| Accumulated Other Comprehensive Income |
Accumulated Other Comprehensive Income The following table presents changes in other comprehensive income: | | | | | | | | | | | | | | Before-Tax Amount | | Tax Effect | | Net of Tax Amount | | (in thousands) | Three months ended June 30, 2015 | | | | | | Unrealized loss on securities | $ | (18,474 | ) | | $ | 6,466 |
| | $ | (12,008 | ) | Reclassification adjustment for securities gains included in net income (1) | (2,413 | ) | | 844 |
| | (1,569 | ) | Unrealized gain on derivative financial instruments | 52 |
| | (18 | ) | | 34 |
| Amortization of net unrecognized pension and postretirement items (2) | 717 |
| | (251 | ) | | 466 |
| Total Other Comprehensive Loss | $ | (20,118 | ) | | $ | 7,041 |
| | $ | (13,077 | ) | Three months ended June 30, 2014 | | | | | | Unrealized gain on securities | $ | 19,984 |
| | $ | (6,994 | ) | | $ | 12,990 |
| Reclassification adjustment for securities gains included in net income (1) | (1,112 | ) | | 389 |
| | (723 | ) | Non-credit related unrealized gains on other-than-temporarily impaired debt securities | 497 |
| | (174 | ) | | 323 |
| Unrealized gain on derivative financial instruments | 52 |
| | (18 | ) | | 34 |
| Amortization of net unrecognized pension and postretirement items (2) | 160 |
| | (56 | ) | | 104 |
| Total Other Comprehensive Income | $ | 19,581 |
| | $ | (6,853 | ) | | $ | 12,728 |
| | | | | | | Six months ended June 30, 2015 | | | | | | Unrealized loss on securities | $ | (3,103 | ) | | $ | 1,087 |
| | $ | (2,016 | ) | Reclassification adjustment for securities gains included in net income (1) | (6,558 | ) | | 2,294 |
| | (4,264 | ) | Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities | 192 |
| | (67 | ) | | 125 |
| Unrealized gain on derivative financial instruments | 104 |
| | (36 | ) | | 68 |
| Amortization of net unrecognized pension and postretirement items (2) | 1,434 |
| | (502 | ) | | 932 |
| Total Other Comprehensive Loss | $ | (7,931 | ) | | $ | 2,776 |
| | $ | (5,155 | ) | Six months ended June 30, 2014 | | | | | | Unrealized gain on securities | $ | 41,419 |
| | $ | (14,496 | ) | | $ | 26,923 |
| Reclassification adjustment for securities gains included in net income (1) | (1,112 | ) | | 389 |
| | (723 | ) | Reclassification adjustment for postretirement gains included in net income (2) | (1,452 | ) | | 508 |
| | (944 | ) | Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities | 788 |
| | (276 | ) | | 512 |
| Unrealized gain on derivative financial instruments | 105 |
| | (37 | ) | | 68 |
| Unrecognized pension and postretirement income | 3,291 |
| | (1,147 | ) | | 2,144 |
| Amortization of net unrecognized pension and postretirement items (2) | 309 |
| | (109 | ) | | 200 |
| Total Other Comprehensive Income | $ | 43,348 |
| | $ | (15,168 | ) | | $ | 28,180 |
|
| | (1) | Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Investment securities gains, net" on the consolidated statements of income. See Note 4, "Investment Securities," for additional details. |
| | (2) | Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Salaries and employee benefits" on the consolidated statements of income. See Note 8, "Employee Benefit Plans," for additional details. |
The following table presents changes in each component of accumulated other comprehensive income, net of tax: | | | | | | | | | | | | | | | | | | | | | | Unrealized Gains (Losses) on Investment Securities Not Other-Than-Temporarily Impaired | | Unrealized Non-Credit Gains (Losses) on Other-Than-Temporarily Impaired Debt Securities | | Unrealized Effective Portions of Losses on Forward-Starting Interest Rate Swaps | | Unrecognized Pension and Postretirement Plan Income (Costs) | | Total | | (in thousands) | Three months ended June 30, 2015 | | | | | | | | | | Balance at March 31, 2015 | $ | 14,311 |
| | $ | 440 |
| | $ | (2,512 | ) | | $ | (22,039 | ) | | $ | (9,800 | ) | Other comprehensive loss before reclassifications | (12,008 | ) | | — |
| | — |
| | — |
| | (12,008 | ) | Amounts reclassified from accumulated other comprehensive income (loss) | (1,473 | ) | | (96 | ) | | 34 |
| | 466 |
| | (1,069 | ) | Balance at June 30, 2015 | $ | 830 |
| | $ | 344 |
| | $ | (2,478 | ) | | $ | (21,573 | ) | | $ | (22,877 | ) | Three months ended June 30, 2014 |
| |
| | | |
| |
| Balance at March 31, 2014 | $ | (13,577 | ) | | $ | 1,841 |
| | $ | (2,648 | ) | | $ | (7,505 | ) | | $ | (21,889 | ) | Other comprehensive income before reclassifications | 12,990 |
|
| 323 |
| | — |
| | — |
| | 13,313 |
| Amounts reclassified from accumulated other comprehensive income (loss) | 7 |
| | (730 | ) | | 34 |
| | 104 |
| | (585 | ) | Balance at June 30, 2014 | $ | (580 | ) | | $ | 1,434 |
| | $ | (2,614 | ) | | $ | (7,401 | ) | | $ | (9,161 | ) | | | | | | | | | | | Six months ended June 30, 2015 | | | | | | | | | | Balance at December 31, 2014 | $ | 5,980 |
| | $ | 1,349 |
| | $ | (2,546 | ) | | $ | (22,505 | ) | | $ | (17,722 | ) | Other comprehensive income (loss) before reclassifications | (2,016 | ) | | 125 |
| | — |
| | — |
| | (1,891 | ) | Amounts reclassified from accumulated other comprehensive income (loss) | (3,134 | ) | | (1,130 | ) | | 68 |
| | 932 |
| | (3,264 | ) | Balance at June 30, 2015 | $ | 830 |
| | $ | 344 |
| | $ | (2,478 | ) | | $ | (21,573 | ) | | $ | (22,877 | ) | Six months ended June 30, 2014 | | | | | | | | | | Balance at December 31, 2013 | $ | (27,510 | ) | | $ | 1,652 |
| | $ | (2,682 | ) | | $ | (8,801 | ) | | $ | (37,341 | ) | Other comprehensive income before reclassifications | 26,923 |
| | 512 |
| | — |
| | 2,144 |
| | 29,579 |
| Amounts reclassified from accumulated other comprehensive income (loss) | 7 |
| | (730 | ) | | 68 |
| | (744 | ) | | (1,399 | ) | Balance at June 30, 2014 | $ | (580 | ) | | $ | 1,434 |
| | $ | (2,614 | ) | | $ | (7,401 | ) | | $ | (9,161 | ) |
|