Accumulated Other Comprehensive (Loss) Income, Net of Tax

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Accumulated Other Comprehensive (Loss) Income, Net of Tax

Accumulated Other Comprehensive (Loss) Income, Net of Tax

The following table summarizes the changes in each component of accumulated other comprehensive (loss) income, net of tax:

	Three months ended March 31, 2022
(In thousands)	Securities Available For Sale		Derivative Instruments		Defined Benefit Pension and Other Postretirement Benefit Plans		Total
Balance, beginning of period	$	4,536	$	6,070	$	(33,186)	$	(22,580)
Other comprehensive (loss) before reclassifications	(244,879)		(8,613)		(719)		(254,211)
Amounts reclassified from accumulated other comprehensive income (loss)	—		769		299		1,068
Other comprehensive (loss) income, net of tax	(244,879)		(7,844)		(420)		(253,143)
Balance, end of period	$	(240,343)	$	(1,774)	$	(33,606)	$	(275,723)

	Three months ended March 31, 2021
(In thousands)	Securities Available For Sale		Derivative Instruments		Defined Benefit Pension and Other Postretirement Benefit Plans		Total
Balance, beginning of period	$	67,424	$	19,918	$	(45,086)	$	42,256
Other comprehensive (loss) before reclassifications	(30,353)		(5,170)		—		(35,523)
Amounts reclassified from accumulated other comprehensive (loss)	—		798		743		1,541
Other comprehensive (loss) income, net of tax	(30,353)		(4,372)		743		(33,982)
Balance, end of period	$	37,071	$	15,546	$	(44,343)	$	8,274

The following table further summarizes the amounts reclassified from accumulated other comprehensive (loss) income:

	Three months ended March 31,				Associated Line Item on the Condensed Consolidated Statements of Income
Accumulated Other Comprehensive (Loss) Income Components	2022		2021
(In thousands)
Derivative instruments:
Hedge terminations	$	(77)	$	(76)	Interest expense
Premium amortization	(978)		(1,005)		Interest income
Tax benefit	286		283		Income tax expense
Net of tax	$	(769)	$	(798)
Defined benefit pension and other postretirement benefit plans:
Actuarial loss amortization	$	(411)	$	(1,008)	Other non-interest expense
Tax benefit	112		265		Income tax expense
Net of tax	$	(299)	$	(743)