Comprehensive Income/(Loss)

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Comprehensive Income/(Loss)

NOTE 17. COMPREHENSIVE INCOME/(LOSS)

The activity in accumulated other comprehensive income/(loss) for the years ended December 31, 2016, 2015 and 2014 is as follows:

	Accumulated Other Comprehensive Income/(Loss) (1)
(in thousands)	Defined Benefit Pension Plan			Unrealized Gains (Losses) on Securities Available-for-Sale			Unrealized Gains on Securities Transferred from Available-for-Sale to Held-to-Maturity			Total
Balance at December 31, 2015	$	(17,539	)	$	(4,162	)	$	747		$	(20,954	)
Other comprehensive income/(loss) before reclassifications		(2,112	)		(4,300	)		—			(6,412	)
Amounts reclassified from accumulated other comprehensive income/(loss)		1,893			(1,428	)		(225	)		240
Period change		(219	)		(5,728	)		(225	)		(6,172	)
Balance at December 31, 2016	$	(17,758	)	$	(9,890	)	$	522		$	(27,126	)
Balance at December 31, 2014	$	(22,776	)	$	2,892		$	1,059		$	(18,825	)
Other comprehensive income/(loss) before reclassifications		3,233			(6,677	)		—			(3,444	)
Amounts reclassified from accumulated other comprehensive income/(loss)		2,004			(377	)		(312	)		1,315
Period change		5,237			(7,054	)		(312	)		(2,129	)
Balance at December 31, 2015	$	(17,539	)	$	(4,162	)	$	747		$	(20,954	)
Balance at December 31, 2013	$	(7,966	)	$	(6,126	)	$	1,358		$	(12,734	)
Other comprehensive (loss)/income before reclassifications		(15,768	)		9,638			—			(6,130	)
Amounts reclassified from accumulated other comprehensive income/(loss)		958			(620	)		(299	)		39
Period change		(14,810	)		9,018			(299	)		(6,091	)
Balance at December 31, 2014	$	(22,776	)	$	2,892		$	1,059		$	(18,825	)

(1) All amounts are net of tax. Related income tax expense or benefit is calculated using a combined Federal and State income tax rate approximating 37%.

Details about Accumulated Other Comprehensive Income/(Loss) Components	Amounts Reclassified from Accumulated Other Comprehensive Income/ (Loss) For the Years Ended December 31,									Affected Line Item in the Statement of Net Income
(in thousands)	2016			2015			2014
Securities available-for-sale (1):
Net securities gains reclassified into earnings	$	(2,251	)	$	(596	)	$	(981	)	Net securities gains (Non-interest income)
Related income tax expense		823			219			361		Provision for income taxes
Net effect on accumulated other comprehensive income/(loss) for the period		(1,428	)		(377	)		(620	)
Securities held-to-maturity (1):
Amortization of unrealized gain transferred from available-for-sale		(357	)		(494	)		(472	)	Interest and dividends on securities (Interest and dividend income)
Related income tax expense		132			182			173		Provision for income taxes
Net effect on accumulated other comprehensive income/(loss) for the period		(225	)		(312	)		(299	)
Defined benefit pension plan (2):
Amortization of net loss and prior service costs		3,046			3,205			1,516		Employee benefits (Non-interest expense)
Related income tax benefit		(1,153	)		(1,201	)		(558	)	Provision for income taxes
Net effect on accumulated other comprehensive income/(loss) for the period		1,893			2,004			958
Total reclassifications for the period	$	240		$	1,315		$	39

(1) For additional detail related to unrealized gains on securities and related amounts reclassified from accumulated other comprehensive income/(loss) see Note 4, “Securities.”

(2) Included in the computation of net periodic pension cost. See Note 13, “Employee Benefit Plans” for additional detail.