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Components of Other Comprehensive Income/(loss)
6 Months Ended
Jun. 30, 2020
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 and six months ended June 30, 2020 and 2019:
 
(Dollars in thousands)
 
Securities AFS
 
Cash Flow
Hedges
 
Pension and
Post-retirement
Plans
 
Total
Balance as of April 1, 2020
 
$
119,357

 
$
16,288

 
$
(271,809
)
 
$
(136,164
)
Net unrealized gains/(losses)
 
(1,030
)
 
1,640

 

 
610

Amounts reclassified from AOCI
 

 
(1,623
)
 
2,379

 
756

Other comprehensive income/(loss)
 
(1,030
)
 
17

 
2,379

 
1,366

Balance as of June 30, 2020
 
$
118,327

 
$
16,305

 
$
(269,430
)
 
$
(134,798
)
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2020
 
$
31,079

 
$
3,227

 
$
(273,914
)
 
$
(239,608
)
Net unrealized gains/(losses)
 
87,248

 
14,795

 

 
102,043

Amounts reclassified from AOCI
 

 
(1,717
)
 
4,484

 
2,767

Other comprehensive income/(loss)
 
87,248

 
13,078

 
4,484

 
104,810

Balance as of June 30, 2020
 
$
118,327

 
$
16,305

 
$
(269,430
)
 
$
(134,798
)


(Dollars in thousands)
 
Securities AFS
 
Cash Flow
Hedges
 
Pension and
Post-retirement
Plans
 
Total
Balance as of April 1, 2019
 
$
(27,121
)
 
$
(6,725
)
 
$
(287,305
)
 
$
(321,151
)
Net unrealized gains/(losses)
 
47,991

 
7,575

 

 
55,566

Amounts reclassified from AOCI
 
201

 
1,334

 
1,561

 
3,096

Other comprehensive income/(loss)
 
48,192

 
8,909

 
1,561

 
58,662

Balance as of June 30, 2019
 
$
21,071

 
$
2,184

 
$
(285,744
)
 
$
(262,489
)
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2019
 
$
(75,736
)
 
$
(12,112
)
 
$
(288,768
)
 
$
(376,616
)
Net unrealized gains/(losses)
 
96,606

 
11,511

 

 
108,117

Amounts reclassified from AOCI
 
201

 
2,785

 
3,024

 
6,010

Other comprehensive income/(loss)
 
96,807

 
14,296

 
3,024

 
114,127

Balance as of June 30, 2019
 
$
21,071

 
$
2,184

 
$
(285,744
)
 
$
(262,489
)




















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
 
2020
 
2019
 
2020
 
2019
 
Affected line item in the statement where net income is presented
Securities AFS:
 
 
 
 
 
 
 
 
 
 
Realized (gains)/losses on securities AFS
 
$

 
$
267

 
$

 
$
267

 
Debt securities gains/(losses), net
Tax expense/(benefit)
 

 
(66
)
 

 
(66
)
 
Provision/(benefit) for income taxes
 
 

 
201

 

 
201

 
 
Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Realized (gains)/losses on cash flow hedges
 
(2,153
)
 
1,772

 
(2,277
)
 
3,699

 
Interest and fees on loans
Tax expense/(benefit)
 
530

 
(438
)
 
560

 
(914
)
 
Provision/(benefit) for income taxes
 
 
(1,623
)
 
1,334

 
(1,717
)
 
2,785

 
 
Pension and Postretirement Plans:
 
 
 
 
 
 
 
 
 
 
Amortization of prior service cost and net actuarial gain/(loss)
 
3,155

 
2,074

 
5,946

 
4,017

 
All other expense
Tax expense/(benefit)
 
(776
)
 
(513
)
 
(1,462
)
 
(993
)
 
Provision/(benefit) for income taxes
 
 
2,379

 
1,561

 
4,484

 
3,024

 
 
Total reclassification from AOCI
 
$
756

 
$
3,096

 
$
2,767

 
$
6,010