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Other Comprehensive Income/Loss
 3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Other Comprehensive Income/Loss
Other Comprehensive Income/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 three months ended March 31, 2017 and 2016.
(In Thousands)
At  
 December 31, 2016
 
Other
Comprehensive
(Loss) Income
 
At 
 March 31, 2017
Net unrealized gain on securities available-for-sale
 
$
2,261

 
 
 
$
(432
)
 
 
 
$
1,829

 
Net actuarial loss on pension plans and other postretirement benefits
 
(56,207
)
 
 
 
371

 
 
 
(55,836
)
 
Prior service cost on pension plans and other postretirement benefits
 
(2,935
)
 
 
 
29

 
 
 
(2,906
)
 
Accumulated other comprehensive loss
 
$
(56,881
)
 
 
 
$
(32
)
 
 
 
$
(56,913
)
 
 
 
 
 
 
 
 
 
 
 
 
 
(In Thousands)
At  
 December 31, 2015
 
Other
Comprehensive
Income
 
At 
 March 31, 2016
Net unrealized gain on securities available-for-sale
 
$
2,827

 
 
 
$
3,985

 
 
 
$
6,812

 
Net actuarial loss on pension plans and other postretirement benefits
 
(58,396
)
 
 
 
397

 
 
 
(57,999
)
 
Prior service cost on pension plans and other postretirement benefits
 
(3,048
)
 
 
 
28

 
 
 
(3,020
)
 
Accumulated other comprehensive loss
 
$
(58,617
)
 
 
 
$
4,410

 
 
 
$
(54,207
)
 
 
 
 
 
 
 
 
 
 
 
 
 

The following tables set forth the components of other comprehensive income/loss for the periods indicated.
 
 
For the Three Months Ended 
 March 31, 2017
 
(In Thousands)
Before Tax
Amount
 
Income Tax
Benefit
(Expense)
 
After Tax
Amount
Net unrealized holding loss on securities available-for-sale arising during the period
 
$
(724
)
 
 
 
$
292

 
 
 
$
(432
)
 
Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income
 
623

 
 
 
(252
)
 
 
 
371

 
Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income
 
48

 
 
 
(19
)
 
 
 
29

 
Other comprehensive loss
 
$
(53
)
 
 
 
$
21

 
 
 
$
(32
)
 
 
 
For the Three Months Ended 
 March 31, 2016
 
(In Thousands)
Before Tax
Amount
 
Income Tax
(Expense)
Benefit
 
After Tax
Amount
Net unrealized gain on securities available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
Net unrealized holding gain on securities arising during the period
 
$
6,774

 
 
 
$
(2,738
)
 
 
 
$
4,036

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

 
 
 
(51
)
 
Net unrealized gain on securities available-for-sale
 
6,688

 
 
 
(2,703
)
 
 
 
3,985

 
Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income
 
667

 
 
 
(270
)
 
 
 
397

 
Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income
 
47

 
 
 
(19
)
 
 
 
28

 
Other comprehensive income
 
$
7,402

 
 
 
$
(2,992
)
 
 
 
$
4,410

 

The following table sets 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)
 
2017
 
 
 
2016
 
 
Reclassification adjustment for gain on sales of securities
 
$
—

 
 
 
$
86

 
 
Gain on sales of securities
Reclassification adjustment for net actuarial loss (1)
 
(623
)
 
 
 
(667
)
 
 
Compensation and benefits
Reclassification adjustment for prior service cost (1)
 
(48
)
 
 
 
(47
)
 
 
Compensation and benefits
Total reclassifications, before tax
 
(671
)
 
 
 
(628
)
 
 
 
Income tax effect
 
271

 
 
 
254

 
 
Income tax expense
Total reclassifications, net of tax
 
$
(400
)
 
 
 
$
(374
)
 
 
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 8 for additional details.