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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Before Tax Amount        
Income (loss) before tax amount $ 26,173 $ 23,197 $ 92,340 $ 25,250
Net unrealized gains (losses) on available-for-sale investment securities, before tax amount        
Net unrealized holding (losses) gains arising during the period (1,378) 726 1,604 2,930
Provision (reversal of provision) for credit losses (330) 163 54 (392)
Less: reclassification adjustment for net gains on sales realized in net income [1] (21) (57) (140) (817)
Other comprehensive income (loss), securities, available-for-sale, adjustment, before tax (1,069) 506 1,410 2,505
Net unrealized gains (losses) on interest rate swaps used in cash flow hedges, before tax amount        
Net unrealized holding (losses) gains arising during the period (7) 5 (5) (554)
Less: reclassification adjustment for net losses realized in net income (2) [2] 77 78 229 176
Total net unrealized gains on interest rate swaps used in cash flow hedges 70 83 224 (378)
Defined benefit pension plans, Before Tax Amount        
Amortization of net actuarial loss included in net periodic pension costs [3] 329 307 987 901
Total defined benefit pension plans 329 307 987 901
Other comprehensive income (loss), before tax amount (670) 896 2,621 3,028
Total comprehensive income (loss), before tax amount 25,503 24,093 94,961 28,278
Tax Expense (Benefit)        
Income tax expense 5,262 5,078 17,951 4,208
Net unrealized gains (losses) on available-for-sale investment securities, tax expense (benefit)        
Other comprehensive income (loss), securities, available-for-sale, unrealized holding gain (loss) arising during period, tax (292) 153 336 615
Provision (reversal of provision) for credit losses (70) 35 11 (82)
Less: reclassification adjustment for net gains on sales realized in net income [1] (4) (12) (29) (172)
Total net unrealized (losses) gains on available-for-sale investment securities (226) 106 296 525
Net unrealized gains (losses) on interest rate swaps used in cash flow hedges, tax expense (benefit)        
Net unrealized holding (losses) gains arising during the period (1) 2 (1) (116)
Less: reclassification adjustment for net losses realized in net income (2) [2] 16 16 48 37
Total net unrealized gains on interest rate swaps used in cash flow hedges 15 18 47 (79)
Defined benefit pension plans, tax expense (benefit)        
Amortization of net actuarial loss included in net periodic pension costs [3] 69 65 207 189
Other comprehensive (income) loss, defined benefit plan, after reclassification adjustment, tax 69 65 207 189
Other comprehensive income (loss), tax expense (benefit) (142) 189 550 635
Total comprehensive income (loss), tax expense (benefit) 5,120 5,267 18,501 4,843
Net of Tax Amount        
Net income 20,911 18,119 74,389 21,042
Net unrealized gains (losses) on available-for-sale investment securities, net of tax amount        
Net unrealized holding (losses) gains arising during the period (1,086) 573 1,268 2,315
Provision (reversal of provision) for credit losses (260) 128 43 (310)
Less: reclassification adjustment for net gains on sales realized in net income [1] (17) (45) (111) (645)
Other comprehensive income (loss), securities, available-for-sale, adjustment, after tax (843) 400 1,114 1,980
Net unrealized gains (losses) on interest rate swaps used in cash flow hedges, net of tax amount        
Net unrealized holding (losses) gains arising during the period (6) 3 (4) (438)
Less: reclassification adjustment for net losses realized in net income (2) [2] 61 62 181 139
Total net unrealized gains on interest rate swaps used in cash flow hedges 55 65 177 (299)
Defined benefit pension plans, net of tax amount        
Amortization of net actuarial loss included in net periodic pension costs [3] 260 242 780 712
Other comprehensive (income) loss, defined benefit plan, after reclassification adjustment, after tax 260 242 780 712
Other comprehensive income (loss), net of tax amount (528) 707 2,071 2,393
Total comprehensive income (loss), net of tax amount $ 20,383 $ 18,826 $ 76,460 $ 23,435
[1] (1) Included in net gain on sales of investment securities on the consolidated statements of income (before tax amount).
[2] (2) Included in interest expense on demand deposits on the consolidated statements of income (before tax amount).
[3]
(3) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (before tax amount). See Note 8, "Retirement Plans and Other Postretirement Benefits" for additional details.
Note: See accompanying notes to the unaudited condensed consolidated financial statements.