Other Comprehensive Income/Loss (Tables)

6 Months Ended

Jun. 30, 2014

Other Comprehensive Income/Loss

Components of and Changes in Accumulated Other Comprehensive Loss net of tax

(In Thousands)	At March 31, 2014			Other Comprehensive Income			At June 30, 2014
Net unrealized (loss) gain on securities available-for-sale	$	(1,373	)	$	4,699		$	3,326
Net actuarial loss on pension plans and other postretirement benefits	(30,465		)	161			(30,304		)
Prior service cost on pension plans and other postretirement benefits	(3,254		)	31			(3,223		)
Accumulated other comprehensive loss	$	(35,092	)	$	4,891		$	(30,201	)
(In Thousands)	At December 31, 2013			Other Comprehensive Income			At June 30, 2014
Net unrealized (loss) gain on securities available-for-sale	$	(4,366	)	$	7,692		$	3,326
Net actuarial loss on pension plans and other postretirement benefits	(30,600		)	296			(30,304		)
Prior service cost on pension plans and other postretirement benefits	(3,284		)	61			(3,223		)
Accumulated other comprehensive loss	$	(38,250	)	$	8,049		$	(30,201	)
(In Thousands)	At March 31, 2013			Other Comprehensive (Loss) Income			At June 30, 2013
Net unrealized gain (loss) on securities available-for-sale	$	7,581		$	(8,065	)	$	(484	)
Net actuarial loss on pension plans and other postretirement benefits	(76,488		)	542			(75,946		)
Prior service cost on pension plans and other postretirement benefits	(3,392		)	35			(3,357		)
Accumulated other comprehensive loss	$	(72,299	)	$	(7,488	)	$	(79,787	)

(In Thousands)	At December 31, 2012			Other Comprehensive (Loss) Income			At June 30, 2013
Net unrealized gain (loss) on securities available-for-sale	$	7,451		$	(7,935	)	$	(484	)
Net actuarial loss on pension plans and other postretirement benefits	(77,115		)	1,169			(75,946		)
Prior service cost on pension plans and other postretirement benefits	(3,426		)	69			(3,357		)
Accumulated other comprehensive loss	$	(73,090	)	$	(6,697	)	$	(79,787	)

Schedule of components of other comprehensive income/loss

	For the Three Months Ended June 30, 2014
(In Thousands)		Before Tax Amount		Tax Expense			After Tax Amount
Net unrealized holding gain on securities available-for-sale arising during the period		$	7,263	$	(2,564	)	$	4,699
Reclassification adjustment for net actuarial loss included in net income		249		(88		)	161
Reclassification adjustment for prior service cost included in net income		48		(17		)	31
Other comprehensive income		$	7,560	$	(2,669	)	$	4,891

	For the Six Months Ended June 30, 2014
(In Thousands)	Before Tax Amount		Tax Expense			After Tax Amount
Net unrealized holding gain on securities available-for-sale arising during the period	$	11,891	$	(4,199	)	$	7,692
Reclassification adjustment for net actuarial loss included in net income	457		(161		)	296
Reclassification adjustment for prior service cost included in net income	95		(34		)	61
Other comprehensive income	$	12,443	$	(4,394	)	$	8,049

	For the Three Months Ended June 30, 2013
(In Thousands)	Before Tax Amount			Tax Benefit (Expense)			After Tax Amount
Net unrealized loss on securities available-for-sale:
Net unrealized holding loss on securities arising during the period	$	(10,396	)	$	3,663		$	(6,733	)
Reclassification adjustment for gain on sales of securities included in net income	(2,057		)	725			(1,332		)
Net unrealized loss on securities available-for-sale	(12,453		)	4,388			(8,065		)
Reclassification adjustment for net actuarial loss included in net income	838			(296		)	542
Reclassification adjustment for prior service cost included in net income	53			(18		)	35
Other comprehensive loss	$	(11,562	)	$	4,074		$	(7,488	)

	For the Six Months Ended June 30, 2013
(In Thousands)		Before Tax Amount			Tax Benefit (Expense)			After Tax Amount
Net unrealized loss on securities available-for-sale:
Net unrealized holding loss on securities arising during the period		$	(10,196	)	$	3,593		$	(6,603	)
Reclassification adjustment for gain on sales of securities included in net income		(2,057		)	725			(1,332		)
Net unrealized loss on securities available-for-sale		(12,253		)	4,318			(7,935		)
Reclassification adjustment for net actuarial loss included in net income		1,805			(636		)	1,169
Reclassification adjustment for prior service cost included in net income		106			(37		)	69
Other comprehensive loss		$	(10,342	)	$	3,645		$	(6,697	)

Information about amounts reclassified from accumulated other comprehensive loss to the consolidated statements of income

(In Thousands)	For the Three Months Ended June 30, 2014			For the Three Months Ended June 30, 2013			Income Statement Line Item
Reclassification adjustment for gain on sales of securities	$	—		$	2,057		Gain on sales of securities
Reclassification adjustment for net actuarial loss (1)	(249		)	(838		)	Compensation and benefits
Reclassification adjustment for prior service cost (1)	(48		)	(53		)	Compensation and benefits
Total reclassifications, before tax	(297		)	1,166
Income tax effect	105			(411		)	Income tax expense
Total reclassifications, net of tax	$	(192	)	$	755		Net income

(In Thousands)	For the Six Months Ended June 30, 2014			For the Six Months Ended June 30, 2013			Income Statement Line Item
Reclassification adjustment for gain on sales of securities	$	—		$	2,057		Gain on sales of securities
Reclassification adjustment for net actuarial loss (1)	(457		)	(1,805		)	Compensation and benefits
Reclassification adjustment for prior service cost (1)	(95		)	(106		)	Compensation and benefits
Total reclassifications, before tax	(552		)	146
Income tax effect	195			(52		)	Income tax expense
Total reclassifications, net of tax	$	(357	)	$	94		Net income

(1) These other comprehensive income/loss 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.