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Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2016
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 June 30, 2016 and December 31, 2015:
 
June 30, 2016
 
December 31, 2015
(Dollars in thousands)
Accumulated
other
comprehensive
income (loss)
 
Deferred
tax expense
(benefit)
 
Accumulated
other
comprehensive
income (loss),
net of tax
 
Accumulated
other
comprehensive
loss
 
Deferred
tax benefit
 
Accumulated
other
comprehensive
loss,
net of tax
Unrealized gains (losses) on investment securities available for sale, net
$
50,548

 
$
19,335

 
$
31,213

 
$
(24,504
)
 
$
(9,379
)
 
$
(15,125
)
Unrealized loss on cash flow hedge

 

 

 
(1,429
)
 
(537
)
 
(892
)
Funded status of defined benefit plans
(74,885
)
 
(28,645
)
 
(46,240
)
 
(78,419
)
 
(29,996
)
 
(48,423
)
Total
$
(24,337
)
 
$
(9,310
)
 
$
(15,027
)
 
$
(104,352
)
 
$
(39,912
)
 
$
(64,440
)
The following table highlights changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2016 and June 30, 2015:
 
Three months ended June 30, 2016
(Dollars in thousands)
Unrealized gains (losses) on available for sale securities1
 
Gains (losses) on cash flow hedges1
 
Defined benefit pension items1
 
Total
Beginning balance
$
24,034

 
$
(455
)
 
$
(47,403
)
 
$
(23,824
)
Other comprehensive income before reclassifications
14,915

 
455

 

 
15,370

Amounts reclassified from accumulated other comprehensive income (loss)
(7,736
)
 

 
1,163

 
(6,573
)
Net current period other comprehensive income
7,179

 
455

 
1,163

 
8,797

Ending balance
$
31,213

 
$

 
$
(46,240
)
 
$
(15,027
)
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2015
 
Unrealized gains (losses) on available for sale securities1
 
Gains (losses) on cash flow hedges1
 
Defined benefit pension items1
 
Total
Beginning balance
$
20,551

 
$
(2,310
)
 
$
(53,652
)
 
$
(35,411
)
Other comprehensive (loss) income before reclassifications
(17,874
)
 
435

 

 
(17,439
)
Amounts reclassified from accumulated other comprehensive income (loss)
(73
)
 

 
1,764

 
1,691

Net current period other comprehensive (loss) income
(17,947
)
 
435

 
1,764

 
(15,748
)
Ending balance
$
2,604

 
$
(1,875
)
 
$
(51,888
)
 
$
(51,159
)
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2016
 
Unrealized gains (losses) on available for sale securities1
 
Gains (losses) on cash flow hedges1
 
Defined benefit pension items1
 
Total
Beginning balance
$
(15,125
)
 
$
(892
)
 
$
(48,423
)
 
$
(64,440
)
Other comprehensive income before reclassifications
56,932

 
892

 

 
57,824

Amounts reclassified from accumulated other comprehensive (loss) income
(10,594
)
 

 
2,183

 
(8,411
)
Net current period other comprehensive income
46,338

 
892

 
2,183

 
49,413

Ending balance
$
31,213

 
$

 
$
(46,240
)
 
$
(15,027
)
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2015
 
Unrealized gains (losses) 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
728

 
789

 

 
1,517

Amounts reclassified from accumulated other comprehensive income (loss)
(3,222
)
 

 
3,527

 
305

Net current period other comprehensive (loss) income
(2,494
)
 
789

 
3,527

 
1,822

Ending balance
$
2,604

 
$
(1,875
)
 
$
(51,888
)
 
$
(51,159
)
1 All amounts are net of tax.
Reclassification out of Accumulated Other Comprehensive Income
(Dollars in thousands)
 
Three months ended June 30, 2016
Details about accumulated other comprehensive income (loss)
 
Amounts 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
 
$
12,529

 
Securities gains
 
 
(4,793
)
 
Income taxes
 
 
$
7,736

 
Net income
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(52
)
 
Employee benefits
     Actuarial losses
 
(1,830
)
 
Employee benefits
 
 
(1,882
)
 
Employee benefits
 
 
719

 
Income taxes
 
 
$
(1,163
)
 
Net income
Total reclassifications for the period
 
$
6,573

 
 
 
 
 
 
 
 
 
Three months ended June 30, 2015
Details about accumulated other comprehensive income (loss)
 
Amounts 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
 
$
147

 
Securities gains
 
 
(74
)
 
Income taxes
 
 
$
73

 
Net income
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(52
)
 
Employee benefits
     Actuarial losses
 
(2,835
)
 
Employee benefits
 
 
(2,887
)
 
Employee benefits
 
 
1,123

 
Income taxes
 
 
$
(1,764
)
 
Net income
Total reclassifications for the period
 
$
(1,691
)
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2016
Details about accumulated other comprehensive income (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
 
$
17,157

 
Securities gains
 
 
(6,563
)
 
Income taxes
 
 
$
10,594

 
Net income
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(104
)
 
Employee benefits
     Actuarial losses
 
(3,430
)
 
Employee benefits
 
 
(3,534
)
 
Employee benefits
 
 
1,351

 
Income taxes
 
 
$
(2,183
)
 
Net income
Total reclassifications for the period
 
$
8,411

 
 
 
 
 
 
 
 
 
Six months ended June 30, 2015
Details about accumulated other comprehensive income (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
 
$
5,273

 
Securities gains
 
 
(2,051
)
 
Income taxes
 
 
$
3,222

 
Net income
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(105
)
 
Employee benefits
     Actuarial losses
 
(5,668
)
 
Employee benefits
 
 
(5,773
)
 
Employee benefits
 
 
2,246

 
Income taxes
 
 
$
(3,527
)
 
Net income
Total reclassifications for the period
 
$
(305
)
 
 
1 Amounts in parentheses indicate debits to profit/loss.