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Components of Other Comprehensive Income/(Loss)
6 Months Ended
Jun. 30, 2018
Equity [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 and six months ended June 30, 2018 and 2017:
 
(Dollars in thousands)
 
Securities AFS
 
Cash Flow
Hedges
 
Pension and
Post-retirement
Plans
 
Total
Balance as of April 1, 2018
 
$
(86,382
)
 
$
(16,763
)
 
$
(286,940
)
 
$
(390,085
)
Net unrealized gains/(losses)
 
(21,094
)
 
(3,457
)
 

 
(24,551
)
Amounts reclassified from AOCI
 

 
463

 
2,059

 
2,522

Other comprehensive income/(loss)
 
(21,094
)
 
(2,994
)
 
2,059

 
(22,029
)
Balance as of June 30, 2018
 
$
(107,476
)
 
$
(19,757
)
 
$
(284,881
)
 
$
(412,114
)
 
 
 
 
 
 
 
 
 
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)
 
(80,598
)
 
(12,095
)
 

 
(92,693
)
Amounts reclassified from AOCI
 
(39
)
 
308

 
3,346

 
3,615

Other comprehensive income/(loss)
 
(80,637
)
 
(11,787
)
 
3,346

 
(89,078
)
Balance as of June 30, 2018
 
$
(107,476
)
 
$
(19,757
)
 
$
(284,881
)
 
$
(412,114
)

(Dollars in thousands)
 
Securities AFS
 
Cash Flow
Hedges
 
Pension and
Post-retirement
Plans
 
Total
Balance as of April 1, 2017
 
$
(18,795
)
 
$
(3,179
)
 
$
(227,984
)
 
$
(249,958
)
Net unrealized gains/(losses)
 
9,188

 
3,059

 

 
12,247

Amounts reclassified from AOCI
 
(250
)
 
(904
)
 
1,403

 
249

Other comprehensive income/(loss)
 
8,938

 
2,155

 
1,403

 
12,496

Balance as of June 30, 2017
 
$
(9,857
)
 
$
(1,024
)
 
$
(226,581
)
 
$
(237,462
)
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2017
 
$
(17,232
)
 
$
(1,265
)
 
$
(229,157
)
 
$
(247,654
)
Net unrealized gains/(losses)
 
7,652

 
1,997

 

 
9,649

Amounts reclassified from AOCI
 
(277
)
 
(1,756
)
 
2,576

 
543

Other comprehensive income/(loss)
 
7,375

 
241

 
2,576

 
10,192

Balance as of June 30, 2017
 
$
(9,857
)
 
$
(1,024
)
 
$
(226,581
)
 
$
(237,462
)

















Reclassifications from AOCI, and related tax effects, were as follows:
(Dollars in thousands)
 
Three Months Ended
June 30
 
Six Months Ended June 30
 
 
Details about AOCI
 
2018
 
2017
 
2018
 
2017
 
Affected line item in the statement where net income is presented
Securities AFS:
 
 
 
 
 
 
 
 
 
 
Realized (gains)/losses on securities AFS
 
$

 
$
(405
)
 
$
(52
)
 
$
(449
)
 
Debt securities gains/(losses), net
Tax expense/(benefit)
 

 
155

 
13

 
172

 
Provision/(benefit) for income taxes
 
 

 
(250
)
 
(39
)
 
(277
)
 
 
Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Realized (gains)/losses on cash flow hedges
 
615

 
(1,465
)
 
409

 
(2,845
)
 
Interest and fees on loans
Tax expense/(benefit)
 
(152
)
 
561

 
(101
)
 
1,089

 
Provision/(benefit) for income taxes
 
 
463

 
(904
)
 
308

 
(1,756
)
 
 
Pension and Postretirement Plans:
 
 
 
 
 
 
 
 
 
 
Amortization of prior service cost and net actuarial gain/(loss)
 
2,735

 
2,273

 
4,444

 
4,173

 
All other expense
Tax expense/(benefit)
 
(676
)
 
(870
)
 
(1,098
)
 
(1,597
)
 
Provision/(benefit) for income taxes
 
 
2,059

 
1,403

 
3,346

 
2,576

 
 
Total reclassification from AOCI
 
$
2,522

 
$
249

 
$
3,615

 
$
543