Comprehensive Income/(Loss) (Tables)

6 Months Ended

Jun. 30, 2018

Equity [Abstract]

Components of Accumulated Other Comprehensive Income

The activity in accumulated other comprehensive income for the three and six months ended June 30, 2018 and 2017 is as follows:

	Accumulated Other Comprehensive Income/(Loss) (1)
(unaudited, in thousands)	Defined Benefit Pension Plan			Unrealized Gains (Losses) on Debt Securities Available-for-Sale			Unrealized Gains on Debt Securities Transferred from Available-for-Sale to Held-to-Maturity			Total
Balance at December 31, 2017	$	(18,626	)	$	(13,250	)	$	381		$	(31,495	)
Other comprehensive income before reclassifications		—			(21,720	)		—			(21,720	)
Amounts reclassified from accumulated other comprehensive income		1,026			—			(100	)		926
Period change		1,026			(21,720	)		(100	)		(20,794	)
Adoption of Accounting Standard ASU 2016-01 (2)		—			(1,063	)		—			(1,063	)
Balance at June 30, 2018	$	(17,600	)	$	(36,033	)	$	281		$	(53,352	)
Balance at December 31, 2016	$	(17,758	)	$	(9,890	)	$	522		$	(27,126	)
Other comprehensive income before reclassifications		—			3,932			—			3,932
Amounts reclassified from accumulated other comprehensive income		1,164			35			(123	)		1,076
Period change		1,164			3,967			(123	)		5,008
Balance at June 30, 2017	$	(16,594	)	$	(5,923	)	$	399		$	(22,118	)

⁽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 23% in 2018 and 37% in all prior periods.

⁽²⁾  See Note 1, Summary of Significant Accounting Policies for additional information about WesBanco’s adoption of ASU 2016-01.

Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income

The following table provides details about amounts reclassified from accumulated other comprehensive income for the three and six months ended June 30, 2018 and 2017, respectively:

Details about Accumulated Other Comprehensive Income Components	For the Three Months Ended June 30,						For the Six Months Ended June 30,						Affected Line Item in the Statement of Net Income
(unaudited, in thousands)	2018			2017			2018			2017
Securities available-for-sale (1):
Net securities gains/losses reclassified into earnings	$	—		$	55		$	—		$	55		Net securities gains (Non-interest income)
Related income tax benefit		—			(20	)		—			(20	)	Provision for income taxes
Net effect on accumulated other comprehensive income for the period		—			35			—			35
Securities held-to-maturity (1):
Amortization of unrealized gain transferred from available-for-sale		(66	)		(118	)		(131	)		(189	)	Interest and dividends on securities (Interest and dividend income)
Related income tax expense		15			44			31			66		Provision for income taxes
Net effect on accumulated other comprehensive income for the period		(51	)		(74	)		(100	)		(123	)
Defined benefit pension plan (2):
Amortization of net loss and prior service costs		764			809			1,520			1,610		Employee benefits (Non-interest expense)
Related income tax benefit		(175	)		(300	)		(494	)		(446	)	Provision for income taxes
Net effect on accumulated other comprehensive income for the period		589			509			1,026			1,164
Total reclassifications for the period	$	538		$	470		$	926		$	1,076

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

⁽²⁾ Included in the computation of net periodic pension cost. See Note 7, “Pension Plan” for additional detail.