XML 28 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1
Accumulated Other Comprehensive Loss, Net of Tax
 6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Loss, Net of Tax Accumulated Other Comprehensive Loss, Net of Tax
The following tables summarize the changes in AOCL by component:
 
Three months ended June 30, 2017
 
Six months ended June 30, 2017
(In thousands)
Securities Available For Sale and Transferred
Derivative Instruments
Defined Benefit Pension and Other Postretirement Benefit Plans
Total
 
Securities Available For Sale and Transferred
Derivative Instruments
Defined Benefit Pension and Other Postretirement Benefit Plans
Total
Beginning balance
$
(17,701
)
$
(15,909
)
$
(43,417
)
$
(77,027
)
 
$
(15,476
)
$
(17,068
)
$
(44,449
)
$
(76,993
)
  OCI/OCL before reclassifications
3,200

(472
)
—

2,728

 
975

(411
)
—

564

  Amounts reclassified from AOCL
—

1,123

1,094

2,217

 
—

2,221

2,126

4,347

Net current-period OCI/OCL
3,200

651

1,094

4,945

 
975

1,810

2,126

4,911

Ending balance
$
(14,501
)
$
(15,258
)
$
(42,323
)
$
(72,082
)
 
$
(14,501
)
$
(15,258
)
$
(42,323
)
$
(72,082
)
 
Three months ended June 30, 2016
 
Six months ended June 30, 2016
(In thousands)
Securities Available For Sale and Transferred
Derivative Instruments
Defined Benefit Pension and Other Postretirement Benefit Plans
Total
 
Securities Available For Sale and Transferred
Derivative Instruments
Defined Benefit Pension and Other Postretirement Benefit Plans
Total
Beginning balance
$
1,098

$
(23,932
)
$
(47,563
)
$
(70,397
)
 
$
(6,407
)
$
(22,980
)
$
(48,719
)
$
(78,106
)
  OCI/OCL before reclassifications
11,324

(758
)
—

10,566

 
18,938

(3,210
)
—

15,728

  Amounts reclassified from AOCL
(59
)
1,284

1,095

2,320

 
(168
)
2,784

2,251

4,867

Net current-period OCI/OCL
11,265

526

1,095

12,886

 
18,770

(426
)
2,251

20,595

Ending balance
$
12,363

$
(23,406
)
$
(46,468
)
$
(57,511
)
 
$
12,363

$
(23,406
)
$
(46,468
)
$
(57,511
)

The following tables provide information for the items reclassified from AOCL:
(In thousands)
Three months ended June 30,
 
Six months ended June 30,
Associated Line Item in the Condensed Consolidated Statements of Income
AOCL Components
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
Securities available-for-sale and transferred:
 
 
 
 
 
 
 
 
Unrealized gains (losses) on investment securities
$
—

 
$
94

 
$
—

 
$
414

Gain on sale of investment securities, net
Unrealized gains (losses) on investment securities
—

 
—

 
—

 
(149
)
Impairment loss recognized in earnings
Total before tax
—

 
94

 
—

 
265

 
Tax benefit (expense)
—

 
(35
)
 
—

 
(97
)
Income tax expense
Net of tax
$
—

 
$
59

 
$
—

 
$
168

 
Derivative instruments:
 
 
 
 
 
 
 
 
Cash flow hedges
$
(1,771
)
 
$
(2,024
)
 
$
(3,506
)
 
$
(4,389
)
Total interest expense
Tax benefit
648

 
740

 
1,285

 
1,605

Income tax expense
Net of tax
$
(1,123
)
 
$
(1,284
)
 
$
(2,221
)
 
$
(2,784
)
 
Defined benefit pension and other postretirement benefit plans:
 
 
 
 
 
 
 
 
Amortization of net loss
$
(1,734
)
 
$
(1,734
)
 
$
(3,372
)
 
$
(3,563
)
(1)
Prior service costs
—

 
(3
)
 
—

 
(7
)
(1)
Total before tax
(1,734
)
 
(1,737
)
 
(3,372
)
 
(3,570
)
 
Tax benefit
640

 
642

 
1,246

 
1,319

Income tax expense
Net of tax
$
(1,094
)
 
$
(1,095
)
 
$
(2,126
)
 
$
(2,251
)
 

(1) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 14 - Retirement Benefit Plans for further details).