XML 55 R43.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Accumulated Other Comprehensive Income (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2016
Disclosure Text Block Abstract |
Schedule of Accumulated Other Comprehensive Income (Loss) | Accumulated other comprehensive income, net of income tax, as of September 30, 2016 and December 31, 2015 consisted of:
| September 30, |  | December 31,
| 2016 |  | 2015
| (In thousands)
Unrealized gain on securities available-for-sale which are not other-than-temporarily impaired | $ | 18,689 |  | $ | 22,044
Unrealized gain on securities available-for-sale which are other-than-temporarily impaired |  | - |  |  | (3,196)
Income tax effect of unrealized gain on securities available-for-sale |  | (1,136) |  |  | (1,924)
Net unrealized gain on securities available-for-sale which are not other-than-temporarily impaired, net of tax |  | 17,553 |  |  | 16,924
Unrealized loss on cash flow hedges |  | (2,803) |  |  | (4,307)
Income tax effect of unrealized loss on cash flow hedges |  | 1,094 |  |  | 1,380
Net unrealized loss on cash flow hedges |  | (1,709) |  |  | (2,927)
Accumulated other comprehensive income, net of taxes | $ | 15,844 |  | $ | 13,997
The following table presents changes in accumulated other comprehensive income by component, net of taxes, for the quarters and nine-month periods ended September 30, 2016 and 2015:
| Quarter Ended September 30,
| 2016 |  |  | 2015 |
| Net unrealized |  | Net unrealized |  | Accumulated |  |  | Net unrealized |  | Net unrealized |  | Accumulated |
| gains on |  | loss on |  | other |  |  | gains on |  | loss on |  | other |
| securities |  | cash flow |  | comprehensive |  |  | securities |  | cash flow |  | comprehensive |
| available-for-sale |  | hedges |  | income |  |  | available-for-sale |  | hedges |  | income |
| (In thousands)
Beginning balance | $ | 18,085 |  | $ | (2,280) |  | $ | 15,805 |  |  | $ | 18,832 |  | $ | (4,531) |  | $ | 14,301 |
Other comprehensive income (loss) before reclassifications |  | (469) |  |  | (144) |  |  | (613) |  |  |  | 3,175 |  |  | (1,346) |  |  | 1,829 |
Other-than-temporary impairment amount reclassified from accumulated other comprehensive income |  | - |  |  | - |  |  | - |  |  |  | 584 |  |  | - |  |  | 584 |
Amounts reclassified out of accumulated other comprehensive (loss) income |  | (63) |  |  | 715 |  |  | 652 |  |  |  | (105) |  |  | 1,547 |  |  | 1,442 |
Other comprehensive income (loss) |  | (532) |  |  | 571 |  |  | 39 |  |  |  | 3,654 |  |  | 201 |  |  | 3,855 |
Ending balance | $ | 17,553 |  | $ | (1,709) |  | $ | 15,844 |  |  | $ | 22,486 |  | $ | (4,330) |  | $ | 18,156 |
| Nine-Month Period Ended September 30,
| 2016 |  |  | 2015 |
| Net unrealized |  | Net unrealized |  | Accumulated |  |  | Net unrealized |  | Net unrealized |  | Accumulated |
| gains on |  | loss on |  | other |  |  | gains on |  | loss on |  | other |
| securities |  | cash flow |  | comprehensive |  |  | securities |  | cash flow |  | comprehensive |
| available-for-sale |  | hedges |  | income |  |  | available-for-sale |  | hedges |  | income |
| (In thousands) |
Beginning balance | $ | 16,924 |  | $ | (2,927) |  | $ | 13,997 |  |  | $ | 25,765 |  | $ | (6,054) |  | $ | 19,711 |
Other comprehensive (loss) before reclassifications |  | (1,732) |  |  | (2,550) |  |  | (4,282) |  |  |  | (4,037) |  |  | (2,894) |  |  | (6,931) |
Other-than-temporary impairment amount reclassified from accumulated other comprehensive income |  | 2,557 |  |  | - |  |  | 2,557 |  |  |  | 584 |  |  | - |  |  | 584 |
Amounts reclassified out of accumulated other comprehensive income (loss) |  | (196) |  |  | 3,768 |  |  | 3,572 |  |  |  | 174 |  |  | 4,618 |  |  | 4,792 |
Other comprehensive income (loss) |  | 629 |  |  | 1,218 |  |  | 1,847 |  |  |  | (3,279) |  |  | 1,724 |  |  | (1,555) |
Ending balance | $ | 17,553 |  | $ | (1,709) |  | $ | 15,844 |  |  | $ | 22,486 |  | $ | (4,330) |  | $ | 18,156 |
Reclassification out of Accumulated Other Comprehensive Income [Table text block] | The following table presents reclassifications out of accumulated other comprehensive income for the quarters and nine-month periods ended September 30, 2016 and 2015:
| Amount reclassified out of accumulated |  |
| other comprehensive income |  | Affected Line Item in
| Quarter Ended September 30, |  | Consolidated Statement
|  | 2016 |  |  | 2015 |  |  | of Operations
| (In thousands) |  |  |
Cash flow hedges: |  |  |  |  |  |  |  |
Interest-rate contracts | $ | 664 |  | $ | 1,622 |  |  | Net interest expense
Tax effect from increase in capital gains tax rate |  | 51 |  |  | (75) |  |  | Income tax expense
Available-for-sale securities: |  |  |  |  |  |  |  |
Residual tax effect from OIB's change in applicable tax rate |  | 9 |  |  | 11 |  |  | Income tax expense
Other-than-temporary impairment losses on available for sale securities realized during the period |  | - |  |  | (246) |  |  | Net impairment losses recognized in earnings
Tax effect from increase in capital gains tax rate |  | (72) |  |  | 130 |  |  | Income tax expense
| $ | 652 |  | $ | 1,442 |  |  |
| Amount reclassified out of accumulated |  |
| other comprehensive income |  | Affected Line Item in
| Nine-Month Period Ended September 30, |  | Consolidated Statement
|  | 2016 |  |  | 2015 |  |  | of Operations
| (In thousands) |  |  |
Cash flow hedges: |  |  |  |  |  |  |  |
Interest-rate contracts | $ | 3,468 |  | $ | 4,842 |  |  | Net interest expense
Tax effect from increase in capital gains tax rate |  | 300 |  |  | (224) |  |  | Income tax expense
Available-for-sale securities: |  |  |  |  |  |  |  |
Residual tax effect from OIB's change in applicable tax rate |  | 24 |  |  | 33 |  |  | Income tax expense
Other-than-temporary impairment losses on available for sale securities |  | - |  |  | (246) |  |  | Net impairment losses recognized in earnings
Tax effect from increase in capital gains tax rate |  | (220) |  |  | 387 |  |  | Income tax expense
| $ | 3,572 |  | $ | 4,792 |  |  |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
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=36458714&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration