XML 29 R16.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Accumulated Other Comprehensive Loss | 3 Months Ended
--- | ---
Mar. 31, 2016
Accumulated Other Comprehensive Loss [Abstract] |
Accumulated Other Comprehensive Loss | (8.) ACCUMULATED OTHER COMPREHENSIVE LOSS The following table presents the components of other comprehensive income for the three month periods ended March 31, 2016 and 2015 (in thousands):
|  | Pre-tax |  |  |  |  |  | Net-of-tax |
|  | Amount |  |  | Tax Effect |  |  | Amount |
March 31, 2016 |  |  |  |  |  |  |  |  |
Securities available for sale and transferred securities: |  |  |  |  |  |  |  |  |
Change in unrealized gain/loss during the period | $ | 12,196 |  | $ | 4,706 |  | $ | 7,490 |
Reclassification adjustment for net gains included in net income (1) |  | (662 | ) |  | (255 | ) |  | (407 | )
Total securities available for sale and transferred securities |  | 11,534 |  |  | 4,451 |  |  | 7,083 |
Amortization of pension and post-retirement items: |  |  |  |  |  |  |  |  |
Prior service credit |  | (12 | ) |  | (5 | ) |  | (7 | )
Net actuarial losses |  | 239 |  |  | 93 |  |  | 146 |
Total pension and post-retirement obligations |  | 227 |  |  | 88 |  |  | 139 |
Other comprehensive income | $ | 11,761 |  | $ | 4,539 |  | $ | 7,222 |
March 31, 2015 |  |  |  |  |  |  |  |  |
Securities available for sale and transferred securities: |  |  |  |  |  |  |  |  |
Change in unrealized gain/loss during the period | $ | 6,396 |  | $ | 2,436 |  | $ | 3,960 |
Reclassification adjustment for net gains included in net income (1) |  | (1,139 | ) |  | (440 | ) |  | (699 | )
Total securities available for sale and transferred securities |  | 5,257 |  |  | 1,996 |  |  | 3,261 |
Amortization of pension and post-retirement items: |  |  |  |  |  |  |  |  |
Prior service credit |  | (12 | ) |  | (5 | ) |  | (7 | )
Net actuarial losses |  | 236 |  |  | 94 |  |  | 142 |
Total pension and post-retirement obligations |  | 224 |  |  | 89 |  |  | 135 |
Other comprehensive income | $ | 5,481 |  | $ | 2,085 |  | $ | 3,396 |
(1) Includes amounts related to the amortization/accretion of unrealized net gains and losses related to the Company's reclassification of available for sale investment securities to the held to maturity category. The unrealized net gains/losses will be amortized/accreted over the remaining life of the investment securities as an adjustment of yield. Activity in accumulated other comprehensive loss, net of tax, for the three month periods ended March 31, 2016 and 2015 was as follows (in thousands):
|  | Securities |  |  |  |  |  |  |
|  | Available for |  |  | Pension and |  |  | Accumulated |
|  | Sale and |  |  | Post- |  |  | Other |
|  | Transferred |  |  | retirement |  |  | Comprehensive |
|  | Securities |  |  | Obligations |  |  | Loss |
March 31, 2016 |  |  |  |  |  |  |  |  |
Balance at beginning of year | $ | (696 | ) | $ | (10,631 | ) | $ | (11,327 | )
Other comprehensive income before reclassifications |  | 7,490 |  |  | - |  |  | 7,490 |
Amounts reclassified from accumulated other comprehensive loss |  | (407 | ) |  | 139 |  |  | (268 | )
Net current period other comprehensive income |  | 7,083 |  |  | 139 |  |  | 7,222 |
Balance at end of period | $ | 6,387 |  | $ | (10,492 | ) | $ | (4,105 | )
March 31, 2015 |  |  |  |  |  |  |  |  |
Balance at beginning of year | $ | 1,625 |  | $ | (10,636 | ) | $ | (9,011 | )
Other comprehensive income before reclassifications |  | 3,960 |  |  | - |  |  | 3,960 |
Amounts reclassified from accumulated other comprehensive loss |  | (699 | ) |  | 135 |  |  | (564 | )
Net current period other comprehensive income |  | 3,261 |  |  | 135 |  |  | 3,396 |
Balance at end of period | $ | 4,886 |  | $ | (10,501 | ) | $ | (5,615 | )
The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the three month periods ended March 31, 2016 and 2015 (in thousands):
|  | Amount Reclassified from |  |
Details About Accumulated Other |  | Accumulated Other |  | Affected Line Item in the
Comprehensive Loss Components |  | Comprehensive Loss |  | Consolidated Statement of Income
|  | Three months ended |  |
|  | March 31, |  |
|  | 2016 |  |  | 2015 |  |
Realized gain on sale of investment securities | $ | 613 |  | $ | 1,062 |  | Net gain on disposal of investment securities
Amortization of unrealized holding gains (losses) |  |  |  |  |  |  |
on investment securities transferred from |  |  |  |  |  |  |
available for sale to held to maturity |  | 49 |  |  | 77 |  | Interest income
|  | 662 |  |  | 1,139 |  | Total before tax
|  | (255 | ) |  | (440 | ) | Income tax expense
|  | 407 |  |  | 699 |  | Net of tax
Amortization of pension and post-retirement items: |  |  |  |  |  |  |
Prior service credit (1) |  | 12 |  |  | 12 |  | Salaries and employee benefits
Net actuarial losses (1) |  | (239 | ) |  | (236 | ) | Salaries and employee benefits
|  | (227 | ) |  | (224 | ) | Total before tax
|  | 88 |  |  | 89 |  | Income tax benefit
|  | (139 | ) |  | (135 | ) | Net of tax
Total reclassified for the period | $ | 268 |  | $ | 564 |  |
(1) These items are included in the computation of net periodic pension expense. See Note 10 – Employee Benefit Plans for additional information.

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

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e640-108580 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e716-108580 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e709-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration