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Components of Other Comprehensive Income/(Loss)
3 Months Ended
Mar. 31, 2018
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Components of Other Comprehensive Income/(Loss)
Components of Other Comprehensive Income/(loss)
The following table provides the changes in accumulated other comprehensive income/(loss) by component, net of tax, for the three months ended March 31, 2018 and 2017:
 
(Dollars in thousands)
 
Securities AFS
 
Cash Flow
Hedges
 
Pension and
Post-retirement
Plans
 
Total
Balance as of January 1, 2018
 
$
(26,834
)
 
$
(7,764
)
 
$
(288,227
)
 
$
(322,825
)
Adjustment to reflect adoption of ASU 2016-01 and ASU 2017-12
 
(5
)
 
(206
)
 

 
(211
)
Beginning balance, as adjusted
 
$
(26,839
)
 
$
(7,970
)
 
$
(288,227
)
 
$
(323,036
)
Net unrealized gains/(losses)
 
(59,504
)
 
(8,638
)
 

 
(68,142
)
Amounts reclassified from AOCI
 
(39
)
 
(155
)
 
1,287

 
1,093

Other comprehensive income/(loss)
 
(59,543
)
 
(8,793
)
 
1,287

 
(67,049
)
Balance as of March 31, 2018
 
$
(86,382
)
 
$
(16,763
)
 
$
(286,940
)
 
$
(390,085
)
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2017
 
$
(17,232
)
 
$
(1,265
)
 
$
(229,157
)
 
$
(247,654
)
Net unrealized gains/(losses)
 
(1,536
)
 
(1,062
)
 

 
(2,598
)
Amounts reclassified from AOCI
 
(27
)
 
(852
)
 
1,173

 
294

Other comprehensive income/(loss)
 
(1,563
)
 
(1,914
)
 
1,173

 
(2,304
)
Balance as of March 31, 2017
 
$
(18,795
)
 
$
(3,179
)
 
$
(227,984
)
 
$
(249,958
)

Reclassifications from AOCI, and related tax effects, were as follows:
(Dollars in thousands)
 
Three Months Ended
March 31
 
 
Details about AOCI
 
2018
 
2017
 
Affected line item in the statement where net income is presented
Securities AFS:
 
 
 
 
 
 
Realized (gains)/losses on securities AFS
 
$
(52
)
 
$
(44
)
 
Debt securities gains/(losses), net
Tax expense/(benefit)
 
13

 
17

 
Provision/(benefit) for income taxes
 
 
(39
)
 
(27
)
 
 
Cash flow hedges:
 
 
 
 
 
 
Realized (gains)/losses on cash flow hedges
 
(206
)
 
(1,380
)
 
Interest and fees on loans
Tax expense/(benefit)
 
51

 
528

 
Provision/(benefit) for income taxes
 
 
(155
)
 
(852
)
 
 
Pension and Postretirement Plans:
 
 
 
 
 
 
Amortization of prior service cost and net actuarial gain/(loss)
 
1,709

 
1,900

 
All other expense
Tax expense/(benefit)
 
(422
)
 
(727
)
 
Provision/(benefit) for income taxes
 
 
1,287

 
1,173

 
 
Total reclassification from AOCI
 
$
1,093

 
$
294