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Accumulated Other Comprehensive Income
9 Months Ended
Sep. 30, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income
The following table presents changes in other comprehensive income: 
 
Before-Tax Amount
 
Tax Effect
 
Net of Tax Amount
 
(in thousands)
Three months ended September 30, 2015
 
 
 
 
 
Unrealized gain on securities
$
12,088

 
$
(4,231
)
 
$
7,857

Reclassification adjustment for securities gains included in net income (1)
(1,730
)
 
606

 
(1,124
)
Reclassification adjustment for loss on derivative financial instruments included in net income (2)
3,778

 
(1,322
)
 
2,456

Amortization of unrealized loss on derivative financial instruments
5

 
(2
)
 
3

Amortization of net unrecognized pension and postretirement items (3)
717

 
(251
)
 
466

Total Other Comprehensive Income
$
14,858

 
$
(5,200
)
 
$
9,658

Three months ended September 30, 2014
 
 
 
 
 
Unrealized loss on securities
$
(4,629
)
 
$
1,618

 
$
(3,011
)
Reclassification adjustment for securities gains included in net income (1)
(81
)
 
29

 
(52
)
Non-credit related unrealized gains on other-than-temporarily impaired debt securities
212

 
(74
)
 
138

Amortization of unrealized loss on derivative financial instruments
52

 
(18
)
 
34

Amortization of net unrecognized pension and postretirement items (3)
160

 
(56
)
 
104

Total Other Comprehensive Loss
$
(4,286
)
 
$
1,499

 
$
(2,787
)
 
 
 
 
 
 
Nine months ended September 30, 2015
 
 
 
 
 
Unrealized gain on securities
$
8,987

 
$
(3,146
)
 
$
5,841

Reclassification adjustment for securities gains included in net income (1)
(8,290
)
 
2,902

 
(5,388
)
Reclassification adjustment for loss on derivative financial instruments included in net income (2)
3,778

 
(1,322
)
 
2,456

Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities
192

 
(67
)
 
125

Amortization of unrealized loss on derivative financial instruments
110

 
(39
)
 
71

Amortization of net unrecognized pension and postretirement items (3)
2,151

 
(753
)
 
1,398

Total Other Comprehensive Income
$
6,928

 
$
(2,425
)
 
$
4,503

Nine months ended September 30, 2014
 
 
 
 
 
Unrealized gain on securities
$
36,790

 
$
(12,878
)
 
$
23,912

Reclassification adjustment for securities gains included in net income (1)
(1,193
)
 
418

 
(775
)
Reclassification adjustment for postretirement gains included in net income (3)
(1,452
)
 
508

 
(944
)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities
1,000

 
(350
)
 
650

Amortization of unrealized loss on derivative financial instruments
157

 
(55
)
 
102

Unrecognized pension and postretirement income
3,291

 
(1,147
)
 
2,144

Amortization of net unrecognized pension and postretirement items (3)
469

 
(165
)
 
304

Total Other Comprehensive Income
$
39,062

 
$
(13,669
)
 
$
25,393



(1)
Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Investment securities gains, net" on the consolidated statements of income. See Note 4, "Investment Securities," for additional details.
(2)
Amount reclassified out of accumulated other comprehensive income. Before-tax amount included within "Loss on Redemption of Trust Preferred Securities" on the consolidated statements of income. See Note 15, "Long-Term Debt," for additional details.
(3)
Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Salaries and employee benefits" on the consolidated statements of income. See Note 8, "Employee Benefit Plans," for additional details.




The following table presents changes in each component of accumulated other comprehensive income, net of tax: 
 
Unrealized Gains (Losses) on Investment Securities Not Other-Than-Temporarily Impaired
 
Unrealized Non-Credit Gains (Losses) on Other-Than-Temporarily Impaired Debt Securities
 
Unrealized Effective Portions of Losses on Forward-Starting Interest Rate Swaps
 
Unrecognized Pension and Postretirement Plan Income (Costs)
 
Total
 
(in thousands)
Three months ended September 30, 2015
 
 
 
 
 
 
 
 
 
Balance at June 30, 2015
$
830

 
$
344

 
$
(2,478
)
 
$
(21,573
)
 
$
(22,877
)
Other comprehensive loss before reclassifications
7,857

 

 

 

 
7,857

Amounts reclassified from accumulated other comprehensive income (loss)
(1,124
)
 

 
3

 
466

 
(655
)
Reclassification adjustment for loss on derivative financial instruments included in net income



 
2,456



 
2,456

Balance at September 30, 2015
$
7,563

 
$
344

 
$
(19
)
 
$
(21,107
)
 
$
(13,219
)
Three months ended September 30, 2014

 

 
 
 

 

Balance at June 30, 2014
$
(580
)
 
$
1,434

 
$
(2,614
)
 
$
(7,401
)
 
$
(9,161
)
Other comprehensive income before reclassifications
(3,011
)


138

 

 

 
(2,873
)
Amounts reclassified from accumulated other comprehensive income (loss)
(63
)
 
11

 
34

 
104

 
86

Balance at September 30, 2014
$
(3,654
)
 
$
1,583

 
$
(2,580
)
 
$
(7,297
)
 
$
(11,948
)
 
 
 
 
 
 
 
 
 
 
Nine months ended September 30, 2015
 
 
 
 
 
 
 
 
 
Balance at December 31, 2014
$
5,980

 
$
1,349

 
$
(2,546
)
 
$
(22,505
)
 
$
(17,722
)
Other comprehensive income before reclassifications
5,841

 
125

 

 

 
5,966

Amounts reclassified from accumulated other comprehensive income (loss)
(4,258
)
 
(1,130
)
 
71

 
1,398

 
(3,919
)
Reclassification adjustment for loss on derivative financial instruments included in net income

 

 
2,456

 

 
2,456

Balance at September 30, 2015
$
7,563

 
$
344

 
$
(19
)
 
$
(21,107
)
 
$
(13,219
)
Nine months ended September 30, 2014
 
 
 
 
 
 
 
 
 
Balance at December 31, 2013
$
(27,510
)
 
$
1,652

 
$
(2,682
)
 
$
(8,801
)
 
$
(37,341
)
Other comprehensive income before reclassifications
23,912

 
650

 

 
2,144

 
26,706

Amounts reclassified from accumulated other comprehensive income (loss)
(56
)
 
(719
)
 
102

 
(640
)
 
(1,313
)
Balance at September 30, 2014
$
(3,654
)
 
$
1,583

 
$
(2,580
)
 
$
(7,297
)
 
$
(11,948
)