XML 41 R30.htm IDEA: XBRL DOCUMENT
v3.20.2

Accumulated Other Comprehensive Income (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Equity [Abstract] |
Changes in other comprehensive income | The following table presents changes in other comprehensive income:
| Before-Tax Amount |  | Tax Effect |  | Net of Tax Amount
Three months ended September 30, 2020 | (in thousands)
Unrealized gain on securities | $ | 5,565 |  |  | $ | (1,232) |  |  | $ | 4,333 |
Reclassification adjustment for securities gains included in net income (1) | (2) |  |  | 1 |  |  | (1) |
Amortization of net unrealized losses on AFS securities transferred to HTM (2) | 1,192 |  |  | (264) |  |  | 928 |
Amortization of net unrecognized pension and postretirement items (3) | 329 |  |  | (73) |  |  | 255 |
Total Other Comprehensive Income | $ | 7,083 |  |  | $ | (1,568) |  |  | $ | 5,515 |
Three months ended September 30, 2019 |  |  |  |  |
Unrealized gain on securities (4) | $ | 23,150 |  |  | $ | (5,121) |  |  | $ | 18,029 |
Reclassification adjustment for securities gains included in net income (1) | (4,492) |  |  | 994 |  |  | (3,498) |
Amortization of net unrealized losses on AFS securities transferred to HTM (2) | 4,405 |  |  | (974) |  |  | 3,430 |
Amortization of net unrecognized pension and postretirement items (3) | 357 |  |  | (80) |  |  | 277 |
Total Other Comprehensive Income | $ | 23,419 |  |  | $ | (5,181) |  |  | $ | 18,238 |
Nine months ended September 30, 2020 |  |  |  |  |
Unrealized gain on securities | $ | 72,146 |  |  | $ | (15,960) |  |  | $ | 56,186 |
Reclassification adjustment for securities gains included in net income (1) | (3,053) |  |  | 676 |  |  | (2,377) |
Amortization of net unrealized losses on AFS securities transferred to HTM (2) | 3,232 |  |  | (715) |  |  | 2,517 |
Amortization of net unrecognized pension and postretirement items (3) | 984 |  |  | (219) |  |  | 765 |
Total Other Comprehensive Income | $ | 73,309 |  |  | $ | (16,218) |  |  | $ | 57,091 |
Nine months ended September 30, 2019 |  |  |  |  |
Unrealized gain on securities (4) | $ | 81,207 |  |  | $ | (17,963) |  |  | $ | 63,244 |
Reclassification adjustment for securities gains included in net income (1) | (4,733) |  |  | 1,047 |  |  | (3,686) |
Amortization of net unrealized losses on AFS securities transferred to HTM (2) | 6,966 |  |  | (1,541) |  |  | 5,425 |
Non-credit related unrealized losses on other-than-temporarily impaired debt securities | (875) |  |  | 193 |  |  | (682) |
Amortization of net unrecognized pension and postretirement items (3) | 1,083 |  |  | (240) |  |  | 843 |
Total Other Comprehensive Income | $ | 83,648 |  |  | $ | (18,504) |  |  | $ | 65,144 |
(1) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included in "Investment securities gains, net" on the Consolidated Statements of Income. See Note 3, "Investment Securities," for additional details. (2) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included as a reduction to "Interest Income" on the Consolidated Statements of Income. (3) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included in "Salaries and employee benefits" on the Consolidated Statements of Income. See Note 12, "Employee Benefit Plans," for additional details. (4) Before-Tax amount includes a $3.7 million reclassification of unrealized loss related to the early adoption of ASU 2019-04.
Changes in each component of accumulated other comprehensive income | The following table presents changes in each component of accumulated other comprehensive income (loss), net of tax:
| Unrealized Gains (Losses) on Investment Securities |  | Unrealized Non-Credit Gains (Losses) on Other-Than-Temporarily Impaired Debt Securities |  |  |  | Unrecognized Pension and Postretirement Plan Income (Costs) |  | Total
| (in thousands)
Three months ended September 30, 2020 |  |  |  |  |  |  |  |  |
Balance at June 30, 2020 | $ | 65,930 |  |  | $ | — |  |  |  |  | $ | (14,491) |  |  | $ | 51,439 |
Other comprehensive income before reclassifications | 4,333 |  |  | — |  |  |  |  | — |  |  | 4,333 |
Amounts reclassified from accumulated other comprehensive income | (1) |  |  | — |  |  |  |  | 255 |  |  | 254 |
Amortization of net unrealized losses on AFS securities transferred to HTM | 928 |  |  | — |  |  |  |  | — |  |  | 928 |
Balance at September 30, 2020 | $ | 71,190 |  |  | $ | — |  |  |  |  | $ | (14,236) |  |  | $ | 56,954 |
Three months ended September 30, 2019 |  |  |  |  |  |  |  |  |
Balance at June 30, 2019 | $ | 2,368 |  |  | $ | (2) |  |  |  |  | $ | (14,523) |  |  | $ | (12,157) |
Other comprehensive income before reclassifications | 18,029 |  |  | — |  |  |  |  | — |  |  | 18,029 |
Amounts reclassified from accumulated other comprehensive income (loss) | (3,498) |  |  | — |  |  |  |  | 277 |  |  | (3,221) |
Amortization of net unrealized losses on AFS securities transferred to HTM | 3,430 |  |  | — |  |  |  |  | — |  |  | 3,430 |
Balance at September 30, 2019 | $ | 20,329 |  |  | $ | (2) |  |  |  |  | $ | (14,246) |  |  | $ | 6,081 |
Nine months ended September 30, 2020 |  |  |  |  |  |  |  |  |
Balance at December 31, 2019 | $ | 14,864 |  |  | $ | — |  |  |  |  | $ | (15,001) |  |  | $ | (137) |
Other comprehensive income before reclassifications | 56,186 |  |  | — |  |  |  |  | — |  |  | 56,186 |
Amounts reclassified from accumulated other comprehensive income (loss) | (2,377) |  |  | — |  |  |  |  | 765 |  |  | (1,612) |
Amortization of net unrealized losses on AFS securities transferred to HTM | 2,517 |  |  | — |  |  |  |  | — |  |  | 2,517 |
Balance at September 30, 2020 | $ | 71,190 |  |  | $ | — |  |  |  |  | $ | (14,236) |  |  | $ | 56,954 |
Nine months ended September 30, 2019 |  |  |  |  |  |  |  |  |
Balance at December 31, 2018 | $ | (44,654) |  |  | $ | 680 |  |  |  |  | $ | (15,089) |  |  | $ | (59,063) |
Other comprehensive income before reclassifications | 63,244 |  |  | (682) |  |  |  |  | — |  |  | 62,562 |
Amounts reclassified from accumulated other comprehensive income (loss) | (3,686) |  |  | — |  |  |  |  | 843 |  |  | (2,843) |
Amortization of net unrealized losses on AFS securities transferred to HTM | 5,425 |  |  | — |  |  |  |  | — |  |  | 5,425 |
Balance at September 30, 2019 | $ | 20,329 |  |  | $ | (2) |  |  |  |  | $ | (14,246) |  |  | $ | 6,081 |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration