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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Pension and other post retirement obligations:      
Amortization of actuarial losses included in net periodic pension cost, gross $ (2,563) $ (12,647) $ (707)
Tax effect 605 3,087 263
Amortization of actuarial losses included in net periodic pension cost, net (1,958) (9,560) (444)
Amortization of prior service cost included in net periodic pension cost, gross (115) (1,398) (859)
Tax effect 28 340 324
Amortization of prior service cost included in net periodic pension cost, net (87) (1,058) (535)
Initial projected benefit obligation recognized upon plan adoption, gross 0 (775) 0
Tax effect 0 189 0
Initial projected benefit obligation recognized upon plan adoption, net 0 (586) 0
Unamortized actuarial gain due to plan merger, gross 0 0 1,858
Tax effect 0 0 (711)
Unamortized actuarial gain due to plan merger, net 0 0 1,147
Other comprehensive (loss)/income related to pension and other post retirement obligations, net of taxes (2,045) (11,204) 168
Unrealized gains/(losses) on available-for-sale securities:      
Net unrealized holding gains (losses) arising during period, gross 53,988 (39,894) (17,851)
Tax effect (13,176) 9,700 6,787
Net unrealized holding gains (losses) arising during period, net 40,812 (30,194) (11,064)
Reclassification of other comprehensive income due to change in accounting principle - equity securities 0 (208) 0
Reclassification adjustment for net (gains) included in net income, gross (4,882) 0 (2)
Tax effect 1,194 0 1
Reclassification adjustment for net (gains) included in net income, net (3,688) 0 (1)
Other comprehensive gain (loss) related to unrealized gains/(losses) on available-for-sale securities, net of taxes 37,124 (30,402) (11,065)
Other comprehensive income (loss), net of tax 35,079 (41,606) (10,897)
Net income 169,063 168,641 150,717
Comprehensive income 204,142 127,035 139,820
Accumulated Other Comprehensive Income/(Loss) By Component:      
Unrealized (loss) for pension and other postretirement obligations (46,175) (43,497) (28,677)
Tax effect 11,293 10,660 7,044
Net unrealized (loss) for pension and other postretirement obligations (34,882) (32,837) (21,633)
Unrealized gain (loss) on available-for-sale securities 32,877 (16,229) 23,940
Tax effect (8,221) 3,761 (6,006)
Net unrealized gain (loss) on available-for-sale securities 24,656 (12,468) 17,934
Accumulated other comprehensive (loss) $ (10,226) $ (45,305) $ (3,699)