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Accumulated Other Comprehensive Loss, Net of Tax
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Loss, Net of Tax
Accumulated Other Comprehensive Loss, Net of Tax
The following table summarizes the changes in accumulated other comprehensive loss, net of tax by component:
(In thousands)
Available For Sale and Transferred Securities
Derivative Instruments
Defined Benefit Pension and Other Postretirement Benefit Plans
Total
Balance at December 31, 2012
$
42,741

$
(27,902
)
$
(47,105
)
$
(32,266
)
Other comprehensive (loss) income before reclassifications
(49,572
)
3,744

17,298

(28,530
)
Amounts reclassified from accumulated other comprehensive income (loss)
4,214

5,952

2,081

12,247

Net current-period other comprehensive (loss) income, net of tax
(45,358
)
9,696

19,379

(16,283
)
Balance at December 31, 2013
(2,617
)
(18,206
)
(27,726
)
(48,549
)
Other comprehensive income (loss) before reclassifications
21,811

(12,506
)
(19,496
)
(10,191
)
Amounts reclassified from accumulated other comprehensive income (loss)
(2,773
)
5,182

70

2,479

Net current-period other comprehensive income (loss), net of tax
19,038

(7,324
)
(19,426
)
(7,712
)
Balance at December 31, 2014
16,421

(25,530
)
(47,152
)
(56,261
)
Other comprehensive (loss) income before reclassifications
(22,512
)
(3,136
)
(3,395
)
(29,043
)
Amounts reclassified from accumulated other comprehensive income (loss)
(316
)
5,686

1,828

7,198

Net current-period other comprehensive (loss) income, net of tax
(22,828
)
2,550

(1,567
)
(21,845
)
Balance at December 31, 2015
$
(6,407
)
$
(22,980
)
$
(48,719
)
$
(78,106
)
The following table provides information for the items reclassified from accumulated other comprehensive loss, net of tax:
 
 
 
 
Years ended December 31,
 
Accumulated Other Comprehensive Loss Components
2015
 
2014
 
2013
Associated Line Item in the Consolidated Statements Of Income
(In thousands)
 
 
 
 
 
 
Available-for-sale and transferred securities:
 
 
 
 
 
 
Unrealized gains (losses) on investments
$
609

 
$
5,499

 
$
712

Gain on sale of investment securities, net
Unrealized gains (losses) on investments
(110
)
 
(1,145
)
 
(7,277
)
Impairment loss recognized in earnings
Tax (expense) benefit
(183
)
 
(1,581
)
 
2,351

Income tax expense
Net of tax
$
316

 
$
2,773

 
$
(4,214
)
 
Derivative instruments:
 
 
 
 
 
 
Cash flow hedges
$
(8,965
)
 
$
(8,100
)
 
$
(9,272
)
Total interest expense
Tax benefit
3,279

 
2,918

 
3,320

Income tax expense
Net of tax
$
(5,686
)
 
$
(5,182
)
 
$
(5,952
)
 
Defined benefit pension and other postretirement benefit plans:
 
 
 
 
 
 
Amortization of net loss
$
(2,809
)
 
$
(37
)
 
$
(3,169
)
Compensation and benefits
Prior service costs
(73
)
 
(73
)
 
(73
)
Compensation and benefits
Tax benefit
1,054

 
40

 
1,161

Income tax expense
Net of tax
$
(1,828
)
 
$
(70
)
 
$
(2,081
)
 




The following tables summarize the items and related tax effects for each component of other comprehensive loss, net of tax:
 
Year ended December 31, 2015
(In thousands)
Pre-Tax Amount
Tax Benefit (Expense)
Net of Tax Amount
Available-for-sale and transferred securities:
 
 
 
Net unrealized loss during the period
$
(35,701
)
$
13,166

$
(22,535
)
Reclassification for net gain included in net income
(609
)
223

(386
)
Net non-credit other than temporary impairment
110

(40
)
70

Amortization of unrealized loss on securities transferred to held-to-maturity
37

(14
)
23

Total available-for-sale and transferred securities
(36,163
)
13,335

(22,828
)
Derivative instruments:
 
 
 
Net unrealized loss during the period
(4,945
)
1,809

(3,136
)
Reclassification adjustment for net loss included in net income
8,965

(3,279
)
5,686

Total derivative instruments
4,020

(1,470
)
2,550

Defined benefit pension and other postretirement benefit plans:
 
 
 
Current year actuarial loss
(5,367
)
1,972

(3,395
)
Reclassification adjustment for amortization of net loss included in net income
2,809

(1,027
)
1,782

Reclassification adjustment for prior service cost included in net income
73

(27
)
46

Total defined benefit pension and postretirement benefit plans
(2,485
)
918

(1,567
)
Other comprehensive loss
$
(34,628
)
$
12,783

$
(21,845
)
 
Year ended December 31, 2014
(In thousands)
Pre-Tax Amount
Tax Benefit (Expense)
Net of Tax Amount
Available-for-sale and transferred securities:
 
 
 
Net unrealized gain during the period
$
34,242

$
(12,469
)
$
21,773

Reclassification for net gain included in net income
(5,499
)
1,999

(3,500
)
Net non-credit other than temporary impairment
1,145

(418
)
727

Amortization of unrealized loss on securities transferred to held-to-maturity
60

(22
)
38

Total available-for-sale and transferred securities
29,948

(10,910
)
19,038

Derivative instruments:
 
 
 
Net unrealized loss during the period
(19,589
)
7,083

(12,506
)
Reclassification adjustment for net loss included in net income
8,100

(2,918
)
5,182

Total derivative instruments
(11,489
)
4,165

(7,324
)
Defined benefit pension and other postretirement benefit plans:
 
 
 
Current year actuarial loss
(30,683
)
11,187

(19,496
)
Reclassification adjustment for amortization of net loss included in net income
37

(14
)
23

Reclassification adjustment for prior service cost included in net income
73

(26
)
47

Total defined benefit pension and postretirement benefit plans
(30,573
)
11,147

(19,426
)
Other comprehensive loss
$
(12,114
)
$
4,402

$
(7,712
)
 
Year ended December 31, 2013
(In thousands)
Pre-Tax Amount
Tax Benefit (Expense)
Net of Tax Amount
Available-for-sale and transferred securities:
 
 
 
Net unrealized loss during the period
$
(77,524
)
$
27,762

$
(49,762
)
Reclassification for net gain included in net income
(712
)
255

(457
)
Net non-credit other than temporary impairment
7,277

(2,606
)
4,671

Amortization of unrealized loss on securities transferred to held-to-maturity
296

(106
)
190

Total available-for-sale and transferred securities
(70,663
)
25,305

(45,358
)
Derivative instruments:
 
 
 
Net unrealized gain during the period
5,826

(2,082
)
3,744

Reclassification adjustment for net loss included in net income
9,272

(3,320
)
5,952

Total derivative instruments
15,098

(5,402
)
9,696

Defined benefit pension and other postretirement benefit plans:
 
 
 
Current year actuarial gain
26,949

(9,651
)
17,298

Reclassification adjustment for amortization of net loss included in net income
3,169

(1,135
)
2,034

Reclassification adjustment for prior service cost included in net income
73

(26
)
47

Total defined benefit pension and postretirement benefit plans
30,191

(10,812
)
19,379

Other comprehensive loss
$
(25,374
)
$
9,091

$
(16,283
)