) on available for sale securities1
 
Gains (losses) on cash flow hedges1
 
Defined benefit pension items1
 
Total
Beginning balance
$
(10,091
)
 
$
(4,434
)
 
$
(10,743
)
 
$
(25,268
)
Other comprehensive income before reclassifications
7,256

 
441

 

 
7,697

Amounts reclassified from accumulated other comprehensive (loss) income

 

 
977

 
977

Net current period other comprehensive income
7,256

 
441

 
977

 
8,674

Ending balance
$
(2,835
)
 
$
(3,993
)
 
$
(9,766
)
 
$
(16,594
)
 
 
 
 
 
 
 
 
1 All amounts are net of tax.
Reclassification out of Accumulated Other Comprehensive Income
(Dollars in thousands)
 
Three months ended March 31, 2015
Details about accumulated other comprehensive loss
 
Amount reclassified from accumulated other comprehensive (loss) income1
 
Affected line item in the statement where net income is presented
Unrealized gains and losses on available for sale securities
 
 
 
 
 
 
$
5,126

 
Securities gains
 
 
(1,977
)
 
Income taxes
 
 
$
3,149

 
Net income
 
 
 
 
 
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(53
)
 
Employee benefits
     Actuarial losses
 
(2,833
)
 
Employee benefits
 
 
(2,886
)
 
Income before income taxes
 
 
1,123

 
Provision for income taxes
 
 
$
(1,763
)
 
Net income
Total reclassifications for the period
 
$
1,386

 
 
 
 
 
 
 
 
 
Three months ended March 31, 2014
Details about accumulated other comprehensive loss
 
Amount reclassified from accumulated other comprehensive (loss) income1
 
Affected line item in the statement where net income is presented
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(53
)
 
Employee benefits
     Actuarial losses
 
(1,546
)
 
Employee benefits
 
 
(1,599
)
 
Income before income taxes
 
 
622

 
Provision for income taxes
 
 
$
(977
)
 
Net income
Total reclassifications for the period
 
$
(977
)
 
 
1 Amounts in parentheses indicate debits to profit/loss.