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Other Comprehensive Income/Loss (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss
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 years ended December 31, 2016 and 2015.
(In Thousands)
At 
 December 31, 2015
 
Other
Comprehensive
(Loss) Income
 
At 
 December 31, 2016
Net unrealized gain on securities available-for-sale
 
$
2,827

 
 
 
$
(566
)
 
 
 
$
2,261

 
Net actuarial loss on pension plans and other postretirement benefits
 
(58,396
)
 
 
 
2,189

 
 
 
(56,207
)
 
Prior service cost on pension plans and other postretirement benefits
 
(3,048
)
 
 
 
113

 
 
 
(2,935
)
 
Accumulated other comprehensive loss
 
$
(58,617
)
 
 
 
$
1,736

 
 
 
$
(56,881
)
 

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

 
 
 
$
(1,859
)
 
 
 
$
2,827

 
Net actuarial loss on pension plans and other postretirement benefits
 
(67,476
)
 
 
 
9,080

 
 
 
(58,396
)
 
Prior service cost on pension plans and other postretirement benefits
 
(3,161
)
 
 
 
113

 
 
 
(3,048
)
 
Accumulated other comprehensive loss
 
$
(65,951
)
 
 
 
$
7,334

 
 
 
$
(58,617
)
 
Components of Other Comprehensive Income/Loss
The following table sets forth the components of other comprehensive income/loss for the years indicated.
(In Thousands)
Before Tax
Amount
 
Tax
Benefit
(Expense)
 
After Tax
Amount
For the Year Ended December 31, 2016
 

 
 

 
 

Net unrealized loss on securities available-for-sale:
 

 
 

 
 

Net unrealized holding loss on securities arising during the year
$
(864
)
 
$
349

 
$
(515
)
Reclassification adjustment for gain on sales of securities included in net income
(86
)
 
35

 
(51
)
Net unrealized loss on securities available-for-sale
(950
)
 
384

 
(566
)
 
 
 
 
 
 
Net actuarial loss adjustment on pension plans and other postretirement benefits:
 

 
 

 
 

Net actuarial loss adjustment arising during the year
1,284

 
(519
)
 
765

Reclassification adjustment for net actuarial loss included in net income
2,390

 
(966
)
 
1,424

Net actuarial loss adjustment on pension plans and other postretirement benefits
3,674

 
(1,485
)
 
2,189

 
 
 
 
 
 
Reclassification adjustment for prior service cost on pension plans and other post retirement benefits included in net income
190

 
(77
)
 
113

Other comprehensive income
$
2,914

 
$
(1,178
)
 
$
1,736

 
 
 
 
 
 
For the Year Ended December 31, 2015
 

 
 

 
 

Net unrealized loss on securities available-for-sale:
 

 
 

 
 

Net unrealized holding loss on securities arising during the year
$
(3,048
)
 
$
1,232

 
$
(1,816
)
Reclassification adjustment for gain on sales of securities included in net income
(72
)
 
29

 
(43
)
Net unrealized loss on securities available-for-sale
(3,120
)
 
1,261

 
(1,859
)
 
 
 
 
 
 
Net actuarial loss adjustment on pension plans and other postretirement benefits:
 

 
 

 
 

Net actuarial loss adjustment arising during the year
12,265

 
(4,956
)
 
7,309

Reclassification adjustment for net actuarial loss included in net income
2,973

 
(1,202
)
 
1,771

Net actuarial loss adjustment on pension plans and other postretirement benefits
15,238

 
(6,158
)
 
9,080

 
 
 
 
 
 
Reclassification adjustment for prior service cost on pension plans and other post retirement benefits included in net income
190

 
(77
)
 
113

Other comprehensive income
$
12,308

 
$
(4,974
)
 
$
7,334

 
 
 
 
 
 
For the Year Ended December 31, 2014
 

 
 

 
 

Net unrealized gain on securities available-for-sale:
 
 
 
 
 
Net unrealized holding gain on securities arising during the year
$
14,134

 
$
(4,991
)
 
$
9,143

Reclassification adjustment for gain on sales of securities included in net income
(141
)
 
50

 
(91
)
Net unrealized gain on securities available-for-sale
13,993


(4,941
)

9,052

 
 
 
 
 
 
Net actuarial loss adjustment on pension plans and other postretirement benefits:
 
 
 
 
 
Net actuarial loss adjustment arising during the year
(60,583
)
 
23,116

 
(37,467
)
Reclassification adjustment for net actuarial loss included in net income
913

 
(322
)
 
591

Net actuarial loss adjustment on pension plans and other postretirement benefits
(59,670
)

22,794


(36,876
)
 
 

 
 

 
 

Reclassification adjustment for prior service cost on pension plans and other post retirement benefits included in net income
190

 
(67
)
 
123

Other comprehensive loss
$
(45,487
)
 
$
17,786


$
(27,701
)
Information About Amounts Reclassified From Accumulated Other Comprehensive Loss
The following table sets forth information about amounts reclassified from accumulated other comprehensive loss to, and the affected line items in, the consolidated statement of income for the years indicated.
(In Thousands)
For the Year Ended December 31,
 
Income Statement
Line Item
2016
 
2015
 
Reclassification adjustment for gain on sales of securities
 
$
86

 
 
 
$
72

 
 
Gain on sales of securities
Reclassification adjustment for net actuarial loss (1)
 
(2,390
)
 
 
 
(2,973
)
 
 
Compensation and benefits
Reclassification adjustment for prior service cost (1)
 
(190
)
 
 
 
(190
)
 
 
Compensation and benefits
Total reclassifications, before tax
 
(2,494
)
 
 
 
(3,091
)
 
 
 
Income tax effect
 
1,008

 
 
 
1,250

 
 
Income tax expense
Total reclassifications, net of tax
 
$
(1,486
)
 
 
 
$
(1,841
)
 
 
Net income
(1)
These other comprehensive income/loss components are included in the computations of net periodic cost/benefit for our defined benefit pension plans and other postretirement benefit plan.  See Note 14 for additional details.