Comprehensive Income/(Loss) (Tables)

6 Months Ended

Jun. 30, 2019

Equity [Abstract]

Components of Accumulated Other Comprehensive Income

The activity in accumulated other comprehensive income for the six months ended June 30, 2019 and 2018 is as follows:

	Accumulated Other Comprehensive Income/(Loss) (1)
(unaudited, in thousands)	Defined Benefit Plans			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, 2018	$	(16,542	)	$	(21,522	)	$	193		$	(37,871	)
Other comprehensive income before reclassifications		—			40,996			—			40,996
Amounts reclassified from accumulated other    comprehensive income		1,129			(30	)		(111	)		988
Period change		1,129			40,966			(111	)		41,984
Balance at June 30, 2019	$	(15,413	)	$	19,444		$	82		$	4,113
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		—			(1,063	)		—			(1,063	)
Balance at June 30, 2018	$	(17,600	)	$	(36,033	)	$	281		$	(53,352	)

⁽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%.

Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income/(Loss)

The following table provides details about amounts reclassified from accumulated other comprehensive income for the three and six months ended June 30, 2019 and 2018, respectively:

Details about Accumulated Other Comprehensive Income/(Loss) 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)	2019			2018			2019			2018
Debt securities available-for-sale (1):
Net securities losses (gains) reclassified into earnings	$	4		$	—		$	(38	)	$	—		Net securities gains (Non-interest income)
Related income tax (benefit) expense		(1	)		—			8			—		Provision for income taxes
Net effect on accumulated other comprehensive income for the period		3			—			(30	)		—
Debt securities held-to-maturity (1):
Amortization of unrealized gain transferred from    available-for-sale		(94	)		(66	)		(149	)		(131	)	Interest and dividends on securities (Interest and dividend income)
Related income tax expense		21			15			38			31		Provision for income taxes
Net effect on accumulated other comprehensive income for the period		(73	)		(51	)		(111	)		(100	)
Defined benefit plans (2):
Amortization of net loss and prior service costs		758			764			1,509			1,520		Employee benefits (Non-interest expense)
Related income tax benefit		(173	)		(175	)		(380	)		(494	)	Provision for income taxes
Net effect on accumulated other comprehensive income for the period		585			589			1,129			1,026
Total reclassifications for the period	$	515		$	538		$	988		$	926

⁽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 8, “Pension & Postretirement Medical Benefit Plans” for additional detail.