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Accumulated Other Comprehensive Loss
 12 Months Ended
Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

Accumulated other comprehensive (loss) income included the following at December 31, 2015 and 2014:
 
December 31, 2015
 
December 31, 2014
(Dollars in thousands)
Accumulated
other
comprehensive
loss
 
Deferred
tax
benefit
 
Accumulated
other
comprehensive
loss,
net of tax
 
Accumulated
other
comprehensive
income (loss)
 
Deferred
tax
expense
(benefit)
 
Accumulated
other
comprehensive
income (loss),
net of tax
Unrealized (losses) gains on investment securities available for sale
$
(24,504
)
 
$
(9,379
)
 
$
(15,125
)
 
$
8,343

 
$
3,245

 
$
5,098

Unrealized loss on cash flow hedge
(1,429
)
 
(537
)
 
(892
)
 
(4,337
)
 
(1,673
)
 
(2,664
)
Funded status of defined benefit plan
(78,419
)
 
(29,996
)
 
(48,423
)
 
(90,696
)
 
(35,281
)
 
(55,415
)
Total
$
(104,352
)
 
$
(39,912
)
 
$
(64,440
)
 
$
(86,690
)
 
$
(33,709
)
 
$
(52,981
)

The following table highlights changes in accumulated other comprehensive (loss) income by component for the years ended December 31, 2015 and 2014:
(Dollars in thousands)
Unrealized gains (losses) on available-for-sale securities(1)
 
Gains (losses) on cash flow hedges(1)
 
Defined benefit pension items(1)
 
Total
Balance at January 1, 2014
$
(10,091
)
 
$
(4,434
)
 
$
(10,743
)
 
$
(25,268
)
Other comprehensive income (loss) before reclassifications
33,061

 
1,770

 
(47,946
)
 
(13,115
)
Amounts reclassified from accumulated other comprehensive (loss) income
(17,872
)
 
—

 
3,274

 
(14,598
)
Net current period other comprehensive income (loss)
15,189

 
1,770

 
(44,672
)
 
(27,713
)
Balance at December 31, 2014
5,098

 
(2,664
)
 
(55,415
)
 
(52,981
)
Other comprehensive income (loss) before reclassifications
(13,544
)
 
1,772

 
394

 
(11,378
)
Amounts reclassified from accumulated other comprehensive (loss) income
(6,679
)
 
—

 
6,598

 
(81
)
Net current period other comprehensive (loss) income
(20,223
)
 
1,772

 
6,992

 
(11,459
)
Balance at December 31, 2015
$
(15,125
)
 
$
(892
)
 
$
(48,423
)
 
$
(64,440
)
(1) All amounts are net of tax. Amounts in parentheses indicate debits.
The following table presents the amounts reclassified from accumulated other comprehensive (loss) income and the line item affected in the statement where net income is presented for the twelve months ended December 31, 2015 and 2014:
(Dollars in thousands)
 
Year ended December 31, 2015
Details about accumulated other comprehensive income (loss)
 
Amount reclassified from accumulated other comprehensive income (loss)(1)
 
Affected line item in the statement where net income is presented
Unrealized gains and losses on available for sale securities
 
$
10,817

 
Securities gains
 
 
(4,138
)
 
Income taxes
 
 
$
6,679

 
Net income
 
 
 
 
 
Amortization of defined benefit pension items
 
 
 
 
Prior service costs
 
$
(210
)
 
Employee benefits
Actuarial losses
 
(11,376
)
 
Employee benefits
 
 
(11,586
)
 
Employee benefits
 
 
4,988

 
Income taxes
 
 
$
(6,598
)
 
Net income
Total reclassifications for the period
 
$
81

 
 
 
 
 
 
 
 
 
Year ended December 31, 2014
Details about accumulated other comprehensive income (loss)
 
Amount reclassified from accumulated other comprehensive income (loss)(1)
 
Affected line item in the statement where net income is presented
Unrealized gains and losses on available for sale securities
 
$
29,096

 
Securities gains
 
 
(11,224
)
 
Income taxes
 
 
$
17,872

 
Net income
 
 
 
 
 
Amortization of defined benefit pension items
 
 
 
 
Prior service costs
 
$
(210
)
 
Employee benefits
Actuarial losses
 
(5,148
)
 
Employee benefits
 
 
(5,358
)
 
Employee benefits
 
 
2,084

 
Income taxes
 
 
$
(3,274
)
 
Net income
Total reclassifications for the period
 
$
14,598

 
 
(1) Amounts in parentheses indicate debits to profit/loss.