XML 52 R39.htm IDEA: XBRL DOCUMENT v3.8.0.1
Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2017
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Schedule of Components of Comprehensive Income-Gross and Net of Tax
2017
 
 
 
 
 
 
($ in thousands)
 
Gross
 
Tax
 
Net
Net income
 
$
261,968

 
93,142

 
168,826

Components of OCI:
 
 

 
 

 
 

Unrealized gains (losses) on investment securities:
 
 

 
 

 
 

Unrealized holding gains during the year
 
66,894

 
23,879

 
43,015

Non-credit portion of OTTI recognized in OCI
 
36

 
13

 
23

Amounts reclassified into net income:
 
 
 
 
 


HTM securities
 
(179
)
 
(63
)
 
(116
)
Non-credit OTTI
 
104

 
36

 
68

Realized gains on AFS securities
 
(6,979
)
 
(2,442
)
 
(4,537
)
Net unrealized gains
 
59,876

 
21,423

 
38,453

Defined benefit pension and post-retirement plans:
 
 

 
 

 
 

Net actuarial loss
 
(4,684
)
 
(984
)
 
(3,700
)
Amounts reclassified into net income:
 
 

 
 

 
 

Net actuarial loss
 
2,102

 
735

 
1,367

Defined benefit pension and post-retirement plans
 
(2,582
)
 
(249
)
 
(2,333
)
Other comprehensive income
 
57,294

 
21,174

 
36,120

Comprehensive income
 
$
319,262

 
114,316

 
204,946

 
2016
 
 
 
 
 
 
($ in thousands)
 
Gross
 
Tax
 
Net
Net income
 
$
219,955

 
61,460

 
158,495

Components of OCI:
 
 

 
 

 
 

Unrealized (losses) gains on investment securities:
 
 

 
 

 
 

Unrealized holding losses during the year
 
(9,195
)
 
(3,218
)
 
(5,977
)
Non-credit portion of OTTI recognized in OCI
 
(10
)
 
(4
)
 
(6
)
Amounts reclassified into net income:
 
 
 
 
 


HTM securities
 
(141
)
 
(49
)
 
(92
)
Non-credit OTTI
 
213

 
75

 
138

Realized losses on AFS securities
 
4,713

 
1,649

 
3,064

Net unrealized losses
 
(4,420
)
 
(1,547
)
 
(2,873
)
Defined benefit pension and post-retirement plans:
 
 

 
 

 
 

Net actuarial loss
 
(12,079
)
 
(4,227
)
 
(7,852
)
Amounts reclassified into net income:
 
 

 
 

 
 

Net actuarial loss
 
6,462

 
2,262

 
4,200

Defined benefit pension and post-retirement plans
 
(5,617
)
 
(1,965
)
 
(3,652
)
Other comprehensive loss
 
(10,037
)
 
(3,512
)

(6,525
)
Comprehensive income
 
$
209,918

 
57,948

 
151,970

2015
 
 
 
 
 
 
($ in thousands)
 
Gross
 
Tax
 
Net
Net income
 
$
232,692

 
66,831

 
165,861

Components of OCI:
 
 

 
 

 
 

Unrealized (losses) gains on investment securities:
 
 

 
 

 
 

Unrealized holding losses during the year
 
(40,221
)
 
(14,078
)
 
(26,143
)
Amounts reclassified into net income:
 
 
 
 
 


HTM securities
 
(580
)
 
(203
)
 
(377
)
Non-credit OTTI
 
357

 
125

 
232

Realized gains on AFS securities
 
(14,016
)
 
(4,906
)
 
(9,110
)
Net unrealized losses
 
(54,460
)
 
(19,062
)
 
(35,398
)
Defined benefit pension and post-retirement plans:
 
 

 
 

 
 

Net actuarial gain
 
2,438

 
853

 
1,585

Amounts reclassified into net income:
 
 

 
 

 
 

Net actuarial loss
 
7,077

 
2,477

 
4,600

Defined benefit pension and post-retirement plans
 
9,515

 
3,330

 
6,185

Other comprehensive loss
 
(44,945
)
 
(15,732
)
 
(29,213
)
Comprehensive income
 
$
187,747

 
51,099

 
136,648
Schedule of Components of Accumulated Other Comprehensive Income
 
 
Net Unrealized (Loss) Gain on Investment Securities
 
 
 
 
 
 
($ in thousands)
 
OTTI Related
 
HTM Related
 
All Other
 
Investments Subtotal
 
Defined Benefit Pension and Post- retirement Plans
 
Total AOCI
Balance, December 31, 2015
 
$
(282
)
 
194

 
45,083

 
44,995

 
(54,420
)
 
(9,425
)
OCI before reclassifications
 
(6
)
 
—

 
(5,977
)
 
(5,983
)
 
(7,852
)
 
(13,835
)
Amounts reclassified from AOCI
 
138

 
(92
)
 
3,064

 
3,110

 
4,200

 
7,310

Net current period OCI
 
132

 
(92
)
 
(2,913
)
 
(2,873
)
 
(3,652
)
 
(6,525
)
Balance, December 31, 2016
 
(150
)
 
102

 
42,170

 
42,122

 
(58,072
)

(15,950
)
OCI before reclassifications
 
23

 
—

 
43,015

 
43,038

 
(3,700
)
 
39,338

Amounts reclassified from AOCI
 
68

 
(116
)
 
(4,537
)
 
(4,585
)
 
1,367

 
(3,218
)
Net current period OCI
 
91

 
(116
)
 
38,478

 
38,453

 
(2,333
)
 
36,120

Balance, December 31, 2017
 
$
(59
)
 
(14
)
 
80,648

 
80,575

 
(60,405
)
 
20,170

 
Schedule of Reclassification out of Accumulated Other Comprehensive Income
($ in thousands)
 
Year ended December 31, 2017
 
Year ended December 31, 2016
 
Affected Line Item in the Consolidated Statements of Income
OTTI related
 
 
 
 
 
 
      Non-credit OTTI on disposed securities
 
$
104

 
213

 
Net realized gains (losses)
 
 
104

 
213

 
Income before federal income tax
 
 
(36
)
 
(75
)
 
Total federal income tax expense
 
 
68

 
138

 
Net income
HTM related
 
 
 
 
 
 
Unrealized losses on HTM disposals
 
32

 
169

 
Net realized gains (losses)
Amortization of net unrealized gains on HTM securities
 
(211
)
 
(310
)
 
Net investment income earned
 
 
(179
)
 
(141
)
 
Income before federal income tax
 
 
63

 
49

 
Total federal income tax expense
 
 
(116
)
 
(92
)
 
Net income
Realized (losses) gains on AFS
 
 
 
 
 
 
Realized (losses) gains on AFS disposals
 
(6,979
)
 
4,713

 
Net realized gains (losses)
 
 
(6,979
)
 
4,713

 
Income before federal income tax
 
 
2,442

 
(1,649
)
 
Total federal income tax expense
 
 
(4,537
)
 
3,064

 
Net income
Defined benefit pension and post-retirement life plans
 
 
 
 
 
 
Net actuarial loss
 
450

 
1,486

 
Loss and loss expense incurred
 
 
1,652

 
4,976

 
Other insurance expenses
Total defined benefit pension and post-retirement life
 
2,102

 
6,462

 
Income before federal income tax
 
 
(735
)
 
(2,262
)
 
Total federal income tax expense
 
 
1,367

 
4,200

 
Net income
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(3,218
)
 
7,310

 
Net income