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Other Comprehensive Income/Loss (Tables)
12 Months Ended
Dec. 31, 2012
Other Comprehensive Income/Loss  
Components of and Changes in Accumulated Other Comprehensive Loss

 

 

(In Thousands)

 

At
December 31, 2011

 

Other
Comprehensive
(Loss) Income

 

At
December 31, 2012

 

Net unrealized gain on securities available-for-sale

 

$  14,261

 

 

$  (6,810

)

 

$     7,451

 

 

Net actuarial loss on pension plans and other postretirement benefits

 

(89,785

)

 

12,670

 

 

(77,115

)

 

Prior service cost on pension plans and other postretirement benefits

 

14

 

 

(3,440

)

 

(3,426

)

 

Loss on cash flow hedge

 

(151

)

 

151

 

 

-

 

 

Accumulated other comprehensive loss

 

$ (75,661

)

 

$   2,571

 

 

$  (73,090

)

 

Components of Other Comprehensive Income/Loss

 

(In Thousands)

 

Before Tax
Amount

 

Tax
Benefit
(Expense)

 

After Tax
Amount

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2012

 

 

 

 

 

 

 

 

 

 

Net unrealized loss on securities available-for-sale:

 

 

 

 

 

 

 

 

 

 

Net unrealized holding loss on securities arising during the year

 

 

$

(2,040

)

 

$

720

 

 

$

(1,320

)

Reclassification adjustment for gains included in net income

 

 

(8,477

)

 

2,987

 

 

(5,490

)

Net unrealized loss on securities available-for-sale

 

 

(10,517

)

 

3,707

 

 

(6,810

)

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

Net actuarial loss adjustment arising during the year

 

 

14,141

 

 

(4,998

)

 

9,143

 

Reclassification adjustment for net actuarial loss included in net income

 

 

5,447

 

 

(1,920

)

 

3,527

 

Net actuarial loss adjustment on pension plans and other postretirement benefits

 

 

19,588

 

 

(6,918

)

 

12,670

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost adjustment on pension plans and other postretirement benefits:

 

 

 

 

 

 

 

 

 

 

Prior service cost adjustment arising during the year

 

 

(5,463

)

 

1,925

 

 

(3,538

)

Reclassification adjustment for prior service cost included in net income

 

 

152

 

 

(54

)

 

98

 

Prior service cost adjustment on pension plans and other postretirement benefits

 

 

(5,311

)

 

1,871

 

 

(3,440

)

 

 

 

 

 

 

 

 

 

 

 

Reclassification adjustment for loss on cash flow hedge included in net income

 

 

261

 

 

(110

)

 

151

 

Other comprehensive income

 

 

$

4,021

 

 

$

(1,450

)

 

$

2,571

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2011

 

 

 

 

 

 

 

 

 

 

Net unrealized holding loss on securities available-for-sale arising during the year

 

 

$

(5,181

)

 

$

1,827

 

 

$

(3,354

)

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

Net actuarial loss adjustment arising during the year

 

 

(55,530

)

 

19,570

 

 

(35,960

)

Reclassification adjustment for net actuarial loss included in net income

 

 

8,592

 

 

(3,028

)

 

5,564

 

Net actuarial loss adjustment on pension plans and other postretirement benefits

 

 

(46,938

)

 

16,542

 

 

(30,396

)

 

 

 

 

 

 

 

 

 

 

 

Reclassification adjustment for prior service cost included in net income

 

 

92

 

 

(32

)

 

60

 

 

 

 

 

 

 

 

 

 

 

 

Reclassification adjustment for loss on cash flow hedge included in net income

 

 

330

 

 

(140

)

 

190

 

Other comprehensive loss

 

 

$

(51,697

)

 

$

18,197

 

 

$

(33,500

)

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2010

 

 

 

 

 

 

 

 

 

 

Net unrealized holding loss on securities available-for-sale arising during the year

 

 

$

(922

)

 

$

325

 

 

$

(597

)

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

Net actuarial loss adjustment arising during the year

 

 

(25,090

)

 

8,843

 

 

(16,247

)

Reclassification adjustment for net actuarial loss included in net income

 

 

6,450

 

 

(2,273

)

 

4,177

 

Net actuarial loss adjustment on pension plans and other postretirement benefits

 

 

(18,640

)

 

6,570

 

 

(12,070

)

 

 

 

 

 

 

 

 

 

 

 

Reclassification adjustment for prior service cost included in net income

 

 

146

 

 

(51

)

 

95

 

 

 

 

 

 

 

 

 

 

 

 

Reclassification adjustment for loss on cash flow hedge included in net income

 

 

329

 

 

(139

)

 

190

 

Other comprehensive loss

 

 

$

(19,087

)

 

$

6,705

 

 

$

(12,382

)