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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Components of accumulated other comprehensive loss, net of related tax benefit/expense
The following table summarizes the changes within each component of accumulated other comprehensive income (loss), net of related tax benefit/expense for the three and nine months ended September 30, 2017, and 2016:
(Dollars in thousands)
 
Unrealized gains
(losses) on securities
available-for-sale,
net of tax
 
Defined Benefit Pension Plans
 
Unrealized gains (losses) on cash flow hedges, net of tax
 
Total
For the three months ended September 30, 2017
 
 
 
 
 
 
 
 
Beginning balance
 
$
(8,877
)
 
$
(25,195
)
 
$
(57
)
 
$
(34,129
)
Other comprehensive income before reclassifications
 
895

 
7,305

 
520

 
8,720

Amounts reclassified from accumulated other comprehensive income
 
(1
)
 
349

 
231

 
579

Net current period other comprehensive income
 
894

 
7,654

 
751

 
9,299

Ending balance
 
$
(7,983
)
 
$
(17,541
)
 
$
694

 
$
(24,830
)
For the three months ended September 30, 2016
 
 
 
 
 
 
 
 
Beginning balance
 
$
2,196

 
$
(27,894
)
 
$

 
$
(25,698
)
Other comprehensive loss before reclassifications
 
(805
)
 
(511
)
 

 
(1,316
)
Amounts reclassified from accumulated other comprehensive income
 
(10
)
 
1,882

 

 
1,872

Net current period other comprehensive income (loss)
 
(815
)
 
1,371

 

 
556

Ending balance
 
$
1,381

 
$
(26,523
)
 
$

 
$
(25,142
)
For the nine months ended September 30, 2017
 
 
 
 
 
 
 
 
Beginning balance
 
$
(14,142
)
 
$
(25,894
)
 
$

 
$
(40,036
)
Other comprehensive income before reclassifications
 
6,268

 
7,305

 
54

 
13,627

Amounts reclassified from accumulated other comprehensive income
 
(109
)
 
1,048

 
640

 
1,579

Net current period other comprehensive income
 
6,159

 
8,353

 
694

 
15,206

Ending balance
 
$
(7,983
)
 
$
(17,541
)
 
$
694

 
$
(24,830
)
For the nine months ended September 30, 2016
 
 
 
 
 
 
 
 
Beginning balance
 
$
(1,888
)
 
$
(27,144
)
 
$

 
$
(29,032
)
Other comprehensive income (loss) before reclassifications
 
3,304

 
(511
)
 

 
2,793

Amounts reclassified from accumulated other comprehensive income
 
(35
)
 
1,132

 

 
1,097

Net current period other comprehensive income
 
3,269

 
621

 

 
3,890

Ending balance
 
$
1,381

 
$
(26,523
)
 
$

 
$
(25,142
)
Summary of amounts reclassified out of accumulated other comprehensive income (loss)
The following table summarizes the amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2017, and 2016:
(Dollars in thousands)
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Affected Line Item in the Income Statement
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
 
 
2017
 
2016
 
2017
 
2016
 
 
Gains and losses on available-for-sale securities
 
$
1

 
$
16

 
$
168

 
$
53

 
Gain on sale of investment securities (noninterest income)
 
 

 
(6
)
 
(59
)
 
(18
)
 
Income tax (expense)/benefit
 
 
$
1

 
$
10

 
$
109

 
$
35

 
Net Income
Amortization of defined benefit pension plan items
 
$
(537
)
 
$
(2,895
)
 
$
(1,613
)
 
$
(1,742
)
 
Salaries, wages and employee benefits (operating expenses)
 
 
188

 
1,013

 
565

 
610

 
Income tax (expense)/benefit
 
 
$
(349
)
 
$
(1,882
)
 
(1,048
)
 
$
(1,132
)
 
Net Income (loss)
Gains and losses on cash flow hedges
 
$
(575
)
 
$

 
$
(984
)
 
$

 
Interest on short-term borrowings (interest expense)
 
 
344

 

 
344

 

 
Income tax (expense)/benefit
 
 
$
(231
)
 
$

 
$
(640
)
 
$

 
Net Income (loss)