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Reclassifications Out of Accumulated Other Comprehensive Loss ("AOCL") (Tables)
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Reclassifications of Accumulated Other Comprehensive Loss

Reclassifications Out of Accumulated Other Comprehensive Loss (“AOCL”)

(in thousands)

 

For the Nine Months Ended September 30, 2014

 

 

Amount Reclassified from

 

 

Affected Line Item in the

Details About

 

Accumulated Other

 

 

Consolidated Statement of Income

Accumulated Other Comprehensive Loss

 

Comprehensive Loss (1)

 

 

and Comprehensive Income

Unrealized gains on available-for-sale securities

 

$

5,317

 

 

Net gain on sales of securities

 

 

 

(2,146

)

 

Income tax expense

 

 

$

3,171

 

 

Net gain on sales of securities, net of tax

 

 

 

 

 

 

 

Amortization of defined benefit pension plan items:

 

 

 

 

 

 

Prior-service costs

 

$

186

 

 

Included in the computation of net

   periodic (credit) expense (2)

Actuarial losses

 

 

(2,820

)

 

Included in the computation of net

   periodic (credit) expense (2)

 

 

 

(2,634

)

 

Total before tax

 

 

 

1,064

 

 

Income tax benefit

 

 

$

(1,570

)

 

Amortization of defined benefit pension

   plan items, net of tax

Total reclassifications for the period

 

$

1,601

 

 

 

 

(1)

Amounts in parentheses indicate expense items.

(2)

Please see Note 9, “Pension and Other Post-Retirement Benefits,” for additional information.