COMPREHENSIVE INCOME (Tables)

6 Months Ended

Jun. 30, 2014

The components of comprehensive income, net of related tax, are as follows:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2014			2013			2014			2013
Net income	$	34,831		$	29,193		$	69,355		$	57,731
Other comprehensive income (loss):
Securities available for sale:
Unrealized gains (losses) arising during the period, net of tax expense (benefit) of $2,937, $(6,101), $8,618 and $(6,200)		5,451			(11,330	)		16,001			(11,514	)
Reversal of non-credit related losses on debt securities not expected to be sold, net of tax expense of $3,335		—			—			6,192			—
Reclassification adjustment for gains included in net income, net of tax expense of $270, $19, $3,581 and $258		(504	)		(35	)		(6,654	)		(480	)
Derivative instruments:
Unrealized gains (losses) arising during the period, net of tax expense (benefit) of $1,248, $(2,080), $2,365 and $(2,453)		2,317			(3,863	)		4,391			(4,556	)
Pension and postretirement benefit obligations:
Unrealized gains arising during the period, net of tax expense of $117, $188, $234 and $375		218			349			435			697

Other comprehensive income (loss)		7,482			(14,879	)		20,365			(15,853	)

Comprehensive income	$	42,313		$	14,314		$	89,720		$	41,878

The following table presents changes in accumulated other comprehensive income, net of tax, by component:


	Unrealized Net Gains (Losses) on Securities Available for Sale			Non-Credit Related Loss on Debt Securities not Expected to be Sold			Unrealized Losses on Derivative Instruments			Unrecognized Pension and Postretirement Obligations			Total
Six Months Ended June 30, 2014
Balance at beginning of period	$	(11,874	)	$	(6,192	)	$	(6,586	)	$	(32,272	)	$	(56,924	)
Other comprehensive income (loss) before reclassifications		16,001			6,192			4,391			435			27,019
Amounts reclassified from accumulated other comprehensive income		(6,654	)		—			—			—			(6,654	)

Net current period other comprehensive income (loss)		9,347			6,192			4,391			435			20,365

Balance at end of period	$	(2,527	)	$	—		$	(2,195	)	$	(31,837	)	$	(36,559	)

The following table presents a summary of the reclassifications out of accumulated other comprehensive income:

Six Months Ended June 30, 2014


Details About Accumulated Other Comprehensive Income Component	Amount Reclassified from Other Comprehensive Income			Affected Line Item in the Statement where Net Income is Presented
Unrealized net gains on securities available for sale (1)	$	(10,237	)	Net securities gains
		(3,583	)	Tax expense

	$	(6,654	)

(1)	For additional detail related to unrealized net gains on securities available for sale and related amounts reclassified from accumulated other comprehensive income see the “Securities” note in this Report.