XML 69 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9
Other Comprehensive Income/Loss (Tables)
3 Months Ended
Mar. 31, 2015
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Components of and Changes in Accumulated Other Comprehensive Loss net of tax
The following tables set forth the components of accumulated other comprehensive loss, net of related tax effects, at the dates indicated and the changes during the three months ended March 31, 2015 and 2014.

(In Thousands)
At  
 December 31, 2014
 
Other
Comprehensive
Income
 
At 
 March 31, 2015
Net unrealized gain on securities available-for-sale
 
$
4,686

 
 
 
$
1,993

 
 
 
$
6,679

 
Net actuarial loss on pension plans and other postretirement benefits
 
(67,476
)
 
 
 
469

 
 
 
(67,007
)
 
Prior service cost on pension plans and other postretirement benefits
 
(3,161
)
 
 
 
29

 
 
 
(3,132
)
 
Accumulated other comprehensive loss
 
$
(65,951
)
 
 
 
$
2,491

 
 
 
$
(63,460
)
 
 
 
 
 
 
 
 
 
 
 
 
 
(In Thousands)
At  
 December 31, 2013
 
Other
Comprehensive
Income
 
At 
 March 31, 2014
Net unrealized loss on securities available-for-sale
 
$
(4,366
)
 
 
 
$
2,993

 
 
 
$
(1,373
)
 
Net actuarial loss on pension plans and other postretirement benefits
 
(30,600
)
 
 
 
135

 
 
 
(30,465
)
 
Prior service cost on pension plans and other postretirement benefits
 
(3,284
)
 
 
 
30

 
 
 
(3,254
)
 
Accumulated other comprehensive loss
 
$
(38,250
)
 
 
 
$
3,158

 
 
 
$
(35,092
)
 
Schedule of Components of Other Comprehensive Income/Loss
The following tables set forth the components of other comprehensive income for the periods indicated.
 
 
 
For the Three Months Ended 
 March 31, 2015
 
(In Thousands)
Before Tax
Amount
 
Income Tax
Expense
 
After Tax
Amount
Net unrealized holding gain on securities available-for-sale arising during the period
 
$
3,223

 
 
 
$
(1,230
)
 
 
 
$
1,993

 
Reclassification adjustment for net actuarial loss included in net income
 
757

 
 
 
(288
)
 
 
 
469

 
Reclassification adjustment for prior service cost included in net income
 
47

 
 
 
(18
)
 
 
 
29

 
Other comprehensive income
 
$
4,027

 
 
 
$
(1,536
)
 
 
 
$
2,491

 

 
 
For the Three Months Ended 
 March 31, 2014
 
(In Thousands)
Before Tax
Amount
 
Income Tax
Expense
 
After Tax
Amount
Net unrealized holding gain on securities available-for-sale arising during the period
 
$
4,628

 
 
 
$
(1,635
)
 
 
 
$
2,993

 
Reclassification adjustment for net actuarial loss included in net income
 
208

 
 
 
(73
)
 
 
 
135

 
Reclassification adjustment for prior service cost included in net income
 
47

 
 
 
(17
)
 
 
 
30

 
Other comprehensive income
 
$
4,883

 
 
 
$
(1,725
)
 
 
 
$
3,158

 
Information About Amounts Reclassified From Accumulated Other Comprehensive Loss to the Consolidated Statements of Income
The following tables set forth information about amounts reclassified from accumulated other comprehensive loss to, and the affected line items in, the consolidated statements of income for the periods indicated.
 
 
For the Three Months Ended March 31,
 
Income Statement
Line Item
(In Thousands)
 
2015
 
 
 
2014
 
 
Reclassification adjustment for net actuarial loss (1)
 
$
(757
)
 
 
 
$
(208
)
 
 
Compensation and benefits
Reclassification adjustment for prior service cost (1)
 
(47
)
 
 
 
(47
)
 
 
Compensation and benefits
Total reclassifications, before tax
 
(804
)
 
 
 
(255
)
 
 
 
Income tax effect
 
306

 
 
 
90

 
 
Income tax expense (benefit)
Total reclassifications, net of tax
 
$
(498
)
 
 
 
$
(165
)
 
 
Net income
  
(1)
These other comprehensive income components are included in the computations of net periodic (benefit) cost for our defined benefit pension plans and other postretirement benefit plan. See Note 7 for additional details.