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Stockholders' Equity
12 Months Ended
Dec. 31, 2019
Stockholders' Equity [Abstract]  
Stockholders' Equity
15.          Stockholders’ Equity


In accordance with GAAP, unrecognized prior service costs and net actuarial gains or losses associated with the Company’s pension and postretirement benefit plans and unrealized gains on derivatives and on AFS securities are included in AOCI, net of tax. For the years ended December 31, components of AOCI are:

(In thousands)
 
2019
   
2018
   
2017
 
Unrecognized prior service cost and net actuarial (losses) on pension plans
 
$
(21,677
)
 
$
(27,689
)
 
$
(15,284
)
Unrealized (losses) gains on derivatives (cash flow hedges)
   
(32
)
   
1,821
     
2,144
 
Unrealized net holding gains (losses) on AFS securities
   
2,683
     
(17,306
)
   
(8,937
)
AOCI
 
$
(19,026
)
 
$
(43,174
)
 
$
(22,077
)

Certain restrictions exist regarding the ability of the subsidiary bank to transfer funds to the Company in the form of cash dividends. The approval of the Office of Comptroller of the Currency (the “OCC") is required to pay dividends when a bank fails to meet certain minimum regulatory capital standards or when such dividends are in excess of a subsidiary bank's earnings retained in the current year plus retained net profits for the preceding two years as specified in applicable OCC regulations. At December 31, 2019, approximately $175.0 million of the total stockholders’ equity of the Bank was available for payment of dividends to the Company without approval by the OCC. The Bank’s ability to pay dividends also is subject to the Bank being in compliance with regulatory capital requirements. The Bank is currently in compliance with these requirements. Under the State of Delaware General Corporation Law, the Company may declare and pay dividends either out of accumulated net retained earnings or capital surplus.

The Company did not purchase any shares of its common stock during the year ended December 31, 2019. There are 1,000,000 shares available for repurchase under this plan, which expires on December 31, 2021.