XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Comprehensive Income (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] |
Schedule of Components of Comprehensive Income-Gross and Net of Tax |
First Quarter 2016 |  |  |  |  |  |
($ in thousands) |  | Gross |  | Tax |  | Net
Net income |  | $ | 51,875 |  |  | 14,843 |  |  | 37,032 |
Components of OCI: |  |  |  |  |  |  |  |  |
Unrealized gains on investment securities: |  |  |  |  |  |  |  |  |
Unrealized holding gains during period |  | 65,737 |  |  | 23,008 |  |  | 42,729 |
Amounts reclassified into net income: |  |  |  |  |  |
HTM securities |  | (72 | ) |  | (25 | ) |  | (47 | )
Realized losses on AFS securities |  | 2,699 |  |  | 945 |  |  | 1,754 |
Total unrealized gains on investment securities |  | 68,364 |  |  | 23,928 |  |  | 44,436 |
Defined benefit pension and post-retirement plans: |  |  |  |  |  |  |  |  |
Amounts reclassified into net income: |  |  |  |  |  |  |  |  |
Net actuarial loss |  | 1,516 |  |  | 530 |  |  | 986 |
Total defined benefit pension and post-retirement plans |  | 1,516 |  |  | 530 |  |  | 986 |
Other comprehensive income |  | 69,880 |  |  | 24,458 |  |  | 45,422 |
Comprehensive income |  | $ | 121,755 |  |  | 39,301 |  |  | 82,454 |
First Quarter 2015 |  |  |  |  |  |
($ in thousands) |  | Gross |  | Tax |  | Net
Net income |  | $ | 56,290 |  |  | 16,582 |  |  | 39,708 |
Components of OCI: |  |  |  |  |  |  |  |  |
Unrealized gains on investment securities: |  |  |  |  |  |  |  |  |
Unrealized holding gains during period |  | 23,977 |  |  | 8,391 |  |  | 15,586 |
Amounts reclassified into net income: |  |  |  |  |  |
HTM securities |  | (261 | ) |  | (91 | ) |  | (170 | )
Non-credit OTTI |  | 357 |  |  | 125 |  |  | 232 |
Realized gains on AFS securities |  | (19,895 | ) |  | (6,963 | ) |  | (12,932 | )
Total unrealized gains on investment securities |  | 4,178 |  |  | 1,462 |  |  | 2,716 |
Defined benefit pension and post-retirement plans: |  |  |  |  |  |  |  |  |
Amounts reclassified into net income: |  |  |  |  |  |  |  |  |
Net actuarial loss |  | 1,709 |  |  | 598 |  |  | 1,111 |
Total defined benefit pension and post-retirement plans |  | 1,709 |  |  | 598 |  |  | 1,111 |
Other comprehensive income |  | 5,887 |  |  | 2,060 |  |  | 3,827 |
Comprehensive income |  | $ | 62,177 |  |  | 18,642 |  |  | 43,535 |
Schedule of Components of Accumulated Other Comprehensive Income |
March 31, 2016 |  |  |  |  |  |
|  | Net Unrealized Gain on Investment Securities |  | Defined Benefit Pension and Post-Retirement Plans |  | Total AOCI
($ in thousands) |  | OTTI Related |  | HTM Related |  | All Other |  | Investments Subtotal |  |
Balance, December 31, 2015 |  | $ | (282 | ) |  | 194 |  |  | 45,083 |  |  | 44,995 |  |  | (54,420 | ) |  | (9,425 | )
OCI before reclassifications |  | — |  |  | — |  |  | 42,729 |  |  | 42,729 |  |  | — |  |  | 42,729 |
Amounts reclassified from AOCI |  | — |  |  | (47 | ) |  | 1,754 |  |  | 1,707 |  |  | 986 |  |  | 2,693 |
Net current period OCI |  | — |  |  | (47 | ) |  | 44,483 |  |  | 44,436 |  |  | 986 |  |  | 45,422 |
Balance, March 31, 2016 |  | $ | (282 | ) |  | 147 |  |  | 89,566 |  |  | 89,431 |  |  | (53,434 | ) |  | 35,997 |
Schedule of Reclassifications Out Of Accumulated Other Comprehensive Income |
| Quarter ended March 31, | Affected Line Item in the Unaudited Consolidated Statement of Income
($ in thousands) | 2016 |  | 2015
OTTI related |  |  |  |
Non-credit OTTI on disposed securities | $ | — |  |  | 357 |  | Net realized (losses) gains
| — |  |  | 357 |  | Income before federal income tax
| — |  |  | (125 | ) | Total federal income tax expense
| — |  |  | 232 |  | Net income
HTM related |  |  |  |
Unrealized losses on HTM disposals | 28 |  |  | 50 |  | Net realized (losses) gains
Amortization of net unrealized gains on HTM securities | (100 | ) |  | (311 | ) | Net investment income earned
| (72 | ) |  | (261 | ) | Income before federal income tax
| 25 |  |  | 91 |  | Total federal income tax expense
| (47 | ) |  | (170 | ) | Net income
Realized losses (gains) on AFS and OTTI |  |  |  |
Realized losses (gains) on AFS disposals and OTTI | 2,699 |  |  | (19,895 | ) | Net realized (losses) gains
| 2,699 |  |  | (19,895 | ) | Income before federal income tax
| (945 | ) |  | 6,963 |  | Total federal income tax expense
| 1,754 |  |  | (12,932 | ) | Net income
Defined benefit pension and post-retirement life plans |  |  |  |
Net actuarial loss | 329 |  |  | 371 |  | Loss and loss expense incurred
| 1,187 |  |  | 1,338 |  | Policy acquisition costs
Total defined benefit pension and post-retirement life | 1,516 |  |  | 1,709 |  | Income before federal income tax
| (530 | ) |  | (598 | ) | Total federal income tax expense
| 986 |  |  | 1,111 |  | Net income
Total reclassifications for the period | $ | 2,693 |  |  | (11,759 | ) | Net income

X
- References No definition available. + Details
Name: | us-gaap_ComprehensiveIncomeNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration