Accumulated Other Comprehensive Loss, Net of Tax

3 Months Ended

Mar. 31, 2020

The following tables summarize the changes in accumulated other comprehensive loss (AOCL), net of tax by component:


	Three months ended March 31, 2020
(In thousands)	Securities Available For Sale		Derivative Instruments		Defined Benefit Pension and Other Postretirement Benefit Plans		Total
Beginning balance	$	17,251	$	(9,184)	$	(44,139)	$	(36,072)
OCI before reclassifications	(15,683)		24,779		—		9,096
Amounts reclassified from AOCL	(6)		1,453		729		2,176
Net current-period OCI	(15,689)		26,232		729		11,272
Ending balance	$	1,562	$	17,048	$	(43,410)	$	(24,800)


	Three months ended March 31, 2019
(In thousands)	Securities Available For Sale		Derivative Instruments		Defined Benefit Pension and Other Postretirement Benefit Plans		Total
Beginning balance	$	(71,374)	$	(9,313)	$	(49,965)	$	(130,652)
OCI/ (OCL) before reclassifications	27,559		(839)		—		26,720
Amounts reclassified from AOCL	—		1,035		1,056		2,091
Net current-period OCI	27,559		196		1,056		28,811
Ending balance	$	(43,815)	$	(9,117)	$	(48,909)	$	(101,841)

The following table provides information for the items reclassified from AOCL:


(In thousands)	Three months ended March 31,					Associated Line Item in the Condensed Consolidated Statements of Income
AOCL Components	2020		2019
Securities available-for-sale:
Unrealized gains (losses) on investment securities	$	8	$	—	Gain on sale of investment securities, net


Tax benefit (expense)	(2)		—		Income tax expense
Net of tax	$	6	$	—
Derivative instruments:
Hedge terminations	$	(1,173)	$	(1,391)	Interest expense
Premium amortization	(794)		—		Interest income
Tax benefit	514		356		Income tax expense
Net of tax	$	(1,453)	$	(1,035)
Defined benefit pension and other postretirement benefit plans:
Amortization of net loss	$	(990)	$	(1,430)	Other non-interest expense
Tax benefit	261		374		Income tax expense
Net of tax	$	(729)	$	(1,056)